TORRANCE, CA—Meta Housing completes the Cabrillo Family Apartments, a 44-unit affordable housing complex, and with rising rents in the L.A. area, it is in urgent need.

LOS ANGELES—Allen Construction launches a new commercial construction division to strategically expand after several local construction companies shuttered.

LOS ANGELES—Development in Downtown Los Angeles is stronger than ever, with 40 residential projects underway and several major retail and hotel projects, making downtown one of the country's hottest markets.

LOS ANGELES—DealPoint Merrill buys a 223,614-square-foot, three-property portfolio in Illinois, New York and Texas, which includes a Walmart Super Center and an Albertson's-anchored shopping center.

LOS ANGELES—In today's competitive market, speed is the key, according to Alexa Mizrahi of Lone Oak Fund, who sat down with us to talk about the challenges in the capital market before speaking at RealShare Investment & Finance.

LONG BEACH, CA—Cargo activity at the Port of Long Beach rises 6% in May, making it the most active month since October 2007 and the best May since May 2006.

LOS ANGELES—In this <b>EXCLUSIVE</b> Q&amp;A, George Smith Partners' Jonathan Lee talks about the local challenges surfacing from the newly rolled out HVCRE regulations.

BURBANK, CA—CBRE is marking the massive development site, which is ideal for a mixed-use project, on behalf of the Burbank Airport Authority.