California
Clearinghouse CDFI Offers Funding to Improve Communities
Pictured: Flamingo Pines, Las Vegas, NV These days, commercial real estate borrowers have multiple loan options, from traditional sources (banks… Read more
Midtown Capital Eyeing 249-Unit Ft. Lauderdale Venture
Midtown Capital Partners hopes to get Fort Lauderdale’s approval to build an apartment complex on 1.3 acres at 4 N.W.… Read more
Q&A: Artes Capital’s New COO on Scaling a Sponsor-First Lending Platform
When Tom Noble joined Artes Capital as Chief Operating Officer, it marked a strategic evolution for the Westlake Village, CA-based… Read more
California Theatre in San Diego Listed as Redevelopment Opportunity
CBRE has been retained to market and sell the California Theatre site, a more than half-acre of immediate redevelopment opportunity… Read more
North Providence Apartments Trade to FPA Multifamily
A CBRE team led by Simon Butler, Biria St. John, John McLaughlin, and Brian Bowler completed the $52.5-million sale of… Read more
Palo Alto Creative Office Lands $25M Refi
Gantry secured a $25-million loan to refinance maturing debt from the acquisition and renovation of a 38,000-square-foot creative office building… Read more
TruAmerica Multifamily Acquires Seattle Metro Apartments
TruAmerica Multifamily has acquired two apartment communities, including the Archstone Redmond Lakeview property in the Seattle metro area. CBRE’s Eli… Read more
JV Breaks Ground on Townhouse-Style Apartments in Central Morris County
A joint venture between CrownPoint Group Inc. and Crossroads Companies has broken ground on a townhouse-style apartment development located in Randolph, NJ, which will feature 125 luxury homes. The community,… Read more
Kidder Mathews Completes Exchange of MF Portfolio in Shoreline
The Simon | Anderson Multifamily Team at Kidder Mathews completed an exchange on behalf of longtime client John Stephanus, selling… Read more
Homes for America Breaks Ground on Baltimore Housing Development
Homes for America recently celebrated the official groundbreaking of Clare Court II, an 83-unit affordable housing development at 3725 Ellerslie… Read more
Essex Realty Facilitates $18M Sale of Uptown Mixed-Use Property
Chicago-based Essex Realty Group has completed the sale of The Maynard at 1325 West Wilson Avenue, a 121-unit mixed-use building… Read more
Slate, Evanhar Team on New MOB for Mt. Sinai Health System
Slate Property Group and Evenhar Development Corp. on Monday announced a partnership to develop a ground-up medical office and community… Read more
Douglas Emmett Secures $941M in Loans on Apartment Properties
(Updated with additional information) Office and apartment REIT Douglas Emmett, Inc. said Monday it had obtained a total of $941… Read more
Multifamily Lending Volume Rises 17% Year-Over-Year
Multifamily lenders originated a total of $288.7 billion in new mortgages for multifamily properties with five or more units, according… Read more
Trammell Crow, Daiwa Deliver 1.35M-SF Houston Industrial Park
Trammell Crow Company (TCC) and joint venture partner Daiwa House Texas Inc. delivered Blue Ridge Commerce Center (Blue Ridge), a… Read more
Tarlton Building 223K-SF Austin Life Science Facility
Tarlton Properties and Reger Holdings secured a construction loan of $105 million from Cottonwood Group for a development site located at 3600… Read more
Goldman Sachs Acquires Viera Rental Asset for $94M
PAC Land Development has sold off a recently completed 270-unit apartment complex in Viera, Florida. Goldman Sachs paid $94 million… Read more
Investor Duo Close on $58.33M Homestead Apartment Refi
Artemis Real Estate Partners and Grand Peaks Properties obtained a $58.33 million loan to refinance The Olivia, a 2018-built, Class… Read more
All for Health, Health for All Acquires Burbank Offices
CBRE arranged the sale of a 77,988-square-foot office property at 601-607 Glenoaks Blvd. in Burbank. The property was acquired by… Read more