California
Gantry Arranges Refi on Palo Alto Offices
Gantry secured a $13.5-million permanent loan to refinance a timely maturity on a historic office building located at 384 University… Read more
Brookfield Trades Victoria Gardens Open-Air Center for $530M
Victoria Gardens, reportedly the fifth busiest open-air lifestyle center in the nation, has sold to a venture led by Redwood West and… Read more
Savills Acquisition of Eastdil to Create “Global Real Estate Powerhouse”
Savills plc on Thursday formally announced that it has agreed to acquire Eastdil Secured Holdings, LLC., creating what Savills called… Read more
IPA Capital Markets Arranges Financing on Two Luxury LA Multifamily Properties
IPA Capital Markets, a division of Marcus & Millichap, finalized the $44-million financing of two luxury multifamily properties in Los Angeles. Moderno… Read more
1031 Buyer Acquires Single-Tenant Pads in Murrieta
Hanley Investment Group Real Estate Advisors arranged the $6.9-million sale of two adjacent single‑tenant pads leased to Quick Quack Car… Read more
Northmarq Brokers $44M Sale of Omaha Metro Apartments
Northmarq’s Midwest Multifamily Investment Sales team of Parker Stewart, Dominic Martinez, Alex Malzone and Anthony Martinez arranged the $44.2 million… Read more
BRIDGE Housing Reaches First Close on Impact Fund with $92M-Plus
BRIDGE Housing, a San Francisco-based nonprofit affordable housing owner and developer on the West Coast, announced the first close of… Read more
Eagle Partners Pays $163M for Escondido Seniors Portfolio
Eagle Partners, a multifamily investment manager and operator focused on attainable housing, closed on a $162.5-million affordable housing preservation portfolio… Read more
Phillips Edison Snags Unanchored West Covina Retail Center
JLL Capital Markets represented a private seller in the $25.78-million sale of Shops at Plaza West Covina, a 46,406-square-foot shopping center located… Read more
Alex Heim Joins CBRE as SVP in Ontario Office
CBRE said Tuesday that Alex Heim has joined the firm as an SVP in the Ontario office. He will focus… Read more
Long-Stalled Redevelopment Commences at Bakersfield’s Former East Hills Mall
The development team behind City Lights, a 350,000-square-foot open-air retail destination planned for Northeast Bakersfield on the site of the former… Read more
Prologis Submits San Francisco Railyards Project for Planning Commission Review
Prologis has submitted plans for its San Francisco Railyards mixed-use project to the San Francisco Planning Commission. The project now… Read more
Sagard Real Estate, La Caisse Target U.S. Seaport Markets with IOS Venture
Sagard Real Estate (SRE), a leading U.S.-based real estate investment advisor and subsidiary of Sagard, and La Caisse have launched… Read more
EastGroup Eyeing 1M-SF Frisco Industrial Venture
EastGroup Properties plans to build a 98-acre warehouse development along SH 121 received the blessing from the Frisco City Council.… Read more
Slatt Capital Closes Financings in San Gabriel, Laguna Beach
Slatt Capital has closed two financing transactions totaling $27.25 million for a pair of properties in Southern California. The deals—involving… Read more
San Francisco’s 140 New Montgomery Nears Full Occupancy
CBRE and Pembroke said Monday that Reflection AI, an AI start-up company building frontier open-source models, and A*, an early-stage… Read more
Baldwin Hills Crenshaw Plaza Redevelopment Launches Phase I
City leaders and community stakeholders marked the groundbreaking of Phase 1 of the Baldwin Hills Crenshaw Plaza redevelopment, launching construction on… Read more
Green Street: February Brings Modest Pricing Growth; Data Centers Lead
The Green Street Commercial Property Price Index increased 0.2% in February. Over the past 12 months, the all-property index has… Read more
Slatt Arranges Life Company Financing for Pasadena Mixed-Use
Slatt Capital, a nationally recognized commercial mortgage banking firm, closed a financing transaction totaling $10.2 million for a mixed-use project in… Read more