California
Logos Faith Development Sets 15 Groundbreakings Over the Next Three Years
Logos Faith Development, a Los Angeles-based affordable housing developer partnering with faith communities across Southern California, announced 15 groundbreakings planned… Read more
1929-Vintage Los Feliz Apartments Sell to Dream Street Capital
Marcus & Millichap has completed the sale of 1939 N. Kenmore Ave., an 18-unit multifamily property located in Los Angeles. The property sold for… Read more
Interstate Equities Closes Institutional Fund at $215M
Interstate Equities Corporation (IEC), a vertically integrated real estate investment and management firm specializing in multifamily properties throughout California and Washington, reached the final close of IEC Institutional… Read more
Historic Cinerama Dome, Adjacent 14-Screen Complex Set for 2028 Reopening
Shuttered since the pandemic, the historic Cinerama Dome in Hollywood and surrounding 14-screen movie theater are set to reopen under… Read more
Marcus & Millichap Closes NorCal Seniors Housing Sale
Marcus & Millichap closed the sale of Redwood Meadows, a 101-unit senior multifamily property located at 1475 Baechtel Rd. in Willits. The property sold for $10.8 million, or $106,931 per… Read more
Google Recommits to 2.1M SF of Sunnyvale Office Space
After two years of scaling back its office footprint, Google is recommitting to 2.1 million square feet of offices in Sunnyvale,… Read more
Boyd Wilson Expands Portfolio with $97M Acquisition of PA Multifamily
Boyd Wilson LLC has acquired The Landings, a 384-unit apartment community in Bethlehem, Pennsylvania, for $97 million. The transaction was… Read more
AI Job Displacement Risk, AI Office Demand Dovetail
U.S. markets defined by sectors most exposed to AI-driven job displacement are also seeing the strongest real estate demand from… Read more
Newmark Awarded 21M-SF Office Portfolio Management Assignment
Newmark has secured a long-term property and project management assignment with leading institutional investor and developer 601W Companies, expanding the… Read more
Original Developer Trades Castro Valley Multifamily Duo
Berkadia arranged the sale and acquisition financing of two value-add, neighboring Castro Valley multifamily communities with a total of 135… Read more
Fresno Apartments Fetch $44M in First-Ever Sale
The Mogharebi Group (TMG) represented JBT Property Management in the sale of Maroa Park Apartments, a 248-unit multifamily community located… Read more
Pearlmark Closes $24M Debt Investment for Fulton Market Office Building
Pearlmark announced that it closed on a $24.2 million debt investment for the acquisition of 1201 W Lake Street, a… Read more
Sale of Oceanwide Plaza in DTLA Clears Hurdle with Bankruptcy Court Approval
Los Angeles Mayor Karen Bass said Tuesday that graffiti removal and blight abatement will now begin following a confirmation hearing… Read more
Lee & Associates Negotiates Purchase of 456K-SF Warehouse in Lansing
Lee & Associates of Illinois has negotiated the purchase of a 455,858-square-foot industrial building located at 16801 Exchange Avenue in… Read more
Charlotte Warehouse Investor Pays $41.4M for 4-Building Portfolio
Adler Real Estate Partners acquired four industrial assets in Arrowridge Business Park for $41.4 million. BankUnited provided a $25.6 million… Read more
CIM Group, Hulic Acquire West Hollywood Apartment Property
CIM Group completed the acquisition of Domain WeHo, a 166-unit apartment community in West Hollywood, in partnership with Hulic Co.,… Read more
Mindspace to Open Largest U.S. Location at Transamerica Complex
Global flexible workspace provider Mindspace has signed a new 54,000-square-foot lease at Two Transamerica Plaza, located at 505 Sansome St.,… Read more