California
PMB, Sutter Health Launch Construction on Roseville MOB
PMB, a leading healthcare real estate developer, has broken ground on a four-story, 100,000 square-foot medical office building in Roseville, in… Read more
California Chamber Adds SB 220 to “Job Killer List” for Raising Corporate Tax Rate
The California Chamber of Commerce has added SB 220 to its 2023 Job Killer list, saying the bill would cut… Read more
Banyan Secures $73M Loan to Build 399-Unit Denver Rental Property
Banyan Residential plans to build a 399-unit multifamily building at Picadilly Road and East 65th Avenue, just east of the… Read more
Santa Ana Shopping Center Fetches OC’s Highest Price in Months
Hanley Investment Group Real Estate Advisors recently completed the sale of Bristol Place, a 61,454-square-foot multi-tenant shopping center shadow-anchored by Target… Read more
Landsea Closes on 144 Townhomes for New Ontario Neighborhood
Landsea Homes Corporation has closed on 144 townhomes for a new neighborhood, Eave II, at the Neuhouse master planned community in… Read more
New-Construction Carlsbad Multifamily Trades for $2.1M Per Unit
Marcus & Millichap closed the sale of 312 Hemlock Ave. a four-unit apartment property located in Carlsbad. The sale price was $8,500,000.… Read more
DivcoWest Signs Oncology Company in South San Francisco
IDEAYA Biosciences, a clinical-stage precision medicine oncology company, is coming to DivcoWest’s 5000 Shoreline Ct. The property is a 140,000-square-foot… Read more
Fairfax Financial Takes 95% Stake in PacWest Construction Loan Portfolio
Toronto-based Fairfax Financial Holdings Limited will acquire an approximately 95% interest in the 74 real estate construction loans that Kennedy Wilson Holdings… Read more
PLANTA Brings Plant-Based Restaurant Concept to SoCal
PLANTA, a plant-based hospitality group, is expanding to Los Angeles with the opening of PLANTA Cocina in Marina del Rey.… Read more
Doubling Down on Data in Elk Grove Village
One of the country’s largest data center operators is selling a majority stake in two Elk Grove Village, IL properties,… Read more
Ohana Sells Partial Stake in Waldorf Astoria Monarch Beach
Ohana Real Estate Investors has sold a partial ownership stake in the 400-key Waldorf Astoria Monarch Beach Resort & Club… Read more
CapRock Completes Duo of Industrial Projects in Norco
CapRock Partners, a privately owned industrial real estate investor, developer and asset manager in the Western U.S., has completed Palomino Ranch Business… Read more
Kidder Mathews Adds Office/Flex Specialist in Bay Area
Simon Vogt, SIOR has joined Kidder Mathews’ Pleasanton office as an SVP, bringing nearly two decades of industry experience and specializing in… Read more
Park Hotels Walks Away from $725M CMBS on Two San Francisco Properties
Park Hotels & Resorts Inc. said it would cease making payments toward a $725-million non-recourse CMBS loan which is scheduled to mature… Read more
Food Ingredients Maker Relocates Warehouse to New Facility in Gardena
Puratos U.S., a leading bakery and sweet goods ingredient company, is expanding its West Coast operations with two key investments… Read more
Wilshire Capital Divests Vacant Irvine Offices
CBRE arranged the sale of 17900 Von Karman, a 70,964-square-foot Class A office building in Irvine. Wilshire Capital Partners sold… Read more
JLL Secures Refi for Oceanside Shopping Center
JLL Capital Markets arranged the $12.05-million refinancing of Mission Promenade, a 105,700-square-foot, dual grocery-anchored shopping center located within the San Diego area… Read more
Bay Area Team Joins Kidder Mathews from Marcus & Millichap
Louis Kwok and Gabriel Sahagun have joined Kidder Mathews’ Pleasanton office, and Ed Vergara has joined the firm in Silicon… Read more
California Bill Expanding Rent Control Fails to Pass
The California Apartment Association claimed victory in opposing SB 466, legislation that would have authorized cities and counties to expand… Read more