IRVINE, CA-The two firms, both based here, name the former Irvine Co. executive president and chief operating officer.

IRVINE, CA-The company names Liz Johnson as a managing director in its Integrated Client Services division here and Jeff Brock as VP and director of hospitality services in Downtown L.A.

Distress continues to mount across the US, reaching a total of more than $180 billion in the latest reports by New York City-based Real Capital Analytics.…

LOS ANGELES-Locally based JRK Property Holdings Inc. acquires nine apartment complexes in six markets and seeks more assets for a multifamily fund targeting $1 billion worth of acquisitions.

NEWBURY PARK, CA-The 50,315-square-foot center trades in an REO sale in this week's roundup of commercial real estate news in the West.

LADERA RANCH, CA-Strategic Storage Trust Inc. buys three facilities in California, NEvada and Virginia for $12.2 million and plans to rebrand them under its SmartStop Self Storage name.

ARCADIA, CA-The joint venture of Kiewit and Pasadena, CA-based Parsons Corp., called Foothill Transit Constructors, gets the nod to build the 11.5-mile Gold Line Foothill Extension light rail project.

HOLLYWOOD-The joint venture of Legacy Partners and AIG Global Real Estate refinances 7950 W. Sunset Blvd. with a loan arranged by CB Richard Ellis Capital Markets Group.