California
Colliers Arranges $33M Refi on Bayfair Mall Redevelopment
Colliers Mortgage California Structured Finance Group secured a $33,000,000 bridge loan on behalf of B3 & Gaw to refinance the old Bayfair… Read more
$20B Bond Measure for Bay Area Affordable Housing Pulled from November Ballot
The Bay Area Housing Finance Authority (BAHFA) on Wednesday voted to pull a $20-billion bond measure that would have appeared… Read more
Zillow: One Third of U.S. Apartment Listings Offer Concessions
Amid cooling growth in apartment rents, more property managers are offering concessions to new tenants, Zillow reported. Nationwide, 33.2% of… Read more
Carson Power Center Lands $13M Bridge Loan
Gantry secured a $12.8-million bridge loan to retire existing financing and fund a strategic leasing and improvement program at the… Read more
CBRE’s Dan Blackwell Closes Garden Grove Sale for Repeat Client
CBRE arranged the sale of an eight-unit multifamily property located at 10651 Tibbs Cir. in Garden Grove to a private investor for… Read more
Mixed-Use Owned by San Francisco Tech CEO Comes to Market
Colliers has listed what the firm describes as an architecturally unique mixed-use building situated in the Duboce Triangle neighborhood of… Read more
JRK Acquires 288-Unit Apartments in Bolingbrook
JRK Property Holdings has acquired Brook on Janes Apartments, a 288-unit Class-A multifamily community in the Chicago suburb of Bolingbrook,… Read more
Tokyo Central to Open at CenterCal’s Redesigned Bay Street Emeryville in 2025
CenterCal Properties said Tuesday that Tokyo Central, a popular Japan-based grocer and retailer, is coming to the newly redeveloped Bay… Read more
FiDi Office Tower Poised to House 800 Apartments
San Francisco-based asset manager TPG and New York City-based developer GFP Real Estate plan to convert 222 Broadway in Lower… Read more
Nominate a Woman in Real Estate for Our Eighth Annual Awards
With a little more than a week to go before the deadline for submitting nominations to Connect CRE’s 2024 Women… Read more
Reliable Properties Acquires Grocery/Drug-Anchored Center in Los Feliz
JLL Capital Markets arranged the sale of Barnsdall Square, a grocery/drug anchored retail center in Los Angeles’ Los Feliz neighborhood. The transaction includes the… Read more
CapRock’s Bob O’Neill on the Building Block Foundation Fund’s White Party Fundraiser
The annual Building Block Foundation Fund (BBFF) White Party is scheduled for Wednesday, August 21 at Newport Dunes in Newport Beach.… Read more
Olivehurst Seniors Property Sells After Zero Days on Market
Marcus & Millichap finalized the sale of Olivetree Senior Citizen Apartments, a 44-unit seniors housing property located in Olivehurst. The asset… Read more
Lending Veterans Launch Arcus Harbor Real Estate Capital, Team Up with Lument
Commercial real estate finance veterans Kristen Croxton, Greg Reed, Andrew Kwok and Tina Quirin have launched Arcus Harbor Real Estate… Read more
Berkadia Webinar: Why the Macroeconomic Outlook is Crucial for CRE
In a recent webinar titled Beyond Insights 2024 Mid-Year U.S. Economic Update, Berkadia, a leading commercial real estate (CRE) company,… Read more
Northmarq Arranges Refi on Granada Hills Low-Rise
Juda Penini, VP of Northmarq’s Los Angeles Debt + Equity team, secured the $13.5-million refinance of Moderno La Granada, a… Read more
Cypress West, TPG Angelo Gordon Close MOB Portfolio Financing
A joint venture of Cypress West Partners and TPG Angelo Gordon closed a medical office building portfolio financing and future acquisition credit… Read more
Hesperia Self-Storage Facility Sells to NYC Buyer
JLL Capital Markets completed the sale of Bear Valley RV Park and Self Storage, a 726-unit self-storage facility in the Inland Empire… Read more
Monrovia Apartments Trade at $535K Per Unit
Institutional Property Advisors (IPA), a division of Marcus & Millichap, finalized the sale of Paragon at Old Town, a 163-unit multifamily asset… Read more