California
Turner Impact Capital Trades Scripps-Anchored Chula Vista Property
JLL Capital Markets completed the sale of 450 4th Ave., a nearly 37,000-square-foot medical outpatient building in Chula Vista. The firm’s Medical Properties Group… Read more
Safehold Closes on Ground Leases for Bay Area Affordable Projects
Safehold Inc. has closed on ground leases to facilitate the ground-up development of four affordable housing communities in the Bay Area. The… Read more
Statewide Campaign Sounds Alarm on California Prop 33 to Repeal Costa Hawkins
Calling the measure “deeply flawed,” affordable housing advocates and a bipartisan coalition of local leaders across California are sounding the… Read more
Prologis Adds to Nashville Footprint
Prologis bought a 1.4 million-square-foot industrial complex in Wilson County for $155 million. The company purchased the Beckwith Farms complex,… Read more
CBRE Closes Sale of 34K-SF Indianapolis Industrial Building
CBRE facilitated the sale of 5150 Elmwood Avenue in Indianapolis, a 34,000-square-foot industrial facility in south Indianapolis, to a private,… Read more
Dunleer Acquires Two Business Parks in All-Cash Transactions
Dunleer, a Los Angeles-based private real estate investment and development firm, recently acquired two fully occupied multi-tenant business parks totaling… Read more
Bain Takes Controlling Stake in Archwest Capital
Irvine-based Archwest Capital, a lender specializing in non-owner-occupied residential real estate loan solutions, said Monday it had secured a significant… Read more
Buchanan Street Trades Offices in Ontario, Diamond Bar
CBRE recently facilitated the sale of two office buildings in Southern California. They include 3536 Concours St., an 80,160-square-foot office… Read more
Roseville Apartments Obtain Refi via Green Certification
Newmark closed a $56.2-million refinance for Ascent at the Galleria, a green-certified, 273-unit multifamily property located in Roseville. Executive vice… Read more
BRIDGE Housing Cuts Ribbon on Oakland Affordable
Nonprofit affordable housing developer and manager BRIDGE Housing and social equity development corporation The Unity Council recently hosted dignitaries, partners… Read more
San Francisco Multifamily Tower Could Be First Built Under SB 423
Keller Grover Properties, the developer of 1965 Market St., told San Francisco’s planning department it would attempt to use Senate… Read more
Atlantic Beach Resort Acquired for $87M
Ashford Hospitality Trust (AHT) closed on the sale of the 193-room One Ocean Resort in Atlantic Beach, Florida. Aspect Real… Read more
Newmark Adds Multifamily Powerhouse in Century City
Dean Zander has joined Newmark as vice chairman, based in the Century City office. He brings more than three decades… Read more
EAH Housing Launches Affordable Development in Altadena
Nonprofit developer EAH Housing has started construction on Agave, a 58-unit affordable housing development in Altadena. Located at 2052 Lake Ave., the four-story building will… Read more
Capital Rivers Tapped to Lead Retail Side of Sacramento-Area Projects
Land development company Taylor Builders LLC has chosen Sacramento-based Capital Rivers Commercial to lead the retail side of its projects. Capital Rivers Commercial, led… Read more
Brixton Capital Acquires Del Mar Office and Retail Complex
Brixton Capital has acquired Polo Plaza, a 63,629-square-foot, two-building, mixed-use property in Del Mar. Brixton purchased the property for $18.5… Read more
Will Ballowe Joins Kidder Mathews’ East Bay Team
Kidder Mathews has hired Will Ballowe as a VP in Pleasanton. With nearly a decade of experience, Ballowe specializes in representing office landlords… Read more
Onni Secures $1B Refinancing for Chicago, L.A. Apartment Portfolio
Canadian developer Onni Group has secured $1 billion in refinancing for an eight-tower apartment portfolio in Chicago and the Los… Read more
Jelly Belly to Close North Chicago Plant
The Jelly Belly plant in North Chicago is set to close in October, with the parent company, Ferrara Candy, planning… Read more