California
Denver Apartments Sell for Nearly $640K/Unit
A 36-unit apartment building in Cherry Creek recently sold for $23 million, nearly $640,000 per unit. Broadmark Realty Capital, a… Read more
CA Buyer Snags Net-Leased Frozen Custard Shop in Mokena
Andy’s Frozen Custard, a net-leased property in the Chicago MSA suburb of Mokena, was recently purchased by a California-based family… Read more
PIMCO Promotes Five Senior Members of CRE Team
PIMCO has promoted EVPs Ravi Anand and Roman Kogan to global co-heads of commercial real estate private lending, PERE reported.… Read more
Avatar Adds Two Directors of Loan Originations
Seattle-based bridge lender Avatar Financial Group LLC (“has added Alex Cruz and George Warf to its growing team. As directors of… Read more
Fountain Valley McDonald’s Drive-Thru Trades in All-Cash 1031 Exchange
Hanley Investment Group Real Estate Advisors and Oaks Commercial Real Estate arranged the sale of a single-tenant property occupied by a… Read more
Arthur J. Gallagher Acquires IE Insurance Agency Focusing on CRE
Arthur J. Gallagher & Co., a global insurance brokerage, risk management and consulting services firm, has acquired Rancho Cucamonga-based Cornerstone Commercial &… Read more
San Diego Ranks Among Top 8 U.S. Markets for Life Sciences Talent
San Diego ranked among the top eight markets in CBRE’s annual U.S. Life Sciences Talent Trends report. According to the CBRE report, San Diego’s life… Read more
220 Park in Burlingame Signs Office, Retail Tenants
Joint venture partners Dostart Development Company, LLC and Sares Regis Group of Northern California recently secured two new leases at… Read more
Fortress Closes on $708M Industrial Outdoor Storage Portfolio
Fortress Investment Group has completed two industrial outdoor storage (IOS) refinancings totaling $708 million. The transactions included a $493 million… Read more
Self-Storage Near USC Main Campus Secures $24M Refi
Tremont Realty Capital announced the closing of a $23.8-million loan to recapitalize 2515 S Broadway, an 80,000-square-foot self-storage facility branded as… Read more
CBRE Arranges Three Sales of OC Triplex Properties
CBRE facilitated the sales of three multifamily triplex properties in Orange County to three individual private buyers in a span… Read more
Peachtree Group Provides CPACE Loan for Hotel in San Diego’s Gaslamp Quarter
Peachtree Group originated a $40-million retroactive Commercial Property Assessed Clean Energy (CPACE) loan to BLG SAN DIEGO, LLC for its recently… Read more
McCarthy Cuts Ribbon on Dublin Transit Center Parking Garage
McCarthy Building Companies, Inc. recently marked the grand opening of the new Dublin Transit Center Parking Garage, representing a milestone… Read more
John Casasante Takes the Reins at Manulife US REIT
John Casasante has taken the reins at Manulife US Real Estate Investment Trust in the dual role of CEO and… Read more
100% Leased Malibu Retail Trades to Private Buyer
The Park at Cross Creek, a 100% leased Malibu retail center anchored by a custom-built Whole Foods Market, has traded… Read more
High-Speed Rail Authority Clears Final Segment of Bay Area-to-LA Route
The California High-Speed Rail Authority board of directors has approved the final environmental document for the 38-mile segment between Palmdale… Read more
Enterprise Community Partners Announces Exec Promotions
Enterprise Community Partners has promoted Meaghan Vlkovic and Baaba Halm to senior vice presidents of Programs and Solutions. Vlkovic and… Read more
Nominations Are Open for Connect CRE’s 2024 Women in Real Estate Awards
For the eighth consecutive year, Connect Commercial Real Estate will honor women whose talent, drive, leadership and fresh ideas have… Read more