California
Standard Real Estate Launches with JV Equity for Indianapolis Apartments
Standard Real Estate Investments, LP, a minority-owned real estate private equity firm focused on providing joint venture equity to developers,… Read more
MAC Looks to Rehab Eighth Acquisition, Nine Seventy
Los Angeles-based Montana Avenue Capital (MAC) Partners LLC recently acquired a 53,583-square-foot freestanding single-story office/R&D building in Sunnyvale for $19.3… Read more
Leasing Doesn’t Wait for Hub at Scripps Ranch Completion
Sudberry Properties recently completed framing and began interior construction at The Hub at Scripps Ranch. The mixed-use redevelopment project is… Read more
Pacific Bend and Big Dog Prevail in Competitive Bid Process
Pacific Bend Inc. and partner Big Dog Properties recently acquired a 140,000-square-foot industrial building located at 5733 W. Whittier Ave.… Read more
Grace Gardens Facility Expands Alzheimer’s Level of Care
C.W. Driver Companies recently completed Grace Gardens, a 50,564-square-foot two-story memory care facility for Town & Country in Santa Ana.… Read more
CVS Sees Benefit of Opening at Highly Visible Hope+Flower
CVS recently leased 11,132 square feet at 1212 S. Flower St. in Los Angeles. The space is located on the… Read more
Newsom Requests Major Disaster Declaration for Fire Areas
At present, there are 12 major fires burning across the state, causing extensive damage to residences and infrastructure. As of… Read more
Newmark Lines Up $628M Financing for GID Multifamily Portfolio
Newmark arranged $627.55 million in financing on behalf of GID Investment Advisers for a portfolio of nine Class A multifamily projects, totaling 2,588 units across California, Washington,… Read more
Dollinger Snaps Up Valley Creative Center for $56M
A six-building R&D/office campus totaling 166,928 square feet at the confluence of Zanker Road, Bering Drive and Charcot Avenue in… Read more
Recently Renovated Hillside Terrace Finds Private Buyer
Hillside Terrace, a recently renovated 32-unit apartment property located in Vista, recently sold for $9.475 million. The buyer was a… Read more
Limited Riverside Inventory Allows Strategic Buy for Ramona Oaks
Ramona Oaks Apartments is located at 3401 Ramona Dr., just minutes from Riverside City College, The Riverside Municipal Airport and… Read more
Torrance Tech’s Unique Qualities Attract Buyer for $182M
Torrance Technology Campus, a five-building 575,976-square-foot technology campus in the South Bay, recently sold for approximately $182 million. The buyer… Read more
School Reopenings Propel Employment But Delta Variant is an Unknown
California’s labor market continued to expand at a rapid pace in July, with total nonfarm employment growing by 114,400 positions,… Read more
Veranda & Sunflower Sells for $158K Per Unit
Veranda & Sunflower Apartments, a 208-unit multifamily apartment community located in Glendale, AZ, recently sold for $32.85 million or $157,933… Read more
Equity Residential, Toll Brothers Forge $1.9B Apartment Venture
Equity Residential (EQR) and Toll Brothers Apartment Living have formed a strategic partnership to develop new rental apartment communities in key U.S. markets. They’re targeting… Read more
Walt Rakowich’s Key Watchword for Leaders: “It’s Not About You”
Leaders, it’s often been said, are forged in times of crisis, and on that score Walt Rakowich certainly earned his stripes. The longtime CFO… Read more
Hines’ Willowick Makes Cut for 33 Tehama Management Role
Hines’ boutique multifamily property management firm, Willowick Residential, will be the property management company for 33 Tehama, a 278,000-square-foot luxury… Read more
Buchanan Plans to Rebrand Chula Vista Buy as StorQuest
Buchanan Street Partners recently acquired a newly constructed three-story 95,000-square-foot climate-controlled self-storage facility located at 3296 Heritage Rd. in Chula… Read more
Lakeshore Village Serves Nearly 200K Residents’ Daily Needs
Lakeshore Village Marketplace, an 80,000-square-foot shopping center, along with a 2.3-acre site in Moreno Valley, recently sold for $8.3 million.… Read more