California
California People and Company News for Sept. 22, 2023
Connect Orange County will take place Sept. 27, 2023 at VEA | Newport Beach Marriott in Newport Beach, concurrently with… Read more
Vitus, LIHC Preserve Affordable Units in Santa Fe Springs
Vitus, a national developer and owner of affordable housing, and LIHC Investment Group, one of the country’s largest affordable housing owners,… Read more
Newmark’s Garth Hogan on Healthcare Real Estate Priorities
At Connect Healthcare Real Estate 2023, scheduled for Sept. 27-28 at VEA | Newport Beach Marriott, you’ll hear from a… Read more
Pannikin Coffee & Tea Expands from San Diego to Oceanside
Urban Property Group (UPG) secured the lease of Pannikin Coffee & Tea at 322 N. Cleveland St. in Oceanside. Situated… Read more
San Jose Outperforms on Apartment Rent Growth
San Jose’s average-quality apartment rents jumped by 4.8% in the first half of 2023, the second-highest growth among the top… Read more
PGIM Real Estate Provides $115M to Barings for Playa Vista Acquisition
PGIM Real Estate has provided $114.61 million in fixed-rate financing on behalf of its core lending strategy to Barings Real… Read more
Return to Lender: Week of Sept. 21, 2023
As part of our expanded coverage of distressed assets, Connect CRE is introducing a new weekly feature, “Return to Lender.”… Read more
JLL Adds Two Manufactured Housing Experts to Portland Office
JLL Capital Markets has added to its team, with Senior Director Anja Jauregui and Director Robert Nisbet joining its manufactured… Read more
ExchangeRight Acquires Net-Leased Portfolio via REIT
ExchangeRight said Wednesday that its Essential Income REIT has acquired a portfolio of 15 net-leased assets for $84 million, adding… Read more
Related, Segerstrom Propose 5,000 Residences in Adjacent Projects
Redevelopment plans for two aging shopping centers may introduce a new kind of living to the South Coast Metro area… Read more
Amazon to Hire 16K Seasonal Workers in IE, SoCal
Amazon plans to add 16,000 workers to its warehouse network in Southern California and 30,000 across the state, part of… Read more
CREW San Diego Slates Silent Auction Fundraiser
CREW San Diego, a membership organization dedicated to promoting, educating and supporting professionals in the field of commercial real estate,… Read more
Pacific Workplaces Expands to Cupertino
Pacific Workplaces, a San Francisco-based coworking company and hybrid work solutions provider, will open a new flex office space at 10080… Read more
Disney to Spend $60B on Parks Over Next Decade
The Walt Disney Co. will accelerate and expand its capital spending in its Disney Parks, Experiences & Products division to… Read more
SIORs on Industrial’s Challenges: Costs and Availabilities
For both industrial real estate owners and tenants, managing costs is top of mind in the current market, while for… Read more
Over 550 NY Office Buildings Fit for Conversion
Researchers from Columbia University and New York University have identified more than 550 office buildings in New York City that… Read more
MODLOCK Leases Pasadena Space for Showroom
Home security and safety company MODLOCK has signed a 1,680-square-foot retail lease at 15 E. Holly St. in Pasadena. The new space… Read more
TruAmerica Snags Santa Ana Apartments for $103M
TruAmerica Multifamily expanded its Southern California portfolio with the $102.9-million acquisition of Nineteen01, a 264-unit apartment asset located at 1901 E.… Read more
Environmental Consultant RMA Makes NorCal Acquisition
RMA Companies, headquartered in Rancho Cucamonga, has acquired A3GEO, a provider of geotechnical, geologic and earthquake engineering services in Northern California.… Read more