California
Elon Musk’s Boring Company Breaks Ground on Las Vegas Tunnel Project
The Boring Company broke ground on its Las Vegas tunnel that connects the city’s convention center to sites across Sin… Read more
Essex Snags Pair of Seattle MF’s from Greystar for $133M
San Mateo, CA-based Essex Property Trust acquired two apartment assets in Seattle’s Fremont neighborhood from South Carolina-based Greystar. The deals’… Read more
Consumers Bullish on Thanksgiving Weekend, Sales Forecasted to Top $101B
By Dennis Kaiser Retailers expect a strong turnout at stores and shopping centers this Thanksgiving Weekend, though there will be… Read more
Women in Real Estate 2019: NKF’s Lynn Kious Leverages Corporate Experience
As senior managing director, brokerage services with NKF, Lynn Kious has leveraged 25-plus years of experience with Fortune 500 clients… Read more
Women in Real Estate 2019: CBRE’s Kristina Metzger a Leader in Data Center Sector
Kristina Metzger leads CBRE’s Data Center Capital Markets practice. She has focused exclusively on data centers for more than 10… Read more
California Apartment Owners Prepare for New Rent Control Laws
The passing of Assembly Bill 1482 this fall ushers in an era of tighter rent controls that California landlords must… Read more
Westside L.A. Continues to Evolve & Expand
Affluent and influential, the Westside is a destination with hotels, shopping and global cuisines that round out the diverse experience.… Read more
Walker & Dunlop Bolsters Small Loans Team in Orange County
Walker & Dunlop, Inc. added vice presidents Andrea Nolan and Denise Gomez Oluwo to its small loans team. Based out… Read more
NorthMarq Arranges $67M Financing for Bay Area MXU Portfolio
NorthMarq arranged $66.5 million in permanent non-recourse debt to refinance three core assets for a repeat borrower, JB Matteson, Inc.,… Read more
Room & Board Signs On at Torrance Business Park
Storm Properties, Inc. signed a 70,223-square-foot lease with Room & Board, Inc. at Storm Business Park in Torrance, CA. The… Read more
AMP&RSAND Redev Wins Best Project Renovation/Restoration Award
Casey Brown Company’s AMP&RSAND won the Best Project Renovation/Restoration in Southern California for 2019 from ENR, for the redevelopment of… Read more
Report: U.S. Multifamily Market Stays Strong Going into 4th Quarter
The average U.S. multifamily rent rose to a new high of $1,476 in October 2019, according to a recent report… Read more
JLL Delivers $119M in Construction Financing for Former Macy’s Store Redev on L.A.’s Westside
JLL arranged $119.3 million in construction financing for GPI Companies’ West End project, an adaptive reuse, creative office development in… Read more
DTLA Responds to Housing Challenge with New Product
While Southern California has continued to struggle to build enough homes to keep up with demand, causing shortages and rising… Read more
JLL Opens First-Ever Lego Escape Room in MN’s Rosedale Center
With game arcades and toy stores no longer the mall bait they once were to families with young kids, JLL’s… Read more
Redlands Value-Add MF Trades for Nearly $45M
Citrus Grove Apartment Homes, a 198-unit community in Redlands, CA, traded hands for $44.5 million or $224,747 per-unit. The property… Read more
CBRE Adjusts Assignments for Six Senior Leaders
Los Angeles-based CBRE Group, Inc. plans new leadership assignments for several key executives, effective on January 1, 2020. The changes… Read more
Cracks Showing Up in Multifamily Sector
Top real estate, legal and finance industry leaders examined the state of finance and commercial real estate industries as well… Read more
California Wine Industry Surviving Despite Fires
Worried that the recent rash of wildfires in California has created shortages of Northern California’s many fine wines? Don’t fret,… Read more