California
Traditional Brick and Mortar Brands Can ‘Crush It’ Online
By Dennis Kaiser Successfully competing in e-commerce comes with a hefty price tag, but retailers need to be on this… Read more
Air Quality on 2020 Agenda for Los Angeles Ports
The Ports of Los Angeles in Long Beach and San Pedro together see approximately 40% of the nation’s imports pass… Read more
Gelt Sells Santa Clarita Multifamily for $63M
Los Angeles-based investment and asset manager Gelt, Inc. has sold the 232-unit Monterra Ridge Apartments to Culver City-based BAG Investments… Read more
SRS Sells Outback Steakhouse Land for Nearly $7M
SRS Real Estate Partners’ National Net Lease Group has sold 1/2-acre of land supporting an Outback Steakhouse location for $7… Read more
San Francisco Earmarks $150M for Infrastructure Improvements
The San Francisco Public Utilities Commission (SFPUC) and partner agencies have earmarked $150 million to address coastal erosion at Ocean… Read more
Southern U.S. Will Lead 2020 Home Price Growth
Housing markets in the southern half of the U.S. will perform the best in 2020, according to economists and real… Read more
Top Five San Diego Projects and Trends to Follow for 2020
In a look to the year ahead, the San Diego Union Tribune has highlighted several key news stories to follow… Read more
Austin Tops Zillow’s 2020 Hottest Housing Market Survey
Austin came out on top when it came to forecasted housing performance in 2020. According to the Zillow Home Price… Read more
Dornin Investment Ends Hold on 189K-SF Parkway Plaza
Dornin Investment Group (DIG) ended a four-year hold on Parkway Plaza office park, consisting of five, single-story office buildings totaling… Read more
Lilly Garden Becomes Cali Investor’s First Phoenix Buy
Tower 16 Capital Partners and HG Capital joined forces to acquire Lilly Garden Apartments, a 180-unit multifamily property in Phoenix.… Read more
San Diego Investor Acquires Two Pacific Northwest MFs for More than $305M
MG Properties Group acquired two multifamily communities; the Pallas Apartments in Beaverton, OR and the Tivalli Apartments in Lynnwood, WA… Read more
Democratic Presidential Contenders Are Light on Specifics for Housing
The Democratic debate field has whittled down to seven top potential ticket leaders that qualified for last week’s Politico/PBS-sponsored debate… Read more
Kennedy Wilson Claims Five-State MF Portfolio for $342M
Beverly Hills, CA-based Kennedy Wilson acquired five multifamily properties in an off-market transaction with an undisclosed seller for $342 million.… Read more
Google to Anchor Brookfield’s Pier 70?
According to reporting from the San Francisco Business Times, Google is a potential anchor for Brookfield Properties’ Pier 70 development… Read more
First Washington Affiliate Secures $20M for Bay Area Retail Acquisition
GRI Fairmont, LLC, an affiliate of First Washington Realty, Inc., has committed to a 10-year, fixed-rate loan with PGIM Real… Read more
Healthcare REIT Lands $60M Refi via Gantry
Gantry recently arranged $60 million in refinancing for two medical office buildings in the Northeast. The borrower was a Southern California-based… Read more
North County San Diego Industrial Park Sells for $21M
CB Copperwood, LLC of Newport Beach has acquired Copperwood Center, an Oceanside, CA industrial park originally built in 1984, for… Read more
Anaheim Releases Stadium Development and Land Rights for $325M
The Anaheim City Council has officially transferred the land and development rights for 150 acres of parking lots and related… Read more
Inland Empire Grows Jobs During 2019
According to recent reporting by the San Bernardino Sun, Southern California’s job market appears poised to the end the year… Read more