COSTA MESA, CA-A private investor acquires the 10-unit property, which consists of detached two-bedroom homes. Each home has an enclosed single garage and a private yard.

LAS VEGAS-A San Francisco-based investor takes control of a 252-unit complex along West Hacienda. Built in 1999, the complex was about 91% occupied at sale time. The complex sold at an 8.6% cap rate.

IRVINE, CA-The Irvine-based company has provided $22.8 million in financing for the development of two multifamily communities in the Inland Empire. The two projects will break ground this month.

NEWPORT BEACH, CA-The new adjustable rate program includes an option to pay interest only for up to the first five years. Known as the "Interest Only" program, it has been designed to make adjustable rate mortgages attractive even in rising interest rate cycles.

CORONA, CA-Construction of the two-story, 19,152-sf facility is to commence later this month. Known as the Chapin Medical Building, it will stand adjacent to the biomedical corporation's current facility.

SANTA ANA, CA-The locally-based company is developing the project on behalf of Principal Capital Real Estate Investors. Known as the Jurupa Business Park, the complex will encompass 1.1 million sf upon completion. It is rising on a 51-acre site at 13204 and 13502 Jurupa Ave.

ORANGE COUNTY, CA-The rate of unemployment here dipped 0.3% from January to February, according to a recently released study by the State of California Employment Development Department.

ORANGE, CA-The one-acre contractor's yard is acquired by a landscaping firm for nearly $1 million. The buyer, Leonard Chaidez Tree Service, plans to store equipment at the site.