SACRAMENTO-With a $33 million construction loan, Westlake Villas Apartments is ready for development. The luxury apartment complex will consist of 285 units in 30 buildings.

SAN FRANCISCO-According to one participant, a recent gathering of TCN Worldwide Real Estate affiliates revealed that despite a general flatness in the commercial real estate market the industrial and retail sectors of commercial real estate have remained strong.

SACRAMENTO-While the Sacramento Housing and Redevelopment Agency proposes a redevelopment plan that it believes will improve the Fulton Avenue area, residents do not want the aging commercial area to be labeled as "blighted.

SAN FRANCISCO-According to one participant, a recent gathering of TCN Worldwide Real Estate affiliates revealed that despite a general flatness in the commercial real estate market the industrial and retail sectors of commercial real estate have remained strong.

ROCKLIN-A 67-room boutique hotel in the Sierra Foothills has been sold for $6.2 million. The purchase represents the Presidio Hotel Group's entry into to the boutique luxury hotel market.

REDWOOD CITY, CA-In a doubling of its local animation division, Steven Spielberg's Dreamworks SKG signs a 10-years lease with the Jay Paul Co. to occupy one of the ten buildings at Pacific Shores Center in Redwood City.

REDWOOD CITY, CA-San Mateo County supervisors are encouraging new affordable housing developers and have recently awarded nearly $2.5 million in federal grants to new projects.

SAN FRANCISCO-The Musee Mecanique, a landmark in San Francisco for decades, is being left out of federal officials' plans to replace its home, the Cliff House, with a seismically safer building.