California
Ellison Acquires the Eau Palm Beach Resort & Spa
Oracle co-founder Larry Ellison has acquired the Eau Palm Beach Resort & Spa from the Lewis Trust Group. The 309-room… Read more
FPA Multifamily Buys Another Apartment Building in Chicago
California-based FPA Multifamily has purchased the 270-unit Vantage Oak Park, located at 150 Forest Avenue, according to Crain’s citing sources… Read more
Chicago/Midwest People & Company News, week of August 9, 2024
Kiser Group has promoted Will Mast to advisor. Mast began his tenure at Kiser as an associate, and in his… Read more
Culver City Creative Offices Land $21M Takeout Loan
Gantry secured a $21.4-million construction takeout loan for a two-building creative office project, located at 3520-3524 & 3512-3516 Schaefer St.… Read more
Swig Company Secures Renewals and New Leasing at Mountain View Tower
The Swig Company has secured more than 38,000 square feet of recently signed leases at 444 Castro in Mountain View. The activity… Read more
San Mateo Apartments Fetch $76M in First Time on Market
Newmark arranged the sale of the San Mateo Hills apartment portfolio, a 200-unit collection of five properties located in San… Read more
Staley Point-Bain Capital JV Acquires Two More SoCal Warehouses
Staley Point Capital and Bain Capital Real Estate, the real estate investing business of Bain Capital, continued their Joint venture… Read more
SimplerSpace Adds Coworking Location in Chino
SimplerSpace has opened its latest coworking location in Chino. The new space with more than 50 offices/suites is located at… Read more
Longpoint Makes Its First Bay Area Industrial Acquisition
Boston-based real estate investment firm Longpoint has acquired a three-building light industrial portfolio in Fremont for $31.5 million. Known as… Read more
Mattel Expands El Segundo Office Footprint with Previously Foreclosed Building
Mattel will expand its footprint in Los Angeles’ South Bay after buying a previously foreclosed office building near its headquarters… Read more
Padel, Pickleball Courts Planned Near Fairchild Park
Sure pickelball is big. If you have visited your local city park of late, you’ve probably noticed that most of… Read more
Commercial Property Prices Unchanged in July, Signaling Stability
The Green Street Commercial Property Price Index was unchanged in July, the Newport Beach, CA-based research and advisory firm said.… Read more
Equity Buys Four DFW Rental Communities
Equity Residential is acquiring 11 apartment communities from Blackstone Real Estate for $964 million. The purchase totals 3,572 apartments, with… Read more
Gantry Secures Financing for Seattle Distressed Office
Gantry has secured a $3 million bridge loan to finance the acquisition and repositioning of Olympic Block, a historic Downtown… Read more
CPP Acquires Historic Senior Complex in Pasadena, Plans Renovations
Community Preservation Partners (CPP), a mission-driven affordable housing preservation developer, announced the $54-million acquisition and planned renovation of Green Hotel… Read more
Panattoni Launches North American Data Center Group
Panattoni Development Company has formed the North American Data Center Group, an Irvine-based initiative designed to expand the company’s presence… Read more
Chipotle Drive-Thru Trades in Pre-Sale to 1031 Investor
Hanley Investment Group Real Estate Advisors arranged the pre-sale of a new property leased to Chipotle Mexican Grill with a… Read more