California
Tower 16 Plans Multi-Million-Dollar Upgrades on $107M Acquisitions
San Diego-based Tower 16 Capital Partners recently acquired a two-property multifamily portfolio consisting of 504 units in Moreno Valley for… Read more
Bridgeton and STARS REI Plan to Reimagine 260 Townsend
A seven-story creative office building at 260 Townsend St. in San Francisco recently sold to a joint venture between Bridgeton… Read more
Oxford Capital Adds Thompson Chicago to Hotel Portfolio
Oxford Capital Group, LLC has acquired the 247-key, luxury lifestyle hotel Thompson Chicago, located in downtown’s Gold Coast neighborhood, for an undisclosed sum. Oxford Capital Group’s wholly owned… Read more
Newsom Signs Emergency Proclamation to Free Up Energy Supply
Gov. Gavin Newsom recently outlined the state’s goals to achieve a 100 percent clean electricity system that supports long-term clean… Read more
Backed by Strong Momentum, Anchor Secures Class-A MOB
Anchor Health Properties recently closed on the acquisition of a two-story 54,703-square-foot class-A medical office building located in the Oceanside/Vista… Read more
Metro Phoenix Demand Stays Strong Despite Pandemic-Affected Economy
Newport Beach-based BKM Capital Partners recently completed the recapitalization of Northwest Business Center, an 11-building multi-tenant industrial business park in… Read more
City Council Vote Likely to Bump Rents
Long Beach multifamily demand remains strong. Despite losses early in the pandemic, year-over-year rent gains stand at more than 4.2… Read more
Life Time Executes Full Building Lease at Lakeshore
Lakeshore, a 900,000-square-foot class-A mixed-use office and retail campus in Irvine, recently executed a full building lease of 90,000 square… Read more
Robin Reimold is TeamCalifornia’s New President and CEO
Robin Reimold was recently tapped as TeamCalifornia’s president and CEO by the organization’s board of directors. Reimold will guide the… Read more
Netflix and HBO Zero in on Austin
Another day, another California company is coming to Austin. Los Gatos-based Netflix has set its sights on East Austin, signing… Read more
Nominate a Woman in Real Estate for Our 2021 Awards
The 2020 Women in Real Estate Awards drew the best industry response, in terms of the sheer number of nominations,… Read more
Digital Realty Tops Cloudscene’s Leader Board
Digital Realty was recently named a leader in Cloudscene’s Data Center Ecosystem Leaderboard for the second consecutive year. The leaderboard… Read more
Just Like That: A 1.25M-SF Full-Building Industrial Lease
The new Phoenix industrial normal: a 1.25 million-square-foot full-building industrial lease. Mattress manufacturer, Mlily, the retail brand of Healthcare Arizona… Read more
Newsom and Sisolak Survey Tamarack Fire Damage
Gov. Gavin Newsom and Nevada Gov. Steve Sisolak recently surveyed the Tamarack Fire damage area. The two governors met with… Read more
HPP and Blackstone Unveil $180M Studio Plans
Hudson Pacific Properties Inc. and Blackstone recently unveiled plans to develop a fully entitled studio facility in Sun Valley, CA.… Read more
SperryCGA’s North America Network Grows to Nearly 60 Offices
Irvine-based Sperry Commercial Global Affiliates’ (SperryCGA) North America affiliate network has grown to encompass nearly 60 offices as of second… Read more
HQ @First Provides Hefty Profit in Recent Sale
HQ @First was recently acquired by an affiliate of New York City-based KKR for $535 million. KKR obtained a $408… Read more
California Investor Snags 256-Unit Savannah MF Property
Sunroad Holding Corp. of San Diego has acquired Adara Godley Station, a 256-unit apartment property in Savannah, GA. The sales… Read more
CBRE Fund Locks Down Four Self-Storage Assets
A fund sponsored by CBRE Global Investors recently acquired four self-storage assets totaling 3,746 units across 296,286 square feet. The… Read more