COSTA MESA, CA—The firm disposes of its fourth local apartment asset as part of its plan to aggregate smaller properties here and renovate them before reselling.

SAN FRANCISCO—The 20-year industry veteran now serves as managing director and president, as Greg Vilkin has left the firm.

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ORLANDO—CPAC tapped CREC to lease and manage the shopping center and was able to improve occupancy from 50% to nearly 90% over a three-year period.