California
Newly-Enacted Rent Cap Not Expected to Tarnish Golden State’s Apartment Sector
By Dennis Kaiser Rent control took center stage this week in California, with the passing of AB 1482. With that… Read more
Roxborough, Ruth Partnership Divests LAX Office Tower for $45M
An affiliate of San Francisco-based real estate investment firm The Roxborough Group, LLC, in partnership with Los Angeles-based The Ruth… Read more
SRS, Hanley Team Up on Record Raising Cane’s Deal in Anaheim
SRS Real Estate Partners and Hanley Investment Group completed the sale of a new-construction, single-tenant Raising Cane’s Chicken Fingers quick-service… Read more
Sabal Capital Adds Three Execs in NYC
CRE financial services firm Sabal Capital Partners, LLC added four executives to its team, including three in its Midtown Manhtattan office.… Read more
Signal Hill Retail Center Trades Hands
Phoenix-based BIG Shopping Centers USA, Inc. sold Towne Center East, a fully-leased, 154,750-square-foot retail center in Signal Hill, CA. The… Read more
Barings Bags 309-Unit Chula Vista MF
Barings LLC acquired Alexan Millenia from DRI/Maple Millenia, a partnership between Trammell Crow Residential and Diamond Realty Investments, Inc. The… Read more
Hamilton Zanze Acquires 224-Unit Apartment Property in Nashville
San Francisco-based real estate investment firm Hamilton Zanze acquired Rivertop Apartments, a 224-unit apartment property in Nashville. The sales price… Read more
KBS Transitions Funds to Focus Solely on Core Assets
Newport Beach, CA-based KBS plans to transfer the management of Strategic Opportunity REIT I, Strategic Opportunity REIT II and Keppel… Read more
Utility Begins Restoring Power After Wildfire Threat Prompts Massive Outages
The unprecedented move by Pacific Gas and Electric Company (PG&E) to cut power across large swaths of Northern California starting… Read more
How Long It Takes to Pay Off a Home in the 50 Biggest Metros
The cost of housing in the U.S. has reached excessive levels in recent years, making owning a home unattainable for… Read more
Overton Moore Properties Breaks Ground on 1.25M-SF Avion Burbank
Los Angeles-based Overton Moore Properties (OMP) commenced construction on Avion Burbank, an 18-building, 1.25-million-square-foot mixed-use development near the Burbank Hollywood… Read more
West Harbor Capital Lands National Courier Tenant at La Habra Re-Dev
West Harbor Capital completed the lease of an 8.67-acre land parcel in La Habra, CA to an unnamed major national… Read more
Urban Catalyst Submits Plans for San Jose’s Keystone Development
San Jose-based Urban Catalyst submitted a Preliminary Review Package to the City of San Jose for the company’s property in… Read more
UC Riverside, ACC Break Ground on First Phase of Resi MXU
The University of California, Riverside (UCR) and Texas-based American Campus Communities (ACC) broke ground on the first phase of North… Read more
CBRE Global Investors Names Chuck Leitner Global CEO
Los Angeles-based CBRE Group, Inc. announced that Charles (Chuck) Leitner will join the company next month as Global CEO of… Read more
Chestnut Properties Sets Groundbreaking for Millenia’s First Offices
Solana Beach, CA-based Chestnut Properties is set to break ground on the first office product at Chula Vista’s Millenia development,… Read more
Connect Healthcare Event Recap: As Private Equity Devours Sector, Labor Shortage Creates “Gigantic Issue”
Healthcare is one of the most dynamic industries in the United States, if not the most dynamic, due to the… Read more
Gov. Newsom Signs Rent Control Bill; Launches Statewide Rent, Housing Tour
By Dennis Kaiser California Governor Gavin Newsom kicked off a statewide tour on Tuesday at the same time he approved… Read more
Harbor Associates Snags San Pedro Office Building for $44M
Harbor Associates acquired a 292,540-square-foot Class A office building along San Pedro’s waterfront from Jupiter Holdings for $43.5 million. The… Read more