LOS ANGELES—Hello and Co. sells a 19,750-square-foot creative office building to the performing arts college in an extremely competitive transaction, GlobeSt.com reports in this <b>EXCLUSIVE</b> story.

LOS ANGELES—After seven years with the company, Spencer Levy is promoted to Americas head of research from executive managing director in the firm's capital markets group.

LONG BEACH, CA—Ramona Park Senior Apartments, the 61-unit affordable senior housing community, uses $6.9 million in low-income housing tax credits to fund the development.

MARINA DEL REY, CA—California Landmark Group launches the construction of R3 Lofts, a $30-million mixed-use project with 67 apartment units and 7,525 square feet of creative office space.

LOS ANGELES—Raintree Partners secures the funds to refinance its class-A apartment portfolio, which consists of three multifamily properties in Burbank, Sherman Oaks and Studio City.

EL SEGUNDO, CA—Formerly known as Pacific Corporate Towers, the office property is now rebranded as PCT, a LEED Gold-certified creative office building after nearly a year-long renovation.

PLAYA VISTA, CA—The Ratkovich Co., Invesco Real Estate and Penwood Real Estate Investment Management join together to renovate the historic hangar and the West Campus.

LOS ANGELES—Two new-construction developments in Sherman Oaks and West Hollywood secure debt and equity financing to fund the projects, which have a total cost of $70 million.