California
MMCC Finalizes $12.5M Refi of Mission Viejo MOB
Marcus & Millichap Capital Corporation (MMCC) arranged $12,500,000 to refinance a medical office building located in La Paz Plaza in… Read more
Cityview Acquires Multifamily in Bay Area’s Tri-Valley
Multifamily investment management and development firm Cityview has acquired Tralee Village Apartments in Dublin. Terms were not disclosed. Located at… Read more
Prime Office Space Leads – and Will Continue to Do So
The headlines continue to herald office building woes, from buildings slipping into foreclosure to buyers snapping up near-empty facilities at… Read more
Archer Aviation, Kilroy Sign MOU for Bay Area Air Mobility Network
Archer Aviation, a provider of electric vertical takeoff and landing (eVTOL) aircraft, plans an air mobility network to connect five… Read more
Ravello, WNC to Build Affordable SFRs in Lancaster
Ravello Holdings and WNC & Associates have closed a deal to begin construction on Maison’s Sierra, an affordable housing community… Read more
Kimco Taps Progressive Real Estate to Lease Chino Hills Marketplace
The Progressive Real Estate Partners brokerage team of Roxanne “Roxy” Klein and Paul Su has been selected by Kimco Realty to lease Chino Hills Marketplace in Chino Hills. The 310,600-square-foot community center… Read more
Staley Point, Bain Capital Make Third San Diego Industrial Buy
(Updated with additional information) Staley Point Capital and Bain Capital Real Estate have acquired a 78,000-square-foot industrial asset in Poway for approximately $20 million. The… Read more
CBRE Adds Data Center Services Provider Direct Line Global
Guardian Capital Partners sold Fremont-based Direct Line Global, a technology infrastructure services provider, to CBRE Group, Inc. Terms of the… Read more
Stellar Management’s Larry Gluck Dies At 71
Larry Gluck, co-founder of Stellar Management, one of NYC’s largest commercial real estate owners, has passed away at 71 after… Read more
William Vale Hotel in BK Sells Out of Bankruptcy for $177M
Eastdil Secured and advisory firm A&G Real Estate Partners has marketed the William Vale Hotel in Williamsburg. EOS Hospitality, a… Read more
City Council Committee Advances $1B Revamp of LA Convention Center
A Los Angeles City Council committee endorsed an effort to remodel the downtown Convention Center before the 2028 Olympics, although… Read more
Infamous Tucson Highrise Sells for $3.8M
The Pioneer Building, one of Tucson’s most notorious structures, was sold at auction for $3.8 or $27.50 a square foot.… Read more
Nonprofit Acquires LA Warehouse for $13M in All-Cash Deal
Matthews Real Estate Investment Service sourced an all-cash investor for the $13,000,000 acquisition of 2707 Beverly Blvd., an industrial warehouse… Read more
Local Investor Scores Two Huntington Beach Fourplexes
CBRE closed the sales of two four-unit multifamily properties in Huntington Beach to a private investor. Both properties sold for… Read more
PMB, Riverside University Health Launch $580M Project
Riverside University Health System and PMB broke ground on a 445,000-square-foot, $580-million project, The Wellness Village in Mead Valley, that will integrate… Read more
Family Trust Snags San Diego Apartments
Marcus & Millichap finalized the sale of a 10-unit apartment property located at 4127 Idaho St. in San Diego. The asset… Read more
Trammell Crow to Develop 350-Unit Multifamily at Northridge Fashion Center
Trammell Crow Company (TCC) closed on a 4.78-acre site in Northridge, with plans for a future residential development at the… Read more