California
Cambridge Realty Provides $4M HUD Loan for Longview Nursing Care
Cambridge Realty Capital Companies has provided a $3,907,100 HUD Lean loan to refinance Summer Meadows, a 115-bed skilled nursing care… Read more
Brian Mooney Named Chairman of ULI San Diego-Tijuana
The Urban Land Institute’s (ULI) San Diego-Tijuana District Council has named Brian F. Mooney, FAICP, chairman of the 700-member binational… Read more
Colony Capital, Vantage Data Centers Form $1.2B Strategic Partnership
An investor group led by Los Angeles-based Colony Capital, Inc. formed a strategic partnership with Vantage Data Centers valued at… Read more
Dignity Health Buys 28 Acres at PCCP’s Folsom Ranch
San Francisco-based Dignity Health acquired 28 acres at PCCP’s Folsom Ranch Corporate Center in the Sacramento region for an undisclosed… Read more
DJM, Invesco Reveal Curated Retail Collective at Runway Playa Vista
Invesco Real Estate and DJM are bringing Free Market, a modern retail collective of curated brands, restaurants, and experiences, to… Read more
Hanley Handles County-Occupied Building Sale in San Bernardino
Hanley Investment Group Real Estate Advisors completed the $13,450,000 sale of a single-tenant office building occupied by the County of… Read more
Law Firm Takes 74K SF at $164M Life Science Development in Torrey Pines
Irvine, CA-based REIT, Healthpeak Properties, signed a 74,000-square-foot lease with Palo Alto-based international law firm Cooley at The Boardwalk in… Read more
Workforce Housing Project Secures $19M Financing
Parkview Financial provided a nearly $19-million construction loan to Schiller Park, IL-based MB Bloomingdale Trails, LLC. The loan will finance the development… Read more
Net-Leased 7-Eleven Trades for $7M in Venice
Marcus & Millichap has arranged the $6.5 million sale of a net-leased retail property occupied by 7-Eleven in Venice. Located… Read more
CBRE Secures $20M Acquisition Financing for Trio of SoCal Retail Centers
CBRE’s Capital Markets’ Debt & Structured Finance team arranged $19.9 million in acquisition financing for three retail centers in Southern… Read more
J.P. DiNapoli Unveils Striking Design for San Jose Office Tower
San Jose-based J.P. DiNapoli Cos. Inc. unveiled the design for Almaden Boulevard Tower, a proposed 20-story office development in downtown… Read more
Omninet Capital Expands Conejo Valley Portfolio
Beverly Hills-based Omninet Capital acquired a suburban office portfolio, totaling 256,602 square feet, in Westlake Village, CA from Topa Equities… Read more
San Francisco’s “Healthy Buildings” Ordinance Costly for CRE Owners to Implement
The San Francisco Board of Supervisors is set to vote into law what CRE industry leaders say is a redundant… Read more
Adaptive Reuse of Travis Building Lands $18M First Mortgage
Boston-based UC Funds recently provided funding for an $18.25-million first mortgage adaptive reuse conversion of the century-old Travis Building on… Read more
Chicago Mandates Quarantine on Travel from States with COVID Surges
The Lightfoot administration imposed a 14-day quarantine requirement for travelers entering Chicago from states experiencing a surge in new COVID-19… Read more
WeWork, Columbia Cancel Full-Building Lease in Midtown South
Columbia Property Trust and WeWork mutually agreed to terminate WeWork’s lease at Columbia’s 149 Madison Ave. The two companies announced… Read more
Bridge Development Partners Breaks Ground on Bridge Point Oakland
Chicago-based Bridge Development Partners, LLC broke ground on Bridge Point Oakland, a 534,208-square-foot facility at 5441 International Blvd. in Oakland.… Read more
California Proposition 21 Rent Control Ballot Measure Heads to Voters
California Secretary of State Alex Padilla formally assigned an official number for a California rent control ballot initiative, which will… Read more
City Blesses SDSU Mission Valley Stadium Site Sale
San Diego State University received an approval from the San Diego City Council on its $88-million acquisition of 135 acres… Read more