LOS ANGELES-Forecast LA from Beacon Economics shows the L.A. economy will improve slowly and steadily for the next few years, but major growth is still several years away.

LOS ANGELES-The $85 million Line Hotel names NMS Capital Group as sole financial advisor to provide investment banking services for capital raising efforts and the transaction.

LOS ANGELES-Brokers Brandon Carrillo and Trauger Ralston earn a shareholder positions Lee & Associates Los Angeles office.

LONG BEACH, CA-Urbana Development purchases five acres in Douglas Park to build two class-A medical office buildings totaling 90,000 square feet.

LOS ANGELES-The proposed design plans include multifamily and hotel space on the six-acre plot the joint venture purchased late last year for $80 million.

LOS ANGELES-The PacMutual Campus in Downtown Los Angeles is the first historic building and the oldest building in the city to receive this level of LEED certification.

LOS ANGELES-DoubleTree LAX owner Stonecreek Properties enters a joint venture with Argosy Real Estate and Evolution Hospitality to purchase the hotel.

SANTA MONICA, CA-GoCoin expands its Santa Monica retail space to 7,000 square feet, occupying the entire third floor of the historic Keller Block building.