Covina Apartments Trade on In-Place Cash Flow, Rental Upside California + Los Angeles + Apartments | May 29, 2026 PCCP, Alliance Residential Snap Up Garden-Style Riverside Complex California + Inland Empire + Apartments | May 29, 2026 Sterling Bay Partnership Secures $290M Financing for Sorrento Mesa’s Pacific Center California + San Diego + Healthcare | May 29, 2026 FEATURED STORY California CRE News In Your Inbox. Sign up for Connect emails to stay informed with CRE stories that are 150 words or less. More California Stories More Stories Companies achieve great success when aligned around a common goal and brand story. The experts integrated into our team at Connect Creative span every marketing and communications discipline and channel, encompassing skilled graphic designers, public relations leaders, copy writers, content producers, digital wizards, and website developers. A collaborative approach brings out your company’s stories that are shaped and crafted with the perfect visual, the right words and in the most dynamic way. Connect with Creative Latest Bay Area Stories Slatt Capital Arranges Acquisition Financing for Rohnert Park Hospitality Assets California + Bay Area + Hospitality | May 27, 2026 Slatt Capital arranged $12,060,000 in acquisition financing for a two-property, 200-unit hospitality portfolio in Rohnert Park. The portfolio includes the Budget Inn and the Rodeway Inn, both established hospitality assets built in 1984. The full-recourse permanent debt financing was provided by Commercial Bank of California. Assistant VP Daniel Yeghiazarian led the transaction. The financing was … Lone Star Partners with Harvest Properties to Recapitalize San Francisco’s 600 California California + Bay Area + Office | May 26, 2026 Harvest Properties and an affiliate of Lone Star Funds have formed a joint venture to recapitalize 600 California St., a 360,000-square-foot Class A office tower in San Francisco’s Financial District. Lone Star finalized the JV with San Francisco-based Harvest immediately after acquiring the property through a foreclosure process following its purchase of the underlying debt. Under the terms … Latest Inland Empire Stories PCCP, Alliance Residential Snap Up Garden-Style Riverside Complex California + Inland Empire + Apartments | May 29, 2026 A joint venture between PCCP and Alliance Residential Company completed the $65.3-million acquisition of The Hawthorne, a 184-unit multifamily community located at 9170 Indiana Ave. in Riverside. The seller was not disclosed. Delivered in 2023, The Hawthorne is a garden-style multifamily community consisting of 16 three- and two-story buildings and one single-story amenity building. The property … Walmart Pays $223M for Riverside Cold-Storage Facility California + Inland Empire + Industrial | May 28, 2026 Walmart Realty, a subsidiary of Walmart, has acquired a 507,000-square-foot cold storage facility located at 1001 Columbia Ave. in Riverside, for $223 million. Walmart has been leasing the facility since 2010 and will continue to operate it for temperature-controlled distribution. JLL’s Scott Coyle, Peter McWilliams and Tim O’Rourke represented Walmart in the acquisition. Jomar Benoit, Walmart senior manager of industrial real estate, was also … Connect Conferences: Panel Recap VideosWhether you couldn't make it or just want to revisit the insights, video recordings of all Connect Conferences panel sessions are now available to purchase and view. Hear directly from the industry's top leaders as they discuss trends, challenges, and opportunities shaping the future. Download the videos now!Connect Industrial Midwest 2026$59Learn MoreConnect Retail West 2025$59Learn MoreConnect New York Apartments Investment & Finance 2025$59Learn MoreView All Events Latest Los Angeles Stories Covina Apartments Trade on In-Place Cash Flow, Rental Upside California + Los Angeles + Apartments | May 29, 2026 Marcus & Millichap has closed the sale of Vincent Village, a 40-unit apartment property located at 4810 N. Vincent Ave. in Covina. The property sold for $8.2 million, or $205,000 per unit, at a 5.9% cap rate with approximately 29% rental upside.. “The property was located in unincorporated Los Angeles County where annual rent increases … Logos Faith, St. Rest Break Ground on 138-Unit Affordable Housing California + Los Angeles + Apartments | May 28, 2026 Logos Faith Development, a Los Angeles–based for-profit impact developer, in partnership with St Rest Friendship Baptist Church, broke ground on Phase One of a 