L.A. City Council approved $466.6 million in affordable housing funding on Tuesday. It'll go toward developers, nonprofits and land trusts developing housing projects.

A large-scale housing development has been approved on the former site of a state hospital campus in Costa Mesa.

Broadcom paid its former landlord, PRP Real Assets, $325 million for the 660,000-square-foot research campus in one of the largest office sales in Southern California in recent years.

Taco Bell and Habit Burger & Grill will move their joint headquarters to a larger campus in Irvine after spending more than 15 years near the Irvine Spectrum Center.