California
Faris Lee Completes $14M Presale of Tesla-Leased Property
Faris Lee Investments has completed the $14 million presale of a 10-year triple net lease property occupied by Tesla Motors… Read more
Muinzer Reacquires Village West Near Purdue U. Campus
Student housing investor Muinzer has reacquired Village West near Purdue University in West Lafayette, IN, for an undisclosed sum in partnership… Read more
Semiconductor Vendor to Expand Arizona Operation
Intel and Taiwan Semiconductor Manufacturing Co. have found a home in Arizona. And they need instate vendors to keep the… Read more
EverWest Snaps Up Carson Industrial with IOS Potential
EverWest Real Estate Investors has completed its second industrial acquisition in less than a month, purchasing a 101,175-square-foot warehouse at 2848… Read more
JLL Lines Up Construction Loan for AC Hotel by Marriott
JLL Capital Markets recently arranged $36.8 million in construction financing for 550-566 E Colorado Blvd., a 194-key, six-story hotel development… Read more
MMCC Arranges Refi on Vista Townhome Complex
Marcus & Millichap Capital Corporation (MMCC) arranged a $15.043-million loan to refinance Santa Fe Townhomes, a 45-unit multifamily property located… Read more
EAH Housing Launches Two-Phase Seniors Project in Richmond
Nonprofit housing development and management organization EAH Housing has launched work on a two-phase affordable housing project, Nevin Plaza. Located… Read more
NCPM Expands South Shore Apartment Holdings
A local apartment investor has greatly expanded its holdings in Chicago’s South Shore neighborhood, paying $22 million for two properties… Read more
Schnucks Supermarket in Rockford Trades to California Investor
Quantum Real Estate Advisors brokered the sale of an 82,500-square-foot single-tenant NNN Schnucks grocery store located at 2642 Charles St.,… Read more
Newsom Unveils Roadmap Toward Goal of 100% Clean Energy by 2045
California Gov. Gavin Newsom on Thursday unveiled a roadmap for reaching the state’s goal of 100% clean energy by 2045.… Read more
Affordable Housing Developer Standard Communities Lands Nation First B Corp Certification
Standard Communities, a national affordable housing developer and investor, has become a certified B Corporation, making it the first national… Read more
Colliers Takes Over Leasing, Management at DTLA’s EY Plaza
Colliers has been awarded the leasing and property management assignment of Downtown Los Angeles’ EY Plaza, formerly Ernst & Young… Read more
Byline Bank Lends $14M on Self-Storage Build in Paramount
Byline Bank’s Commercial Real Estate team has provided a $13.67-million construction loan to Madison Capital Group, a Charlotte-based real estate… Read more
California Apartment Assn. Slates Rental Round-Up Events for San Diego, Sacramento
The California Apartment Association has scheduled two upcoming Rental Housing Round-Up events in San Diego and Sacramento. These in-person gatherings… Read more
Jonathan Rose Launches First San Francisco Project
Jonathan Rose Companies announced the closing and start of construction of Hunters Point Shipyard Blocks 52 & 54, a 112-unit… Read more
Blackstone’s Club Quarters Chicago Appears Headed for Foreclosure
The 429-key Club Quarters Chicago hotel in the Central Loop appears headed to foreclosure after negotiations stalled on a delinquent… Read more
CA Senate Passes Bill Permitting Restaurants, Bars to Participate in Street Fairs
The California State Senate voted unanimously to pass Senate Bill 76, which allows cities to create temporary “Entertainment Zones” in public… Read more
San Diego’s First Multi-Mixed-Use Tower Tops Out
Holland Partner Group, North America Sekisui House and Lowe have reached the topping out phase in the development of West,… Read more
An Obstacle to Data Center Sustainability? Outdated Power Infrastructure
It’s been said before – data centers are huge energy guzzlers, even as they release vast amounts of carbon into… Read more