California
NYC Slips from Top 10 for Priciest Housing Markets
For the first time, New York City has no zip codes ranking among the nation’s 10 most expensive U.S. housing… Read more
Chris Neighbor Named President of SummerHill Homes
San Ramon-based SummerHill Housing Group, the umbrella organization for SummerHill Homes, and SummerHill Apartment Communities, promoted Chris Neighbor to the… Read more
JLL Tapped for St. Vincent’s Medical Center Campus Assignment
The JLL team of Chris Isola, Bryan Lewitt, Tony Morales and Kellie Hill was tapped to handle the St. Vincent’s… Read more
MGR Boosts Office Portfolio with Rancho Cucamonga Multi-Tenant Building
Ontario-based MGR acquired a multi-tenant office building in Rancho Cucamonga for $3,750,000. The seller was undisclosed. The two-story professional building… Read more
Paxion Takes Major Stake in Patrinely Group
Paxion Capital, based in Menlo Park, CA, is acquiring a significant stake in Houston-based investment and development firm Patrinely Group. Paxion’s co-founders,… Read more
Recently Delivered Starbucks in Fullerton Sold
Calbay Development, LLC, a Manhattan Beach-based retail development company, divested a single-tenant retail building in Fullerton. An unnamed private, high-net-worth… Read more
Responsible Residential to Develop Townhomes in Santee
El Cajon-based Responsible Residential secured $3.45 million in construction financing for development of the Carlton Oaks Townhome in East San… Read more
Schaumburg CVS Sells to DST Buyer
JLL Capital Markets recently closed the $5.1-million sale of a 13,180-square-foot, single-tenant retail building ground leased to CVS Pharmacy in Schaumburg,… Read more
Meridian Capital Secures $35M Refinancing for Kennesaw MF Property
Meridian Capital Group has arranged a $34.6 million cash-out refinance for the Greenhouse Apartments, a 489-unit multifamily property in Kennesaw,… Read more
Expedia’s Peter Kern is Bullish on a Quick Recovery for Travel
Peter Kern began his tenure as Expedia Group’s CEO in April, right around the time that large swaths of the… Read more
A Developer’s Primer on Maintaining Momentum During Downturns
As a developer whose 20 years of experience have spanned market peaks and troughs, Urban Catalyst founder Erik Hayden knows… Read more
CushWake Team Brokers Sale of 7-State MOB Portfolio
Cushman & Wakefield’s Chicago-based Healthcare Capital Markets team recently completed the sale of the GenesisCare Portfolio. Managing directors Gino Lollio, Scott Niedergang… Read more
Pandemic Accelerates Migration to Arizona
Relocations into Arizona are accelerating as the COVID-19 pandemic persists. Research by CBRE shows residents inbound from the California represented… Read more
Highland Secures $41M for Washington State University Student Housing
Highland Realty Capital arranged a $40.95 million bridge loan for The Ruckus at Washington State University in Pullman. The financing… Read more
Karis Cold Recapitalizes with New Partner
Karis Cold Storage, a Schaumburg, IL-based cold storage investment and development platform, closed on a recapitalization of the company to add… Read more
Net-Leased Home Depot Fetches $34M
Newmark arranged the sale of an off-market Home Depot for $34 million. The single-tenant, 120,000-square-foot ground-leased building at 75 McLean… Read more
Electronic Arts Relocates LA Studio HQ to New Del Rey Campus
Continental Development Corporation and Mar Ventures, Inc. signed a 10-year lease with Electronic Arts for the entire 58,034-square-foot building at… Read more
HelloOffice Reborn as Raise, Adds New Product, Service Lines
San Francisco-based Raise officially launches today of a re-designed technology platform, new website, and new workplace services offering for clients.… Read more
IQHQ Completes Second Equity Raise of $1.7B
San Diego-based IQHQ completed a second $1.7 billion equity raise from new and existing strategic partners. Supported by two rounds… Read more