LOS ANGELES—According to economist John Silvia at ALIS 2015, hotel revPAR growth peaks in the middle of the cycle, not at the end, which indicates that we may be heading for another recession in the next 2 years.

LOS ANGELES—An investor secures $29.7 million in funding to renovate and upgrade three medical office properties in Los Angeles, San Diego and Texas.

SANTA MONICA, CA—An investor buys the Ocean Park Plaza, a 100,983-square-foot low-rise office building from Broadreach Capital Partners, which recently completed $3 million in upgrades on the property.

LOS ANGELES—Mark Gilbreath, the founder of a new on-demand office-leasing app called LiquidSpace, predicts that all office leasing will move online in the next five years at the ALIS 2015 Summit.

LOS ANGELES—The Los Angeles CCIM chapter gets a new board of directors for 2015, led by NAI Capital's Kevin Kawaoka—who talks to GlobeSt.com about the new recruits.

LOS ANGELES—The Chinese investor names Warnick + Co. as the asset manager for its two recently acquired Marriott Hotel properties in Torrance and Los Angeles, GlobeSt.com reports in this <b>UPDATE</b>.

LOS ANGELES—A joint venture between Embarcadero Capital Partners and Westbrook is the latest investor to flock to El Segundo to capitalize on the growing creative office market.

LOS ANGELES—The public industrial REIT buys two nearly fully leased buildings totaling 213,581 square feet for a combined $30.6 million.