California
NMHC Applauds Creation of Bipartisan Congressional YIMBY Caucus
A bipartisan group of lawmakers in the U.S. House of Representatives has launched the Congressional Yes In My Back Yard… Read more
San Diego Water Authority Acquires Escondido Industrial
Cushman & Wakefield advised San Diego-based RPG in the forward sale of a newly completed 88,552-square-foot freestanding industrial building in Escondido.… Read more
Vaxcyte Signs Extension, Expansion at Alexandria Campus in San Carlos
Alexandria Real Estate Equities, Inc. executed a 10-year lease with Vaxcyte, Inc., a clinical-stage biopharmaceutical company, for a total of… Read more
AMCAL Scores $150M Bridge Loan for SJSU Student Housing
Gortikov Capital arranged a $150-million bridge loan secured by The Grad, a 260-unit, 1,002-bed Class A student housing tower serving San… Read more
JPI Begins Work on 343-Unit Haltom City Venture
JPI broke ground on Jefferson Drove, a new 343-unit, four-story garden-style community in Haltom City, Texas. The $100 million project… Read more
Yucaipa Retail Center Trades at a Premium
Marcus & Millichap arranged the sale of Center Point Plaza, a 28,924-square-foot retail property located at 33490-33492 Oak Glen Rd.… Read more
Belmont Village, Greystar Partner on Rancho Santa Fe Senior Living
Belmont Village Senior Living and Greystar Real Estate Partners have broken ground on Belmont Village Rancho Santa Fe. This marks… Read more
BWE Arranges $86M in Financings for SoCal Properties
BWE arranged a combined $86,200,000 in financing for seven commercial and multifamily properties in Orange, Riverside, and Los Angeles counties.… Read more
CalPERS Upsizes Nuveen Affordable Commitment to $500M
The California Public Employees Retirement System (CalPERS), California’s public sector pension and health benefits agency, is expanding its commitment to Nuveen… Read more
New Concept for Wally’s Wine & Spirits Slated for Century Plaza
The Marciano family will debut a new Wally’s Wine & Spirits concept next summer at Century Plaza, the Reuben Brothers’ six-acre… Read more
Berkadia Secures $47M Refi on Upland Apartments
Berkadia arranged the refinancing of Arbor Park Apartments, a 260-unit, garden-style multifamily property in Upland. Senior managing director Allan Freedman of… Read more
Bolour Affiliate Provides Acquisition Loan on Former Union Bank Building
Bolour Associates Inc.’s affiliate, BAI Fund Manager, recently provided a $16.5-million loan for the acquisition of 530 B St. in San… Read more
Belveron Partners Closes Its Largest Fund to Date
San Francisco-based Belveron Partners, a privately held real estate investment management firm focused on affordable housing, has closed its seventh fund,… Read more
Parcels Trade at Rancho Santa Margarita Center in Breakup Strategy
Faris Lee Investments closed the sale of Parcels 2 & 3 at Plaza Empresa in Rancho Santa Margarita for $19… Read more
Marcus & Millichap Closes Sale of Apartment and Retail Portfolio
Marcus & Millichap closed the sale of a nine-property portfolio of eight apartment buildings and a four-tenant retail center in… Read more
Northmarq Arranges $30M Senior Living Refi in Visalia
Northmarq’s Seattle Debt + Equity team led by managing director Stuart Oswald arranged the $29.5-million refinance of Quail Park at Shannon Ranch, a 120-unit… Read more
California Bank & Trust Relocates to DTLA’s Aon Center
California Bank & Trust is relocating its Los Angeles office to Carolwood LP’s AON Center. The bank is moving from… Read more