California
Matt Gibson Assumes Land Acquisition Role at New Home Co.
Aliso Viejo-based The New Home Company named Matt Gibson Corporate Vice President of Land Acquisition. He most recently served as… Read more
NorthMarq Delivers $52M in Financing for Ventura MF
San Mateo-based JB Matteson, Inc. received $51.5 million in permanent debt to refinance Vanoni Ranch Apartments, a 316-unit garden-style apartment… Read more
Pair of Sorrento Mesa Ground Leases Trade for $42M
San Francisco-based real estate investment firm Stockbridge Capital Group divested the ground leases of three parcels totaling roughly 12.5 acres… Read more
SAC Healthcare Takes Space in San Bernardino
SAC Healthcare signed a lease for more than 10,000 square feet at 275 Hospitality Lane in San Bernardino. The Federally… Read more
California to Build COVID-19 Testing Lab Capabilities via PerkinElmer Deal
California signed a contract with PerkinElmer, which will allow the state to process up to an additional 150,000 COVID-19 diagnostic… Read more
KeyBank Expands West Coast Presence, Names Andrew Nathenson to Lead Effort
KeyBank Community Development Lending and Investment (CDLI) appointed Andrew Nathenson to senior banker. He will be responsible for continuing KeyBank’s… Read more
Hughes Marino Appoints New Head of Portfolio Lease Administration, Advisory Services
San Diego-based Hughes Marino expanded its leadership team with the addition of Jennifer Hale as the company’s SVP and PLA… Read more
WNC Closes $153M Institutional Tax Credit Fund
Irvine, CA-based WNC closed WNC Institutional Tax Credit Fund 49 LP (WNC Fund 49). The fund raised $153 million in… Read more
Judah Hertz Retiring as Chair, CEO of L.A.-Based CRE Investment Firm
Judah Hertz, who started his real estate investment career with $1,000 and built a firm with 21 million square feet… Read more
Proposed Legislation Would Allow Duplexes on Most California Single-Family Parcels
A proposed California bill would allow duplexes on parcels that previously were only permitted for one house. Senate Bill 1120… Read more
Kofi Bonner Will Step into CEO Role at Bedrock Detroit
Kofi Bonner, former Cleveland Browns chief administrative officer and a leader behind some of California’s most notable recent coastal developments,… Read more
Dutch Bros Coffee Expanding to SoCal
Sage Investco’s plans for a Dutch Bros coffee shop in Indio were approved by the city. The proposed 850-square-foot coffee… Read more
CBRE Wins PG&E’s 1.4M-SF San Francisco HQ Campus Disposition Assignment
Pacific Gas and Electric Company’s 1.4-million-square-foot office complex in downtown San Francisco has officially hit the market. CBRE has been… Read more
JLL Executes Fullerton Acquisition for Metal Finishing Firm
Salher, LLC acquired a 48,235-square-foot industrial building located at 1450 Manhattan Ave. in Fullerton for $10 million. The buyer plans… Read more
Matthews Arranges $26M Sale of Chatsworth Apartment Complex
Mountain View Manor Apartments in Chatsworth traded hands for $26.4 million. The 97-unit community is located at 21700-34 Septo St.… Read more
Downtown Works Opens Hospitality-Inspired Co-Working Site in Carlsbad
Downtown Works opened a 15,000-square-foot flexible co-working space on 4.9 acres in Carlsbad at 2011 Palomar Airport Rd. The site… Read more
Trammell Crow-High Street Builds Bay Area MF Practice
The Northern California Business Unit of Trammell Crow Company (TCC) and High Street Residential added Brian Pianca as SVP in… Read more
Granite Launches ADA Upgrade on Homewood Amtrak Station
Infrastructure contractor Granite, based in Watsonville, CA, has begun work for a $13-million upgrade at the Homewood, IL Amtrak and Metra Station in Chicago’s… Read more
City National Bank Renews, Extends at 1140 Sixth Ave.
New York City REIT, Inc. (NYC) completed an early renewal and extension of City National Bank’s (CNB) lease of retail… Read more