California
Beacon Capital Closes $1.6B Office Fund
Boston-based Beacon Capital Partners, LLC held its final close on Beacon Capital Strategic Partners 8, L.P. (BCSP 8). The commingled… Read more
Previewing ULI’s National 2019 Housing Opportunity Conference
John Williams, President and CIO of Avanath Capital Management, shares a few thoughts leading up to next month’s ULI National… Read more
Lightstone Launches CRE Debt Platform
National real estate investor and developer Lightstone has launched a real estate debt platform, Lightstone Capital. It has hired Eugene Rozovsky, previously with Madison Realty… Read more
Encinitas Retail Center Sells for $43M
Connect Retail West is just around the corner on Jan. 22nd at The Resort at Pelican Hill. Here’s where to… Read more
FIBREE Aims to Spread the Good Word About Blockchain
Having launched this past summer in Europe and expanded across the Asia Pacific region, a group aimed at sharing blockchain… Read more
Liberty Property Trust Plans Pair of SoCal Industrial Facilities
Wayne, PA-based Liberty Property Trust expanded its SoCal footprint, breaking ground on two new industrial buildings in Ontario and Rialto… Read more
CBRE’s Philip Voorhees: Weighs in on What’s Right with Retail Sector
By Dennis Kaiser Connect Retail West is just around the corner on Tuesday, January 22, 2019 at The Resort at… Read more
Independent Studio Leases Recently-Renovated Heitman Asset in Valencia
Santa Clarita Studios leased a 109,379 square-foot industrial building in Valencia, CA. Located at 28210 Avenue Stanford, the Heitman LLC -owned… Read more
CBRE Heads Freddie Mac’s Top 2018 Multifamily Lenders
Freddie Mac Multifamily leads the industry with $78 billion in total production last year, financing roughly 860,000 rental units, and… Read more
Lawmakers to Trump: Leave Harvey Money Alone
Texas Governor Greg Abbott joined forces with U.S. Senators John Cornyn, Ted Cruz and a bi-partisan group of members from… Read more
NAPA Ventures Unloads 700 Units
NAPA Ventures LLC sold four assets from its portfolio, totaling 700 units. The Austin-area company disposed of: Ravenwood Apartments, 2333… Read more
SIOR Global President Robert Thornburgh on CRE’s 2019 Threats & Opportunities
Robert Thornburgh, President of the board of directors of SIOR and an executive vice president and partner at Kidder Mathews,… Read more
Murphy Completes Final Building at 2.1M-SF Otay Mesa Business Park
Murphy Development Company completed construction of the final building at Siempre Viva Business Park (SVBP), a 2.1-million-square-foot development at 8500… Read more
Dermody Nabs Logistics Facility in Fontana
Dermody Properties acquired a 265,500-square-foot logistics building in an established industrial business park in Fontana, CA. The property is located… Read more
Connect Retail West Event Set for Next Week
By Dennis Kaiser Connect Retail West is just around the corner on Tuesday, January 22, 2019 at The Resort at… Read more
Development Financing Arranged for Bay Meadows MF
An affiliate of Stockbridge Capital Group and Wilson Meany secured $48.64 million in financing for the development of The Morgan… Read more
Institutional Investors Still Favor L.A. Multifamily
By Dennis Kaiser JLL recently expanded its multifamily team in SoCal with the addition of Chris Benton as SVP. Connect Media asked the veteran… Read more
CIM Claims Dexter Horton Building in Seattle for $151M
Los Angeles-based CIM Group acquired the Dexter Horton Building, a 15-story, roughly 335,000-square-foot Art Deco office building in Downtown Seattle… Read more
TruAmerica Divests Ontario MF for $42M
Mountain Summit Condominiums, a 194-unit garden-style multifamily property in Ontario, CA, traded hands for $42.25 million. The buyer was SoCal-based… Read more