LOS ANGELES-In a close vote, the Los Angeles City Council has decided to give to Capitol Records Inc. $4 million to keep the company in Hollywood.

LOS ANGELES-In a close vote, the Los Angeles City Council has decided to give to Capitol Records Inc. $4 million to keep the company in Hollywood.

LOS ANGELES-Entertainment giant's redevelopment plan gets approval from Burbank's City Council, but development could be delayed by lawsuits.

LOS ANGELES-Entertainment giant's redevelopment plan gets approval from Glendale's City Council, but development could be delayed by lawsuits.

LOS ANGELES-A local developer purchases Pacific Shore Hotel in Santa Monica for $26 million and plans to spend $10 million more in improvements.

LOS ANGELES-Developer MBK Southern California Ltd. gets contract for $80-million facility in Antelope Valley community of Lancaster, but county will spend another $30 million on furnishings and off-site improvements.

LOS ANGELES-Group of private investors buys the 142,000-sf mixed-use facility, which serves as regional headquarters of AARP.

LOS ANGELES-Three firms have signed leases for 475,000 sf in Golden Springs Business Center, bringing total space leased to almost 1.9 million sf.