California
Top-Tier Mall Operators Overcome Challenges Through Reinvention
The COVID-19 pandemic was widely expected to finish off the shopping mall. It didn’t. Although indoor malls, open-air lifestyle centers… Read more
Arrowpoint Properties Spears $27M Multifamily in Worcester
An affiliate of Lawrence, MA-based Arrowpoint Properties has completed its $26.7-million acquisition of ReNew Tatnuck Square, a 120-unit garden style… Read more
Hanley Arranges 1031 Deal for Grocery-Anchored Center in Columbus Metro
Hanley Investment Group Real Estate Advisors has arranged the sale of Perimeter Center, a fully leased 139,486-square-foot shopping center anchored… Read more
Ocean West Sells 7-Property Industrial Portfolio for Nearly $1B
El Segundo-based Ocean West Capital Partners and South Korea-based Tiger Alternative Investors have announced the sale of a seven-property logistics… Read more
Mixed-Use Development Breaks Ground in Mission Valley
Riverwalk San Diego, a 200-acre transit-oriented mixed-use development in Mission Valley, has broken ground in San Diego. Developed by Hines… Read more
Lovett Acquires 13-Acre Highland Site for Industrial Development
Houston-based real estate investment firm Lovett Industrial has made a 13-acre land purchase in Highland, CA. The firm plans on… Read more
Coldwell Banker Arranges $9M Pasadena Retail Building Sale
Coldwell Banker Commercial Realty has represented both buyer and seller in the $9 million sale of 1155 East Colorado Boulevard,… Read more
TMG Brokers $8.6M Sale of Anaheim Days Inn
The Mogharebi Group (TMG) has brokered the $8.6 million sale of a 44-key Days Inn by Wyndham Hotel adjacent to… Read more
Thornton Tomasetti Hires Jonathon Stage as VP in San Francisco
Structural engineering firm Thornton Tomasetti has welcomed Jonathon Stage as Vice President in San Francisco. In his new role, Stage… Read more
CMBS Special Servicing Sees First Increase Since Q3 2020
Although the CMBS delinquency rate continued to decline in August, Trepp warns that “with a broader recession predicted by economists… Read more
PGIM Provides $292M in Financing for CA Retail Portfolio
PGIM Real Estate is showing confidence in a retail sector rebound, as the firm is providing $292 million in floating… Read more
KeyBank Provides $49M Loan for Senior Housing Project
KeyBank Community Development Lending & Investment is providing $49 million of construction financing to 4132 Beyer, L.P., a collaboration between… Read more
Newmark Facilitates $45M Sale of Lancaster Shopping Center
Newmark has completed the $45 million sale of Valley Central, a 376,000-square-foot community shopping center in Lancaster, CA to an… Read more
DLA Piper Relocating to Stanford Research Park
Silicon Valley law firm DLA Piper is moving into new digs at Stanford Research Park on Hanover Street in Palo… Read more
Monarch Beach Resort’s $30M Makeover Nearly Complete
Ohana Real Estate Investors is in the final phase of a $30 million guest room makeover of the Waldorf Astoria… Read more
North Palisade Partners Expands Development Team
LA-based industrial investment and development firm, North Palisade Partners has added William Jacobs as a Senior Development Manager in Los… Read more
Uncertainty, Volatility and Cautious Optimism: The CMBA Western States Recap
The Aria Resort in Las Vegas was the scene of the 25th Annual Western States CREF Conference, hosted by the… Read more
Partners Capital Adds Perlman to Asset Management Team
Industrial real estate firm Partners Capital has announced the addition of Dominic Perlman as an Asset Management Associate. In his… Read more
BEI Battery Storage Projects Nearing Completion
Alameda, CA-based BEI Construction has announced that it is nearing completion of energy storage facilities in Porterville, CA (pictured), Rancho… Read more