NORTH HOLLYWOOD, CA-Privately held Lighthouse Group acquires 48-unit complex here for an average of $41,145 per unit, far less that what some other investors have recently paid in the same area.

LOS ANGELES-The district's bid for the hotel, valued at more than $76.5 million, had been thrown into limbo by a higher offer from privately held Casden Properties. But bankruptcy judge now says the deal can move forward, after Casden can't hammer out other terms with the seller.

LOS ANGELES-Marcus & Millichap says a slowing economy and a glut of new retail construction will push the county's vacancy rate higher in 2002 while keeping a lid on rents.

LOS ANGELES-Marcus & Millichap says a slowing economy and a glut of new retail construction will push the county's vacancy rate higher in 2002 while keeping a lid on rents.

LOS ANGELES-Supervisor Zev Yaroslavsky asks county lawyers to determine whether the city of LA would have to pay Valley residents for public buildings the city would keep if a municipal breakup is approved.

LOS ANGELES-The district's bid for the hotel, valued at more than $76.5 million, had been thrown into limbo by a higher offer from privately held Casden Properties. But bankruptcy judge now says the deal can move forward, after Casden can't hammer out other terms with the seller.

LOS ANGELES-A Westcore Industrial Properties affiliate pays $18 million for 409,000-sf Pacific Gulf Distribution Center on outskirts of Downtown LA, marking one of the final milestones in the life of a SoCal-based REIT beloved by many of its investors.

LOS ANGELES-Shoppers crowd into stores here and across the US, hunting for post-Thanksgiving bargains. Good turnout raises hopes that the holiday sales season will be better than some analysts are expecting.