California
Innovation Economy Will Drive CRE’s Next Recovery Cycle
As the global economy continues to improve despite ongoing challenges, innovation-oriented industries and availability of talent will be key growth… Read more
GreenRock Leads Largest Single C-PACE Deal in PACE History
GreenRock Capital LLC led $103 million in Commercial Property Assessed Clean Energy (C-PACE) funding for Chinese Hospital in San Francisco.… Read more
Griffis Residential Transacts at a Discount to Replacement Cost on EV Lofts
Acquisition financing of $43 million was recently arranged for EV Lofts. The five-floor 208-unit multifamily property originally built in 2015… Read more
E-Commerce Demand Equates to Mere 0.5% Vacancy in GLA and IE
Last year was a record year for large warehouse leases, driven by a rebounding economy and strong e-commerce sales. Companies… Read more
Six25 Fair Oaks Lease Comes at a Time When Office Continues to Struggle with COVID
Los Angeles-based Greenbridge Investment Partners recently signed a major tenant at Six25 Fair Oaks in South Pasadena to bring the… Read more
California Labor Market Expansion Continues Amid Omicron
California’s labor market continued to expand at a steady pace in December, with total nonfarm employment in the state growing… Read more
Old Oakland Finds $58M Financing in Accelerated Timeframe
A $58 million loan was recently originated to refinance Old Oakland, a collection of 10 historic creative office and retail… Read more
Financing is Validation of Bespoke Hotels and Oceanside’s Rising Cool Factor
Refinancing of $265 million was recently arranged for a 387-key master-planned beach resort in Oceanside. The resort includes the 161-key… Read more
Award Underscores the Role of Design in Affordable Housing Creation
Maria Song, a principal with Palm Springs-based Interactive Design Corporation, received honorable mention from the International Design Awards for the… Read more
Hanley Completes $1.06B in 221 Deals Within 27 States
Hanley Investment Group Real Estate Advisors closed out 2021 with a record number of both sales volume and number of… Read more
Investors are Bullish on West LA with Multifamily Investments Topping $404M
Despite the pandemic’s lingering effects and Omicron delaying the expected return to offices by employees in large numbers, the West… Read more
California Ensures Employees Retain Paid Sick Leave
Amid the national surge in COVID-19 cases driven by the Omicron variant, Gov. Gavin Newsom, Senate President pro Tempore Toni… Read more
Rubicon Plans to Roll Out its Work From Here Program at Rotunda
Rubicon Point Partners recently acquired the iconic Rotunda Building in downtown Oakland from Rotunda Partners II, which have owned the… Read more
Entrada Represents Chance to Acquire Recently Renovated Boutique Asset
Entrada, a multifamily property located in the East Village neighborhood of downtown San Diego, recently sold for $60.25 million. The… Read more
Alere Sees Value of Freeway Business Center in $200M Buy
A new 709,081-square-foot class-A industrial warehouse facility on more than 39 acres in Riverside, recently sold for nearly $200 million.… Read more
TAG Heuer’s Latest Showroom Features Sleek New Design
Construction is complete on TAG Heuer’s latest retail showroom, located on the second level of South Coast Plaza, 3333 Bristol… Read more
Gelt Adds Core Asset Volta on Pine to its Growing Portfolio
Gelt Inc. recently acquired Volta on Pine for $156 million. The 271-unit class-A apartment community is located at 635 Pine… Read more
Koi Nation to Build Shiloh Casino in Sonoma Co.
The Koi Nation of Northern California, a federally recognized Native American tribe, has executed a predevelopment agreement with Global Gaming… Read more
Two Tahoe Retail Centers Benefit from S. Lake/Stateline Locations
Two South Lake Tahoe retail centers, The Chateau at The Village totaling 30,494 square feet of space, located at 4125… Read more