ENCINO, CA-Private investor Leo Danichels acquires 76 units here in this San Fernando Valley community, where vacancy rates have dropped to the low single digits and rents have steadily been climbing.

SANTA MONICA, CA-The multimillionaire apartment landlord, often feted for his humanitarian work, allegedly had employees threaten tenants in his rent-controlled apartments here with eviction. The $25,000-settlement will be shared by eight renters and the city government.

COSTA MESA, CA-Locally-based development giant C.J. Segerstrom & Sons wants to build a 93-acre mixed-use project on a parcel currently used to grow lima beans. It received the Planning Commission's blessing earlier this week.

LOS ANGELES-The City Controller says center officials may have provided $5.8 million more in discounts than local code allows, and that collection of unpaid debts is poor. Findings come as LA struggles to woo new expos to boost the sluggish economy.

LOS ANGELES-Hiro Real Estate puts finishing touches on conversion of old Union Oil headquarters into hip office and retail space, while public-private partnership completes transformation of Whittier's aging Hoover Hotel into 50-unit apartment complex for seniors.

ALISO VIEJO, CA-The insurance giant takes 120,000 sf of new space inside Shea Properties' $350-million Vantis project here. Deal is one of the region's largest of the year and provides lift for battered South County area.

LOS ANGELES-American Industrial Real Estate Association tabs Timothy Hayes and Joy De La Cruz to expand its technology and growth efforts. The trade group represents more than 90% of all commercial and industrial brokers in LA Basin.

LOS ANGELES-Company controlled by Dr. David Lee pays $24.2 million for 308,000-sf Wilshire Serrano Building, pushing his local portfolio to about two dozens buildings worth estimated $300 million.