NEWPORT BEACH, CA—The New Home Company opens Fiano, a limited collection of 39 Tuscan-inspired and innovative residences on a scenic hilltop, and the last to be built in Pacific Ridge.

SAN DIEGO—Private-capital sources give the firm the flexibility to get in and out of assets and markets at its discretion, president David Michan tells GlobeSt.com <b>EXCLUSIVELY</b>.

BUENA PARK, CA—GlobeSt.com learns <b>EXCLUSIVELY</b> that Avison Young's Jodi Meade has completed its second Southern California dealership lease with Tesla Motors, this time for a 23,000-square-foot space at 6692 Auto Center Dr.

OWINGS MILLS, MD—Inland Real Estate Group, Inc. of Oak Brook, IL has purchased the Giant Foods anchored New Town Village Center here for $31.68 million.