California
Realty Income & Plenty Team-Up for $1B of Indoor Farm Projects
Realty Income Corporation, a San Diego-based REIT, has formed a strategic alliance with indoor vertical farm developer Plenty Unlimited to… Read more
Trion Adds 11 Assets Valued at $489M in 2022
West Hollywood, CA-based private equity real estate firm Trion Properties scored a successful 2022, expanding its total multifamily portfolio to… Read more
Cushman & Wakefield Assigned Property Management at SRP
Cushman & Wakefield’s Northern California Asset Services has been awarded a 14-building, 1.1-million-square-foot and a 7-million-square-foot NNN ground lease property… Read more
DAUM Directs $9M Sale of Moreno Valley Development Site
DAUM Commercial Real Estate Services has directed the sale of a 15.6-acre land parcel in Moreno Valley, CA. Canadian investor… Read more
JLL: OC Office Vacancy Remains Below National Average
Real estate services company JLL has released a Q4 report on industry trends in Orange County, CA, and the results… Read more
Friedkin Realty Sees Big Gain in Schaumburg Apartment Sale
Nearly nine years after buying Fieldpointe of Schaumburg, a 396-unit apartment complex in Schaumburg, IL, San Francisco-based Friedkin Property Group has cashed… Read more
New York Leads Major Cities in Office Demand Recovery
New York City has regained almost 50% of its initial pandemic decline in new demand for office space, with Los… Read more
U.S. Home Value Declines $2.3T in Biggest Drop Since 2008
The total value of U.S. homes declined 4.9%, or $2.3 trillion, to $45.3 trillion at the end of 2022, down… Read more
iBorrow Provides $87M Acquisition Financing for Historic LA Hotel
Commercial real estate lender iBorrow has provided financing to hoteliers Ian Schrager and Ed Scheetz to enable their acquisition of… Read more
Tesla Unveils New Engineering HQ in Palo Alto
California Governor Gavin Newsom joined Tesla CEO Elon Musk on a tour of Tesla’s new global engineering and AI headquarters… Read more
Lew Horne to be Inducted into NAIOP SoCal Hall of Fame
CBRE’s Southern California President of Advisory Services Lewis “Lew” C. Horne will be inducted into the NAIOP SoCal Hall of… Read more
San Diego Loosens Zoning Rules for High-Rise Apartments
San Diego has taken a big step towards increasing affordable housing, as the City Council has approved loosening zoning rules… Read more
BIG Invests $13M in Rialto Industrial Project
Commercial real estate debt and equity investment platform Basis Investment Group (BIG) has announced the investment of $13.1 million in… Read more
Champion Refinances USC Student Housing Asset
Los Angeles-based Champion Real Estate Company has secured the $16.1 million refinancing of Victory on Portland, a 55-unit, 139-bed student… Read more
It’s No Mistake: Apartment Space IS Shrinking
Those looking for units in newer buildings these days might find themselves eyeing less space than in previous years. This… Read more
Upgraded, On-Campus Univ of Houston Hotel Ready for Business
It defines, on-the-job training. The University of Houston is preparing to unveil its newly renovated and expanded on-campus hotel following… Read more
YR Media Establishes Chicago Office Presence with Pilsen Lease
YR Media has secured a new physical space in the Chicago area to serve as the award-winning youth media nonprofit organization’s… Read more
Tuesday Morning Closing 31 Stores in California
The pandemic has taken another victim, as discount home goods retailer Tuesday Morning has filed for Chapter 11 bankruptcy, and… Read more
Perkins&Will Debuts Santa Monica Supportive Housing Project
Architectural design firm Perkins&Will has unveiled 11010 smB, the Weingart Center’s new permanent supporting housing development in Santa Monica, CA.… Read more