LONG BEACH, CA-A Long Beach multifamily complex secures $6-million in funding from Chicago-based Capri Capital. SoCal's rental market continues to be tight, with rates increasing on average 12.5% over the last year.

LOS ANGELES-As other commercial real estate markets struggle with the cooling of the national economy, LA County's multifamily sector is still performing strongly.

LOS ANGELES-Developers have moved forward with construction of Wateridge Two, even as vacancy rates rise on the Westside.

LONG BEACH, CA-A multifamily complex here has secured $6-million in financing from Chicago-based Capri Capital. Rent rates in SoCal increased on average 12.5% over the last year, where occupancy is now at 98.1%

LOS ANGELES-With Downtown Los Angeles office market beginning to bounce back, more than 200,000 sf of office space has opened up in Downtown's Los Angeles Center Studios.

LOS ANGELES-In a move calculated to keep the state's second-largest utility solvent, California Gov. Gray Davis has offered to buy SoCal Edison's transmission grid for $2.76 billion.

LOS ANGELES-Crown Theatres LP has signed a deal to anchor the $100-million Queensway Bay project, which is spurring new activity at the long-stalled project.

LOS ANGELES-A 2,164-sf facility, which is leased by fast food chain Del Taco, has been sold in Downey.