California
CEDARst, Quartz Lake Unveil Second San Diego Multifamily Build
A joint venture between CEDARst Companies and Quartz Lake Capital unveiled plans for its second multifamily development in San Diego, FLATs… Read more
San Pedro Office-to-Resi Conversion Secures Bridge Loan
BH3 Management and F2 Capital have provided a $17.5-million bridge loan for Forbix and Urban Stearns’ conversion of Topaz Tower, a 12-story, 294,000… Read more
BOLOUR Acquires Retail in LA’s Mid City Submarket
BOLOUR Associates Inc. has acquired a neighborhood retail strip center at 5151 W. Pico Blvd. in Los Angeles for $4.45 million.… Read more
Northmarq Closes $34M Sale of Buena Park Multifamily
Northmarq’s Shane Shafer arranged the $34,375,000 sale of Cypress Village Apartments in Buena Park. Shafer represented the seller, Priya Living, in the sale, which… Read more
Alterra IOS Expands into Inland Empire
Alterra IOS has acquired a strategically located industrial property located at 1369-1379 W. 9th St. in Upland. Deals terms were… Read more
Triple-Net Strip Center Trades in San Leandro
Marcus & Millichap closed the sale of 1423-1427 E. 14th St., a 6,603-square-foot retail property located in San Leandro. The asset sold… Read more
CenterPoint Adds Carson Portfolio to South Bay Industrial Holdings
CenterPoint Properties has completed a four-building portfolio acquisition in the South Bay industrial submarket, near the Ports of Long Beach and… Read more
Harbor Custom Development Plans to Liquidate
Harbor Custom Development, Inc., a Tacoma-based commercial real estate developer, announced its plan to continue to wind down operations and… Read more
1985-Vintage Apartments Change Hands for the First Time
CBRE finalized the sale of 2203 E. Bermuda St., an eight-unit multifamily property in Long Beach, for $2.7 million to a private… Read more
Yorba Linda Mixed-Use Offers Lease-Up Opportunity
JLL Capital Markets facilitated a transaction collateralized by a mixed-use property located in Yorba Linda, for an undisclosed sum. The JLL Capital Markets Investment… Read more
Bakersfield Chase Bank Trades to Private Investor
Hanley Investment Group Real Estate Advisors and Progressive Real Estate Partner arranged the sale of a newly constructed, single-tenant property occupied… Read more
TOD Will Rise Adjacent to Rancho Bernardo Transit Station
The Metropolitan Transit System (MTS), Affirmed Housing and regional housing leaders marked the beginning of construction on SkyLINE Apartments at… Read more
Sand Hill Wins City Approval for Vallco Town Center Redevelopment
Developer Sand Hill Property Company has secured the long-awaited city approval for a mixed-use development on the former Vallco Town… Read more
San Francisco Rebounds with Tech Revival
Scores of tech investors and executives migrated from the Bay Area during the pandemic, criticizing San Francisco for its allegedly… Read more
Landmark Properties Launches Student Housing Near USC
Landmark Properties has begun construction on The Standard at Los Angeles, located at 3900 S Figueroa St. a few blocks south… Read more
Del Ray Realty Secures 85% LTV for Beverly Hills MOB Acquisition
Notwithstanding a volatile commercial lending market, particularly relating to office buildings, Del Ray Realty founder Ray Rowshankhah secured a favorable loan structure… Read more
Ontario Airport Sets New Record for International Travel
Ontario International Airport (ONT) saw nearly 470,000 passengers in January, including a record-setting 45,012 international travelers, airport officials announced. The… Read more
Escondido Retail Trades After 30 Days on the Market
Marcus & Millichap arranged the sale of Centre City Plaza, a 14,260-square-foot multi-tenant retail property located in Escondido. The asset sold… Read more
RentBerry Weighs Making Bid for WeWork
San Francisco-based Rentberry, a provider of technology-driven property rental and management, unveiled plans to explore the acquisition of WeWork, which… Read more