California
Seattle Among Top Markets for CRE Investment, Report Says
The Seattle area is hot, ranking fifth nationwide in CrowdStreet’s latest national report of the top commercial real estate markets… Read more
KIMCO Adds New Retailers to Two Shopping Centers in Washington State
Kimco Realty, owner and operator of grocery-anchored shopping centers nationwide, is bringing new retailers to two Washington state shopping centers. They… Read more
NewMark Merrill Trades Melrose Park Space to Cermak Fresh Market
NewMark Merrill Companies has sold a 90,000-square-foot building at Winston Plaza, a 400,000-plus-square-foot community center in Melrose Park, IL. Cermak Fresh Market… Read more
Cambria Hotels Continues Texas Expansion With New Hotel in Austin
Franchised by Choice Hotels International, Inc., the Cambria brand continues to expand in Texas with the new opening of the… Read more
Veleta Capital, Oaktree JV on Institutional Lending Platform
Veleta Capital, LLC and funds managed by Oaktree Capital Management, L.P. have launched a strategic joint venture, Veleta Capital Partners… Read more
Swift Real Estate Partners Purchases 425 Pontius in Seattle for $39 Million
San Francisco-based real estate investment manager Swift Real Estate Partners has purchased 425 Pontius in Seattle for $39.5 million. The… Read more
Industrial Market Remains ‘Historically Tight’ in Southern California, Savills Report Finds
A new report by commercial real estate services company Savills indicates that the industrial market for the first quarter of… Read more
Former JLL Retail Net Lease Broker Joins Beta in LA as SVP
Commercial real estate industry veteran Adam Friedlander, who has been a director at international commercial real estate firm JLL, is… Read more
Oaktree Capital Management and Trinity Real Estate Investments Purchase Hyatt Regency Indian Wells Resort & Spa
Funds managed by Trinity Fund Advisors LLC, an affiliate of Trinity Real Estate Investments LLC, and Oaktree Capital Management, L.P.… Read more
Medical Office Property Near San Francisco Sells for Nearly $14 Million
Anchor Health Properties, as part of a joint venture with an institutional healthcare real estate investor, has acquired a Vallejo… Read more
Center Point, Mission Valley in San Diego Sells for Nearly $18 Million
City Group has sold the two-building Center Point, Mission Valley office campus for $17.96 million to San Diego-based M.C. Strauss… Read more
San Bernardino’s World Plaza Sells For $10 Million
A private Los Angeles-area investor purchased Presidio Property Trust, Inc.’s World Plaza in San Bernardino for $10 million. Hanley Investment… Read more
Berkadia Completes Sale and Secures $94.1M Financing for Multifamily Prop. in Dallas
Berkadia announced the sale of and financing secured for Ladera, a 500-unit garden-style multifamily property located at 3901 Accent Drive… Read more
Nobell Foods to Lease Office Space in South San Francisco
Nobell Foods, a startup specializing in manufacturing plant-derived cheese from dairy proteins, is relocating its San Francisco area headquarters. The… Read more
Washington State Aims to Set Deadline for Electric Cars
Washington State is making a commitment to follow California’s stringent vehicle emissions standards, according to Washington’s $17 billion transportation plan.… Read more
Lightstone Capital Finances $76 Million for Properties in California
New York City-based Lightstone just announced it has supplied mortgages in the amount of $76 million to four properties in… Read more
Newmark Ups Steven Golubchik to Executive Vice Chairman
Steven Golubchik has been promoted to executive vice chairman and president of Western Region Capital Markets at Newmark. He has… Read more
CEDARst Companies to Build Multifamily Project in San Diego
Chicago-based multifamily developer CEDARst Companies is planning a new ground-up residential development in an opportunity zone in San Diego’s North Park and… Read more
Avanath Capital Management Announces Closing of Affordable Housing Fund
Privately held multifamily owner and operator Avanath Capital Management LLC has closed its open-ended affordable housing fund. The company has… Read more