California
Performing Arts Complex Ensures Enhanced Learning Environment
C.W. Driver Companies, in partnership with SVA Architects, recently completed a $23-million performing arts complex at Woodbridge High School for… Read more
Bay Area Ranks Second for Life Science Clusters
The Bay Area life science market continues to be robust, despite the ongoing effects of the pandemic. In fact, it… Read more
CEDARst Begins National Expansion Plans on the West Coast
Chicago-based CEDARst Companies continues its national expansion efforts with two ground-up multifamily development projects totaling $144.5 million in San Diego… Read more
Monterey Park Government Center to Get Upgrades After Purchase
Los Angeles-based real estate developer Sonnenblick Development LLC has acquired the Monterey Park Government Center in a $37.5-million deal. This… Read more
Inland Empire Medical Office Trades in 1031 Exchange
Holt Medical Center, a medical office property located in Montclair, was purchased by a private investor for $3.8 million. The… Read more
Proximity to Gulf Coast Ports a Selling Point for San Antonio Industrial
According to a recent CBRE report, industrial tenants in the San Antonio area are finding value in build-to-suit class-A distribution… Read more
27 Eleven Gets $70M Financing Leading to Green Building Certification
Financing was recently secured for 27 Eleven Apartments, a midrise multifamily property located in Austin. Senior Director Chad Bedwell of… Read more
Bella Pointe Apartments Gets 10-Year Variable-Rate Loan
A $14.3-million Freddie Mac variable-rate loan was recently obtained for the acquisition of Bella Pointe Apartments, a 136-unit multifamily community… Read more
Private Capital Seeks Out North San Diego Value-Add
The off-market purchase of Cedros Executive Plaza in Solana Beach is an example of private capital seeking out value-add opportunities… Read more
Walker & Dunlop Hires Managing Director John Montakab
Walker & Dunlop Inc. recently hired John Montakab as a managing director in its capital markets group, which focuses on… Read more
Knotel Files for Chapter 11, Will Sell Business to Newmark
Newmark Group said Monday it had agreed to provide debtor-in-possession (DIP) financing to Knotel, Inc. and acquire Knotel’s business through its… Read more
OC Tech and Life Science Funding Hit $1.3B in 2020
Demand for research and development in life sciences was strong prior to the onset of COVID, and the pandemic has… Read more
15-Year Headquarters Search Pays Off for LA Nonprofit
Opportunities to purchase owner-user buildings in any area of Los Angeles have been scarce for the past several years. As… Read more
North San Diego Owner-User Industrial Takes Top Billing
Strong demand continues for owner-user industrial buildings in North San Diego County. With very few buildings of this size available… Read more
Milpitas Multifamily Asset Refis at $59M
Ilara Apartments, a mid-rise 200-unit multifamily community located in Milpitas, was recently refinanced to the tune of $59 million. The… Read more
Retail Center Sale Represents Wider Divestment for Presidio Trust
Last week’s sale of Waterman Plaza, a retail center located in San Bernardino, demonstrates the execution of Presidio Trust’s strategy… Read more
California Officials Say More Work to Do Beyond Eviction Moratorium
An agreement has been reached to extend the California eviction moratorium through June 30, 2021. Governor Gavin Newsom, Senate President… Read more
Underpinning the Pandemic, Another Malady: Municipal Finances
COVID-19 and the resulting economic downturn made a considerable impact in many areas of the U.S. economy during 2020, but… Read more
Plan B is in the Works for California Vaccinations
Health insurance giant Blue Shield of California will be the outside administrator tasked with ramping up coronavirus vaccinations, the California… Read more