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Westwood Financial Corp., (WFC) one of the largest privately held owner-operators of grocery-anchored retail properties in the United States, has hired Jeanne Lazar as chief financial officer. Lazar joins the team at WFC with more than 20 years of diverse commercial real estate finance experience.

Genton Property Group (GPG) has selected Webcor Builders to begin construction on the exclusive Four Seasons Private Residences-Los Angeles, which will include 58 luxury condos and a top-floor penthouse that are expected to be the most exclusive, highest priced condos ever to enter the LA market.

Global real estate investment and services firm Kennedy Wilson has negotiated a 10-year retail lease for Yellow Fever, an Asian inspired fast casual restaurant serving healthy customizable bowls, at the Plaza Marina shopping center in Venice, California. Located at 2570 Lincoln Blvd., the 1,500-square-foot location marks the restaurant’s second location and official entry into the Los Angeles market.

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Eric Vu negotiated the sale of Hammer Plaza, a 20,388-square-foot multi-tenant shopping center, for $1.4 million, well above the asking price. Hammer Plaza was 55 percent vacant at the time of the sale.

C.W. Driver, a premier builder serving the Western U.S. since 1919, has completed construction on the renovation and modernization of the East Tower Nursing Unit at Sharp Grossmont Hospital, located just east of San Diego in La Mesa, California. The $26 million project delivers facility upgrades local taxpayers approved on the June 2006 voter ballot. Construction on the 71,000-square-foot project began in May 2012 and completed in October 2015.

In a move that further revolutionizes its online real estate selling experience, Auction.com, LLC, the nation’s leading online real estate marketplace, today announces the launch of its Commercial Real Estate Seller Dashboard, a new tool created specifically to provide added intelligence and simplify the user experience for Auction.com customers.

The University of Southern California Sol Price School of Public Policy has launched a new Bachelor of Science in Real Estate Development degree, offering students the most comprehensive undergraduate real estate curriculum in the country

Meridian, a full service real estate developer and owner of medical real estate, is pleased to announce that the firm’s 69,000-square-foot medical office building located at 5900 State Farm Drive in Rohnert Park, Calif. has received the prestigious 2015 HREI Insights Award in the category of “Best Renovated or Repurposed Healthcare Facility.”

A Spanish-inspired live/work space has officially arrived with the announcement of “El Jardin,” a new building located in the historic Presidio neighborhood in downtown Santa Barbara. The four-story development at 819 Garden Street, which is co-listed by Sotheby’s International Realty and Hayes Commercial Group, is designed for the business owner or CEO seeking a professional office space and a private home all in one place

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm represented the buyer and seller in the sale of a single-tenant Bank of America corporate ground lease in Palm Desert, Calif. The purchase price was $2,425,000

Meridian, a full service real estate developer and owner of medical real estate, is pleased to announce that it has closed escrow on the sale of its 8,700-square-foot dialysis clinic in Fairfield, Calif. The purchase price was $5.15 million, representing a cap rate of 5.5%.

Planet Home Living meets the demand of distinguished home-buyers looking for what is often impossible to find: a sleek, modern new home in an established, amenity-rich area. Designed by national award-winning firm KTGY Architecture + Planning, PRISM will offer fifteen single-family detached, new homes in Eagle Rock, just north of downtown Los Angeles.

Hemet Plaza is centrally located on 4.55 acres at 1911-2095 Florida Avenue in Hemet, at the hard-corner signalized intersection of Florida Avenue (Highway 74, the main east-west thoroughfare in Hemet) and Yale Street (34,000 cars per day). In addition to anchors Big Lots (NAP) and True Value, Hemet Plaza includes other national tenants such as Farmers Insurance, Jackson Hewitt Tax Services, Rent-A-Center, Metro PCS, and US Postal Service.

Dekel Capital, a Los Angeles-based real estate merchant bank that specializes in sourcing and placing equity and debt for active middle market commercial real estate developers and investors, has placed $50 million in financing for the construction and development of the Pinnacle Sandy Apartments in the southeast corridor of the Salt Lake City metropolitan area. The deal was structured as a $36.1 million construction loan through Dekel Capital’s advisory practice and $13.9 million JV-Equity funded by the firm’s proprietary equity fund, Dekel Strategic Investors (DSI)

St. Anton Communities announces the beginning of construction activity on a major Downtown Campbell housing community, an $88 million project involving 14 separate parcels of land assembled through a multi-year effort.

Meridian’s 69,000-square-foot two-story medical office building in Rohnert Park, Calif. was selected in the category of Best Renovated or Repurposed Healthcare Facility. When Meridian first acquired the building, the ground floor was occupied by Kaiser Permanente, while the second floor, which was previously occupied by an office tenant, had been vacant for over a year. The city of Rohnert Park at that time had only 1.29 doctors per 1,000 residents, well below the national average, according to Pollock. In eight months and at a cost of over $6 million dollars in tenant improvements, Meridian was able to help satisfy this shortage by converting the entire second floor to a fully-operational medical office building, while not interfering with the operations of the downstairs tenant Kaiser Permanente.

Released monthly with rolling three-month data, the Sotheby’s International Realty Greater Los Angeles Market Report is a comprehensive analysis of real estate market activity in the area across the top 33 markets to keep audiences up-to-date on trends at the macro and micro level for single-family homes and condominiums

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Eric Vu and Jeff Hauber completed the sale of a 2,900-square-foot retail building in Orange County for $1.2 million, representing a cap rate of 4.17%

Global real estate investment and services firm Kennedy Wilson today announced its representation of the seller in the sale of a 1.2-acre school campus, located at 1200 N. Cahuenga Blvd. in Los Angeles. The buyer was Stratford School, an 18-campus, WASC-accredited private school based in Silicon Valley. Stratford School offers classes for students from preschool through middle school, and plans to open the Los Angeles area location in August 2016.

Energy consumption by commercial properties in San Francisco has declined significantly since 2011 after the implementation of San Francisco’s Existing Commercial Buildings Energy Performance Ordinance, according to a new report released today from the Urban Land Institute Greenprint Center for Building Performance (Greenprint).