138-unit affordable housing community at 709 W. Manchester Ave. in Los Angeles, marking a major milestone in the organization’s 2026 development pipeline. St. Rest Phase One will deliver 62 new apartment homes serving low- … Latest Orange County Stories PEF Advisors, Freestone Capital Form JV to Recapitalize Affordable Properties California + Orange County + Apartments | May 27, 2026 Preservation Equity Fund Advisors, an affiliate of the WNC family of companies, has formed a joint venture with Freestone Capital, a Seattle-based wealth advisory and asset management firm. The JV focuses on the long-term ownership and preservation of affordable housing communities. The JV includes four multifamily assets acquired through WNC California Preservation Equity Fund, L.P., … Talonvest Secures Refi for Five-Property Self-Storage Portfolio California + Orange County + Finance | May 19, 2026 Talonvest Capital, Inc. arranged a $40.2-million refinance loan for a five-property self-storage portfolio on behalf of longstanding client William Warren Group, a privately held self-storage investment and management firm. The five-year, non-recourse permanent financing featured full-term interest-only payments. During the rate lock process, as broader credit markets widened, Talonvest actively negotiated the lender down by 11 basis points, … Latest San Diego Stories Carlsbad Lifestyle Center Fetches $91M in Sale to 11North California + San Diego + Retail | May 29, 2026 JLL Capital Markets arranged the $91.3-million sale of The Beacon, a premier, 122,167-square-foot neighborhood lifestyle retail destination in Carlsbad. Senior managing directors Geoff Tranchina and Gleb Lvovich and managing director Daniel Tyner worked on behalf of the seller, Asana Partners. The buyer was 11North Partners. The Beacon is located at 7720-7790 El Camino Real in Carlsbad, just … Sterling Bay Partnership Secures $290M Financing for Sorrento Mesa’s Pacific Center California + San Diego + Healthcare | May 29, 2026 Newmark and Sterling Bay have finalized the $290-million refinancing of Pacific Center, a newly built, Class A life sciences campus in San Diego’s Sorrento Mesa. The refii includes $162.5 million of future funding, providing substantial leasing and carry reserves to support continued occupancy growth, according to Newmark. Newmark co-president of Global Debt & Structured Finance … Latest Stories FromInsurance Investment Outsourcing Hits New Scale: Clearwater AnalyticsPrivate Equity | May 29, 2026The insurance industry is undergoing a substantial transformation, as total assets in outsourced insurance have reached $5.5 trillion, up about $1 trillion year over year, a new survey revealed. That figure represents a 23% increase from last year and a 65% expansion since 2021, according to a newly released survey from Clearwater Analytics with DCS Financial Consulting. As private market exposure continues to grow across the insurance sector, companies are increasingly shifting from internally managed institutions to asset managers and alternative investments. ...San Francisco Pension Adds $110M Real Assets Lending, VCAlternative Assets | May 29, 2026The City and County of San Francisco Employees’ Retirement System has deployed $110 million in new private markets commitments, adding Asia-focused real assets lending and Bay Area venture capital to a portfolio that spans $3.3 billion in private credit and a $10.6 billion private equity program, according to the $40 billion pension’s latest meeting disclosures. ...Bow River Capital Takes Strategic Stake in Go-To-Market Advisory Firm SBIDirect Investment | May 29, 2026SBI has secured a strategic investment from Denver-based private alternative asset manager Bow River Capital, marking the start of a new growth phase centered on talent, technology, and its proprietary growth intelligence platform, SBI Wayforge. The go-to-market advisory firm, known for helping B2B companies align strategy with execution, plans to use the capital to scale ...Partners Group Launches Lower-Leverage PE Total Return StrategyAlternative Assets | May 29, 2026Partners Group has introduced a new private equity offering designed to bridge the gap between income generation and long-term capital appreciation, launching its Total Return Strategy with a focus on lower leverage, high-quality businesses and durable cash flows. The strategy will target companies globally across foundational sectors including industrial manufacturing, distribution, transportation and logistics, healthcare, ...
