PLAYA DEL REY, CA-Cove Spring Partners begins construction on the Strand Offices at Playa del Rey, a project that will include two three-story buildings here.

FORT COLLINS, CO-Previous manager NewMark Merrill Mountain States buys the 555,000-square-foot center and is planning a total rebranding.

SAN FRANCISCO-Portfolio lender Mesa West Capital is financing the hotel owners’ first mortgage on the 802-room waterfront hotel.

COSTA MESA, CA-Mandalay Village Marketplace and the Crossings at Paso Robles represent an ‘aggressive acquisitions plan’ by Donahue Schriber to acquire coastal California and Pacific Northwest retail properties.

RIVERSIDE COUNTY, CA-The Eagle Glen apartment property in Murrieta, CA, is being offered with an assumable loan and will attract investors looking for ‘a newer stabilized property,’ says a source.

SAN FERNANDO VALLEY, CA-Property owner Kennedy Wilson will finance ‘significant common-area improvements’ over the next six months on the Encino and Woodland Hills buildings.

Lenders that liquidate defaulted commercial mortgages are recovering an average of just under 60% of the balance of those loans, Real Capital Analytics…

The Federal Deposit Insurance Corp. chose a consortium led by Starwood Capital Group to purchase a portion of an LLC holding $4.5 billion of assets previously…