California
Plans Are Afoot for $450M Echelon Studios
Bain Capital Real Estate has submitted plans to the city of Los Angeles to invest $450 million to develop Echelon… Read more
Retail Hunkers Down and Evolves During Pandemic
A year following the pandemic’s onset, the Greater Los Angeles retail market posted an all-time high total vacancy of 6.6… Read more
Moody’s: Apartment Outlook Takes Positive Turn
The outlook for the apartment sector has taken a positive turn, with effective rents expected to approach pre-pandemic levels in… Read more
Newsom Signs Small Business Tax Cut Bill
Gov. Gavin Newsom recently signed a bill that will give small businesses hit hardest by this pandemic a $6.2 billion… Read more
Fred Waring Townhomes Capitalize on Palm Desert’s Lack of New Construction
A 12-unit multifamily property, Fred Waring Townhomes in Palm Desert, recently sold to a private local buyer for $3.4 million.… Read more
Lease Exemplifies Flight to Quality Trend in Post-COVID World
Sunroad Enterprises recently signed an approximately 40,000-square-foot lease at Sunroad Centrum, an 11-story class-A office tower in central San Diego.… Read more
Leasing at Grocery-Anchored Centers Continues to Soar
Grocers posted high sales growth in 2020 as households were in lockdown and dining out became impossible for many, according… Read more
Life Sciences Demand Accelerates Amid COVID
Recent transactions show the pandemic accelerated the demand for life science space and attracted new entrants on the lending side.… Read more
Medical Office Remains Lender Fav After COVID’s Wrath
As the pandemic’s lessons are revealed, one surety is that medical office is one of the most resilient asset classes… Read more
Maine Office Building Trades for $12M
Investment sales brokerage firm Stan Johnson Co. has brokered the $11.8 million sale of a single-tenant office building leased to… Read more
California Fire Safe Council Rolls Out Wildfire Toolkit and Trailer Program
California Fire Safe Council (CFSC) has partnered with Listos California, Gov. Gavin Newsom’s emergency preparedness initiative, to roll out a… Read more
Eli Broad Leaves Lasting Mark on Real Estate, Art, Philanthropic World
Eli Broad, the entrepreneur turned philanthropist and art collector who was instrumental in shaping the art and cultural scene of… Read more
RapidDeploy Completes $29M Series B Funding Round
Cloud-based computer-aided dispatch and analytics platform RapidDeploy recently completed a $29 million Series B funding round led by Morpheus Ventures… Read more
Apprise Goes All in for West Coast Expansion
Walker & Dunlop Inc. and GeoPhy’s multifamily appraisal business, Apprise, has expanded to the West Coast with the hiring of… Read more
IMG Plans More San Antonio Buys After Encore281
California-based Investors Management Group (IMG) recently acquired Encore281 Apartments, a 228-unit community built in 2015 in North San Antonio. The… Read more
Nome Nabs North Natomas Niche
According to Newmark research, Sacramento’s North Natomas continues to be one of the top-performing submarkets in the region and the… Read more
One of LA’s Largest Residential Land Buys to Feature 1,200 Units
The sale of one of the largest residential land transactions in Los Angeles County in recent years was recently completed… Read more
Palm Springs Affordable Housing Gets Approval for Q4 2021 Groundbreaking
Community Housing Opportunities Corporation (CHOC) was recently awarded $21 million to move forward with the construction of Monarch Apartment Homes,… Read more
UC San Diego Team Takes Home the NAIOP University Challenge Prize
An undergraduate student team from UC San Diego submitted the winning development plan at NAIOP San Diego’s 11th annual University… Read more