LOS ANGELES—Former DTZ regional managing director and principal Jonathan Larsen joins the firm as principal and managing director in the firm's West Los Angeles office.

LOS ANGELES—The renowned builder is chosen to construct two separate projects at Riverside City College and Crafton Hills College, which will cost a total of $36.7 million.

PLAYA VISTA, CA—Playa Vista is “the heart” of the Westside creative office market, thanks to recent leasing transactions from mid- to large-sized tenants and purchases from institutional investors.

TORONTO—Avison Young acquires Calgary-based property management firm Peregrin, adding 1 million square feet to the firm's global property management portfolio and 12 employees to its Calgary office.

LONG BEACH, CA—In this <b>EXCLUSIVE</b> Q&amp;A, Robert Stepp of Stepp Commercial talks about the impressive growth in the Long Beach multifamily market—which ended last year up nearly 40% over 2013.

LOS ANGELES—Genesis Capital, which provides bridge loans to investors of distressed single-family assets reports a 625% increase in loan origination volume last year.

CARSON, CA—An affiliate of KTR buys a 10-acre land site from a local distributor's real estate surplus, with plans to use the site as a land lease or a build-to-suit industrial development.

LOS ANGELES—With the ports heading toward a shutdown after nine months of labor negotiations, we sat down with CBRE's Kurt Strasmann to talk about the potential effects a shutdown will have on the economic and industrial markets.