Array EverWest Snaps Up Carson Industrial with IOS Potential California + Los Angeles + Industrial | May 26, 2023 JLL Lines Up Construction Loan for AC Hotel by Marriott California + Los Angeles + Finance | May 26, 2023 Newsom Unveils Roadmap Toward Goal of 100% Clean Energy by 2045 California + Industrial | May 26, 2023 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 CRE debt maturities: How much trouble are we really in? A 4-part deep dive into debt maturities and their impact on CRE Anticipating the Debt Maturity Onslaught Read Article Debt Maturity: What's Actually in Trouble? Read Article Solutions to Debt Maturities: What Are They? Read Article CRE Debt Maturities and Investor Preparation Read Article Hone your competitive edge today with Connect Classroom, an accredited online Continuing Education provider offering CRE focused courses you can take on demand. Earn the credit you need with engaging, thoughtfully designed courses for commercial real estate brokers, appraisers, lenders, architects, and lawyers from a news source you already know and trust. Courses available now Explore courses Continuing Education Architect Courses We work with the industry's leading subject matter experts to create quality architect CEU courses from the ground up. Continuing Education Attorney Courses We provide quality CLE that is both easy and convenient to complete, backed with the best customer experience possible. Continuing Education Broker Courses Whether you’re starting a new career or skilling up, we have certified online courses for Real Estate Agents and Brokers. Connect CRE & Industry Events Load MoreMore Events 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 EAH Housing Launches Two-Phase Seniors Project in Richmond California + Bay Area + Chicago & Midwest + Senior Housing | May 26, 2023 Nonprofit housing development and management organization EAH Housing has launched work on a two-phase affordable housing project, Nevin Plaza. Located at 2400 Nevin Ave. in Richmond, the former public housing property will cater to seniors and people with disabilities. Phase I of the project set to be completed in late 2024, will focus on rehabilitating … Jonathan Rose Launches First San Francisco Project California + Bay Area + Apartments | May 25, 2023 Jonathan Rose Companies announced the closing and start of construction of Hunters Point Shipyard Blocks 52 & 54, a 112-unit affordable multifamily housing project located in San Francisco’s Hunters Point Shipyard neighborhood. The development is Rose’s first in San Francisco and marks an expansion of Rose’s West Coast operations, following its real estate closing of … Latest Inland Empire Stories Dave & Buster’s Signs Lease for Coachella Valley Location California + Inland Empire + Retail | May 24, 2023 Dave & Buster’s has signed a 22,982-square-foot lease at The River at Rancho Mirage, a retail shopping center in Rancho Mirage, and will open the location in the third quarter of 2023. CBRE’s Marco Rossetti and Walter Pagel represent the landlord, CL Investment Group. CBRE’s Scott Riddles, Derek Fitch and Rob Crumly represented Dave & Busters. Located at 71800 Hwy. 11 at the intersection of … GID Acquires Multi-Tenant Redlands Industrial California + Inland Empire + Industrial | May 23, 2023 GID, a real estate owner and fiduciary that invests in multiple asset classes, has acquired 401 Alabama St., a Class A, multi-tenant industrial warehouse located in the Inland Empire community of Redlands. The seller and acquisition price weren’t disclosed. The 95,500-square-foot building is situated with access to Southern California’s dense population centers, including Los Angeles, … Connect TeamPaul BubnySenior Content DirectorSarah QuinnVice PresidentHoward BreitroseVice President, Connect Creative & CommunicationsView AllOur ValuesWe understand that we have different backgrounds, ethnicities, experiences, and geographies, and these differences are what make us unique and bring a variety of perspectives that will shine through.Minority SplitGender SplitLearn More Latest Los Angeles Stories EverWest Snaps Up Carson Industrial with IOS Potential California + Los Angeles + Industrial | May 26, 2023 EverWest Real Estate Investors has completed its second industrial acquisition in less than a month, purchasing a 