California
Hotel Per La Opens in Downtown Los Angeles
Hotel Per La Los Angeles, a 12-story, 241-room lifestyle property, has opened at the former site of the NoMad Hotel… Read more
Affordable Housing Equity Firm Acquires El Cajon Community
Irvine-based Preservation Equity Fund Advisors (PEF), an equity firm that acquires and preserves existing affordable housing in high-cost markets, has… Read more
Brentwood Assisted Living Community Trades for $39M
JLL Capital Markets has closed the $39M sale of Cortona Park, an assisted living community in Brentwood, CA. JLL’s Managing… Read more
Carlsbad Office Sells for $6.5M to Local Investor
Cushman & Wakefield has brokered the $6.5 million sale of a 12,000-square-foot office property in Carlsbad, CA. The complex, located… Read more
Trumark Homes Community Opens for Sale in Riverside
Vistas at Mockingbird Canyon, a collection of large, single family residences built by Trumark Homes, have begun selling in Riverside,… Read more
Concord Names Samuel Landman as CIO
Concord Capital Partners has announced that Samuel Landman has joined the company as Chief Investment Officer. In his new role,… Read more
Duo of ECE-Leased Facilities in Atlanta Burbs Sells for $15M
Stan Johnson Company has completed the $15-million sale of two early childhood education facilities located in the Atlanta submarkets of… Read more
Dream Las Vegas on the Rise
The 531-room hotel will rise 20-stories and cost $550 million. Shopoff Realty Investments and Contour jointly acquired the land, entitled… Read more
The Swig Company Sells Suburban Dallas HQ Building
Fashion designer and manufacturer Fossil Group leases the entire 536,000 square foot commercial building in Richardson. It’s Fossil’s global headquarters.… Read more
CushWake: Bay Area Life Science Market Sees Major Growth
The Bay Area life science market, already the largest in the nation, has seen exponential growth in the last five… Read more
CBRE Arranges Sale and Financing of Morgan Hill Industrial Site
The former Shoe Palace industrial facility in Morgan Hill, CA has been sold by Bridge Group Investments, LLC to Ridge… Read more
LPC Acquires Two LA Multifamily Assets
Langdon Park Capital (LPC) has purchased a pair of multifamily real estate assets in the Los Angeles area. The two… Read more
San Diego Industrial Market Tightens in 2nd Quarter
A Kidder Mathews market report indicates that San Diego County industrial leasing activity has slowed in the 2nd quarter as… Read more
Riverside Plaza Welcomes Two New Tenants
Outdoor shopping center Riverside Plaza has added Burlington Stores and Tillys to its growing retail lineup in Riverside, CA. The… Read more
Multifamily Developer Purchases Huntington Beach Property
CBRE has brokered the purchase of four parcels totaling just over 4 acres in Huntington Beach, CA. The property, sold… Read more
Aries Capital Closes $46M of Financing for Self-Storage Properties
Chicago-based Aries Capital closed $46 million in construction, bridge and permanent debt financing for new and existing self-storage facilities in… Read more
IT’SUGAR Expands in NYC with Former Modell’s Times Square Site
In a transaction arranged by CBRE, IT’SUGAR, a specialty candy store, has committed to a new retail lease at 234… Read more
U.S. Ranks On Top as World’s Most Expensive Place to Build
When it comes to increasing construction costs—including labor and materials costs—the United States dominates rankings of the most expensive places… Read more
New Olympia Apartment Community Trades for $21M
The Mogharebi Group has helped arrange the $21 million sale of Crescent Point, a newly constructed, 62-unit multifamily property in… Read more