Los Angeles

Several thousand units are scheduled to come to market this year, but Hankey Investment Co. of CIRCA isn't worried about absorption.

Here's a look at this week's trends, announcements and deals that you may have missed in Southern California, Utah, Arizona and Nevada.

In the first deal, recently formed LBX Investments of Los Angeles has purchased Alfaya Commons, a 130,811-square-foot shopping center at 11792-11970 East Colonial Drive from Regency Centers in a deal valued at $19.8 million.

The DCBID is working with local owners and retailers to bring more pop-up experiences to the market.

Restaurants and food and beverage is not only driving retail leasing, but real estate owners in every asset class are creating curated food experiences to drive value.

Alan Pullman of Studio One Eleven is working with Southern California with Metro and the Department of Transportation to create a mobility hub at the Bloc in DTLA, and it could be the key to increasing density.

Multifamily occupancy rates climbed above 90% in the first quarter and rental rates bump more than 2%.

Apartment owners are letting the perfect tenant slip away by making simple communication errors that can be easily solved with technology.