California
PeerStreet Adds John Devereux as Chief Real Estate Officer
PeerStreet expanded its leadership team with the addition of John Devereux as Chief Real Estate Officer. He will be based… Read more
Net-Lease Investment Continues to Rise, Foreign Buyers Lead Charge
Rising demand for U.S. net-lease real estate led to $57.8 billion in investment volume last year, which CBRE says is… Read more
Q&A with KTGY’s Terry Willis: Leveraging Connections for Boomers
By Dennis Kaiser It is estimated that 10,000 people will turn 65 every day through 2030. This demographic shift points… Read more
Transwestern Tapped for 6.5M-SF CA, NV Assignment
Washington Capital Management, on behalf of an unnamed client, selected Transwestern to provide property management and project/construction management services for… Read more
Developers Selected for 800-Unit S. San Francisco MF
Connect Bay Area is coming up May 17th. Here is where to get more information and register. San Francisco-based AGI… Read more
Fairfield Picks Up Mission Valley MF Development Site
The Heights at Fashion Valley, a luxury residential development site in San Diego’s Mission Valley submarket, has been sold for… Read more
City Council Unanimously Endorses Plan for Iconic San Jose Structure
Connect Bay Area is coming up May 17th. Here is where to get more information and register. The San Jose… Read more
KeyBank Arranges $248M for G. H. Palmer’s The Lorenzo
KeyBank Real Estate Capital arranged a $247.8 million Freddie Mac, first mortgage loan for The Lorenzo, a 913-unit multifamily community… Read more
NorthMarq Arranges Take-Out Financing for New MF Development
NorthMarq Capital arranged a $16.29 million refinance of a newly developed multifamily property located in Lemon Grove, CA. The financing… Read more
Avison Young Brokers Cathedral City Industrial Sale
A multi-tenant industrial building with value-add potential located in Cathedral City, CA has traded hands for $4.8 million. Avison Young’s… Read more
DivcoWest Snags $69M Bridge Loan for San Jose Asset
Connect Bay Area is coming up May 17th. Here is where to get more information and register. San Francisco-based DivcoWest… Read more
Investors Seek $1.1B for Senior, Student Housing Assets
Ladera Ranch, CA-based Strategic Student & Senior Housing Trust, Inc. is seeking to raise up to $1.1 billion for a… Read more
CBRE’s David Josker on Modern Workplaces, Recruitment, Retention
By Dennis Kaiser CBRE’s David Josker shares how to mix a modern workplace ‘cocktail’ that’s focused on creating a collaborative atmosphere. He… Read more
Mesa West Capital Provides $110M to Fund Georgia MF Buy
Mesa West Capital provided a joint venture of KKR and Nashville-based Carter-Haston with $110 million in first mortgage debt for… Read more
Energy Reporting in the Golden State
If you are a multifamily property owner/manager/investor in California, you might have already learned about Assembly Bill (AB) 802. The… Read more
A Large Look into Small Balance Loans
In 2014, the Federal Home Loan Mortgage Corp. entered the small balance loan arena, backing $4.6 million loans in the… Read more
What You Need to Know About Combining Multifamily and Mixed-Use
By Adam Robinson, RAF Pacifica Group The demand for mixed-use properties throughout the U.S. continues to rise. Consumers want convenience,… Read more
Rexford Industrial Acquires Two Industrial Properties for $21.5M
Rexford Industrial Realty, Inc. acquired two industrial properties for a total of $21.5 million. The deals involve a leased investment… Read more
Economists’ Bullish Inland Empire Outlook
Economists like what they see in the Inland Empire. The regional economy is expected to continue humming along at a… Read more