California
California Has 14K Apartment Conversions in the Pipeline
California’s commercial-to-apartment conversions have a promising future despite a slowdown in completed projects over the past year, according to a… Read more
Macerich Charts New Direction with “Path-Forward” Plan
Macerich published its detailed Path-Forward plan to simplify the business, improve operational performance and reduce leverage under the leadership of… Read more
Bayview Provides C-PACE Financing on Monterey Park Multifamily
Bayview PACE provided $15.5 million in Commercial Property-Assessed Clean Energy (C-PACE) financing for Whitmore Villa, a $52-million multifamily development located… Read more
Marriott to Manage Resort at Pelican Hill for Irvine Company
The Resort at Pelican Hill, owned by Irvine Company, is bringing in Marriott International as its new management company, effective… Read more
Simon Will Add Luxury Apartments in “Next Phase” of Fashion Valley
Simon announced plans to integrate luxury living at its Fashion Valley mall in San Diego. Following the recent completion of a… Read more
Glassdoor Puts Remainder of San Francisco HQ Space Up for Sublease
Online recruiting platform Glassdoor has now put the entirety of its San Francisco headquarters space up for sublease, the San… Read more
Hotel Derek Closes Doors, Mum on Future
A boutique Galleria-area hotel will soon close its doors. The Hotel Derek, located at 2525 W. Loop S., has 312… Read more
Nintendo to Open Second U.S. Store in San Francisco
Nintendo of America on Friday announced plans to open an official store in San Francisco’s Union Square. With a 2025… Read more
Lagunitas Brewing Co. to Close Chicago Brewery, Taproom
Lagunitas will move its brewery operations to California and close its Chicago taproom. The company announced the news in a… Read more
East Bay Logistics Extends Port of Tacoma Industrial Lease
East Bay Logistics, a California company providing warehousing and logistics services, has extended its lease for a 228256-square-foot distribution facility in Sumner,… Read more
New York Bank Establishes First West Coast Office in Century City
Watt Companies’ Watt Plaza in Century City has signed a 10-year lease agreement with Esquire Bank, a commercial bank serving… Read more
Vintage Anaheim Apartments Score $4.3M Refi
Gantry secured a $4.3-million permanent loan to refinance the Parkside La Palma Apartments located at 1000 E La Palma Ave… Read more
Skanska Completes Port of Entry Utility Infrastructure Project
Skanska has completed the $3.3-million utility infrastructure extension project to prepare the site for the construction of the Otay Mesa… Read more
Landsea Acquires 500 Homesites for Master-Planned Dublin Project
Landsea Homes Corporation said Thursday it had acquired 500 homesites for a new master-planned community called Dublin Centre in Alameda County’s… Read more
Cityview, Greystar Divest Mountain View Apartments for Reported $101M
Cityview and Greystar said Thursday they had sold Elan Mountain View, a 164-unit mixed-use apartment property the two companies developed… Read more
Migration Trends: Where Are the Hot Spots?
Though populations aren’t necessarily fleeing people-packed, highly dense areas in the droves they did during the height of the pandemic,… Read more
We’re Looking for More of the Top CRE Mortgage Brokers & Lenders
Early response to Connect Commercial Real Estate’s fourth annual Top Mortgage Brokers & Lenders Awards has been positive. Yet we’re… Read more