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Angelo Gordon, Lincoln Property Co. Acquire 4 Assets

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PCCP, LLC provided a $128 million senior loan to a joint venture of Angelo Gordon and Lincoln Property Company for the acquisition and leasing of a portfolio of four office assets totaling 540,000 square feet in Newport Beach and Irvine.

The portfolio includes the 181,000-square-foot Redstone Plaza, the 83,000-square-foot 1201 Dove in Newport Beach, the 163,000-square-foot Inwood Park (pictured), and the 112,000-square-foot Newport Summit in Irvine.

The portfolio is well-occupied by tenants in a range of industries including finance, marketing, tech, food and beverage, legal, healthcare, and real estate. The joint venture’s plan is to execute a capital improvement plan to capitalize on strong rent growth and leasing in the submarket and lease any remaining vacancy.

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Connect With Angelo GordonConnect With Lincoln Property CompanyConnect With PCCP, LLC

About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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