LOS ANGELES—The value-add investor buys a 391-unit multifamily portfolio in Thousand Oaks, where new development is nil and the opportunity to push rents is high.

TORONTO—Spokesmen for Brookfield and General Growth Properties declined to comment on a Reuters report that the Toronto-based asset manager was exploring an acquisition of the 66% of the shopping center REIT it doesn't already own.

IRVINE, CA—Despite office deliveries expected to reach close to 600,000 square feet in 2016 and 2.2 million square feet in 2017, completions won't all come at once, helping absorption to catch up, JLL's Jeff Ingham tells GlobeSt.com <b>EXCLUSIVELY</b>.