California
Palm Springs Hotel Earns Top KAYAK Award
KAYAK travel search engine has recognized the Inn at Palm Springs with the 2022 Travel Award as a property that… Read more
North Pacific Beach Apartment Trades for $4M
Marcus & Millichap has arranged the $4 million sale of an 8-unit multifamily property in the North Pacific Beach neighborhood… Read more
IMG Acquires 250-Unit Multifamily near Clemson University for $43M
Woodland Hill, CA-based Investors Management Group, Inc., has acquired The Whitley Apartments in the Greenville submarket of Central, SC for… Read more
Taking Off: The Live-Work-Play Concept
The idea of living in a rental unit that’s close to work and entertainment isn’t new—it’s been around for decades.… Read more
Skanska’s Clare De Briere Talks LA Projects, Values and Community
“Care for Life”. It’s a core value for development and construction company Skanska, that they take very seriously. So seriously… Read more
Rexford Buys Hotel Fullerton Site; Will Construct Industrial Facility
Cushman & Wakefield brokered the sale of the shuttered Hotel Fullerton property in Fullerton, CA that is being slated for… Read more
CBRE Arranges $35M Sale of San Leandro Industrial Property
CBRE represented both parties in the $35 million sale of a small-bay industrial property in San Leandro, CA. The firm’s… Read more
Halozyme Therapeutics Leases 73,000SF in Del Mar Heights
Cushman & Wakefield represented biopharmaceutical company Halozyme Therapeutics in leasing 73,000 square feet of Class A space at the Del… Read more
Westside LA Office Property Trades for $33M
Newmark has completed the $33 million sale of 640 North Sepulveda, a two-story, 46,000-square-foot office building in Los Angeles. Newmark… Read more
California Bill Could Prohibit Some IE Warehouse Projects
The State of California has narrowly passed a bill in the Assembly that would shut down warehouse developments in Riverside… Read more
JLL Capital Markets Closes on Nationwide Portfolio of Grocery Anchored Retail Venues
JLL’s Capital Markets group has closed on the $278.153-million sale of a portfolio comprising eight grocery-anchored retail properties totaling 687,000… Read more
Walker & Dunlop Arranges $162M for Completion of Mandarin Oriental Residences Fifth Ave.
Walker & Dunlop, Inc. has arranged $162.4 million in construction financing for Mandarin Oriental Residences, Fifth Avenue, New York City’s… Read more
Green Street’s Dirk Aulabaugh: Inflation, Rising Rates Top of Mind for Investors
Commercial real estate investment doesn’t exist in a vacuum, but some macroeconomic environments are more challenging than others. Over the… Read more
Fed Announces Biggest Rate Hike Since 1994
(UPDATED WITH ADDITIONAL INFORMATION) Ending weeks of speculation, the Federal Reserve on Wednesday announced it would raise the federal funds… Read more
One Beverly Hills Hotel Development Names Aman as Operator
Alagem Capital and Cain International have announced that the 18-acre, One Beverly Hills project in Beverly Hills, CA will include… Read more
Chicago Company Invests in IE Industrial Facility
Illinois-based CenterPoint Properties has acquired a 211,000-square-foot industrial complex in Jurupa Valley, CA, the company’s fifth Inland Empire purchase in… Read more
West Hollywood Redevelopment Property Trades for $47M
CBRE has announced the sale of a 1.6-acre property on North La Brea Boulevard in West Hollywood, CA for $47… Read more
San Diego Industrial Asset Sells for $17M
Stos Partners and partner Long Wharf Capital announced the disposition of a 55,000-square-foot industrial property in the Miramar submarket of… Read more
South City Affordable Senior Housing Gets $19M Refi
CPC Mortgage Company and BRIDGE Housing have announced a $19 million refinancing package to preserve the Magnolia Plaza Senior Apartments… Read more