California
Landmark at Otay Reaches Tilt-Up Milestone
Majestic Realty Co.’s and Sunroad Enterprises’ Landmark at Otay, a four-building industrial center totaling 845,830 square feet, has reached the… Read more
Building a Unique Franchise Model
By Mark D. Hinkins, SperryCGA President, CCIM, FRICS People and culture are the lifeblood of companies making it critically important… Read more
Rental Housing Providers to Get 100% Repayment of Unpaid Rents
Rental housing providers will likely get 100 percent of rent that’s gone unpaid because of COVID-19. In a recent press… Read more
Off-Market Purchase Partially Plugs Hole in Albuquerque Housing
Newport Beach-based RanchHarbor and Los Angeles-based Westgrove Partners recently acquired a two-property multifamily portfolio in Albuquerque in a joint venture… Read more
Visionary Architect Art Gensler Passes Away
Art Gensler, an architect and visionary who propelled a small practice into one of the largest firms in the industry,… Read more
Art Gensler’s Influence Reached Far and Wide
Art Gensler, an architect and visionary who propelled a small practice into one of the largest firms in the industry,… Read more
Kenco Takes Down Space at Perris Gateway Commerce Center
A new location will serve as a new multi-client distribution center for Kenco Logistics, enabling it to support customers’ supply… Read more
Senior Living Facility to Fill Void in Los Angeles
Groundbreaking was recently held for Vistas at Glendora, a Clearwater Senior Living project consisting of 117 units within 107,980 square… Read more
Taconic Capital Adds Spreckels Building to its Roster
An $18-million loan was recently secured for the acquisition of the Spreckels Building, a 217,173-square-foot mixed-use office, retail and theater… Read more
Shift Goes into High Gear with New Texas Markets
Used car e-commerce platform Shift recently launched a new market for consumers to buy its cars in Texas. With this… Read more
Alpharetta Shopping Center Trades for $25M
Real estate brokerage and advisory firm Hanley Investment Group has arranged the $24.6 million sale of Alpharetta Commons, a 94,500-square-foot… Read more
Homebuilding Declines for the Second Year
For various reasons including increased construction costs, local regulations and pandemic restrictions, new data indicates a continuing decline in homebuilding… Read more
Harvard Crossing Acquires $100M in Phoenix Multifamily
Village at Harvard Crossing, a new 184-unit single family rental/multifamily community in Goodyear, recently sold for $56.12 million to Harvard… Read more
Vornado Realty Completes $1.2B Refi of 555 California
Vornado Realty Trust recently completed a $1.2 billion refinancing of 555 California St., a three building 1.8 million-square-foot office campus… Read more
Industrial Product Fails to Meet Demand
The Inland Empire industrial market continued its growth in the first quarter of 2021 due to the continued demand for… Read more
LA is Top Priority Market for Common
Los Angeles is set to become Common’s largest U.S. market. In fact, between now and the end of 2021, the… Read more
Much-Needed Senior Asset Meets Pent-Up Demand
Construction is complete on Metro East Senior Park Apartments, a six-story 461,535-square-foot senior affordable housing community that borders Santa Ana… Read more
Elion Acquires Four Logistics Assets for $216M
Within the past two months, Elion Partners acquired four last-mile logistics assets totaling 864,000 square feet for $216 million. The… Read more
Berkadia Closes West Coast Affordable Housing Fund
Berkadia recently closed the Berkadia Affordable Housing West Coast Partners 2021 LP, a $70 million multi-investor Low-Income Housing Tax Credit… Read more