California
SASB Deals Dominate U.S. CMBS with Market Expanding at Both Ends
The single asset, single borrower (SASB) market continues to strengthen its dominance in U.S. CMBS, expanding in scale and scope… Read more
Berkadia Lines Up Construction Loan for Seachange Partners
Berkadia arranged $15.6 million in non-recourse construction financing for two affordable housing projects in Los Angeles. Managing director Keith Rosso… Read more
Sutter Health, Santa Clara University Partner on New Medical School
Venture capitalist Mark Stevens and his wife Mary have gifted $175 million to help pay for the construction and establishment… Read more
JLL Arranges $252M Financing for Huntington Beach Seniors Project
JLL and HJ Sims have arranged $252.1 million in tax-exempt and taxable bond financing for the development of The Marisol,… Read more
Harbor Associates, Farallon Acquire Yorba Linda Industrial Campus Off-Market
Harbor Associates, LLC, in a joint venture with Farallon Capital Management, has acquired the Yorba Linda Commerce Center, a 280,000-square-foot, small… Read more
Upland Apartments’ Original Developer Divests for $48M
Institutional Property Advisors (IPA), a division of Marcus & Millichap dedicated to serving the company’s institutional clients, closed the sale of Upland Village Green, a multifamily… Read more
CJ Park Acquires West Sacramento Neighborhood Center
Harbor Central, a neighborhood shopping center in West Sacramento, California, has sold for $6.2 million. A subsidiary of CJ Park &… Read more
Skanska Promotes Two Industry Veterans in Washington
Skanska has named Lew Guerrette as the new regional executive officer overseeing the operations in Skanska USA Building’s West Region,… Read more
San Jose’s Bank of Italy Building Set for Residential Conversion
Cushman & Wakefield arranged $74.1 million in financing on behalf of the Silicon Valley Initiative Partnership for the conversion of the historic Bank of Italy building at 12… Read more
Sachem Capital, IRG to Form $3.4B Industrial REIT
Mortgage REIT Sachem Capital Corp. and privately held Industrial Realty Group (IRG) said Monday they have entered into a definitive… Read more
Hollywood Multifamily Sale Reaches Three-Year High in Pricing
Colliers arranged the sale of Sophia Hollywood, a Class A, 28‑unit, 40,332‑square‑foot multifamily apartment community located at 1759 N. Gower… Read more
DAUM Arranges Industrial Outdoor Storage Lease in Rialto
DAUM Commercial Real Estate Services, completed a lease agreement for an approximately 5.18-acre industrial outdoor storage (IOS) site in the… Read more
Half Moon Bay City Council Repeals Cap on Annual Rent Increases
The Half Moon Bay City Council voted recently to repeal regulations that cap annual rent increases for some older multifamily… Read more
Elliott Management Snaps Up Downtown Crossing’s Godfrey Hotel
The Godfrey Hotel, a 242-key hotel in Downtown Crossing, has sold for $124 million to an affiliate of Elliott Management,… Read more
CIM Group Launches National Power Platform
CIM Group has launched Permanent Power Company, a national power platform, following a series of recent transactions that include securing… Read more
Three Trends Shaping the Multifamily Outlook
Given all of the reports and write-ups about the multifamily sector over the past five years, we know where we… Read more
JLL Closes Industrial Portfolio Sale to Two Separate Buyers
JLL Capital Markets said Thursday it had completed Project Bronco, a multi-submarket industrial portfolio totaling 365,774 square feet in Los Angeles’ San… Read more
California People and Company News, Week of May 15, 2026
Hear from top executives from BGO, Blackstone, Cushman & Wakefield, Kennedy Wilson and CBRE as they break down strategy, capital flows, and… Read more