California
Critical Technology Asset One Wilshire Nabs $389M Refi
Refinancing to the tune of $389.25 million was recently arranged for One Wilshire, a 661,553-square-foot multi-tenant critical technology asset comprising… Read more
Budget Blueprint Proposes Billions to Support COVID Response
Gov. Gavin Newsom recently unveiled the 2022-23 state budget proposal, the California Blueprint. The Blueprint proposes billions more to support… Read more
Streeterville Hotel Sells to Marc Realty Venture
A venture controlled by Marc Realty VP Gerald Nudo acquired a 216-room hotel at 166 E. Superior St. in downtown Chicago’s Streeterville neighborhood, Crain’s Chicago Business reported. The venture… Read more
$304M Wood Creek Buy Marks Sixth Asset Acquired by OHG and CSCDA
Opportunity Housing Group (OHG), a Danville CA-based company creating workforce housing for Californians, recently acquired the 484-unit Wood Creek Apartments… Read more
Off-Market Buy is Part of Stos’ Multifamily Portfolio Expansion
Stos Partners recently acquired Lincoln Washington Apartments, a 25-unit multifamily property in the El Cajon submarket of San Diego County.… Read more
La Cadena is Invaluable Location Due to Uncommonly Large Yard
A 182,630-square-foot industrial building in the Inland Empire recently sold to an affiliate of Walton Street Capital, a private equity… Read more
Demand for Medical Facility Investments Escalates Rapidly During COVID
15 Mareblu, also known as the Aliso Viejo Professional Centre, a 34,222-square-foot medical office building located in Aliso Viejo, recently… Read more
Stanley Ave. Asset Provides Owner with Rare Value-Add W. Hollywood Address
An eight-unit apartment property located at 1041 North Stanley Ave. in West Hollywood, recently sold for $2.9 million. The buyer… Read more
Newsom Unveils $2.7B COVID Response Package
Gov. Gavin Newsom recently unveiled a proposed $2.7 billion COVID-19 Emergency Response Package – including a $1.4 billion emergency appropriation… Read more
Sponsorship and Core Industrial Assets Attract Lender Capital
Refinancing of $115 million was recently secured for a six-property fully leased class-A industrial portfolio totaling 1.6 million square feet.… Read more
f’real foods Inks Long-Term Lease at 2100 Powell St.
f’real foods recently signed a long-term lease at 2100 Powell St., a 349,300-square-foot office building in Emeryville. f’real, a wholly… Read more
New Standard Equities Sets Sights on Add Value with The Benson
The Benson, a 236-unit multifamily property in Upland, recently sold for $80.75 million or $342,161 per unit. The buyer was… Read more
MicroPort to Occupy Entire 16802 Aston Building as HQ
Two flex office/R&D buildings totaling 115,388 square feet located in the Airport Area submarket of Irvine, 16800 and 16802 Aston… Read more
Western States Safety Workgroup Recommends Pfizer Booster for 12 and Older
The Western States Scientific Safety Review Workgroup completed its review of the federal process and recommended expanding Pfizer-BioNTech booster dose… Read more
BKM Logs 25th Acquisition in Phoenix Metro
Newport Beach-based BKM Capital Partners recently acquired Scottsdale Commerce Center, a four-building multi-tenant light industrial business park totaling 85,362 square… Read more
Industrial Users and Investors Navigate Challenges to Secure Space
The rapid rise of e-commerce has put increased pressure not only on shippers and logistics firms, but on owners and investors in the industrial real estate… Read more
Seaview Capital Plans Expansion of 1,000+ Units in Phoenix Metro
Refinancing to the tune of $36.35 million was recently arranged for The Premiere at Eastmark, an apartment community in Mesa.… Read more
Virginia Beach-Based VSA Resorts Acquired by Vacatia, Inc.
VSA Resorts, a hospitality and vacation ownership company, has been acquired by Mill Valley, CA-based Vacatia, Inc. With the addition… Read more
Single-Tenant Net Lease Asset Achieves a Cap Rate of 6.12%
A new construction single-tenant net-lease investment occupied by LA Fitness recently sold in West Houston. Although the purchase price could… Read more