California
Jim McArthur to Lead Red Capital Group Expansion into L.A.
Red Mortgage Capital, a division of Orix Real Estate Capital, LLC, continues to expand its national presence, opening a new… Read more
Bringing Turnkey Rentals to Boston
Add Boston to the roster of markets for Blueground’s furnished-apartment platform. The Athens-based hospitality tech company is entering the market… Read more
KKR Claims National City Industrial Park for $25M
Haffley Industrial Park, a fully-leased, two-building industrial park totaling 146,700 square feet in National City, CA, has traded hands. KKR… Read more
Treehouse Buying $100M in MedMen Real Estate
Culver City, CA-based MedMen Enterprises Inc. plans to sell $100 million in real estate to Treehouse Real Estate Investment Trust.… Read more
Google Snags 190K SF at San Francisco’s One Maritime Plaza
Google leased 190,000 square feet at Morgan Stanley’s One Maritime Plaza in San Francisco’s north Financial District. The transaction marks… Read more
Get Ready for the Future at Connect Retail West
By Dennis Kaiser Connect Retail West is set for Tuesday, January 22, 2019 at The Resort at Pelican Hill in… Read more
Rodeo Drive Retail Property Refi’d for $160M
You can hear more about the trends shaping the retail industry at Connect Retail West coming up on Jan. 22nd… Read more
New California Governor Proposes $144B Budget, Predicts Surplus
California Gov. Gavin Newsom has unveiled his 2019-20 “California for All” budget. It encompasses a $144 billion general fund plan,… Read more
Mega-Scale Data Center Campus Planned Near Phoenix
Santa Clara, CA-based Vantage Data Centers acquired 50 acres of land west of Phoenix where it plans to build a… Read more
Griffin-American Healthcare REIT IV’s Acquisition Activity Hits $200M Q4 2018
Irvine, CA-based Griffin-American Healthcare REIT IV, Inc. completed the acquisition of 11 healthcare buildings in five states, and a 6%… Read more
U.S. Multifamily Sector Riding a Robust Cycle
Despite finishing flat, the U.S. multifamily sector enjoyed a solid year in 2018. The $1,419 average national rent in December,… Read more
Fabric Investments Acquires South Oceanside MXU
Encinitas, CA-based Fabric Investments acquired a two-story, multi-tenant office and retail building located at 2110 S. Coast Highway in Oceanside, CA for… Read more
E-Commerce Growth Brings Costly Byproduct, Online Returns
By Dennis Kaiser The voracious growth of e-commerce brings with it a costly byproduct – online returns – that CBRE calculates… Read more
Lennar Looking to Relinquish Mare Island Mega-Development
Miami-based Lennar reportedly plans to divest up to 500 acres on Mare Island to Nimitz Group. The move would signal… Read more
Largest Lease of Year Executed at Aliso Viejo Office Campus
Stillwater Investment Group and CrossHarbor Capital Partners signed a 160,000-square-foot lease with Glaukos Corporation for the entire Element office campus… Read more
$38M Construction Takeout Arranged for DTLA Hotel
Highland Realty Capital secured a $38 million construction takeout loan for the Mayfair Hotel in DTLA. Los Angeles-based ICO Group… Read more
Carmel Partners Closes Oversubscribed MF Fund 7 at $1.28B
San Francisco-based Carmel Partners completed the final close of Carmel Partners Investment Fund 7, its U.S. multifamily real estate value… Read more
Buchanan Street Snags Colorado Springs MF for $73M
Newport Beach, CA-based Buchanan Street Partners closed the $72.5 million purchase of Creekside at Palmer Park, a Class A, 328-unit… Read more
Lovell Minnick Partners Acquires ATTOM Data Solutions
Lovell Minnick Partners, a private equity firm specializing in financial and related business services companies, announced it has completed the… Read more