LOS ANGELES-Chinese investor Hazens Investment LLC, a subsidiary of Shenzhen Hazens Real Estate Group Co., acquires the Sheraton Gateway Hotel near the Los Angeles International Airport for $96 million.

LOS ANGELES-Jones Lang LaSalle adds senior housing expert Alan Ursillo on the Healthcare Capital Markets team to focus on the sale of senior housing properties, GlobeSt.com learns in this <b>EXCLUSIVE</b> story.

LOS ANGELES-The $20-million renovation project of the iconic the Beverly Garland Hotel in North Hollywood begins, which will transform the vintage hotel into the submarket's first boutique hotel.

BEVERLY HILLS, CA-A 63,691-square-foot redevelopment site at the Beverly Hills Golden Triangle comes onto the market and is expected to fetch a high price-per-square-foot value.

BEVERLY HILLS, CA-Muji USA Limited signs a lease for an 8,600-square-foot retail space at the Hollywood Galaxy Shopping Center for its US flagship store, the company's largest location in the nation.

LOS ANGELES-A private investor disposes of a three-building multifamily portfolio with 107 total units in Koreatown to a buyer who assumed a supplemental debt to the loan balance.

SANTA BARBARA-Fespar Enterprises submits drawings to the city's Historical Landmarks Commission for a proposed small and green hotel next door to its Fess Parker DoubleTree Resort.

GRANADA HILLS, CA-Marc Needleman acquires the Knollwood Plaza, a 23,922-square-foot Fresh and Easy-anchored retail center, from Westwood Financial Corp.