California
Swig Company Names Director of Asset Management
Will Sandman has been named director of asset management at The Swig Company, with the title of EVP, and will oversee the… Read more
Reuben Brothers Rebrands Luxury Residential Towers in Century City
Reuben Brothers on Monday announced a rebranding of its striking twin 44-story residential towers in its Century Plaza development within… Read more
Tucson Mall Acquired for $87M
Park Place Mall has been a focal point in Tucson shopper’s minds since the 70s. Like most malls, it has… Read more
JLL Hires EV Specialist as Leasing Rep
JLL has hired office leasing expert Hunter Brown as VP. With a specialty in the electric vehicle sector, Brown will specialize… Read more
San Clemente MOB Sells for $436/SF
CBRE recently negotiated the sale of 1300 Ave. Vista Hermosa, a 27,535-square-foot medical office building in San Clemente, at approximately… Read more
Mixed-Use Beaumont Portfolio Trades with Upside on Rents
Marcus & Millichap closed the sale of a 17-property multifamily and retail portfolio in Beaumont. The assets sold for a total of… Read more
Northmarq Arranges Refi on New-Build Chula Vista Multifamily
Northmarq’s San Diego team of managing director Aaron Beck and VPs Wyatt Campbell and Conor Freeman, in partnership with Mikee… Read more
Arts and Education Nonprofit Inks Lease at Brookfield’s Pier 70
Brookfield Properties has leased space at Pier 70’s restored historic Building 12 to arts and education nonprofit The Plenary, Co., adding… Read more
LaTerra Scores $144M Bridge Loans on LA Multifamily Projects
PGIM Real Estate provided a combined $143.5 million of floating-rate bridge loans to LaTerra Development, LLC for two newly constructed,… Read more
Madison Realty Capital Commits $115M for Redevelopment in LA’s Koreatown
Madison Realty Capital (MRC) has upsized its initial bridge loan to a total commitment of $115 million for a construction… Read more
Stream Realty Adds Property Management Lead for SoCal
Shane Flanigan has joined Stream Realty Partners as managing director of property management, responsible for day-to-day oversight of Stream’s Southern California property management… Read more
CBRE Lines Up $99M Financing on San Diego Mid-Rise
CBRE secured $99.4 million in construction financing and preferred equity for developing Ion Aero, a 302-unit mid-rise multifamily community located… Read more
Hines Completes Renovations to 101 California Office Tower
Hines announced the completion of renovations to 101 California, the 48-story tower, 1.2 million-square-foot office tower in San Francisco’s Financial District. The… Read more
UCLA Anderson Forecast: No Recession but Weak Economy in 2024
The latest quarterly UCLA Anderson Forecast foresees a weak economy in 2024, followed by a return to trend growth rates… Read more
Avison Young Names Industrial Operations Leader
Avison Young added Los Angeles-based Patricia Perman as principal and director of client operations, Industrial. As leader of the firm’s… Read more
CBRE Arranges Two Anaheim Multifamily Deals
CBRE arranged the sale of two multifamily rental communities totaling 20 units for more than $5.5 million in Anaheim to… Read more
IPA Closes Two Puget Sound Multifamily Asset Sales
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of two multifamily assets in Des… Read more