California
ServerFarm, NYI Forge Chicago-Area Data Center Partnership
ServerFarm, a California-based data center developer, and NYI, which provides managed hybrid IT solutions, have formed a partnership to support the… Read more
Carmel Partners Constructing DTLA Arts District Tower
San Francisco-based multifamily developer Carmel Partners has broken ground on its first Arts District project in downtown Los Angeles. Plans… Read more
RIM Trades 216-Unit OakRidge Apartments to Bellaire Partners
California-based Regional Investment & Management (RIM) sold the 216-unit OakRidge Apartments, a Class B, value-add apartment complex on San Antonio’s… Read more
Ocean West Leads Record-Setting Acquisition of UC Davis Student Housing
Sol at West Village, a 2,289-bed, 663-unit class A student housing community in Davis, CA has been sold to a… Read more
Net Lease Investments Chart Record 2019 with $78B Across U.S.
In its year-end 2019 tabulations, CBRE is reporting U.S. net-lease investment reached record highs last year, with investors increasingly attracted… Read more
CushWake Report Details Thriving SD Life Sciences Market
The San Diego life sciences market, particularly the Torrey Pines submarket, is thriving according to a recent report from Cushman… Read more
Greenwood & McKenzie Lands 116-Unit Tustin MF for $41 Million
Asset manager and real estate investor Greenwood & McKenzie has completed the acquisition of Terra at Tustin, a 116-unit multifamily… Read more
Dana Brody Joins Marcus & Millichap as SVP
Dana Brody has joined Marcus & Millichap’s Encino, CA office as senior vice president, investments, specializing in multifamily. Most recently,… Read more
NKF Secures $87M for Lane’s Redwood City Takeout
With completion of construction, Lane Partners, LLC has secured $87 million in permanent financing for its 2075 Broadway, Class A,… Read more
UC Davis Medical Center Unveils $1.9B Expansion Plan
Sacramento’s UC Davis Medical Center is set to deploy approximately $1.9 billion to expand its footprint over the next decade… Read more
Rexford Brings 592K-SF San Fernando Business Center to 100% Occupancy
Following a recent 25,000-square-foot lease with 1st Choice Delivery, LLC, Rexford Industrial Realty, Inc., has effectively reached 100% occupancy at… Read more
Merlone Geier Unveils Plans for Transit-Oriented MXU in Lynnwood
San Francisco- and San Diego-based Merlone Geier Partners (MGP) unveiled plans for Northline Village, a 17-acre mixed-use development in Lynnwood,… Read more
BridgeCore Funds $11M for Apartment Upgrade/Cash Out
Beverly Hills-based BridgeCore Capital has funded a $10.9 million cash-out bridge loan for a West Los Angeles 50-unit apartment complex… Read more
Hanley Breaks-Out Fontana Sprouts in $10M Sale
Hanley Investment Group has completed the sale of a new-construction, single-tenant Sprouts Farmers Market at the Highland Village Shopping Center… Read more
Newport Beach Earmarks $3M for Affordable Housing Partner Search
The City of Newport Beach has approved a $3-million allocation to identify a private development partner for a permanent supportive… Read more
Port of Los Angeles Sees 25% Decrease of Expected Feb. 2020 Traffic
According to reporting by the Wall Street Journal, the Port of Los Angeles in San Pedro is projecting a 25%… Read more
California Investors Trade 116K-SF Eagleridge Shopping Center
CREIT, a private real estate investment trust affiliated with CIRE Equity, acquired the 116,305-square-foot Eagleridge Shopping Center in Pueblo, CO.… Read more
First Republic Commits $100M for San Francisco Affordable Housing
San Francisco’s First Republic Bank has committed a $100 million credit facility to the San Francisco Housing Accelerator Fund, a… Read more
Unire Promotes Griffin Cogorno as President
Brea, CA-based Unire Real Estate Group has promoted Griffin Cogorno to president of the asset management firm as Unire’s founder,… Read more