California
Pacific Western Bank Hires Janice Ibey as SVP
Janice Ibey recently joined Pacific Western Bank as a senior vice president, business development officer on its asset-based lending team.… Read more
Signature Centre Performs Well Despite COVID Headwinds
West Denver boasts significant supply constraints and barriers to entry, solidifying a recently acquired property’s position as a top asset… Read more
Uptown Station Sells for $420M, Reflecting Oakland’s Long-Term Stability
CIM Group sold the Uptown Station office asset located at 1955 Broadway in Oakland for a reported $420 million, the… Read more
Digital Realty Sounds the Call for Industry Transformation
Digital Realty is taking by the bull by the horns on what the San Francisco-based company sees as the industry’s… Read more
KeyBank’s Janette O’Brien and Al Beaumariage on the Outlook for Multifamily Lending
Following the turbulent, pandemic-driven environment of 2020, the current year is widely anticipated to bring a resurgence in commercial real… Read more
$364M in Financing Backs 15 Self-Storage/Industrial Assets
Gantry recently secured a total of $364 million in long-term financing, structured to meet the goals of The Ezralow Company… Read more
Church Land Serves Mission Viejo Well in Many Ways
Proceeds from a recent land sale will fund Saddleback Valley Community Church’s food bank and other causes in an effort… Read more
Cross Creek Ranch Malibu’s $130M Financing is LA’s Largest YTD
Santa Monica-based real estate development company, Pacific Equity Properties Inc., has secured $130 million in construction financing from Related Fund… Read more
No End in Sight for San Diego Multifamily Demand
Strong multifamily fundamentals in San Diego continue to precipitate development here. And, 29th Street Capital (29SC) is taking full advantage… Read more
Rebuild is Complete on Eight Units Destroyed in Tubbs Fire
The rebuild is complete on the eight-unit building that was destroyed in the 2017 Tubbs fire at The Overlook at… Read more
Strong IE Industrial Demand Propels Another Ontario Build
Citing strong industrial user demand in the Inland Empire coupled with supply constraints on new class-A facilities, Seefried Industrial Properties… Read more
Location is a Big Draw for Village at Aspen Place
Location was one of the biggest factors in the recent $64.5 million acquisition of Village at Aspen Place, a 222-unit… Read more
Nation’s Largest Floating Solar Project is in California
At 4.78 MW(dc) and located on ponds at Healdsburg’s wastewater treatment plant, the Healdsburg Floating Solar Project is the largest… Read more
Axis 2300’s Rare Large Units Entice Advanced Real Estate
Axis 2300 is a 115-unit multifamily property located at 2300 Dupont Dr. in Irvine that was constructed to condo-level specifications… Read more
Buchanan Cites Top 25 MSA as Impetus for Portland Storage Buy
Newport Beach-based Buchanan Street Partners acquired a recently constructed three-story 102,450-square-foot climate-controlled self-storage facility located at 6191 SE Powell Blvd.… Read more
Clinic Conversion Overcomes COVID Delays in Stride
A former bank suite was recently converted into a fertility clinic for Pearl Mini-IVF, which is now open at 4510… Read more
Construction is Underway Following $81M Loan for Adams & Grand
Construction financing of $81 million is now in hand for the development of Adams & Grand, a mid-rise transit-oriented multifamily… Read more
Lease is First High Desert Location for Grocery Outlet
Grocery Outlet recently inked a 16,130-square-foot anchor lease in the 140,000-square-foot Hi Desert Plaza at 12240 Hesperia Rd. in Victorville.… Read more
Google Will Renew Stanford Research Park Lease
Hudson Pacific Properties’ largest 2021 expiration is Google’s 207,857-square-foot lease at 3400 Hillview in Palo Alto’s Stanford Research Park. But,… Read more