California
Marcus & Millichap Arranges Sale, Financing on San Jose Apartments
Marcus & Millichap arranged the sale and financing of Rancho Verde Apartments, located at 127 Rancho Dr. in San Jose.… Read more
UCLA Acquires Historic Trust Building in DTLA
UCLA has acquired the Trust Building, an 11-story, 334,000 square-foot high-rise near Pershing Square in downtown Los Angeles, for an… Read more
Is Recourse Lending Really THAT Scary?
The current environment of higher interest rates and decreasing valuations tends to open the door to negative media headlines. One… Read more
Berkadia Arranges 415-Unit Multifamily Sale in Lithonia, GA
Berkadia has announced the sale of The Quarry, a 415-unit garden-style multifamily property in Lithonia, GA. Senior Director Matt White,… Read more
The Conversation Around Implementing Green Certification (VIDEO)
“It’s about the money: are they going to recoup their investment in the long run.” That’s the start of the… Read more
Online Debt Marketplace PeerStreet Files for Chapter 11, Will Sell Off Its Assets
Peer Street, Inc. and its affiliated companies, headquartered in El Segundo, have filed for protection under Chapter 11 of the… Read more
Silverstein’s U.S. Bank Tower Completes Renovations to 54th Floor, Lobby
JRM Construction West completed a 12,000-square-foot demolition and renovation of the U.S. Bank Tower’s 54th floor and a 17,000-square-foot main… Read more
Ground Lease of Linden Walmart-Occupied Property Changes Hands
Cypress Equities and Stockbridge Capital Group have sold a ground lease of Legacy Square in Linden, NJ., to a partnership… Read more
CBRE Arranges 1031 Deal for OC Apartments
CBRE arranged the sale of two multifamily apartment communities totaling 38 units and $12.12 million in Orange County, in the completion… Read more
Waterton, Argosy Team to Redevelop Boutique Hotel Near Yosemite
Waterton, a Chicago-based national real estate investor and operator, has partnered with Argosy Real Estate Partners to acquire the Hounds… Read more
San Francisco Art Institute Campus Comes to Sale Market
Cushman & Wakefield has been retained to sell the historic San Francisco Art Institute campus at 800 Chestnut St. in San… Read more
Skanska Tapped to Manage Construction on SELA Cultural Center, Compton Park
The San Gabriel and Lower Los Angeles Rivers and Mountains Conservancy (RMC) selected Skanska Integrated Solutions to provide construction management… Read more
Austin Office Vacancy Rate on Rise
Nationwide, Austin had the biggest year-over-year spike in office vacancy through April, rising 590 basis points and hitting 22.0 percent.… Read more
CapRock Acquires Industrial Outdoor Storage in Pico Rivera
CapRock Partners purchased Olive Tree Industrial, a 3.1-acre value-add industrial outdoor storage (IOS) property at 8226 Whittier Blvd. in Pico Rivera.… Read more
Wood Investments Signs Tenant to Former Tower Records in Brea
Wood Investments Companies, Inc. has leased the former Tower Records location at 220 S. Brea Blvd. in Brea to UFC… Read more
Dermody Acquires San Bernardino Warehouse, Plans Upgrades
Dermody Properties acquired 5685 Industrial Pkwy. in San Bernardino for a reported $67.5 million. The 250,111-square-foot logistics facility is occupied… Read more
Imperial Beach Apartments Trade to Local Buyer for $19M
Marcus & Millichap arranged the sale of Hawaiian Gardens, a 64-unit apartment property located at 1031 Imperial Beach Blvd. in Imperial Beach. The asset sold… Read more
Mission Rock MXU Tops Out on Final Tower of Phase I
The Mission Rock Partners development team, a collaboration of the San Francisco Giants, Tishman Speyer and the Port of San Francisco,… Read more
TruAmerica Multifamily Refis Five Properties for $300M
TruAmerica Multifamily, a national, institutionally-focused multifamily investment firm, added to an already successful year with the $300-million refinance of five… Read more