LOS ANGELES-The Allen Matkins/UCLA Anderson Forecast on California CRE shows developer optimism and growth continuing to 2016.

LOS ANGELES-Institutional Property Advisors national director Brian Murdy predicts more real estate entities will consolidate in the coming months.

LOS ANGELES-Stronger than expected job growth in the first half of 2013 raises the probability that the Federal Reserve will ease back on stimulus later this year, says a Marcus & Millichap report.

LONG BEACH-Mercedes-Benz USA has leased a million square feet at the former Boeing 717 aircraft facility in Long Beach.

LOS ANGELES-The 400 successors to the axed state redevelopment agencies will soon submit long-range Property Management Plans (PMP). Over 8000 properties are expected to hit the market.

LOS ANGELES-An apartment complex designed by Arthur and Nina Zwebell has been acquired by Champion Real Estate Co. The 1928 multifamily is an architectual gem that qualifies for preservation tax incentives.

HERMOSA BEACH, CA-Plans are underway to build a 104-room luxury beachfront hotel on the site of some funky but chic bars and restaurants here.

LOS ANGELES-Canyon Catalyst Fund has tabbed Paragon Commercial Group for a new program targeting emerging fund managers. Paragon anticipates $60 million-$100 million of retail acquisitions