California
City of Encinitas Acquires Coastal Land
Cushman & Wakefield advised the City of Encinitas in its acquisition of nearly two acres of land located at the… Read more
Construction Milestone Reached for Watsonville Affordable
Partners from the city, county and state joined to mark the construction framing milestone of Sparrow Terrace, MidPen Housing’s 14th… Read more
PMB, Santa Clara Valley Healthcare Partner on MOB
Healthcare real estate developer PMB and Santa Clara Valley Healthcare broke ground on a 10-story, 230,000-square-foot medical office building in… Read more
The District at Scottsdale Flips for $161.5M
KKR sold The District at Scottsdale, a 332-unit Class A residential building, for $161.5 million. Fairfield Residential was the buyer. The… Read more
Tiger’s New Golf Concept to Open Soon in Palm Beach Gardens
Tiger Woods and Rory McIlroy are teaming up on a virtual golf venue in Palm Beach Gardens, adjacent to Palm… Read more
Nominate a Standout Attorney for Connect CRE’s 2023 Lawyers in Real Estate Awards
For the fourth year in a row, Connect CRE has opened nominations for our annual Lawyers in Real Estate Awards.… Read more
TCC’S District NoHo Wins Planning Commission Okay
The Los Angeles City Planning Commission has approved District NoHo, a proposed joint development between the Los Angeles Metropolitan Transit… Read more
WNC Closes LIHTC Funds at $350M
WNC, an Irvine-based provider of investment, asset management and development services in the affordable housing industry, closed two institutional low-income… Read more
Kidder Mathews Hires Investment Sales Specialist in OC
Kidder Mathews has hired Jimmy Kim as an SVP in Orange County. He specializes in commercial investment properties in Southern California. … Read more
Shopoff Divests Chula Vista Townhome Project
Shopoff Realty Investments sold its fully entitled, 141-unit Moss Street Townhome in Chula Vista project to Shea Homes. The sale… Read more
CBRE Arranges $30M Refi for Single-Tenant Dixon Warehouse
CBRE secured $30 million in refinancing for the Dixon Commerce Center, a 447,042-square-foot warehouse building in Dixon, 23 miles from Sacramento. The sponsor… Read more
Banc of California Unveils $4B Community Benefits Plan
Banc of California and Rise Economy (formerly the California Reinvestment Coalition) devised a $4.1-billion, three-year Community Benefits Plan. The plan… Read more
Grosvenor Promotes Jonathan Carr to MD of Development
Grosvenor, a privately held property owner and developer, has promoted Jonathan Carr to the position of managing director of development.… Read more
Trion Properties Completes Disposition of Portland Area Assets
Trion Properties, a multifamily real estate investment firm based in California and Florida, completed the disposition of York Apartments, a… Read more
Target to Close Two Seattle Stores Amid Retail Crime, Safety Concerns
Two Seattle Target stores are part of the recently announced move by the big box store to close nine stores… Read more
Healthcare Real Estate Remains Stable But Challenges Persist
Uncertainty in the commercial real estate market was the obvious message from Connect Media’s conference on Orange County CRE last… Read more
Stockdale Unveils West LA Medical Office/Life Sciences Project
Los Angeles-based Stockdale Capital Partners unveiled a new medical office and life sciences development in West L.A.’s Golden Triangle. The 145,000-square-foot project,… Read more
Brooke Birtcher Gustafson Assumes Presidency of Family Firm
Birtcher Development, a five-generation, Newport Beach-based industrial real estate development firm, said Monday that Brooke Birtcher Gustafson will take on the new role… Read more
Dalfen/Centerbridge JV Buys in Inland Empire, NJ
The industrial outdoor storage (IOS) joint venture between Dalfen Industrial and Centerbridge Partners, L.P. has acquired two additional coastal IOS… Read more