California
Mogharebi Group Arranges Modesto Sale for Investment Firm
The Mogharebi Group brokered the $34.6-million sale of Willow Grove Apartments, a 158-unit multifamily community located at 3400 Coffee Rd.… Read more
LA Commissioners Okay $2B Fourth & Central Mega-Project
The Los Angeles Planning Commission signed off on Fourth & Central, a $2-billion mixed-use proposal that would add apartments, offices,… Read more
Hotel, Residential Highrise Planned for Uptown Dallas
Proper Hospitality and Lincoln Property Co. are joining forces on a 34-story tower that will include 200 hotel rooms and 80 residences… Read more
NAIOP SoCal’s USC vs. UCLA Real Estate Challenge Focuses on Pico Rivera Site
Now in its 28th year, the NAIOP SoCal USC vs. UCLA Real Estate Challenge will be held on Nov. 20 on the USC… Read more
OC Retail, Industrial Assets Trade in 7021 Exchange
Colliers arranged the $15.5-million acquisition of two retail buildings in North Orange County and an industrial building in MidCounties. The… Read more
Gantry Arranges Refi from Insurer for San Jose Industrial
Gantry secured a $12.7-million permanent loan to refinance a stabilized multi-tenant industrial building located at 2071 Ringwood Ave. in San… Read more
California Forever Team Proposes Building within Expanded Suisun City
California Forever has submitted a formal application to build a new city of 400,000 people as part of the expansion… Read more
Solar Shingle Maker Leaving CA, Chooses Georgetown for HQ
GAF Energy will shutter its California plant and relocate its operations, including its headquarters, to a 450,000-square-foot factory in Georgetown.… Read more
Gantry Secures Refi for 302-Unit Las Vegas Apartment Community
Gantry secured a $63.2 million permanent loan to retire construction financing for Aspire at Redwood, a class A apartment community… Read more
HACLA Acquires Emerald Apartments to Expand Affordability
The Housing Authority of the City of Los Angeles (HACLA) recently acquired the 154-unit Emerald Apartments, located within the South… Read more
Invivoscribe Renews U.S. Headquarters Lease in Sorrento Mesa
Newmark arranged a U.S. headquarters lease renewal for Invivoscribe, a global biotechnology company, at 10222 Barnes Canyon Rd. in San… Read more
Private Investor Acquires Two Bay Area Properties in 1031 Exchange
Levin Johnston of Marcus & Millichap directed the acquisitions of two Bay Area multifamily assets totaling 70 units for $24.35… Read more
LA Sparks Bringing HQ to El Segundo, Joining Four Other Pro Teams
Three-time WNBA Champion Los Angeles Sparks announced plans to build a $150-million training and practice facility in El Segundo. Scheduled… Read more
Pegasus Advises on $11M Disposition of Chicago Multifamily Portfolio
Pegasus, a national commercial real estate advisory firm, announced the disposition of an eight-building, 94-unit multifamily portfolio in Chicago’s Rogers… Read more
Northmarq Arranges Financing for Casa Grande BTR Sale
Northmarq’s Phoenix Multifamily Investment Sales team has arranged the $30 million sale of Solana Place at Carlton Commons, a newly built 113-unit… Read more
Hanley Completes Break-Up Retail Center Sales in Santa Clarita
Hanley Investment Group Real Estate Advisors finalized a break-up strategy at Centre Pointe Marketplace in Santa Clarita, representing the seller and… Read more
Walker & Dunlop Arranges $146M Refi on Yorba Linda Apartments
Walker & Dunlop, Inc. said Monday it arranged $145,750,000 in first mortgage and preferred equity to refinance Bryant at Yorba Linda,… Read more