California
Riverside Apartments Near Employment Hubs Change Hands
Institutional Property Advisors (IPA), a division of Marcus & Millichap, closed the sale of LuxLiv Apartments, a 62-unit apartment property in Riverside.… Read more
NYC’s Appeal as Tech Hub on the Rise: CushWake
Given the current dynamics of early-stage venture capital and private equity funding, New York City presents a compelling opportunity for… Read more
Paramount Group Explores Sale of Debt on San Francisco’s Market Center
Paramount Group and its lenders are exploring a potential sale of the debt on Market Center ahead of the impending… Read more
NewMark Merrill Targets Under-Invested Communities with New Venture
NewMark Merrill Companies, Inc., a Calabasas-based retail shopping center owner and development company, launched NewMark Merrill Hadler Community Partners, a new venture focused on the… Read more
Alavern Trades Vernon Industrial Site to Confidential Buyer
CBRE finalized the sale of a 7.05-acre industrial redevelopment site at 1925 and 1936 E. Vernon Ave. in Vernon. The property, which currently… Read more
Port of Oakland Issues RFQ for Howard Property Redevelopment
The Port of Oakland has issued a Request for Qualifications (RFQ) seeking a developer for its 50-acre Howard Property. Located along… Read more
Alterra Investing $300M in W. USA Ski Areas
Denver-based Alterra Mountain Company is spending $300 million to upgrade a number of its western US ski areas. Alterra will… Read more
Flight to Quality Brings Tenants to New Culver City Offices
Lincoln Property Company has secured three leasing agreements totaling 140,000 square feet at Entrada, a new Class A office development… Read more
Philo TV Opts for 1 Willoughby Square for First NYC Outpost
JEMB Realty has signed an 8,100-square-foot lease with San Francisco-based Philo TV at 1 Willoughby Square, Brooklyn’s tallest office building. This represents Philo TV’s… Read more
Village of Rienda Lines Up Builders for Next Phase
Rancho Mission Viejo officials said Trumark Homes and Shea Homes will build 175 homes in three new neighborhoods for the next phase… Read more
Rexford Leases Up Repositioned Ontario Industrial
Rexford Industrial Realty completed lease-up of 500 Dupont Ave., located in Ontario in the Inland Empire – West submarket. The newly repositioned 274,885-square-foot building… Read more
CA Assembly Enacts Bill to Impose Rules for New Warehouse Development
The California Assembly has passed a bill that would create buffer zones and impose other design and build standards around… Read more
Green Street: CRE Pricing Increases in August
Continuing a reversal of a year-long trend toward price declines, the Green Street Commercial Property Price Index increased 1.6% in… Read more
Sequoia Acquires Englewood Apartments for $450K/Unit
Sequoia Equities recently acquired The Kent Place Residences in Englewood, Colorado for $135 million, or $450,000 a unit. The 300-unit… Read more
MMCC Arranges Refi on Glendale Multifamily
Marcus & Millichap Capital Corporation (MMCC) arranged $5.2 million for the refinancing of Palmer Villas, a multifamily property located at… Read more
Bixby CEO Aaron Hill Emphasizes Investment Management Across Risk Profiles
This year’s Connect Orange County in-person event gets going with our annual “View from the Top” panel of industry leaders… Read more
MCB, DRA Acquire Stater Bros.-Anchored Fontana Center
MCB Real Estate, based in Baltimore with nationwide holdings, completed the $64.7-million purchase of the Falcon Ridge Town Center in Fontana. The… Read more
JV Acquires “Back to the Future” Mall as Redevelopment Opportunity
A joint venture between RCB Equities and Real Estate Development Associates, LLC (REDA) has acquired the Puente Hills Mall in City of… Read more
TruAmerica Multifamily Secures New Equity in Vegas, Atlanta Properties
TruAmerica Multifamily, a national, institutionally focused multifamily investment firm based in Los Angeles, said Thursday it completed $146.7 million in asset… Read more