California
Austin’s Popularity Brings on Housing Affordability Issues
Housing affordability improvements brought on by historically low mortgage rates and dampened rent growth are quickly evaporating as housing costs… Read more
$1.5B Light Rail Segment is One-Third Complete
The 9.1-mile four-station Foothill Gold Line light rail project segment from Glendora to Pomona reached a major milestone this month.… Read more
Swift Adds 1111 Broadway to Expanding East Bay Portfolio
In a sign that office space, especially of the trophy variety, is still top-of-mind for investors, Swift Real Estate Partners… Read more
Rising Displays Optimism in Las Vegas with Industrial Buy
Rising Realty Partners recently acquired Cheyenne Airport Center, a class-A multi-tenant industrial park located in North Las Vegas. Originally constructed… Read more
Playa Blanca Apartments Have Resale Conversion Option
Playa Blanca Apartments, a 44-unit apartment property located at 1939, 1945 and 1949 Avenida Del Mexico in Imperial Beach, CA,… Read more
NAI Hallmark Brokers $9M Sale of Jacksonville Apartments
NAI Hallmark has arranged the $9.2 million sale of The Forest Apartments, a 113-unit multifamily property in the Westside submarket… Read more
Shareholders Approve $50B Merger of Realty Income, VEREIT
Shareholders in Realty Income and VEREIT have approved the merger of the two companies, creating a net lease REIT with an… Read more
Hager Pacific is Equipped to Address Complex’s Environmental Issues
Newport Beach-based Hager Pacific Properties recently acquired a two-building industrial complex totaling 145,000 square feet in the South Bay submarket… Read more
Alere’s Irvine Buy Adds Long-Term Value to Portfolio
Alere Property Group recently acquired 8710-8750 Research Dr., a 35,475-square-foot class-A industrial warehouse within the Irvine Spectrum submarket of Irvine.… Read more
Connect CRE Steps Up Its Game in Creative Services and Marketing, Adds Key Team Members
As Connect CRE continues expanding its capabilities in creative services, marketing and branding, it has also expanded its team of… Read more
New Mt. San Jacinto College Temecula Campus Allows County Access
Mt. San Jacinto College’s (MSJC) Temecula Valley Campus is now complete, marking the first permanent campus for higher education in… Read more
TX Hotels to Have Demand Surges in the Fall
PredictHQ recently released Demand Impact Report: The Great Hospitality Recovery of 2021. The report shows the impact of large events… Read more
UC Davis’ Net Zero Student Housing Boasts 3,290 Beds in 1.3M SF
The University of California, Davis’ The Green at West Village includes 1.3 million square feet of student housing and amenity… Read more
LBA Realty is First to Achieve the UL-Verified Healthy Building Mark
LBA Realty is the first to achieve the UL-Verified Healthy Building Mark for Indoor Environment for 13 of its office… Read more
CDPH Requires Shot Proof or Weekly Testing for School Staff
The California Department of Public Health (CDPH) issued a new public health order requiring all school staff to either show… Read more
Olivia Apartments Development Defies COVID Issues
Trion Properties with joint venture partner Ketter Construction recently completed Olivia Apartments, a 45-unit luxury multifamily development with 10 percent… Read more
Rare Single-Tenant Center Anchored by Michaels Sells in OC
A rare single-tenant net-leased investment occupied by Michaels in South Orange County recently sold for $4.85 million. The single-tenant Michaels… Read more
Tuscany Hills Apartments Benefits from Area’s Low Vacancy Rate
A $23 million HUD 223(f) loan was recently obtained for Tuscany Hills Apartment Homes, a 144-unit garden-style apartment complex located… Read more
Penumbra’s Expansion Brings Total Occupancy to 254,000 SF
Penumbra recently expanded into an additional 96,505 square feet of class-A office/lab space in the Roseville Innovation Park at 620… Read more