California
Cali Investor Sells 100K-SF Arcadia Gateway Center
MIG Real Estate of California sold the 99,900-square-foot Arcadia Gateway Center, an office property at 4222 E. Thomas Rd. in… Read more
Carté Hotel Unveils Three Culinary Additions to San Diego Scene
Carté Hotel San Diego Downtown, Curio Collection by Hilton, named its culinary team and revealed three dining concepts at the… Read more
CBRE Global Investors Raises $616M for 5th U.S. Development Fund
CBRE Global Investors closed its capital-raising efforts for CBRE U.S. Development Partners 5, a development club fund. The Los Angeles-based… Read more
California Market Values Flatline Against Backdrop of U.S. Rent Growth Acceleration
U.S. rent values continued their growth streak, accelerating for the ninth-straight month, according to the June Zillow Real Estate Market… Read more
Red Cross L.A. Dedicates New HQ As Earthquake Response Continues
American Red Cross Los Angeles Region staff and volunteers gathered last week to celebrate the completion and dedication of their… Read more
CREW-OC Forms Vital Partnership with Chrysalis
By Dennis Kaiser Recently, a partnership was launched between CREW Orange County (CREW-OC) and Chrysalis, two nonprofit organizations that believe… Read more
Powerhouse Women in Law Panel Shares Secrets of Success
Cushman & Wakefield recently held its first West Coast Women in Law Leadership Event in San Francisco at the top… Read more
Rockefeller Group Divests Tri-City Industrial Complex Building to Nuveen
Rockefeller Group divested a newly-constructed 344,249 square-foot cross-dock industrial building at Tri-City Industrial Complex in San Bernardino, CA to Nuveen… Read more
10 Takeaways — So Far — From the Opportunity Zone Program
There’s been a lot of chatter about The Opportunity Zone program and its effectiveness (or not). Though the program is… Read more
Dallas-Area Investor Snags 110-Unit Oakdell Way
A Dallas fund operated by Mara Poling LLC shook hands with Loboda Properties of California to acquire Oakdell Way apartments… Read more
Eric Jordan Tapped to Lead Calmwater Capital’s New Seattle Office
Calmwater Capital expanded its footprint with the opening of an office in Seattle. Eric Jordan, vice president of originations, has… Read more
Lincoln Property Company Sells Central San Diego Industrial Asset
Lincoln Property Company disposed of a fully-leased 72,220-square-foot industrial facility on 2.32 acres in central San Diego for $16.3 million.… Read more
Marijuana Cultivators in O-Zones? Yes. Liquor Stores? No
A specific list of businesses do not qualify under the Opportunity Zones program. Known as “sin businesses,” these include gambling… Read more
Procore to Acquire Honest Buildings
Carpinteria, CA-based Procore Technologies, Inc., is acquiring New York-based Honest Buildings, Inc., a leading provider of project management software for… Read more
California Payrolls Jump in June, Though Labor Force Fell
California’s unemployment remained at 4.2% in June, while the state’s employers added 46,200 non-farm payroll jobs, according to the California… Read more
Bellwether Closes $127M Refi for Newly-Built Burbank MF
Bellwether Enterprise Real Estate Capital LLC closed a $126.5-million loan to refinance Talaria at Burbank, a recently-completed mixed-use apartment and… Read more
Garden Grove Entertainment Complex Planned
Plans were revealed for Starlight Cinemas West Grove, a 4.85-acre entertainment complex in West Garden Grove, CA. The development will… Read more
Urban Catalyst Assembles San Jose O-Zone Site, Plans Hotel Development
San Jose-based Urban Catalyst closed on the second of two adjacent properties located on West San Carlos Street near Josefa… Read more
Northwestern Mutual Divests Los Alamitos Asset to Alere for $129M
Pension fund advisor Alere purchased Los Alamitos Corporate Center in Los Alamitos, CA from Northwestern Mutual for $128.5 million. Located… Read more