California
FPA Acquires Malden Apartments from EQR for $97M
A CBRE team led by Simon Butler, Biria St. John, John McLaughlin and Brian Bowler closed the sale of The… Read more
Hyundai Commits to 134K SF in OC’s Largest Office Lease of 2025
Munich-based Manova Partners has secured what is reportedly the largest office lease in Orange County thus far in 2025. Hyundai… Read more
Survey: Cap Rates May Have Reached Their Peak
Cap rates may have reached their peak, according to a CBRE survey of 200-plus brokers released Monday. The survey also… Read more
Portman Adding Residential, Retail Components to Alpharetta Office Project
Portman Holdings acquired the Brookside Office Park in Alpharetta, Georgia. The 20-acre site is currently home to two Class-A office… Read more
City of Glendale Plans Park on Site of Former JoAnn Fabrics
Marcus & Millichap closed the $24-million sale of a vacant 33,818-square-foot commercial site most recently occupied by JoAnn Fabrics in Glendale. Sheila Alimadadian,… Read more
PCCP Provides $65M Refi on Long Island City Apartments
PCCP recently provided a $65-million senior loan to an ownership group managed by L+M Development Partners for the refinance of Pearson… Read more
1031 Exchange Advances Break-Up Strategy at Winchester Retail Center
SRS Real Estate Partners closed the $5.95-million sale of a new construction, three-tenant, 7,226-square-foot retail building within French Valley Marketplace, located… Read more
Rockland Trust Lends $31M for Oak Bluffs Mixed-Income Rentals
The nonprofit Island Housing Trust and joint venture partner Affirmative Investments Inc. secured $31 million from Rockland Trust for the… Read more
Lighthouse Bible Church Becomes Owner-User of San Diego Office Property
CBRE arranged the sale of a 25,600-square-foot office property located at 5015 Shoreham in San Diego. The buyer was San Diego Lighthouse… Read more
Ellis Partners, Baupost Acquire Santa Clara Offices from Clarion
Ellis Partners has finalized the purchase of the Campus at Scott, a three-building, mid-rise 460,000-square-foot Class A office complex in… Read more
Boston Issues Annual RFP for Affordable Housing Development
The City of Boston has issued its annual Request for Proposals (RFP) for affordable housing, providing $40 million to support… Read more
Berkadia Lands Financing for Naples Rental Property Sale
Berkadia secured financing for Interface Properties’ acquisition of Wild Pines of Naples, a 200-unit apartment community with 100 income-restricted affordable… Read more
Clarion, Cortland Offload Boca Raton Apartments for $152.5M
Clarion Partners and Cortland sold a 384-unit Boca Raton apartment complex for $152.5 million, or nearly $400,000 a unit. The… Read more
Oceanside Retail Trades to Owner-Occupier Above List Price
Marcus & Millichap closed today the sale of Mission Collective, a 4,070-square-foot retail property located at 610–612 Mission Ave. in… Read more
Veris Divests Park Ridge Apartments for $117M
A team led by Jeffrey Dunne, Stuart MacKenzie, Eric Apfel, and Travis Langer of CBRE Institutional Properties, in partnership with… Read more
FedEx-Occupied Industrial Property in Everett Secures $17M Refi
Gantry has secured a $17.15 million permanent loan to refinance a maturing construction-to-permanent loan for a modern warehouse 100% leased… Read more
Bozzuto, Invesco JV Acquires Northern Virginia MF Property
Bozzuto and Invesco Real Estate have jointly acquired Ashton at Dulles Corner, a 454-unit apartment community in Northern Virginia’s high-growth… Read more
WNC and Partners Launch Construction on Maine Affordable
WNC & Associates, Avesta Housing and master developer Reveler Development launched construction on 89 Elm Apartments, a 201-unit affordable housing… Read more