California
CushWake Names Tenant Rep Lead for Greater LA
Cushman & Wakefield appointed executive director Marques L. Williams to lead tenant representation in Greater Los Angeles. The newly created… Read more
Wilshire Quinn Provides Refi Loan on Laguna Beach Hotels
Wilshire Quinn Capital said its private lending fund, the Wilshire Quinn Income Fund, has provided a $12,550,000 refinance loan on a hotel portfolio… Read more
Vista Industrial Duo Sells to 1031 Exchange Buyer
CBRE arranged the $29.4-million sale of 3215 and 3225 Executive Ridge in Vista to Old Grove LLC, an out-of-town 1031 exchange… Read more
Grosvenor Promotes Two to Succeed CIO Michael Beattie
Grosvenor, an international property owner and developer with a 70-plus-year track record in North America, said longtime CIO Michael Beattie will… Read more
Bay Club Acquires Two Seattle-Area Health, Wellness Facilities
California-based The Bay Club Company has acquired Pro Club, which has two luxury lifestyle and wellness facilities in Seattle and… Read more
UCLA Anderson Forecast: No Recession, but Slower Economic Growth
The threat of imminent recession has faded., UCLA Anderson says in its fourth and final economic forecast of 2023. This… Read more
Weidner Apartment Homes Acquires MF Complex for $90M
Weidner Apartment Homes, a Kirkland-based global real estate investment and property management company, has acquired the 185-unit Uptown at Kirkland… Read more
Urban Retail is Back, Baby
A little more than three years ago, urban retail was all but dead. The lockdown resulting from the COVID-19 pandemic… Read more
Return to Lender: Week of Dec. 7, 2023
Coretrust Capital Partners’ Pasarroyo office building, located in Pasadena, CA, is set for a foreclosure auction on Dec. 20, according… Read more
Bandon Secures Refi for El Monte IOS Site
Bandon Capital Advisors recently secured $20 million for the refinancing of a seven-acre site with industrial outdoor storage (IOS) and… Read more
69-MW Battery Storage System Launches in Stanton
Wellhead Electric Company, W Power and Energy Vault unveiled the Stanton Battery Energy Storage System (SBES) in Stanton. State and… Read more
Saywitz Arranges Warehouse Relocation for Russell Sigler
The Saywitz Company completed negotiations on behalf of Russell Sigler Inc. for its new regional distribution and service center in Temecula. Robert… Read more
Oxford Properties Breaks Ground on Ionis Expansion in Carlsbad
Oxford Properties Group broke ground on a 165,000-square-foot expansion of Ionis Pharmaceuticals’ main life sciences campus. Located in Carlsbad’s life… Read more
CushWake Tapped for Property Management at Presidio
Cushman & Wakefield ’s Northern California Asset Services has been selected by the Presidio Trust to provide commercial property management… Read more
Feds Commit $3B to High-Speed Rail Between Vegas, SoCal
The federal government is backing Brightline West’s plans for a high-speed rail system connecting Southern California to Las Vegas with a $3-billion… Read more
Sumitomo Forestry Acquires JPI Operating Platform
JPI will still be putting its name behind apartment projects, but Sumitomo Forestry America will own them once the dust… Read more
Marcus & Millichap Partners with EquityMultiple
Marcus & Millichap (MMI) said Tuesday it had made an equity investment in EquityMultiple, a New York City-based real estate financing… Read more
NewMark Merrill Acquires Retail Adjacent to Its Janss Marketplace
NewMark Merrill Companies acquired a 172,008-square-foot retail center renamed the Collection at Janss Marketplace from Seritage Retail Group for an undisclosed sum.… Read more