LONG BEACH, CA-In an <b>UPDATE</b> to a previous story, construction has begun on a billion-dollar bridge that will enhance commuter and trucking access to the Port of Long Beach. Its taller clearance will also allow bigger ships access.

LOS ANGELES-Bob Hart, formerly president of Kennedy Wilson Multifamily Management Group, launches an investment firm focused on class-B multifamily housing on the West Coast. The new company is called TruAmerica Multifamily.

LOS ANGELES-A new fund aimed at discovering the next generation of investment managers has announced its third and fourth partnerships. The latest deals will generate between $120 million to $200 million of investments in office and multifamily properties in the state.

LOS ANGELES-Brentwood Originals, a manufacturer of decorative pillows, has signed a six-year lease that expands its Southern California presence.

LOS ANGELES-A $53-million mixed-use project is now renting at 1111 Wilshire Blvd. The 210-unit apartments target urban professionals.

SHERMAN OAKS, CA-A new HUD program that expedites processing for the acquisition or refinancing of affordable apartments has been expanded. Two L.A. County properties have benefitted.

LOS ANGELES-A 75-unit apartment complex has been purchased for $14 million. It is located near major attractions in the heart of Hollywood.

GARDENA, CA-Gateway Crossings, a community center redeveloped from industrial property, has been sold to an undisclosed family trust. The deal was financed, but loan terms were not disclosed.