California
Wafra Invests $400M in Digital Colony Platform
New York-based Wafra Inc. is acquiring a minority stake in Digital Colony, the digital investment management division of Los Angeles-based… Read more
MedCore, TNRG Buy Seven-Market Seniors Housing Portfolio
Dallas-based MedCore Partners and Houston-based The National Realty Group, together with BMO Harris Bank and Locust Point Capital, acquired a… Read more
CBRE Global Investors Acquires Two Class A San Jose Office Buildings
A fund sponsored by CBRE Global Investors acquired two Class A office buildings in San Jose, reportedly for nearly $173.54… Read more
CREW San Diego to Host Virtual Mid-Year Economic Update
CREW San Diego will host Ray Major, chief economist and chief data and analytics officer with SANDAG, for the organizations’… Read more
High Desert Hotel to be Sold in Bankruptcy Auction
The Inn at Silver Lakes Resort Lodge Owners Association engaged NRC Realty & Capital Advisors, LLC to sell 100% of… Read more
Los Angeles Accepting Applications for $100M COVID-19 Rent Relief Program
The window to apply for Los Angeles’ $100-million COVID-19 rent relief program opens today. Renters can apply for up to… Read more
Onni Updates Design Plan for Times Mirror Square Redevelopment in L.A.
Vancouver, Canada-based developer Onni Group updated its designs for Times Mirror Square, a proposed mixed-use high-rise development on a 3.6-acre… Read more
CapRock Claims Another Industrial Asset in Phoenix
Newport Beach, CA-based CapRock Partners acquired a newly constructed industrial building at 4615 W. McDowell Rd. in Phoenix, reportedly for… Read more
Bay Area Retail Center Sells for Nearly $23M
Del Norte Marketplace, a fully leased, 64,270-square-foot, pharmacy-anchored shopping center located in the San Francisco Bay Area community of El… Read more
California Job Market Improves, State Issues $41.3B in Unemployment Benefits
The job market in California showed signs of life last week despite the economic turmoil and cutbacks caused by the… Read more
Griffin Capital Divests Simi Valley Asset for Nearly $25M
El Segundo-based Griffin Capital Essential Asset REIT, Inc. sold a 273,241-square-foot office property located at 1800 Tapo Canyon in Simi… Read more
Santa Ana’s Nineteen01 Debuts SoCal’s First Autonomous Convenience Store
Tustin-based Greenwood & McKenzie says it has opened SoCal’s first autonomous store, QuickEats Close Convenience from Aramark at its Nineteen01… Read more
Development Practices: Creating Collaborative Atmospheres on Apartment Projects
By Dennis Kaiser Collaboration is a word often used in business settings as a concept teams should aspire to adopt… Read more
MIG Acquires Multifamily Development Site in Denver
Newport Beach, CA-based MIG Real Estate LLC purchased a 1.04-acre development site in Denver from an unnamed private seller for… Read more
Andrew McDonald Steps into Americas Chief Executive Role at Cushman & Wakefield
Cushman & Wakefield tapped Andrew McDonald to take over the helm of the Americas for the global commercial real estate… Read more
Avison Young Handles Orbis Land Deal in Perris, Industrial Development Planned
Newport Beach-based Orbis Real Estate Partners acquired a 5.87-acre land parcel in Perris, CA for $2.26 million. The company is… Read more
BLT Enterprises Buys Carlsbad Facility for $40M
Los Angeles-based BLT Enterprises acquired Create, a newly developed 146,108-square-foot Class A pharmaceutical manufacturing facility in Carlsbad from RPG, formerly… Read more
Brasa Expands into Credit, Adds to Team
Los Angeles-based Brasa Capital Management closed its first credit vehicle, Brasa Credit I, LP. The vehicle will now allow Brasa… Read more
Jim Dennis Joins Kidder Mathews’ Roseville Office
Kidder Mathews expanded its team in Roseville with the addition of Jim Dennis who joins from Colliers International. He will… Read more