California
$1-Trillion COVID-19 Relief Measure Comes to the Senate Floor
Following 90-8 Senate passage of a $105-billion House bill to provide economic relief from the coronavirus pandemic, later signed by… Read more
Californians Ordered to Remain Home to Help Thwart COVID-19 Outbreak
California Governor Gavin Newsom, on Thursday evening, ordered all 40 million California residents to stay at home immediately in response… Read more
SIOR Recognizes Top Deals, Dealmakers of 2019
The Society of Industrial and Office Realtors (SIOR) announced its Top Transactions Award Winners of 2019. The Washington, D.C.-based group… Read more
Shopoff Boosts Wholesale Division with New Capital Markets Executives
Irvine, CA-based Shopoff Realty Investments expanded its capital markets team with the addition of two executives, Scott Scherer and Gary… Read more
Matthews Completes 17-Property SoCal MF Portfolio Transaction for $108M
Matthews Real Estate Investment Services handled the sale of 17 multifamily properties in Southern California for a combined transaction value… Read more
Investor Interest Turns the Midwest into a Multifamily Hot Spot
By Paul Bubny Few regions of the U.S. have seen quite the uptick of investor interest that the Midwest has… Read more
Scott Finnegan Joins Select Capital in Pacific South Region Role
Select Capital Corporation hired financial industry veteran Scott Finnegan as regional vice president, responsible for sales in the pacific south… Read more
Rockpoint Buys Miracle Mile Tower for $312M
Boston-based Rockpoint Group acquired 5900 Wilshire Blvd., a 32-story Miracle Mile office tower, from PGIM Inc., AXA Equitable Life Insurance… Read more
Yardi Matrix: Multifamily May Feel COVID-19 Impact
The global spread of the COVID-19 virus has brought a technical end to the 11-year bull market in equities, forced… Read more
Coworking Company Convene Closes Boston Location Amid COVID-19 Outbreak
Coworking company Convene has closed its location in downtown Boston in response to the ongoing outbreak of COVID-19. The New… Read more
Greensboro Retail Center Trades for $3M
Stan Johnson Co. has brokered the $2.6 million sale of a multi-tenant retail center in Greensboro, NC. Located at 1314… Read more
CBRE Arranges Sale & Financing for Swift’s $56M San Jose Buy
Swift Real Estate Partners has acquired Hellyer Oaks Technology Park, two interconnected office/R&D buildings located at 5215 and 5225 Hellyer… Read more
Providence First to Launch Drive-Through Testing in OC
Two medical centers in Orange County are the first local health facilities reportedly offering drive-thru swabbing for COVID-19. The two… Read more
San Diego County Mall Anchors to Close for Two Weeks
According to reporting by the San Diego Union Tribune, mall anchors Macy’s, Bloomingdale’s and Nordstrom will close for an anticipated… Read more
Cushman & Wakefield Completes $19M Sale of Azusa Retail
Cushman & Wakefield has completed the $18.6 million sale of University Promenade, a 74,828-square-foot retail shopping center in Azusa (Los… Read more
Mesa West Capital Funds $65M for Sares Regis Buy
Mesa West Capital has provided Newport Beach, CA-based real estate development and investment firm Sares Regis Group with $65 million… Read more
CRE Leaders Share Best Office Property Practices on Coronavirus Safety (WEBINAR)
Even as COVID-19 concerns have prompted many office-using employees to work from home, the office environment remains an area of… Read more
Palisades Tennis Club Signs 10-Year Lease for NPB Facilities
Newport Beach, CA’s Palisades Tennis Club (Palisades), has committed to a new, 10-year lease agreement with Fluter Properties, owner of… Read more
Trion Delivers First Ground-Up with 28 Culver City Units
West Hollywood, CA-based multifamily investor Trion Properties has completed its first ground-up development project with a 28-unit multifamily community in… Read more