California
Celebrating Dads and their Children in CRE
Watch the video above or scroll down to see all the fathers and kids. Commercial real estate is an industry… Read more
Newmark Arranges Financing for Trio of Bay Area Assets
San Francisco-based Newmark secured $67.75 million in long-term financing for three San Jose and Silicon Valley properties. So far in… Read more
1031 Exchange Buyer Picks Up Central San Diego Asset for $12.5M
CBRE Group, Inc. completed the sale of an office building in Central San Diego to a Los Angeles based 1031-exchange… Read more
Tire Retailer Continues Inland Empire Expansion
Les Schwab Tire Centers is opening its third Inland Empire location this year. The tire retailer plans to open a… Read more
Raintree Boosts MXU Dev Pipeline to $500M+
Laguna Niguel, CA-based Raintree Partners is under construction on three mixed-use projects in California valued at more than $500 million.… Read more
HFF Arranges $125M Refi for Federal Realty’s Plaza El Segundo
Connect Los Angeles is next week on June 21st. Here’s where to get more details and register. HFF arranged a $125 million… Read more
West Coast Ports Experience Import Slowdown
Connect Industrial is heading to Chicago, June 28th. Here’s where to get more details and register. Import growth at the dominant West… Read more
Palm Springs Approves Dream Hotel
The Palm Springs City Council approved the Dream Hotel, a 171-room hotel north of the convention center. Developer Selene Palm… Read more
Carlsbad Commerce Center Refi’d for $16M
CBRE Capital Markets’ debt and structured finance team arranged a $16-million loan on behalf of ZMI Real Estate, LLC for… Read more
Ferry Building Ground-Lease Sale Expected to Exceed $300M
New York-based Blackstone is looking to sell San Francisco’s iconic Ferry Building a decade after it acquired the waterfront asset… Read more
Coastal MXU Asset Trades in Dana Point
Faris Lee Investments has completed the $6.6 million sale of La Plaza Pacifica, an approximately 14,900-square-foot, 95% occupied multi-tenant retail and office property… Read more
Phil Cyburt Q&A: What’s LA’s CRE Climate?
Monday Properties’ Phil Cyburt will be part of a Connect Los Angeles panel titled, Gauging the Climate: Buy, Build, Sell or… Read more
Mortgage Delinquencies Drop to a 10-Year Low
CoreLogic’s Loan Performance Insights Report shows that, in California, 2.7% of home mortgages were in some stage of delinquency (30… Read more
44-Unit Normal Heights MF Sold
Colliers International handled the $10.4-million sale of a 44-unit apartment in San Diego’s Normal Heights. The nearly 33,000-square-foot asset is… Read more
$45M Acquisition Financing Arranged for Cupertino’s Torre Plaza
CBRE Capital Markets’ debt and structured finance team secured $45 million in long-term financing for the acquisition of Torre Plaza,… Read more
Irvine Company Plans to “Re-Launch” Airport Business Center
Irvine Company is set to reimagine, revamp and rebrand the former Airport Business Center as “The Launch.” The project features… Read more
New York Life Acquires Burbank Asset for $133M
Connect Los Angeles is coming on June 21st. Here’s where to get more details and register. Burbank Empire Center was acquired… Read more
Gymboree Files Bankruptcy, Closing up to 450 Stores
San Francisco-based Gymboree filed for Chapter 11 bankruptcy protection, and plans to close up to 450 stores in an effort… Read more
Work Begins on East Austin Boutique Hotel
Construction began on the 83-room Arrive hotel, a boutique product situated at East Sixth and Chicon Streets in East Austin.… Read more