California
U.S. Apartment Rent Growth Turns Negative for September
U.S. multifamily advertised rents fell $6 to an average of $1,750 in September in the worst one-month drop since November… Read more
Dinerstein Launches First Apartment Project in Orange County
The Dinerstein Companies (TDC) unveiled development plans for its newest property, Atlas Fullerton, a 329-unit, five-story Class A multifamily development.… Read more
In-N-Out Burger Acquires 71K-SF Property in Gresham
In-N-Out Burger is expanding its presence in the Portland area with its purchase of a 71,000-square-foot industrial space in Gresham.… Read more
Cox Castle, Bay Area Council Laud CLRRA Extension, Now Signed into Law
Cox, Castle & Nicholson LLP, in collaboration with the Bay Area Council, said Wednesday that Assembly Bill 961 (AB 961)—a key… Read more
Braemar Goes Under Contract to Sell San Francisco’s Clancy Hotel
Braemar Hotels & Resorts Inc., an affiliate of Ashford Inc., said Wednesday it had entered into a definitive agreement to… Read more
Landmark Holmby Hall in Westwood Fetches $33M
Holmby Hall, a landmark property located at 921 Westwood Blvd. in Los Angeles, has sold for $32,675,000 in a transaction arranged… Read more
West Seattle Apartment Portfolio Sells for $111M
A two-building multifamily portfolio in the West Seattle Junction area has traded for $111 million. The mixed-use properties include the… Read more
San Mateo Offices with Redevelopment Potential Change Hands
Cushman & Wakefield arranged the sale of 1840 Gateway, a 70,098-square-foot Class A office building located in San Mateo. The final… Read more
Newsom Signs Bill Clarifying 2024 Warehouse Development Legislation
California Gov. Gavin Newsom has signed SB 415, a follow-up to the landmark warehouse siting and development legislation enacted by… Read more
DealGround Unveils AI-Based Deal Intelligence at ICSC Palm Springs
DealGround recently launched its AI-native commercial real estate platform at ICSC Palm Springs, one of the industry’s largest gatherings of CRE… Read more
Related California Opens Rental Project on Site of Santa Monica Vons
Related California unveiled 700 Broadway, a new residential building with 196 rental homes on the site of a decades-old Vons supermarket in… Read more
CapRock Closes Fourth Value-Add Industrial Fund
CapRock Partners, a privately-owned investor and developer of industrial real estate in the Western and Central U.S., said Monday it… Read more
CushWake Engaged to Find Sites for Air Taxi Vertiports
VertiPorts by Atlantic, a wholly owned subsidiary of Atlantic Aviation, selected Cushman & Wakefield as its preferred real estate advisor… Read more
Boston Financial Closes $237M Multi-Investor LIHTC Fund
Boston Financial, an Orix company and the longest-standing syndicator focused exclusively on affordable housing, has closed on Boston Financial Institutional… Read more
Fifth Third to Acquire Comerica in $10.9B All-Stock Deal
Fifth Third Bancorp and Comerica Incorporated said Monday they have entered into a definitive merger agreement under which Fifth Third… Read more
Thousand Oaks Shopping Center Trades to Gerrity Group
Newmark Pacific completed the $45.5-million sale of Conejo Valley Plaza, a 127,032-square-foot grocery-anchored shopping center located in Thousand Oaks. Gerrity… Read more
Stos Completes Disposition of Two-Property Industrial Portfolio
Stos Partners, a privately held commercial real estate investment and management firm specializing in industrial value-add strategies, completed the sale of 145… Read more
Cogent Biosciences Relocates Headquarters to BXP’s 180 CityPoint
Cogent Biosciences, Inc. has signed a 31,518-square-foot lease at 180 CityPoint, a Class A office and life sciences building owned and… Read more