California
TCN Worldwide Adds IE-Based Foremost Commercial to Network
TCN Worldwide, one of the largest networks of independent commercial real estate firms, has added Foremost Commercial Real Estate Services (FCRE)… Read more
Northmarq Arranges $74M Chula Vista Multifamily Sale
Northmarq’s San Diego office completed the $73.75-million sale of Canyon Villa, a 183-unit garden-style apartment community located at 601 Telegraph Canyon Rd.… Read more
At Connect Apartments 2025, Hessam Nadji Predicts “Major Wave of Capital” Coming to CRE
“We’re just at the beginning of a major wave of capital moving toward commercial real estate and apartments in particular,”… Read more
Longtime Investor Team Converting Boca Raton MOB
Cypress West Partners (Cypress West), in joint venture with TPG Angelo Gordon, acquired Del Mar Medical Park, a two-building, 101,546-square-foot… Read more
Goodman Tops Out 32-MW Vernon Data Center
Goodman Group has completed the structural topping out of its Goodman LAX01 Vernon data center at 3094 E. Vernon Ave. in Vernon. The 263,409-square-foot facility… Read more
Sack Capital, Belveron Team on San Jose Apartment Acquisition
Sack Capital Partners and Belveron Partners have acquired Fountain Park, a 164-unit garden-style apartment community at 1026 S. De Anza Blvd. in San… Read more
CA Senate Enacts Bill to Expand High-Density Housing Near Transit
The California State Senate has enacted Senate Bill 79, which overrides local zoning laws to expand high-density housing near transit… Read more
LA Multifamily Portfolio Surmounts Challenges, Trades for $25M
Marcus & Millichap closed the sale of a seven-property, 275-unit multifamily portfolio in the Koreatown and Westlake neighborhoods of Los Angeles.… Read more
Shopoff Offloads Fee Simple Land Interest in Cathedral City
Shopoff Realty Investments has sold Date Palm Interiors, a fee simple land interest on homes located within the Desert Princess Community in… Read more
CBRE Arranges Refi Loan on Stockton Power Center
CBRE secured an approximately $50-million refinancing loan for Park West Place, a 554,438-square-foot retail power center located in Stockton. The loan… Read more
Ashford Goes Under Contract to Sell Sorrento Mesa Hotel Property
Dallas-based Ashford Hospitality Trust has signed a definitive agreement to sell the 150-room Residence Inn San Diego Sorrento Mesa located… Read more
Bellevue-Based Terreno Realty Acquires $194M Industrial Portfolio
Bellevue-based Terreno Realty Corporation has acquired industrial properties located in Florida and New Jersey for approximately $194.3 million. The portfolio… Read more
Bridge Loan Will Help Fund Acquisition of Burbank Industrial
JLL Capital Markets arranged acquisition financing for the purchase of an industrial manufacturing campus at 100-104 E. Graham Pl. in Burbank. Terms… Read more
Rockefeller Group Breaks Ground on Warehouse Development
New York-based Rockefeller Group recently broke ground on a 186,873-square-foot industrial building at 16512 51st Ave. NE in Arlington, Washington.… Read more
Northmarq Secures $50M from Freddie Mac for Santa Ana Apartments
Northmarq’s Newport Beach Debt + Equity team secured $50.121 million in financing for River House Apartment Homes, a 240-unit garden-style apartment community built… Read more
Sonnenblick-Eichner Arranges First Mortgage Debt on Coastal SoCal Hotels
Sonnenblick-Eichner Company arranged $126.136 million of first mortgage debt for Pacifica Hotels to refinance a portfolio of seven Southern California… Read more
Live, Work, Play . . . Healthcare?
The concept of residential living combined with nearby office and retail isn’t new—mixed-use has been around for a while. Interestingly… Read more
Kayne Anderson, Remedy Acquire 3 Denver-Area MOBs
Kayne Anderson Real Estate and Remedy Medical Properties combined efforts to acquire three medical office buildings, two in one transaction,… Read more