California
Thorofare Provides $26M Refi on Newly Built Apartments
Thorofare Capital, Inc. said Monday it provided a $26,000,000 loan to Chapman Place LLC for the refinancing and lease-up of Chapman… Read more
Paramount, Blackstone Get Extension on $975M Loan for San Francisco Offices
Paramount Group and Blackstone have agreed upon the terms of an extension to a $975-million loan on San Francisco’s One… Read more
Tech Firm Rippling Expands Operations in Downtown
San Francisco-based Rippling, a workforce management platform, is set to expand its operations in New York City, tripling its footprint… Read more
Goodman Group Breaks Ground in Cypress on “Next Generation” Industrial
The Goodman Group has broken ground on Goodman Commerce Center Cypress, a two-building campus geared toward what the firm refers to… Read more
Hollywood Park Mega-Project Opens Second Residential Building
Hollywood Park, a mixed-use mega-development under construction in Inglewood, has expanded its residential offering with the debut of The Crosby. The 214-unit apartment… Read more
Trepp’s Manus Clancy Joins LightBox Senior Management Team
Commercial real estate information provider LightBox has added Manus Clancy to its senior management team. Clancy and the team at Irvine-based… Read more
Riverside Apartments with Golf Course Views Sell to Family Trust
CBRE arranged the sale of 1180 Central Ave., a seven-unit multifamily property in Riverside, to the Michael J. O’Neill and Jean… Read more
Navy Selects Development Team for NAVWAR Project
Ending a year-long selection process, the U.S. Navy selected a development team led by San Diego-based Manchester Financial Group and… Read more
JLL Hires Kirsten Grado as Part of San Jose Expansion
JLL has hired Kirsten Grado, a commercial real estate veteran with decades of experience in leasing, capital markets and leadership, as its… Read more
Healthpeak Enters JV with Breakthrough Properties on Torrey Pines Campus
Healthpeak Properties, Inc. has formed a new strategic joint venture with Breakthrough Properties through a sale of a 65% interest in… Read more
BWE Secures $26M for Senior, Affordable Housing Across the U.S.
BWE, a Cleveland-based national commercial and multifamily mortgage banking company, closed four financings totaling over $26 million to refinance, build,… Read more
CA Investor Plans Major Renovations for Marina City Retail Space
JLL recently announced it had completed the $30 million sale of the retail and parking spaces at Marina City, a 146,000-square-foot… Read more
Primestor Signs South LA Café as Retail Tenant in MXU
Primestor Development has signed community coffee house South LA Café to a long-term lease at Evermont, Primestor’s mixed-use development located in… Read more
NAIOP SoCal Announces 2024 Leadership
The Southern California chapter of NAIOP, the leading association for developers, owners and investors of office, industrial, retail and mixed-use… Read more
Investment Firm Targets Industrial Outdoor Storage Niche
Blake Rodgers and Pasha Johnson have launched Steel Peak, a specialized commercial real estate investment firm, with a focus on… Read more
California People and Company News for Jan. 12, 2024
The California Mortgage Bankers Association has named Tai Christensen, president of national affordable housing program Arrive Home, chair of its Diversity,… Read more
Tower 180 in San Diego Trades as Redevelopment Play
Newmark arranged the sale of Tower 180, a fully vacant office building in Downtown San Diego, in a lender-facilitated, off-market… Read more
Life Sciences: Short-Term Struggles, Long-Term Stability
Life sciences real estate includes laboratory, manufacturing, and office space for occupiers who study and develop scientific products and services.… Read more
