California
Six SoCal Multifamily Properties Refi at $263M
Advanced Real Estate received $263 million in order to refinance six multifamily properties with 1,255 units located throughout Southern California.… Read more
Duke Sticks with High-Barrier-to-Entry Strategy
Duke Realty recently acquired a 766,235-square-foot logistics facility located at 2151 Vintage Ave. in Ontario. The building is fully leased… Read more
AERO is First For-Lease Property in Alameda Point Waterfront District
Cypress Equity Investments recently unveiled its newest residential community, AERO Apartments, the first for-lease residential community in the Alameda Point… Read more
California’s Non-Manufactured Goods Shipments Jump by 23%
A lingering sign of the pandemic’s economic aftermath is that California’s export trade through the first half of this year… Read more
Kennedy Wilson Posts Record Earnings in Q2
Beverly Hills-based Kennedy Wilson recently announced historic earnings for second quarter 2021. The firm completed $1.7 billion in transactions, which… Read more
Saddleback Ranch Apartments Capitalizes on HUD Loan of $75M
A $74.99 million HUD 223(f) loan was recently obtained for Saddleback Ranch Apartments, a 305-unit garden-style apartment complex on 38… Read more
La Quinta’s SilverRock Resort is Set to Turn Dirt
Construction is set to begin this month at SilverRock Resort in La Quinta within the Coachella Valley. Building permits for… Read more
Silicon Valley Office Picks Up Momentum
Despite headlines declaring a Bay Area exodus and a number of tech firms offering flex plans for office workers, the… Read more
Hines Targets Dallas in $650M Acquisition Fund
Hines has raised $650 million for a new fund dedicated to acquiring U.S. properties, according to Bloomberg. Including a $100… Read more
Apple Hospitality Divests from National Hotel Portfolio for $211M
Publicly-traded hotel REIT Apple Hospitality has divested from a portfolio of 20 select-service hotels for $211 million. The portfolio consists… Read more
California’s Export Trade Continues to Rebound
California’s export trade continued to rebound in June, according to Beacon Economics’ analysis of the latest U.S. trade statistics recently… Read more
Mixed-Use Properties Listed Along Armitage Avenue
A venture of California-based Blatteis & Schnur is putting two mixed-use properties along Armitage Avenue up for sale, Crain’s Chicago Business reported. The seller is… Read more
Vanderbilt Picks Up Peakview Tower for $66M
KBS recently sold Peakview Tower, a nine-story 264,149-square-foot office tower at 6465 Greenwood Plaza Blvd. in Greenwood Village within Denver’s… Read more
Cohen Asset Snaps Up 202K SF Logistics Facility
Cohen Asset Management Inc. (CAM) recently acquired a 100 percent leased 202,629-square-foot class-A logistics facility located at 7255 Rosemead Blvd.… Read more
Wood Embarks on 206K SF Retail Center
Wood Investments Companies Inc. recently acquired 19.6 acres in the new Ontario Ranch master-planned community in Ontario. On the site,… Read more
550 Los Arbolitos Seals Deal for The Dylan
The Dylan, a 208-unit apartment complex in Oceanside, recently sold to 550 Los Arbolitos Owner LLC for $74.1 million or… Read more
Adrian Road Proximity to SFO is Key Selling Point
A single-story industrial facility at 1649 Adrian Rd. in the Burlingame submarket recently sold to Finn Capital. Due to its… Read more
Andrew Grant Joins Panorama Group to Form Grant Leisure Inc.
Andrew Grant recently joined the Panorama Group. The new entity, Grant Leisure Inc., aims to become a one-stop shop for… Read more
Palms Luxury Marks KB’s Sixth-Largest Multifamily Buy in Phoenix
A 306-unit class-A multifamily community, Green Leaf on Bell, was recently acquired by Southern California-based KB Development. The transaction marks… Read more