California
Berkadia Secures $67M Fannie Mae Loan on San Francisco Apartments
Berkadia arranged financing for Northpoint Apartments, a 514-unit midrise multifamily property located in San Francisco. Managing director Andy Ahlers of Berkadia San Francisco secured $67.225… Read more
Gantry Lines Up Acquisition Loan on Auburn Power Center
Gantry, Inc. arranged a $9.6-million permanent loan to finance the acquisition of The Plaza, a Best Buy-anchored retail center located… Read more
Caribou Moves Ahead with Its Largest Santa Ana Project to Date
Caribou Industries, Inc. has executed a disposition and development agreement with the City of Santa Ana, paving the way for… Read more
Molto Properties Announces 845K SF of Midwest Leasing
Molto Properties, a privately held real estate company with a geographical focus on the Midwest, Texas and California, announced the… Read more
Coastal Partners Buys Chicago Office Building for $17M
Coastal Partners, a Chicago-based real estate firm focused on acquiring and developing office and industrial properties, purchased the office building… Read more
Third of Five Q-Branded MF Projects Tops Out in Woodland Hills
Balaciano Group has topped out construction on The Q De Soto, a new apartment property in Woodland Hills. The 352-unit… Read more
Lument Bolsters Real Estate Capital Markets Platform
Lument on Monday said it had made a significant investment in its real estate capital markets business, strengthening the array… Read more
Chipotle-Anchored Retail Pad Fetches $4M
Hanley Investment Group Real Estate Advisors arranged the sale of a fully occupied, multi-tenant retail pad property in Palm Desert. The… Read more
Decron Pays $126M for Second Acquisition in San Diego
Decron Properties has acquired Margo at The Society, a 240-unit, luxury multifamily community located just off Hotel Circle in San Diego,… Read more
Biotherapeutics Tenant Nearly Doubles Space in Silicon Valley
Rani Therapeutics, LLC, the operating subsidiary of Rani Therapeutics Holdings, Inc., a Silicon Valley based clinical-stage biotherapeutics company focused on… Read more
TCC, Clarion Wrap First Phase of Solano County Industrial
Trammell Crow Company (TCC) and its joint-venture Partner Clarion Partners have completed construction on the first phase of development at… Read more
Berkadia: Strong Fundamentals Underpin Student Housing Investments
Student housing remains “an excellent investment vehicle,” Berkadia says in its latest U.S. Student Housing Pipeline Report. The report cites… Read more
iBorrow Closes Refi of Four-State Industrial Portfolio
Los Angeles-based iBorrow closed a $46.58-million refinancing of a 2,166,600-square-foot, six-property industrial portfolio owned by an institutional fund with more… Read more
Kidder Mathews Elevates Luchs to Managing Director
Kidder Mathews’ Josh Luchs has been promoted to managing director of the firm’s San Fernando Valley office. He is a top producer with… Read more
Class A Apartments, New Self-Storage Land Permanent Loans
Gantry’s Irvine office secured $28.7 million of financing in two transactions for separately owned properties, one a multifamily asset in… Read more
Marcus & Millichap Closes Multifamily Sale in Hillcrest
Marcus & Millichap closed the sale of 4043 First Ave., a 15-unit apartment property located in San Diego. The asset sold for $6,050,000.… Read more
San Francisco Acquires Luxury Apartments as Supportive Housing
Colliers arranged the sale of ŌME, a luxury mixed-use building, to the City and County of San Francisco for a price… Read more
Mackenzie Hires Charles Hayward as Sr. Construction Architect
Mackenzie, a Portland-based architecture and planning, has hired architect Charles “Chuck” Hayward. Hayward joins the firm’s advanced technology team, which… Read more
Green Street: CRE Prices May Have Hit Bottom
The Green Street Commercial Property Price Index decreased by 3% in November. The all-property index—a measure of pricing for institutional-quality… Read more