California
Meridian Arranges Refi on Suburban Vegas Office Complex
Meridian Capital Group recently arranged $33.7 million on behalf of Hertz Investment Group, a fully integrated real estate firm with properties in… Read more
CORFAC Names 2021 Winners of Member Excellence Awards
CORFAC International recently announced winners of the 2021 Member Excellence Awards, which recognize individuals who exemplify excellence, integrity, dedication, and participation in… Read more
Legends Lakeline Fits Lynd’s Strategy of Buying in High-Growth Areas
Lynd Living recently acquired its fourth property in Austin in the past 20 months. In partnership with an institutional buyer,… Read more
Tasman Tech Attracts Both Tenants and Buyer
Tasman Tech, a 14-building office/R&D campus located at Tasman Drive at I-880 in Milpitas, recently sold to Washington Holdings LLC… Read more
Town & Country Resort’s $148M Financing Reflects Strong Fundamentals
The newly transformed Town & Country Resort in San Diego recently received financing of $148 million. Situated on 31 acres… Read more
Artesa is Fourth-Largest Multifamily Deal in Inland Empire’s History
Artesa at Menifee Town Center, a new 330-unit class-A apartment community in Menifee, CA, recently sold to MG Properties Group.… Read more
24-Hour Schedule Helps Port Backlog But Isn’t the Only Issue
In addition to imposing fines on ships sitting too long in ports, earlier in October, the White House announced the… Read more
Pandemic’s Effect on Housing Market Has Perfect Timing
California Builder Services (CBS) recently released a report identifying the trends that are shaping the future of California housing development… Read more
Three Solar Installations Produce 100% Renewable Energy
Excelsior Energy Capital, Monarch Private Capital, Unico Solar Investors, Oak View Group and the Seattle Kraken announced the completion of… Read more
A New Model for Measuring CRE Market Risk
With the pandemic leading commercial real estate professionals to rethink assumptions about which markets are safe and which are risky, the NAIOP Research Foundation has developed… Read more
Billion-Dollar Disasters Spur Mitigation Funding
The announcement this week that the de Blasio administration would allocate $110 million to addressing sea-level rise and storm surge that together pose a threat… Read more
Amazon’s New Kid on the Grocery Block Fits Right In
In the realm of brick-and-mortar grocery, Whole Foods isn’t the only arrow in Amazon’s quiver. A little more than three years after paying $13.4… Read more
Santa Rosa Property Duo to Serve Middle-Income Workers
Danville-based Opportunity Housing Group (OHG) recently acquired Acacia on Santa Rosa Creek Apartments and Vineyard Gardens Apartments, both in Santa… Read more
Longfellow Has Life Sciences Plans for $315M Portfolio
A nine-property office portfolio totaling 371,281 square feet in San Diego recently sold for $315.4 million. The buyer was Longfellow… Read more
639 La Brea Has the Only Institutional-Quality 100+ Room Hotel in Miracle Mile
CGI+ Real Estate Strategies has received full entitlements and will begin development on a hotel/multifamily/retail multi-use project at the intersection… Read more
Will Fining Companies Ease Port Congestion?
In an effort to ease the logjam at the ports of Los Angeles and Long Beach, the Biden Administration has… Read more
ZaZu Has Occupancy and Potential to Seal the Deal for Tides
ZaZu Apartment Homes at 1502 E. Osborn Rd. in central Phoenix recently sold to a Los Angeles-based investor for $43.75… Read more
Mission-Driven Crowdfunding Platform Small Change Backs Five Projects Nationwide
Pittsburgh-based Small Change, a mission-driven real estate crowdfunding platform, has raised $2.1 million for five projects across the U.S. totaling $54 million… Read more
San Francisco Office Sublease Space Hits 5M SF Mark
The San Francisco office market continued to take hits during the third quarter 2021 with return to work delayed to… Read more