California
EAH Housing Opens Second Phase of Modesto Affordable
Nonprofit developer/manager EAH Housing joined Mayor Sue Zwahlen and State Treasurer Fiona Ma to celebrate the grand opening of Archway Commons II,… Read more
Grosvenor Sees Strong Leasing in San Francisco Portfolio
Grosvenor, an international property owner and developer with a 70-year-plus track record in North America, announced substantial activity throughout its… Read more
Advanced Manufacturing Firm Expands in Chatsworth
Lee & Associates – LA North/Ventura principals Erica Balin and Scott Caswell arranged a five-year lease for Machina Labs, an advanced… Read more
Office Space Demand Rises for Sixth Consecutive Month
Led by New York City and Los Angeles, demand for office space rose nationally in December on a year-over-year basis,… Read more
Midwood Announces Jeff Dvorett as President
Midwood Investment & Development has appointed Jeff Dvorett as president, where he will be responsible for overseeing development, marketing, operations,… Read more
Southland Industries Inks 93K-SF MD Full-Building Lease
Southland Industries, a California-based company providing mechanical, electrical, and plumbing engineering (MEP) services to commercial and industrial buildings, has signed… Read more
CMBS Delinquencies Rise Nearly 10% in January
The delinquency rate among U.S. CMBS climbed meaningfully in January from December, rising almost 10% to 4.61%, Kroll Bond Rating… Read more
JPI Breaks Ground on TOD in Inglewood
JPI recently held a groundbreaking ceremony today to commemorate the start of construction on Jefferson Inglewood, which will bring 222apartment… Read more
Colliers Steers Tax-Efficient Disposition of Multifamily Portfolio
Colliers arranged a five-property apartment portfolio sale for longtime client Rio Properties, closing separate transactions valued at approximately $30 million… Read more
BKM Hires Craig Morrow as Senior Director, Property Management
Newport Beach-based BKM Capital Partners has hired Craig Morrow as senior director for BKM Management Co. In this newly created role, his initial… Read more
Marcus & Millichap Team Steers Land Sale Through 27-Month Escrow Process
The LAAA Team of Marcus & Millichap closed the above-list-price sale of 6527 Etiwanda Ave, a 9.15-acre lot subdivided into 22 single-family… Read more
Walker & Dunlop Closes Burlingame Apartment Sale at 4.14% Cap Rate
Walker & Dunlop arranged the sale of The Arlington, a 63-unit multifamily community in Burlingame, south of San Francisco, for an undislcosed… Read more
Hackman Signs PLA for Modernization of Radford Studio Center
Hackman Capital Partners founder Michael Hackman joined Los Angeles Mayor Karen Bass and union representatives to sign a Project Labor… Read more
Atlanta #3 in BTR Home Construction
Metro Atlanta trails only Phoenix and Dallas-Ft. Worth when it comes to build-to-rent homes constructed in 2023. The area saw… Read more
Ware Malcomb Names Shannon Suess Director in Seattle Office
Ware Malcomb, an international design firm, announced Shannon Suess has joined the firm’s Seattle office as Director, Interior Architecture &… Read more
Essex Closes on MF Condominium Apartment Building in Evanston
Chicago-based multifamily brokerage firm Essex Realty Group, Inc. closed the sale of a condominium deconversion building at 501-03 Sheridan Road,… Read more
DSW Leases 15K SF at Whole Foods-Anchored Center
Axiom Retail Advisors, an Irvine-based retail brokerage and consulting firm and X Team Retail Advisor platform member, arranged a 15,000-square-foot… Read more