California
Berkadia Facilitates $19M Sale of Chula Vista Apartment Complex
Commercial real estate services company Berkadia has facilitated the sale of C+C Flats, a luxury multifamily community in Chula Vista,… Read more
North Palisade Partners Acquires LA County IOS Site for $14M
Industrial development and investment firm North Palisade Partners has acquired a two-acre industrial outdoor storage (IOS) site in Rancho Dominguez,… Read more
Berkeley Student Housing Development Secures $10.5M Funding
Commercial real estate lender ACRES Capital Corp. has originated a $10.5 million loan to fund the acquisition and pre-development of… Read more
Sega Opens North American Headquarters in Irvine
Interactive entertainment company Sega of America has officially opened their North American headquarters at Innovation Office Park in Irvine, CA.… Read more
Boardwalk Secures $245M Refinancing for California Portfolio
JLL Capital Markets has closed $245 million portfolio financing on behalf of Boardwalk Investments Group for six properties in California:… Read more
Sonnenblick-Eichner Co. Arranges $22M Refi of LA Doubletree
Beverly Hills, CA-based real estate investment banking firm Sonnenblick-Eichner Company has arranged $22 million of non-recourse, first mortgage financing for… Read more
Rancho Mission Viejo Opens Unique Prefab Fire Station
Rancho Mission Viejo and Orange County Fire Authority (OCFA) officials have opened a first-of-its-kind prefabricated interim fire station in the… Read more
San Jose Abolishes Parking Restrictions for New Projects
San Jose, CA has become the largest U.S. City to drop minimum parking requirements for new developments, making it easier… Read more
Two Adjacent Riverside Retail Properties Trade for $4.2M
Progressive Real Estate Partners has brokered the sale of two adjacent single tenant retail properties on University Avenue in Riverside,… Read more
Century Investment Plans 24-Story Tower in Brentwood
Century Investment, LLC is looking to make some big changes along Wilshire Boulevard, proposing a 24-story, mixed-use building in Brentwood,… Read more
Strada & Trammell Crow Plan Floating Pool on SF Waterfront
For those who would like to jump into the San Francisco Bay but worry about sharks, pollution or the cold… Read more
Northmarq Finalizes $21M Acquisition Loan for LA Building
Northmarq’s Los Angeles debt/equity team has arranged the $20.8 million acquisition financing of 2024 and 2065 West 6th Street, a… Read more
Aroga Real Estate Snags San Diego Office Building for $7.5M
CBRE has arranged the $7.5 million sale of 5657 Copley Drive, an 18,000-square-foot office building in the Kearny Mesa submarket… Read more
Revitate Hires Lang as Commercial Real Estate Managing Director
Newport Beach, CA-based investment firm Revitate has tabbed Robert Lang as the Managing Director of Commercial Real Estate. In his… Read more
Las Vegas Value-Add Rental Community Yields 162K/Unit
Sunstone Properties from California purchased the Sutton Place apartments in Las Vegas for $37 million from the Bridge Investment Group… Read more
Vivo Investments Secures $45M Loan to Acquire, Convert Baltimore Hotel to Residence
Vivo Investments, LLC — a CA-based private real estate investment and property management company that specializes in converting low-demand hotels… Read more
California-Based Pacifica Real Estate Makes First Chicago-Area Buy
Colliers’ Jeff Devine and Steve Disse represented DSI Development in the sale of a 79,869-square-foot warehouse/distribution facility located at 1900 Maywood Dr. in Maywood,… Read more
RCLCO’s Real Estate Sentiment Index Reaches New Low as Recession Looms
The RCLCO Current Real Estate Market Sentiment Index (RMI), measuring sentiment on a 100-point scale, has decreased 26.9 points over… Read more
HSR Mixed-Use Project Breaks Ground on LA Waterfront
High Street Residential (HSR), the residential subsidiary of Trammell Crow Company, along with JV partner Principal Asset Management, have commenced… Read more