WESTLAKE VILLAGE, CA-Experts at the Ventura and Conejo Valley 2014 Economic Forecast had a positive outlook on 2014, predicting retail development will increase while office vacancy rates will drop by yearend.

PASADENA, CA-Healthcare growth prompted by the Affordable Care Act drives Markwood Enterprises to purchase a Pacific Clinics office building.

LOS ANGELES-The Wilshire Grand hotel development in Downtown Los Angeles will break the Guinness Book of World Records for largest continuous concrete pour when construction officially commences in February.

WESTLAKE VILLAGE, CA-LTC Properties renews two assisted living facility leases as it launches efforts to re-lease 37 additional assisted living facilities in the Pacific Northwest, Midwest and Texas.

BEVERLY HILLS, CA-Duns Capital secures $11 million to renovate and reposition a vacant office building in Downtown Los Angeles' Historic Core district into a mixed-use complex.

WESTLAKE VILLAGE, CA-Investco Real Estate acquires the 238,943-square-foot, five-building office campus from a partnership between Amstar, the Travelers Cos. and Searles Property Group.

SANTA MONICA, CA-A joint venture between Lincoln Property Co. and Centennial Real Estate acquires a mixed-use property on the Third Street Promenade for $20.5 million.

LOS ANGELES-With Glendale's popularity on the rise, Winchester Apartments, a 32-unit multifamily property, receives multiple offers, GlobeSt.com reports in this <b>EXCLUSIVE</b> story.