California
Sonnenblick-Eichner Arranges Investment for Pacific City Lodging Portfolio
The Sonnenblick-Eichner Company, a Los Angeles-based real estate investment banking firm, has arranged a strategic joint venture equity investment into… Read more
Bolour Arranges Debt to Redevelop Three LA Properties into Multifamily
Bolour Associates Inc. provided more than $20 million in debt financing for the redevelopment of three Southern California retail projects. Upon… Read more
JLL Hires Lead for LA Urban High Street Retail
JLL hired 16-year Los Angeles industry veteran and urban street retail expert Matthew Fainchtein as managing director with a start… Read more
Irvine Company Reaches Five-Year High with March Leasing Volume
Irvine Company announced a strong month of activity in March, leasing 1.4 million square feet of office space in Orange County,… Read more
Wakeland Breaks Ground on Affordable in SD’s City Heights
Groundbreaking took place in San Diego’s City Heights section recently for Cuatro at City Heights, a 115-unit affordable rental complex.… Read more
Gantry Sees Improving Pace for CRE Mortgage Production
Commercial mortgage banking firm Gantry on Friday reported a steady and improving pace for commercial mortgage production in the first… Read more
CIM to Convert South End Office into Apt
A Los Angeles-based real estate firm, CIM Group, has proposed converting a six-story South End office building into 91 apartments,… Read more
CA Issues Tax Credits to Support $15.5B in Private Investment
California Gov. Gavin Newsom said Friday the state has awarded $120 million in tax credits to eight companies as part… Read more
Trammell Crow Residential Nabs Arcadia Development Site
CBRE has arranged the sale of a 2.9-acre development site encompassing several parcels of land in Arcadia. Dean Zander and Stewart Weston of CBRE… Read more
DTLA’s Best People, Places Honored at Roses & Lemon Awards Breakfast
The Downtown Breakfast Club (DBC), comprised of community leaders and stakeholders, honored the best people and places in Downtown Los… Read more
California People and Company News for April 26, 2024
Be there in person for the 8th Annual Connect Los Angeles 2024, May 1 at the Intercontinental Los Angeles Downtown. Industry leading experts… Read more
New Growth Living Cuts Ribbon on Sacramento’s First BTR Project
New Growth Living cut the ribbon recently on Tanzanite Homes, reportedly the City of Sacramento’s first build-to-rent (BTR) single-family home community… Read more
Mission Rock MXU Begins Leasing at Second Resi Tower
The Mission Rock Partners development team, a collaboration of the San Francisco Giants, Tishman Speyer and the Port of San Francisco, commenced leasing… Read more
CA Apartment Construction Permits Drop to 10-Year Low
Construction permits for California multifamily fell 22% year-over-year in the first quarter to 8,972 units, reported the Southern California News… Read more
EQT Exeter Picks Vacant Buckeye Warehouse for $60.1M
EQT Exeter paid $60.1 million for a just-delivered 641,000-square-foot industrial building in Buckeye, Arizona. BET Investments developed and sold the… Read more
First Wall is Tilted at New Burbank Soundstage Development
Developer Worthe Real Estate Group and Stockbridge Real Estate Funds said Wednesday the first wall has been tilted at the 30-acre Warner Bros.… Read more
BKM Adds Juniper Square’s David Jensen as Managing Director
Newport Beach-based BKM Capital Partners has hired David Jensen as managing director, strategic partnerships. Jensen will report directly to CFO Bill… Read more
AEG, Yaamava’ Resort & Casino Renew Longstanding Partnership
AEG and Yaamava’ Resort & Casino at San Manuel have renewed their partnership, marking 16 years of collaboration that will… Read more