California
Evergreen Healthcare Group Acquires EmpRes Healthcare
Evergreen Healthcare Group acquired EmpRes Healthcare, adding 46 senior care facilities across six states to its footprint, four of which… Read more
Berkadia Negotiates MF Property Sale in St. Louis
Berkadia closed the sale of Majestic Stove Lofts, a 120-unit, loft-style multifamily property in St. Louis, Missouri. Managing Directors Andrea… Read more
Another Use for Abandoned Office Space: Satellite Campuses
Pictured: ASU’s Downtown Los Angeles campus. Photo courtesy of Arizona State University There’s been plenty of thought dedicated to this… Read more
New Entertainment Option Opens in Fairview
The company says its an eatertainment venue, cocktail bar, and a chef-inspired restaurant where shuffleboard is king and nostalgic games… Read more
Cityview, Stockbridge Launch Construction in LA’s South Bay
Cityview and Stockbridge have commenced construction on Apollo, a 265-unit multifamily development in Los Angeles’ South Bay. Slated for completion in 2025,… Read more
Cushman & Wakefield Adds Hospitality Capital Markets Team in OC
Cushman & Wakefield has added a hospitality capital markets brokerage team in Orange County led by executive director Aseem Tandon… Read more
StarPoint Goes Full Cycle on OZ Investment with 242% ROI
StarPoint Properties closed the $49.5-million sale of 6th Street Point, a new 179,000-square-foot industrial property located on a 9.8-acre site… Read more
El Cajon Mobile Home Park Sells to Local Investor
Marcus & Millichap closed the sale of Shady Lane Mobile Home & RV Park, a 100% occupied, 41-site manufactured homes… Read more
MG Properties’ $90M Multifamily Buy Expands Bay Area Presence
MG Properties, a real estate investment and management company based in San Diego, acquired Artist Walk Apartments, located in Fremont, from… Read more
PGIM Real Estate Provides $455M Loan on SoCal Industrial Portfolio
PGIM Real Estate has provided $455 million in fixed-rate financing on behalf of its core lending strategy to Alere Property Group… Read more
JV Converts Henderson Offices to Retail
A joint venture between Los Angeles-based Partners Capital Inc and Las Vegas-based CNR Retail acquired Green Valley Corporate Center South,… Read more
Sentral Grows Management Portfolio by Two LA Properties and One in Philly
Sentral, a full-building residential hospitality operator, said Tuesday it will manage two new luxury residential communities in Los Angeles: Figueroa… Read more
Physicians Realty Trust’s Dan Klein on the Post-Pandemic Healthcare Landscape
Ahead of Connect Healthcare Real Estate, taking place Sept. 27-28 at VEA | Newport Beach Marriott, Connect CRE is sounding… Read more
Reyes Coca-Cola Bottling Scales Up Rancho Cucamonga Presence
Reyes Coca-Cola Bottling revealed $500-million plans for a substantial expansion of its operations at its current facility in Rancho Cucamonga. The… Read more
JLL IPT Fully Subscribes $90M Life Sciences Offering
JLL Income Property Trust announced that it has fully subscribed JLLX Ardenwood, DST. The $90 million, two-property life sciences portfolio, located… Read more
Rady Children’s Hospital Breaks Ground on $1.2B Expansion
Rady Children’s Hospital-San Diego broke ground recently on the largest construction project in its nearly 70-year history: a seven-story, 500,000-square-foot… Read more
Lendlease Names Americas Development Lead in San Francisco
Lendlease has appointed Meg Spriggs to the role of managing director of development for the Americas, effective Oct. 1. Currently… Read more
CA Legislature Approves Bill to Spur Housing in Cities That Lag State-Mandated Goals
California lawmakers approved legislation on Monday to expand a housing law that has led to the construction of thousands of… Read more
Allen Matkins’ William Ahern Sees Slowdown in CRE Lending, Trades
For a reading of current market conditions in commercial real estate, it’s difficult to find a better vantage point than… Read more