California
Sares-Regis Sells Phoenix Apartment Community for $90M
Alanza Place Apartments in Phoenix traded hands for more than $90 million. The 360-unit multifamily asset was acquired by a… Read more
Watermark Divests Denver MF to California Buyer for $75M
California-based Borello Asset Management, Inc. acquired Watermark at First Creek, a 264-unit Class A multifamily community in Denver, for $74.65… Read more
Westcore Acquires Riverside Facility in $15M Off-Market Deal
San Diego-based Westcore acquired a 133,825-square-foot manufacturing facility at 5821 Wilderness Ave. in Riverside. The industrial real estate firm purchased… Read more
Champion Gets Green Light on 30-Story Tower in Hollywood
Los Angeles-based Champion Real Estate Co. received L.A. City Council approval on a 30-story mixed-use project in Hollywood. The proposed… Read more
Gov. Newsom Launches “Vaccinate All 58” Campaign as First Vaccines Arrive in California
California Governor Gavin Newsom on Monday launched “Vaccinate All 58,” California’s campaign for a safe, fair and equitable vaccine for… Read more
MIG Expands Leadership Team with Addition of Robbie Dodd
Robbie Dodd joined Newport Beach-based MIG Real Estate LCC as Chief Financial Officer. He previously served as Chief Financial Officer… Read more
Presidio Bay, Kinship JV Plans Life Science Conversion in San Carlos
San Francisco-based Presidio Bay Ventures, in a joint venture with Kinship Capital, acquired 777 Industrial Rd. in San Carlos. The… Read more
McShane Construction’s Jeff Raday Stepping Down
After serving as president of McShane Construction Company for 22 years, Jeff Raday will retire at the end of the… Read more
California HQ Exodus Less Painful Considering Record-Breaking Public Debuts
Oracle’s headquarters move to Austin is the latest in a series of California corporate relocations to Texas, a list that… Read more
Chula Vista Net-Leased Asset Trades for $10M
A 42,000-square-foot net leased commercial building in Chula Vista traded hands for $10 million. The buyer was FUGU, LLC and… Read more
ExchangeRight Fully Subscribes Nearly $100M Net-Leased DST Portfolio
Pasadena-based ExchangeRight reports it has fully subscribed its $99.72 million Net-Leased Portfolio 40 DST offering leased exclusively to national creditworthy… Read more
Provender Partners, Cerberus Form Cold Storage JV
Newport Beach-based Provender Partners formed a joint venture with an affiliate of Cerberus Capital Management, L.P. The partnership will focus… Read more
Oracle Relocating to Texas from Silicon Valley
Software giant Oracle Corp., a Silicon Valley mainstay for more than 40 years, said Friday it would relocate its headquarters to… Read more
IPG, Batson-Cook Team on 55+ Project in New Braunfels
Imprint Property Group (IPG) broke ground on its third active adult recreational community in Texas. The 184-unit Larkspur at Creekside in… Read more
MG Properties Bags Bellevue MF from Kennedy Wilson for $191M
San Diego-based MG Properties Group acquired the LIV Bel-Red Apartment Homes in Bellevue for $191 million. The seller was Kennedy… Read more
Building a Better, More Sustainable Future in Los Angeles (Part 2)
By Dennis Kaiser Part 2: Building A Model of Sustainability Through Innovation As a new Presidential administration transitions to lead… Read more
Cityview Secures Funding for $125M Opportunity Zone Development Near USC
Los Angeles-based Cityview secured funding for Adams & Grand, a $125-million mixed-use project located in a Los Angeles opportunity zone… Read more
Hanley Raises $25,360 for Movember, Brings 10-Year Total to $268K
Corona del Mar-based Hanley Investment Group Real Estate Advisors raised $25,360 during its annual Movember campaign. This marks Hanley’s 10th… Read more
Orbis Divests Inland Empire Development Sites for $140M
Newport Beach-based Orbis Real Estate Partners divested two landmark Inland Empire industrial projects for $140 million. The deals encompass roughly… Read more