California
Crane Index and Quarterly Cost Report Reveals Eye-Opening Stats
International property and construction consultancy firm Rider Levett Bucknall (RLB) recently released its latest Crane Index and Quarterly Cost Report.… Read more
Buyer Appetite for Seattle Investment is at All-Time High
Solara apartments, a 238-unit multifamily community in North Seattle, recently sold to MIG Real Estate for $84 million. Built in… Read more
Holiday Inn Express Finds New Life as Multifamily
Tower Capital recently arranged a $23.2 million acquisition and renovation loan for a 132-key Holiday Inn Express hotel in Sacramento… Read more
Another Day, Another Otay Mesa Asset Sells for $159M
Murphy Development Company recently sold The Campus at San Diego Business Park, a 665,229-square-foot class-A industrial campus on 37 acres… Read more
Toll Brothers-EJF Capital JV Target 2024 for Rafferty
Berkadia recently secured a joint venture partner for Toll Brothers Inc. through its Toll Brothers Apartment Living rental subsidiary to… Read more
Contiguous Multifamily Properties Find $46M Financing in Simi Valley
Two loans totaling $45.548 million were recently secured by two contiguous multifamily properties in Simi Valley. These properties are similar… Read more
Basil Street Delivers a Brick-Oven Pizza in 3 Minutes
As the business world continues to navigate best practices post-pandemic, one need is emerging in the food service arena. Employers… Read more
UCSF Building is One of the Nation’s Largest Neuroscience Centers
A new era recently began with the opening of the UCSF Joan and Sanford I. Weill Neurosciences Building. This building… Read more
Occupier Demand and Rents Remain Strong in Otay Mesa
CapRock Partners recently sold a newly renovated class-A distribution building totaling 210,156 square feet in the Otay Mesa neighborhood of… Read more
Dalfen Buys Eight West Coast Assets in Seven Months
In the past few months, the Inland Empire has posted a 20 to 30 percent increase in rents as well… Read more
Chargers Set to Build HQ on 14-Acre Site in El Segundo
The Los Angeles Chargers have reached an agreement with Continental Development Corporation and Mar Ventures Inc. to construct its new… Read more
Subaru and CA Retailers to Replant 1M Trees by 2022
In partnership with the National Forest Foundation, Subaru of America Inc. and its retailers in California, along with the support… Read more
Navalia Gets Go-Ahead Boost with Financing
Construction financing of $16.8 million was recently arranged for Navalia, a 73-unit mixed-use complex in downtown Vancouver, WA. The project… Read more
One38 Apartments’ Senior Loan to Fund Major Improvements
PCCP LLC recently provided a $40 million senior loan to an affiliate of Carmel Partners for the acquisition of One38… Read more
Infill Last-Mile Distribution Facility Grabs Realterm Logistics’ Attention
Lincoln Property Company recently sold a newly renovated 104,510-square-foot freestanding class-A last-mile distribution facility on more than 10.5 acres in… Read more
HQ Lease is First for CAVU Since Repositioning Began
A 6,000-square-foot headquarters office lease at Ceiling and Visibility Unlimited (CAVU) Business Park at 18872 Macarthur Blvd. in Irvine is… Read more
Steel Shortages Continue to Wreak Havoc on Construction
Los Angeles metro construction deliveries slowed in third quarter 2021 with more than 1.9 million square feet entering the market,… Read more
Partnership to Kick-Start Construction for Supply Chain Benefit
On the heels of Gov. Gavin Newsom’s executive order to help tackle supply chain issues, and as part of the… Read more
Avery is Decron’s Fourth Phoenix MSA Acquisition in Six Months
Multifamily investment firm Decron Properties added to its rapidly expanding footprint in the Phoenix MSA with the purchase of Avery… Read more