California
From Vacancy to Transitional Housing: Reimagining a Historic San Francisco SRO
By Clearinghouse CDFI Housing for those who are experiencing homelessness is essential and in short supply. At the same time, Single… Read more
Clarion Fund Acquires DrinkPAK-Leased Santa Clarita Industrial
Franklin Templeton and Clarion Partners Real Estate Income Fund Inc. have acquired Pacific Golden Valley, a 172,483-square-foot Class-A industrial building… Read more
JPI Lands $114M Loan for Grand Prairie Apartment Community
JPI in partnership with Anchor Loans closed on construction financing for Jefferson Southwest Parkway, a planned $114 million Class A garden-style apartment community located at… Read more
Faris Lee Closes San Clemente Retail Sale to Family Office
Faris Lee Investments completed the sale of Plaza Pacifica, a neighborhood retail center located in San Clemente’s affluent South Orange… Read more
Ontario Industrial/Office Property Goes for $57M
DAUM Commercial Real Estate Services has completed the sale of a 256,722 square-foot, 100% occupied industrial/office building located at 875 W.… Read more
County Opts to Buy, Rather Than Lease, New San Jose Clinic for $340M
Santa Clara County will pay $340 million to acquire, rather than lease, the future Valley Health Center San José at… Read more
Manufacturer Eyeing Brooks City Base for $200M Plant
Industrial Electric Manufacturing (IEM) is seeking to invest $200 million to develop a 500,000-square-foot facility at Brooks City Base. The San… Read more
BRIDGE Housing Opens Fourth Community in Jordan Downs Redevelopment
Mayor Karen Bass joined with BRIDGE Housing and the Housing Authority of the City of Los Angeles(HACLA) Tuesday to celebrate… Read more
SoCal Industrial Portfolio Refinanced for $69.5M
Keystone Mortgage Corporation has arranged $69,500,000 in fixed-rate permanent loans to refinance a portfolio of Southern California industrial properties totaling… Read more
AI Infrastructure Startup Crusoe Opens Bellevue Office
Denver-based cloud and AI infrastructure company Crusoe has opened a new office in downtown Bellevue, Washington. The 7,400-square-foot space in… Read more
Overton Moore Makes Second Livermore Acquisition
Newmark arranged the sale of the Altamont Shallow Bay Industrial Portfolio in Livermore on behalf of Principal Real Estate. The… Read more
California Rent Control Bill Stalls in Committee
A California Assembly bill to limit allowable rent increases and expand rent control to housing types that are currently exempt… Read more
Transcend Development Group Buys West Pullman Apartments, Plans Renovations
California-based Transcend Development Group has acquired the 180-unit Indian Trails Apartments at 221 E. 121st St. in West Pullman and… Read more
MMCC Arranges Financing for Whittier Multifamily
Marcus & Millichap Capital Corporation (MMCC) arranged $6,585,000 in financing for Kona Palms Apartments, a 37-unit multifamily property located at 14119… Read more
Brixmor Snaps Up Chino Power Center for $138M
CBRE arranged the $138-million sale of Chino Spectrum Towne Center, a 461,269-square-foot H Mart-anchored power center located in Chino, to… Read more
Vanderbilt U. Plans to Open San Francisco Campus in 2027
Nashville-based Vanderbilt University will establish an academic campus serving full-time students in San Francisco beginning in 2027, subject to necessary… Read more