California
WNC Welcomes Michael Egidi as Investor Relations VP
Affordable housing real estate firm WNC has announced the appointment of affordable housing finance veteran Michael Egidi as vice president… Read more
Ridgecrest Apartment Community Trades for $7M
CBRE has brokered the $7 million sale of the Norma Street Apartments, a 66-unit multifamily community in Ridgecrest, CA. The… Read more
Partner Engineering & Science Launches Valuation Business
Partner Engineering and Science, Inc. formed a new real estate valuation firm called Partner Valuation Advisors, to be led by commercial real estate industry leaders… Read more
DTLA Hospitality Continues Its Pandemic Rebound
The Downtown Center Business Improvement District (DCBID) has just released its second quarter Downtown Los Angeles (DTLA) Market Report, and… Read more
Hyatt Hotels Buys Hotel Irvine for $135M
The Irvine Company has sold the shuttered 541-room Hotel Irvine to Hyatt Hotels for $135 million, as the Chicago-based company… Read more
New Office Concierge Service Debuts in Sacramento
Basin Street Properties, a Reno, NV-based real estate firm, has launched a concierge services tenant amenity program across its office… Read more
Murrieta Hot Springs Changes Hands for $50M
Resort operator Olympus Real Estate Group has purchased the Murrieta Hot Springs Christian Conference Center and Bible College Campus for… Read more
Colliers Arranges Sale of San Diego Life Science Property
Colliers has announced the sale of Scripps Technology Plaza, a 62,000-square-foot office building in San Diego primed for life science.… Read more
JLL Hires Industrial Expert George Stavaris in Burbank
JLL has welcomed 20-year industrial real estate veteran George Stavaris as Managing Director, working out of the Burbank office. In… Read more
Dallas Area Rents Increase by 0.6% Last Month
Eventhough Dallas rents increased by 0.6% last month, the increase is lower than its been in previous months. The city’s… Read more
Alternative Asset Classes Prove to be an Attractive Haven for Capital
A recent capital markets report from Colliers finds that alternative assets, once on the periphery of commercial real estate investors’… Read more
Newmark Tapped to Lease Up Revamped Red Bank Office Campus
Newmark has been retained as office leasing agent for River Centre at 331 Newman Springs Rd. in Red Bank, NJ.… Read more
CRE Developer Rick Caruso’s LA Mayoral Bid Heats Up
Rick Caruso, one of the most successful real estate developers in Los Angeles, finds himself in a two-person runoff for… Read more
Clarion Acquires Chino Industrial Portfolio
Clarion Partners Real Estate Income Fund (CPREIF) has acquired three warehouse and distribution buildings totaling 110,000 square feet in Chino,… Read more
Sacramento Cannabis Portfolio Secures $20M Loan
Rainbow Realty Group, a real estate firm focused on the financing of retail, industrial and greenhouse properties associated with cannabis… Read more
Kidder Mathews Tabs Suzanne Laff as Century City Senior VP
Retail specialist and 25-year Southern California commercial real estate veteran, Suzanne Laff has joined Kidder Mathews’ Century City office as… Read more
Atlas Freight Commits to $7M Lease Extension in Otay Mesa
Colliers has arranged a 100,000-square-foot lease renewal at the Piper Ranch Logistics Center in the Otay Mesa submarket of San… Read more
Shopoff Acquires Another 12-Acre Parcel at Westminster Mall
Shopoff Realty Investments has acquired a 12-acre parcel that includes the operating Macy’s Department Store at Westminster Mall, in Westminster,… Read more
Tower Capital Taps Steve Chiles for New Denver Office
Tower Capital expanded into Denver with the addition of Steve Chiles, a veteran capital markets leader who will serve as… Read more