California
Industry Heavyweights Deliver Insights into Investment, Finance and Opportunity Zones
More than 250 industry professionals turned out Wednesday for Connect Media’s first back-to-back events, focusing on Opportunity Zones and more… Read more
Meridian Buys Santa Ana Asset for $20M, Plans MOB Conversion
San Ramon, CA-based Meridian acquired a 53,500-square-foot, two-story medical office building in Santa Ana. The purchase price was $20.35 million,… Read more
Sares Regis Buys Land for Next Phase of S. San Francisco MF
San Mateo-based Sares Regis Group of Northern California (SRGNC) acquired five parcels of land in South San Francisco for the… Read more
Sonnenblick-Eichner Delivers Nearly $14M for Palm Springs Resort
Beverly Hills, CA-based Sonnenblick-Eichner Company arranged $13.75 million in construction and interim financing for the L’Horizon Resort and Spa, a… Read more
Bothell Biotech, R&D Facility Receives $20M Refi
Connect Seattle is set for November 7th at Coterie Worklounge. Plan to join us for the afternoon of CRE conversations… Read more
Hunt Real Estate Capital Provides $35M to Refi Five-Property California Portfolio
New York-based Hunt Real Estate Capital provided one Fannie Mae Conventional Loan and four Fannie Mae Small Loans to refinance… Read more
Facebook Commits $1B to Help Address California’s Affordable Housing Crisis
Menlo Park-based Facebook says it will contribute $1 billion to help address the affordable housing crisis in California, and in… Read more
Cushman & Wakefield Completes One of 2019’s Largest Industrial Sales
New York-based Clarion Partners LLC acquired 14001-14051 Rosecrans Ave. in La Mirada for $76.8 million, or $228-per-square-foot, on behalf of… Read more
Irvine Company Launches New Flex Office Solution
Irvine Company introduced a new office solution that offers turnkey, fully-furnished, tailored workspaces without upfront costs and with lease terms… Read more
Cali Buyer Makes Third NE Deal with NJ Multifamily
Pacific Urban Residential LLC acquired The Highlands at Morristown Station, a 217-unit apartment building in downtown Morristown, NJ. Deal terms weren’t disclosed.… Read more
CBRE Arranges $43M in Financing for AC Marriott Hotel in Marin County
CBRE arranged $43 million in non-recourse construction financing for the development of an AC Marriott hotel, Marin County’s first major… Read more
Inland Empire Manufacturing Index Slips into Concerning Zone
The Inland Empire’s purchasing managers index (PMI) dropped below 50, a level that is concerning since the region’s manufacturing sector… Read more
Warehouse Absorption Decelerates, Stays in Positive Territory
Notwithstanding its continued sturdy fundamentals, the U.S. industrial sector has seen net absorption decelerate through the first three quarters of… Read more
San Diego Selected for Second Sesame Place Theme Park
SeaWorld Entertainment and Sesame Workshop plan to open the nation’s second Sesame Place park in San Diego in spring 2021.… Read more
USC Casden Multifamily Forecast Conference Planned This Week
The USC Lusk Center Casden Multifamily Forecast is gearing up for its annual unveiling of key issues and trends that… Read more
Anaheim Asset Trades in 1031 Exchange
NKF completed the $14.2-million sale of 100 S. Anaheim, a three-story 50,384-square-foot, multi-tenant office building in downtown Anaheim, CA. The… Read more
JLL Arranges $58M Financing for San Jose MF
JLL arranged $57.5 million in financing for Latitude 37, a two-phase, 172-unit luxury mid-rise apartment community in South San Jose.… Read more
Capital One Provides $109M Acquisition Loan for South Florida Senior Housing Portfolio
Capital One provided a $108.9 million loan to a joint venture owned by Sino-Ocean Capital and Meridian Senior Living for… Read more
NKF Adds Two to Team in Ontario
NKF expanded its SoCal team with the addition of Adam Geiger (pictured above) and Brad “Hoss” Holstrom (pictured below) as… Read more