101,175-square-foot warehouse at 2848 E. 208th Str. in Carson. Deal terms were not disclosed. The property is situated immediately off Interstate 710/Long Beach Freeway and Interstate 405, just north of the Ports of Long Beach/Los Angeles. “This transaction underscores EverWest’s … JLL Lines Up Construction Loan for AC Hotel by Marriott California + Los Angeles + Finance | May 26, 2023 JLL Capital Markets recently arranged $36.8 million in construction financing for 550-566 E Colorado Blvd., a 194-key, six-story hotel development in the Playhouse District of Pasadena. A JLL team of senior managing director Marc Schillinger and senior director Matt Stewart. represented the developer, Welcome Group Inc., to secure the three-year loan with two one-year extension … Latest Orange County Stories Restaurant365 Agrees to $135M Funding Round California + Orange County + Hospitality | May 23, 2023 Restaurant365, a restaurant enterprise management software company, has agreed to a $135-million funding round co-led by global investment firms KKR and L Catterton with participation from current investors, including ICONIQ Growth and Bessemer Venture Partners. “Anytime we receive funding, we recognize it as a privilege,” said Tony Smith, CEO of Irvine, CA-based Restaurant365. “However, the … Terran Orbital, W. P. Carey Break Ground on Irvine Satellite Facility California + Orange County + Industrial | May 19, 2023 Terran Orbital Corporation, a global leader in satellite-based solutions primarily serving the aerospace and defense industries, and net lease REIT W. P. Carey broke ground Friday on a 94,000-square-foot satellite manufacturing facility located at 4 Goodyear in Irvine. In partnership with Terran Orbital, W. P. Carey will redevelop one of its outdated office properties into a new, Class A … Latest San Diego Stories MMCC Arranges Refi on Vista Townhome Complex California + San Diego + Finance | May 26, 2023 Marcus & Millichap Capital Corporation (MMCC) arranged a $15.043-million loan to refinance Santa Fe Townhomes, a 45-unit multifamily property located at 1470 S Santa Fe Avenue in Vista. Chad O’Connor, executive managing director, capital markets, based in MMCC’s San Diego office, secured the financing. “The location of this newly constructed apartment complex in the heart … California Apartment Assn. Slates Rental Round-Up Events for San Diego, Sacramento California + San Diego + Apartments | May 25, 2023 The California Apartment Association has scheduled two upcoming Rental Housing Round-Up events in San Diego and Sacramento. These in-person gatherings aim to provide rental property owners and managers with key updates on the state of the rental housing market and discuss various challenges facing the industry. The first event, the “CAA San Diego Rental Housing … Latest Stories FromWeekly People and Company News Latest News | May 26, 2023BroadLight Capital Raises $225M for Debut Growth FundAlternative Assets | May 26, 2023BroadLight Capital, a Los Angeles-based private equity firm launched by entertainment industry veterans Kevin Yorn and Rick Yorn and investment banker David Dorfman, raised $225 million for its debut growth fund targeting growth stage consumer and tech companies. The Yorn brothers’ entertainment advisory firms, LBI Entertainment and Yorn Levine, represent major names in film, television, ...Renewable Energy Startup Accelergen Exits Stealth with $30MAlternative Assets | May 26, 2023Greenfield energy developer Accelergen Energy has raised $30 million from Newlight Partners-backed Leyline Renewable Capital to develop solar and storage projects. Headquartered in Austin, Texas, Accelergen’s business includes site identification, land acquisition, and designing and building, among others. According to the company’s website, it has integrated more than 3GW of projects that are operating on ...LRVHealth Raises $200M to Provide “Care Everywhere”Alternative Assets | May 26, 2023Venture capital firm LRVHealth launched its fifth fund at $200 million focused on healthcare startups that provide “care anywhere.” The Boston-based firm said it will concentrate investments on companies that deliver care where, when and how patients want it, using technologies such as artificial intelligence, machine learning, sensors, optics and robotics. Health systems such as ...
