Los Angeles

LOS ANGELES-The $14-million agreement will keep the maker of IP performance test systems at the Corporate Center at Malibu Canyon in Calabasas through May 2013.

PANORAMA CITY, CA-In its new life, the former auto plant site will be a warehouse and showroom for Living Space Furniture and will have green-friendly touches.

LOS ANGELES-Coupling $40 million of equity with $120 million in debt, the duo will acquire and develop select-service hotels in the Western and Southwestern US.

LOS ANGELES-Sumitomo Life Realty Inc. of New York sells the office tower on Wilshire Boulevard in the heart of Westwood to a private Los Angeles investment group.

SANTA MONICA, CA-Nancy Newman comes to Dreier Stein & Kahan LLP at an integral time, as the firm plans its merger with Browne Woods & George LLP.

LOS ANGELES-The buyer acquires a 33-unit portfolio in the San Fernando Valley and Koreatown, an increasingly popular multifamily district for investors.

CARSON, CA-Harvard Grand Investment Inc. of Los Angeles buys the Doubletree Carson Civic Plaza Hotel in a transaction brokered by PKF Capital.

BEVERLY HILLS, CA-Kennedy Wilson refinances 17 of its multifamily properties in Japan with a loan that fixes the rate and lengthens the term.