California
Lightstone Delivers Refi for Santa Monica MFs
New York-based Lightstone Capital provided a $44 million senior loan to WS Communities to refinance two multifamily development sites in… Read more
South County Retail Center Sold
A 121,883-square-foot portion of Foothill Ranch Towne Center in Lake Forest, CA has traded hands. NKF’s Pete Bethea, Rob Ippolito… Read more
BART Buying Oakland Building for HQ
BART’s Board approved relocating its headquarters to 2150 Webster St. in Oakland in 2021. The transit agency is planning to… Read more
Inland Empire East a Relief Valve for Crowded West Industrial Submarket
Researchers at JLL predict that as the amount of vacant industrial land in the West Inland Empire approaches 2%, tenants… Read more
Bascom Refi’s Five MF’s Across Three States
CBRE arranged $128.3 million in financing for five multifamily assets totaling 740 units and spread across three states including California,… Read more
Hilton’s Curio Collection Expands in Little Italy
Carté Hotel, Curio Collection by Hilton, a first-of-its-kind lifestyle hotel, opened in San Diego’s Little Italy neighborhood. The 16-floor, 246-guestroom… Read more
Resmark Enters Portland Market, Plans MF Development with LMC
The Resmark Companies entered the Portland multifamily market in partnership with longtime joint venture investment partner LMC, A Lennar Company,… Read more
We’re Looking for 90 of CRE’s Most Influential Women
Darcy Stacom. Amy Price. Lisa Picard. Randy Fifield. These are just a few of the influential women Connect Media honored… Read more
Marcus & Millichap’s Nadji: Strength of Economy Discounts Recession Risk
With the current state of the U.S. economy in flux, Marcus & Millichap recently held a webinar focused on real… Read more
PG&E Reaches $11B Settlement with Insurers Over California Wildfires
San Francisco-based PG&E Corporation and Pacific Gas and Electric Company reached an $11 billion settlement with a group of insurers… Read more
Cross Campus Debuts Facility in Former Death Row Records HQ in Beverly Hills
Cross Campus opened a 30,000-square-foot co-working location in a three-story building at 8200 Wilshire Blvd. in Beverly Hills. Cross Campus… Read more
Rexford Snags Pair of SoCal Value-Add Industrial Assets for $27M
Rexford Industrial Realty, Inc. acquired two Mid-Counties industrial properties for $26.8 million. The off-market acquisitions were funded using cash-on-hand. The… Read more
Transbay JPA Inks Rooftop Restaurant at Salesforce Transit Center
The Transbay Joint Powers Authority approved a 15-year lease for its one-of-a-kind restaurant space atop the Salesforce Transit Center to… Read more
Bascom, Artemis Partnership Buys Fresno MF for $35M
The Bascom Group, LLC in partnership with Artemis Real Estate Partners, acquired Phoenix Townhomes, a 248-unit condominium-style apartment community in… Read more
Doral Industrial Facility Trades for $14M
Cushman & Wakefield has brokered the $14-million sale of a 106,769-square-foot warehouse in Doral. Located at 10100 NW 25th St.,… Read more
Black Rock Coffee Bar Plants Flag in Texas with Three Austin Locations
Black Rock Coffee Bar, headquartered in Portland, OR, is expanding to the Lone Star State. The first three Texas locations… Read more
CommonGrounds Workspace Raises Another $40M for Expansion
San Diego-based CommonGrounds Workplace raised an additional $40 million from existing investors to expand its initial $100-million Series A funding… Read more
California Posts Country’s Biggest Q2 Credit Card Debt Increase
U.S. consumers racked up $35.6 billion in credit card debt during Q2 2019, an all-time record for the second quarter… Read more
Trammell Crow Unwraps LA Plaza Village in DTLA
Trammell Crow Company, its subsidiary High Street Residential, the Cesar Chavez Foundation and Principal Real Estate Investors, in a public-private… Read more