California
Dermatology Practice Acquires New Location in San Diego
GK Dermatology and Med Spa has acquired a 10,000-square-foot freestanding retail building located at 4606 Mission Bay Dr. in San Diego for $5.25… Read more
3650 REIT Originates Acquisition Loan for Roseville Retail
3650 REIT, a nationwide commercial real estate lender, originated a $71.5-million acquisition loan for Creekside Town Center, a 95.6%-occupied retail… Read more
Azusa Industrial Scores $84M Post-Close Acquisition Debt
JLL Capital Markets arranged $84 million in post-close acquisition financing for Azusa Industrial Center, a three-building industrial park totaling 432,500 square feet located in Azusa.… Read more
MMCC Lines Up Acquisition Loan for Mission Viejo Retail/Office
Marcus & Millichap Capital Corporation (MMCC) arranged $21,775,000 in financing for the purchase of Kaleidoscope Center, a retail shopping mall… Read more
Owner-Occupier Pays $9M for Upland MOB
CBRE recently facilitated the $8.85-million sale of 400 Mountain Ave., a 47,850-square-foot medical office building in Upland. Sammy Cemo, Anthony DeLorenzo, Austin Reuland, Bryan… Read more
Golf Capital Markets Specialist Joins Newmark in San Diego
Tom Berry has joined Newmark as managing director, specializing in the acquisition and disposition of golf and country clubs, golf… Read more
Gantry Arranges Refi on Qualcomm-Leased Office/R&D Property
Gantry has secured a $5.2-million permanent loan to refinance a flex office/R&D property strategically located at 3000 Oakmead Village Dr.… Read more
Kaiser Permanente Reaches Tentative Deal with Striking Unions
Kaiser Permanente has reached a tentative deal with the Coalition of Kaiser Permanente Unions following the largest walkout in U.S.… Read more
MCA Realty Sells Multi-Tenant Industrial Park for $13.75M
MCA Realty, an Orange County-based real estate investment and management firm, has sold Spectrum Business Park, a multi-tenant industrial park… Read more
North Bridge Closes $50M C-PACE Refi
North Bridge, in collaboration with Lantern Real Estate Advisors, facilitated a $50 million C-PACE refinancing for the Residence Inn Berkeley… Read more
OC Apartment Properties Score $142M Cash-Out Refi
Alex Kane, Joe Giordani, Brendan Golding and Alvin Cao of Northmarq’s Newport Beach Debt + Equity office arranged the refinancing of two California multifamily properties, the… Read more
Single-Tenant DaVita Dialysis Location Trades in 1031 Deal
Progressive Real Estate Partners arranged the sale of a single-tenant DaVita Dialysis clinic located at 82900 Ave. 42 in Indio. The property sold for $4,450,000 in… Read more
CushWake Completes Sale of Otay Mesa Industrial Park
Cushman & Wakefield advised seller Murphy Development Company in completing the disposition of the Brown Field Tech Park I and… Read more
X Team Retail Advisors Adds Econic in Bay Area
X Team Retail Advisors, a national organization comprised of more than 350 retail real estate affiliate specialists located in 44… Read more
56-Bill Affordable Housing Package Signed into Law
Gov. Gavin Newsom has signed 56 bills into law that he said will incentivize and reduce barriers to housing and… Read more
The (Continued) Argument for Secondary Market Investments
During much of the late 20th and early 21st century, commercial real estate investors liked the vibrancy (and returns) of… Read more
Return to Lender: Week of Oct. 12, 2023
Hear from the leaders in loan advisory and special servicing during a panel on distressed assets at Connect Investment & Finance… Read more