California
Holy Names University For Sale After Loan Default
Holy Names University (HNU) announced earlier that it would be closing its doors at the end of this school year,… Read more
BWE Closes $58M Loan for Santa Barbara Apartment Complex
The Irvine, CA office of mortgage banking company Bellwether Enterprise Real Estate Capital (BWE) has closed a $58 million loan… Read more
Turnbridge Launches IOS Strategy with $18M LA Purchase
New York-based real estate investment and development firm Turnbridge Equities has launched its industrial outdoor storage (IOS) portfolio with the… Read more
Kidder Mathews Arranges $11M Sale of Hollywood Office Building
Brian Ballard of Ballard Partners has purchased 743 Seward Street, a newly-constructed, 11,000-square-foot office building in the media district of… Read more
Report: Inland Empire Multifamily Market Poised for Solid 2023
Despite a slight rise in the vacancy rate and a modest drop in asking rents in the fourth quarter of… Read more
Skanska Appoints Laura Hawley as VP in San Francisco
Development and construction company Skanska USA has appointed Laura Hawley as VP of Business Development for Skanska USA Building. Based… Read more
Red Oak Provides Bridge Loan on Hoffman Estates Offices
Red Oak Capital Holdings, a Grand Rapids, MI-based commercial real estate finance company, has provided an $8.3-million bridge loan for Prairie Stone… Read more
AI and Data Centers: A Perfect Marriage?
Though artificial intelligence has been around for years (think Amazon’s Alexa and Apple’s Siri), the introduction of chatbot ChatGPT really… Read more
Intel Looks to Sell 25-Acre Innovation Campus in San Jose
Major tech companies have not been immune to the current economic volatility with layoffs and office closings frequently in the… Read more
Lument Secures Acquisition, Refi Loans for Two Texas Senior Care Facilities
Lument has provided a $21.1 million bridge loan for the refinancing of Hermann Park, an 80-bed seniors housing property in… Read more
Culver Steps Mixed-Use Project Reaches 100% Occupancy
Kennedy Wilson Brokerage and Hackman Capital Partners have announced that The Culver Steps, a 120,000-square-foot mixed-use development in Culver City,… Read more
JLL Completes $13M Sale of Orinda Boutique Office
While the office market continues to struggle in urban areas, the right property in the right location can still make… Read more
San Diego Firm Secures Acquisition Loan for Monterey Asset
The JLL Capital Markets team of Bryan Clark and Brad Vansant has arranged the $13.1 million acquisition financing for The… Read more
Residences Now Selling at Landsea’s Fontana Development
Homebuilder Landsea Homes has begun selling residences at Narra Hills, a new gated master-planned community in Fontana, CA. The development… Read more
California Home Prices Plunge 18% in 10 Months
The pandemic-driven home value spike in the Golden State has come to a crashing halt, as the California Association of… Read more
Highgate & Flynn Acquire Distressed Nob Hill Hotel
The historic Huntington Hotel atop Nob Hill has been taken over by hotel company Highgate and real estate investment firm… Read more
Stockdale Buys Texas Shopping Center for $47.5M
Los Angeles-based real estate investment firm Stockdale Capital Partners has acquired Arboretum Crossing, a 20-acre, 192,000-square-foot shopping center in Austin,… Read more
Concordia University Expands Nursing Program with Office Buy
Concordia University Irvine has expanded its Nursing program with the $43 million purchase of a 114,000-square-foot office building in the… Read more
Longpoint Snags New Montclair Shopping Center for $23M
Boston-based real estate investment company Longpoint has acquired Cardenas Marketplace, a specialty grocery-anchored shopping center in the Inland Empire city… Read more