California
Greystar, Belmont Team Up on 17-Story Senior Living Tower in La Jolla
Belmont Village Senior Living and Greystar unveiled plans to break ground on Belmont Village Senior Living of La Jolla. The… Read more
California Extends Eviction Rules Moratorium, CAA Updates Guidance for Landlords
California Governor Gavin Newsom has extended the executive order issued in March that allowed local governments to enact COVID-19 eviction… Read more
CBRE Handles $23M South County Acquisition for Fairmont Private Schools
Fairmont Private Schools acquired a private school campus in San Juan Capistrano from Saddleback Valley Christian for $22.75 million. Located… Read more
Wonderful: Delivering Flexible Solutions to Meet Tenant Needs In Evolving Times
By Dennis Kaiser It might be easy to focus on the agricultural and western ranch activities of California’s Southern Central… Read more
$1.5B Warner Center Promenade 2035 MXU Stadium District Advances
Unibail-Rodamco-Westfield received a unanimous approval from the L.A. City Planning Commission for Promenade 2035, a mixed-use project in Woodland Hills’… Read more
FivePoint, City of Hope Complete Building, Land Sale in $1B Cancer Center Complex
City of Hope acquired a 190,000-square-foot, four-story building and 11 adjacent acres for $108 million from Five Point Office Venture… Read more
Harrison Street, BioScience Sign Lease at Sorrento Mesa Life Science Campus
Wateridge Property Owner LP, a venture between Harrison Street and BioScience Properties (BPI), signed a lease with AnaptysBio for 45,057… Read more
CBRE Completes $100M in Colorado Industrial Deals
CBRE handled a pair of industrial sales totaling more than $100 million in Colorado. The larger of the deals involved… Read more
Prado Group Expands into Pacific Northwest
Prado Group hired Bridgett McCormick as its new Acquisitions Manager for the Pacific Northwest. McCormick previously worked at Prado Group… Read more
McCarthy Cook Launches $300M Redevelopment of Westside Complex
California-based McCarthy Cook and partner Northwood Investors commenced a $300-million redevelopment of Trident Center, an office complex on Los Angeles’… Read more
Omninet Capital Claims Torrance, Commerce Office Complexes for $80M
NKF completed a pair of office deals in SoCal totaling nearly $80 million. One transaction was in Torrance, the other… Read more
Hunt Provides $21M FHA Loan to Refinance San Ysidro Affordable Housing Community
Hunt Real Estate Capital provided $20.8 million in refinancing through the FHA 223(a)(7) loan program for Rio Vista Apartments, an… Read more
Rose Community Capital Launches New Bridge Lending Program, Funds First Acquisition
Rose Community Capital, the lending arm of Jonathan Rose Companies focused on the origination, underwriting and placement of FHA insured… Read more
Land Advisors Expands Capital Advisory to Texas
Land Advisors Capital, a wholly-owned subsidiary of Land Advisors Organization, has expanded its capital advisory services platform to Texas. Michael… Read more
Greystone Delivers $86M for Newly-Built Northern California MF
New York-based Greystone closed on a 10-year, $86.2 million Freddie Mac loan refinancing of Aspire Apartments in Northern California. The… Read more
Kidder Mathews Handles DTx Pharma Deal at Longfellow’s SOVA South Project
San Diego-based DTx Pharma subleased 14,123 square feet of life science lab space at SOVA Science District South in San… Read more
California Governor Continues to Transition Stay-Home Orders with New Modifications
California Governor Gavin Newsom issued new guidance on Tuesday that allows barbershops and hair salons to immediately reopen in counties… Read more
120-Acre Industrial Site in Imperial County Trades at Auction
ADJ Holdings LLC acquired a 120-acre industrial-zoned land property in Imperial County, CA through an auction process run by Ritchie… Read more
Smart Foodservice Portfolio Trades Hands
Kidder Mathews’ Erik Swanson and Mike King executed the $10.95-million sale of a 40,000-square-foot Smart Foodservice portfolio. The two-property portfolio… Read more