California
Garden-Style Apartments Go for $78M in North County San Diego
CBRE facilitated the $77.5-million sale of Sunterra, a 240-unit multifamily community located at 3851 Sherbourne Dr. in Oceanside. The firm’s Rachel Parsons, Derrek Ostrzyzek, Mike Murphy and… Read more
Slatt Capital Arranges Life Company Loan for Rohnert Park Offices
Slatt Capital arranged a $12,000,000 non-recourse acquisition loan for a 68,094-square-foot multi-tenant office building located at 5900 State Farm Dr.… Read more
Milhaus Merges with SRG Residential, Will Acquire Broadshore Capital
Indianapolis-based Milhaus has completed a merger with one Southern California-based multifamily company and has agreed to acquire another. The merger… Read more
Alterra IOS Secures $400M Refinancing From Truist, KeyBank
Alterra IOS announced the closing of a $400 million refinancing led by Truist Financial Corp. and KeyBank, supporting the continued… Read more
WareSpace Expands Suburban Chicago Footprint with Second Downers Grove Location
WareSpace, an operator of micro-bay warehouse space, has acquired 1400 Centre Circle in Downers Grove, Illinois, a 71,689-square-foot industrial property.… Read more
Silver Lake Development Parcel Increases Density Through Re-Entitlement
Northmarq’s Los Angeles Investment Sales team of Mike Hanassab, Steven Goldstein and Elliot Hassan arranged the $5.25-million sale of Hyperion Residences, a three-parcel development site located at… Read more
Rubicon Point Acquires Three-Building Office Complex Near Apple Headquarters
Rubicon Point Partners (RPP) has acquired Wolfe Square, a Class A, 117,795-square-foot multi-tenant office and medical campus located adjacent to… Read more
Chicago Industrial Vacancy Reaches Lowest Level in Two Years
A recent report from Savills details how manufacturing investment, logistics expansion and limited new supply are tightening Chicago’s industrial fundamentals… Read more
Archer Aircraft Leases Entire Morgan Hill Campus from Trammell Crow Company
Air taxi manufacturer Archer Aviation Inc. has agreed to lease a 501,000-square-foot industrial complex in Morgan Hill ahead of launching its… Read more
Performing Arts School Doubles Instructional Space with Irvine Acquisition
EVP John Bosko of NAI Capital Commercial’s Investment Services Group represented Orange County Music & Dance (OCMD) in the acquisition of a 24,670-square-foot… Read more
Dwight Provides Largest Construction Loan in Company History for Gilroy Multifamily
Dwight Mortgage Trust, the affiliate REIT of Dwight Capital, has provided a $183-million construction loan for a 530-unit luxury multifamily community in Gilroy,… Read more
Airbnb Acquires Church Missions House in Gramercy for Reported $82M
Airbnb has finalized a deal to purchase 281 Park Ave South, the historic Church Missions House in Gramercy, for a reported… Read more
Caruso Sets Mid-August Reopening for Palisades Village
Caruso has set Saturday, August 15 for the grand reopening of Palisades Village, the Pacific Palisades shopping center that closed… Read more
AI Tenants’ Office Demand Surges 85% Year-Over-Year
Artificial intelligence companies’ demand for office space has increased 85% year-over-year, VTS reported. The firm’s first-ever report on the AI sector… Read more
The Sunbelt and Multifamily: Oversupply Isn’t the Whole Story
For the past two years, one word has dominated conversations about the Sunbelt apartment market: oversupply. The numbers behind the… Read more
Cap Pointe, Greystone Arrange $104M Muni Bond Financing for Section 8 Portfolio
Cap Pointe Advisors LLC, a Los Angeles–based boutique real estate investment banking and advisory firm, and Greystone announced Greystone Capital Advisors… Read more
Deal for Shuttered San Francisco Centre Collapses as Buyers Walk Away
The sale of the now-vacant San Francisco Centre has fallen through as developers Prado Group and Presidio Bay Ventures have… Read more
