Hoffman has hired land acquisition specialist David Capel and partner Cameron Fowler to manage residential land deals in Sacramento, the San Francisco Bay Area, the Central Valley and along the Central Coast.

Pearlridge Center, a 1.2 million-square-foot mall in Honolulu, Hawaii, is on the verge of coming under new ownership.

It’s tough to expand in a recovering market, but sometimes it makes sense. John Combs talks about what went into his decisionmaking in expanding RiverRock Real Estate Group Inc.

Grand Avenue in downtown Los Angeles, home to a bevy of internationally respected cultural venues, will soon become the site of a new contemporary art museum now that philanthropists Eli and Edythe Broad have obtained the final requisite approval for the development known as The Broad Collection.

Previously Volen held the position of associate vice president investments. He began his career with Marcus & Millichap in 2004 as an office and industrial property investment sales specialist.

Marina District Development Co., the Las Vegas-based 50/50 joint venture that owns the Borgata Hotel Casino and Spa in Atlantic City, N.J., has wrapped up debt financing totaling $950 million.

Emeritus Corp.’s portfolio has just gotten a lot bigger. In a joint venture with Blackstone Real Estate Advisors VI L.P. and Columbia Pacific Advisors, it closed the $1.2 billion acquisition of a 144-property seniors housing portfolio from Stayton SW Living L.L.C., which parted with the assets as part of its Chapter 11 plan of reorganization.

This latest acquisition combines the public housing technology expertise of VisualHOMES with Yardi’s browser-based Yardi Voyager PHA solution for subsidized housing.

Klug previously served as regional vice president of business deelopment at Western National Group and has also held executive marketing positions at SARES-Regis Group as well as Irvine Company Apartment Communities. At Western National, she oversaw the firm’s new fee management business development opportunities.

The project will be constructed in phases, with the first stage carrying a development price tag of $650 million. Phase I will consist of a 500-room hotel to be designed by architectural firm Gensler, with approximately 40,000 square feet of meeting space.