SAN CLEMENTE, CA-Five tenants have signed leases already that will fill about a third of the space, and brokers expect to have pre-leasing at 50% by the end of September.

LOS ANGELES, CA-The West Los Angeles-based investment firm acquired a medical office complex in nearby Santa Monica for $21 million and a shopping center in Woodland Hills, Calif. for nearly $9 million.

LOS ANGELES, CA-From April through June, Los Angeles County lead the nation in demand for apartments and Southern California was "the nation's apartment demand hot spot," according to a new report.

LA QUINTA, CA-The investor, working under a 10-31 exchange deadline, obtained the loan through ARCS Commercial Mortgage Co. to buy a 200-unit apartment building here at 47-750 Adams St.

RIVERSIDE, CA-A private investor from Northern California buys the 15-year-old property, which is evenly split between one-bedroom and two-bedroom units.

MANHATTAN BEACH, CA-Bancroft Capital LLC closes its Bancroft Opportunity Fund I with total committed capital of $6 million, expecting to combine that with institutional funds and leverage it into $200 million in properties.

IRVINE, CA-The real estate investment and management company loses $1.482 million in the second quarter, or 27 cents per share, after depreciation and other charges.

IRVINE, CA-Timeshare developer MPTV Inc. has renewed its permits to renovate five buildings at its Lake Tropicana timeshare resort near Las Vegas, which is planned to include 144 apartments in 22 buildings, a tennis court, a spa, swimming pools and other recreation facilities. MPTV is seeking funding to complete the project.