California
Apartment Landlords, Know Your Rent Collection Risk Profile
By Paul Bubny “There is no question that landlords have been challenged in 2020 by both federal, state, and municipal… Read more
Cabot Properties Divests from Nationwide Industrial Portfolio for $875M
Boston-based international private equity real estate investment firm Cabot Properties has divested from Cabot Industrial Core Fund L.P., a 27-property… Read more
Irvine Investor Secures Financing for Nearly 1M-SF Industrial Portfolio
Irvine-based The Moulton Company secured a $69-million loan for a four-property industrial portfolio totaling 991,634 square feet across the southwestern… Read more
Miramar Industrial Portfolio Sold for $11M
A joint venture partnership between San Diego-based Hill Properties and a fund managed by Westport Capital Partners acquired a two-building,… Read more
Partner ESI Grows Team by Nearly 160 During Pandemic
Torrance-based Partner Engineering and Science, Inc. has added 158 people since July, a growth rate designed to meet needs in… Read more
Rexford Buying Spree Continues, Boosts 2020 Activity to $1.1B
Los Angeles-based Rexford Industrial Realty, Inc. acquired a six-building industrial portfolio in Vernon for $93.8 million and an industrial outdoor… Read more
Rockwood-LPC Divest Downtown Los Angeles Tower for Nearly $200M to German Investor
Germany’s Deka Immobilien acquired 915 Wilshire in Los Angeles from Rockwood Capital and Lincoln Property Company West for roughly $196… Read more
Walker Webcast: Workday Co-Founder Aneel Bhusri Puts His Team First
The success of Workday, a cloud-based finance and HR platform that currently has a market capitalization of $55 billion, might… Read more
California Growth Rate Declines as Exodus Continues
A study by the California Department of Finance found that more people are relocating out of the Golden State than… Read more
Grocery-Anchored Shopping Center in Los Angeles’ Koreatown Sells for $58M
California Marketplace, a three-story retail property in Los Angeles’ Koreatown, traded hands for $57.5 million via a bankruptcy court auction.… Read more
Marcus & Millichap Arranges Oceanside Industrial Sale
Marcus & Millichap handled the sale of 4602 N. Avenue, a 43,028-square foot industrial property located in Oceanside. The asset… Read more
Behind the Deals: Drawbridge Adjusts to New Workplace Strategies
At a time when many multi-tenant office investors are facing increasing pressure as a result of changing workplace strategies, San… Read more
Parkview Delivers Construction Loan for Metro Portland MXU
Los Angeles-based Parkview Financial provided a $12.5-million construction loan to Village Development, LLC for a new a mixed-use project in… Read more
AAREP LA Adds Board Members Including CRE Vets Troy Jenkins, James Malone
African American Real Estate Professionals (AAREP LA) added several executive and advisory board members, while appointing new officers to its… Read more
Amazon Acquires San Francisco Site for $200M, Plans First Delivery Center
Amazon acquired a development site in San Francisco for $200 million with plans to develop a 150,000-square-foot delivery center. The… Read more
Collection of Vista Outparcel Pads Sold for $11M
The Shops at Vista Terrace Marketplace, a collection of three separate outparcels in Vista, traded hands for $10.67 million. The… Read more
Douglas McDonald Tapped for New Leadership Role at SummerHill
SummerHill Apartment Communities promoted Douglas L. McDonald to President of the San Ramon-based apartment, mixed-use infill rental housing developer. McDonald… Read more
Duke Boosts Total Investment in SoCal Market to $2B
Duke Realty Corporation reports current investment activity in SoCal totals more than $225 million, including a build-to-suit last mile facility,… Read more
Berkadia Arranges Sale of North Houston Apartments
Berkadia arranged the sale of Chartwell Court, a 243-unit garden style community in north Houston. Senior managing director Ryan Epstein, senior director… Read more