ORANGE COUNTY, CA-The county opened the most new hotels statewide, according to a recently published hospitality report. A total of 3,284 new rooms were added, which reflects an increase of 392% from 2000.

ANAHEIM, CA-The Royce Co. acquires a 27,439-sf office property from Anaheim-based SMP LP. Built in 1977, the multitenant building stands two stories high.

IRVINE, CA-The Irvine-based developer secures approval from Clark County, NV for the renovation of five buildings at its Las Vegas resort project.

ORANGE COUNTY, CA-Dwyer-Curlett & Co. arranges $2.7 million in permanent financing for the two properties, which are located in Garden Grove and Costa Mesa.

ORANGE COUNTY, CA-Rents in the Orange County multifamily sector have leveled off as occupancy levels continue to drop, according to a recent report by RealFacts.

ALISO VIEJO, CA-The property is acquired by Redwood Residential LLC. The seller is Northwestern Mutual Life Insurance Co. Apartment occupancy levels continue to drop in the region.

FOOTHILL RANCH, CA-International Colors Posters Inc. signs a five-year lease for 50,000 sf at an R&D property in Foothill Ranch. The company plans to consolidate some of its operations at the recently leased facility.

ORANGE COUNTY, CA-The transactions involve a 12-unit complex in Santa Ana and an 8-unit property in Anaheim. The deals have a combined value of $1.3 million.