California
DTLA’s Ace Hotel Trades Hands, Not Flag, for $117M
Park Hotels & Resorts (NYSE:PK) has reportedly sold Downtown Los Angeles’ 182-room Ace Hotel for $117 million, or $643,000 per… Read more
Calling L.A.’s Best Buildings
By Dennis Kaiser Better buildings will play a central role in the decarbonization of the economy. The Los Angeles Better… Read more
Connect 3 Q&A: Fred B. Cordova, III – Turning Asset Pain Into Investor Gain
By Chris Egger The close of 2020 has Connect Media looking to catch up with some of the legends of… Read more
Boston Properties Greenlit for SoMa Class A Office Development
Boston Properties (NYSE: BXP) has received unanimous approval from San Francisco’s Planning Commission for its 4th and Harrison development in… Read more
Beacon Releases California 2020 Forecast; Jobs Gain, Home Supply Constrained
Beacon Economics, LLC has made a name for itself as an independent research and consulting firm with a keen sense… Read more
Colliers Completes $25M Santa Monica Multifamily Sale
Colliers International has completed the all-cash sale of a classic mid-century modern apartment building located on Santa Monica’s Ocean Avenue… Read more
Brea’s Dwight Manley Identities Workforce Housing Solution
According to his recent interview with the Orange County Business Journal, Dwight Manley believes he has the answer to the… Read more
Rockefeller/MBK JV Set to Develop Fontana Distribution Center
Rockefeller Group is set to finalize a joint venture with MBK Real Estate for development of a 297,161-square-foot industrial building… Read more
Kilroy Claims Seattle Site for $133M, Plans 900K-SF MXU Near Amazon HQ
Kilroy Realty Corp. acquired a 1.37-acre, five parcel land site in Seattle’s CBD near Amazon’s main corporate HQ from Vance… Read more
OpenTable Ranks Top 100 Restaurants in America
Online restaurant reservation website OpenTable has revealed the top 100 restaurants in America for 2019, according to OpenTable diners. The… Read more
Report: Home Prices Increased 5% in November Amid Decline in Inventory
U.S. home sale prices increased 5.2% year-over-year in November to a median of $311,600, according to a new report from… Read more
SDSU Nearing End Zone for New Mission Valley Stadium Location
The city of San Diego is on track to sell 135 acres of its Mission Valley stadium site to San… Read more
Waterman Crossing Multifamily Receives $12M Construction Financing
A CBRE Capital Markets Debt & Structured Finance team has arranged $11.7 million in construction financing for Waterman Crossing, a… Read more
L.A. Times Print Production Facility Sells for $240M
The sprawling downtown plant where the Los Angeles Times is printed has been sold to a New York real estate… Read more
Connect 3 Q&A: Gerald “Jerry” Katell – The Art of CRE
Photos from Jerry Katell By Chris Egger Bonafide commercial real estate legend? Renaissance man? Humanitarian? Philanthropist? Artist? If you have… Read more
Long Beach is California Dreaming as Angels Remain at Anaheim Stadium
The decision of Angels owner Arte Moreno to keep the team at its Anaheim Stadium home had longtime fans in… Read more
Nation’s Eyes on California as State Wrestles with Affordable Housing
The NY Times has put a spotlight on California’s affordable housing and homelessness struggle, with recent coverage of an Oakland… Read more
U.S. Government Completes $741M Border Crossing
The U.S. government has finished the expansion of the San Ysidro port of entry, a project nearly a decade in… Read more
Greenland USA Completes Final Build at DTLA’s Metropolis
Greenland USA has completed construction on DTLA’s Metropolis and received a Temporary Certificate of Occupancy for its fourth and final… Read more