California
Stockdale Commits $20M for Phoenix Life Science Conversion
Los Angeles-based real estate investment firm Stockdale Capital Partners is committing over $20 million on a major renovation plan to… Read more
CBRE Brokers $19M Sale of Historic DTLA Building
A Bay Area-based family office has paid $19 million for the Garfield Building, a 102,000-square-foot building in Downtown Los Angeles.… Read more
Report: San Francisco Life Sciences Sector Continues to Roll
The life sciences industry in the San Francisco Bay Area is one of the fastest-growing life sciences markets in the… Read more
Ryan Companies Announces Team Additions in San Diego
Real estate firm Ryan Companies US, Inc. has announced a pair of personnel moves in San Diego, promoting Ryan Grove… Read more
R.D. Olson Begins Work on Ontario Multifamily Project
General contracting firm R.D. Olson has broken ground on Phase 2 of Emporia Place, a 50-unit affordable multifamily complex in… Read more
Red Car Equity’s $418M Fund II to Focus on Austin
Redcar Fund Management has closed on Redcar Fund II (“Fund II”) with $418 million in equity commitments. Through its debut… Read more
Hanley Investment Group Arranges Sale of IE Car Wash
Corona Del Mar, CA-based Hanley Investment Group has arranged the sale of Fast5Xpress Car Wash, a new-construction, single-tenant property in… Read more
Wells Fargo Starts Work on its $455M Irving Regional HQ
Locally based developer KDC has broken ground on an 850,000-square-foot office campus in Irving’s Las Colinas district that will serve… Read more
GI Partners Pays $211M for AT&T Broadcast Complex in LA
GI Partners, on behalf of its Essential Tech + Science (ETS) Fund, has purchased 12800 Culver Boulevard, a 185,000-square-foot facility… Read more
EAH Housing Breaks Ground on Hayward Affordable Complex
Non-profit affordable housing developer EAH Housing has started construction on Mission Paradise, a highly-amenitized apartment community for low-income seniors in… Read more
NewMark Merrill Acquires Northridge Shopping Center
Calabasas, CA-based retail center owner and developer NewMark Merrill has purchased Corbin & Parthenia shopping center, an 84,000-square-foot retail center… Read more
TMG Brokers $15M Sale of Fresno Multifamily Community
Costa Mesa, CA-based real estate investment and advisory firm The Mogharebi Group (TMG) has arranged the sale of Birch Commons,… Read more
Skanska Promotes Two Industry Veterans in Riverside
Development and construction company Skanska has announced the promotions of Bill Hadley and John Matich to Vice Presidents of Operations… Read more
Tucson Resort Flips for Record Price
Tucson is home to a number of luxury, high end resorts, but until recently none had sold for more than… Read more
Measure ULA and LA CRE: Q&A with Colliers’ Sean Fulp
On April 1, 2023, the “Homelessness and Housing Solutions Tax,” also known as Measure ULA, came into effect, impacting the… Read more
California Apartment Vacancy at Highest Level Since 2021
The pandemic-driven housing surge in California is winding down as the Golden State is seeing cheaper rents and the most… Read more
Champion Secures $41M Refi of Fullerton Student Housing Complex
Despite a turbulent capital markets climate, Champion Real Estate has secured a $40.5 million refinance of University Village Fullerton, a… Read more
JLL Closes $40.5M Sale of Fremont Retail Centers
Sterling Organization has acquired Franciscan Center and Mohave Center, two adjacent retail properties in the Warm Springs district of Fremont,… Read more
Equity Residential Opens First Units at Renovated Coastal Community
Real estate development and management firm Equity Residential has opened 87 upgraded residences at the Pearl Apartments in Marina del… Read more