California
Caruso, The Agency and Wanda Group: Westside LA’s Luxury Residential Landscape
By Daniella Soloway This month, nearly 400 real estate professionals joined Connect Media at the Luxe Sunset for Connect Westside… Read more
Iconic Emerald Plaza Asset Acquired for $92M
Los Angeles-based Kearny Real Estate and JV partner PCCP, LLC acquired Emerald Plaza, an iconic 364,160-square-foot, 30-story class A office tower located… Read more
Irvine Approves Garden Communities’ 876-Unit MF
The City of Irvine, CA’s Planning Commission unanimously approved San Diego-based Garden Communities’ proposed Trilogy Gardens multifamily project in the… Read more
Kennedy Wilson, Takenaka JV Acquire Iconic Union Bank Tower, Historic Retail Branch for $135M
Beverly Hills, CA-based Kennedy Wilson acquired 400/430 California Street in San Francisco in a joint-venture with Japan’s Takenaka Corp. for… Read more
CBRE Global Investors Names Queenan President
Los Angeles-based CBRE Global Investors promoted Danny Queenan to President. The expanded role gives him executive responsibility for the company’s… Read more
Eleganza Tiles Inks 60K-SF Lease
Eleganza Tiles Inc. signed an early long-term renewal for 60,092 square feet of industrial space, keeping its central U.S. distribution… Read more
cCARE Takes 20K-SF at San Marcos MOB
Nordahl Medical Centre, Inc. signed a lease with cCARE for 20,230 square feet at Nordahl Medical Centre in San Marcos,… Read more
Pelican Lands Former ‘Restaurant Row’ Sites in Riverside
Newport Beach, CA-based Pelican Communities acquired six parcels of land in Riverside, CA from the city’s former redevelopment agency for… Read more
Berkeley Partners Picks Up OC Biz Park
San Francisco-based Berkeley Partners acquired the 117,760-square-foot Yorba Linda Business Park from Los Angeles-based Rexford Industrial Realty, Inc. for $17… Read more
Greystone Provides $221M Freddie Mac Credit Facility for Affordable Housing
New York-based Greystone provided a $220.8-million Freddie Mac credit facility to Woodland Park Property Owner, LLC. The financing is for… Read more
Power to the Westside
By Dennis Kaiser The Westside continues to retain its leading role as one of the most active markets in Los… Read more
Evendale Medical Sells for $10M
Griffin-American Healthcare REIT IV closed on the Evendale Medical Office Building, paying Equity Inc. $10.4 million for the asset. The… Read more
Praxis Snags 209 Units for Value-Add Play
Praxis Capital Inc. acquired the 209-unit Villas de Sendero Apartments in San Antonio from a San Diego seller operating under… Read more
Badiee Plans Industrial Park in Vista
La Jolla, CA-based Badiee Development plans to develop Keystone Victory Industrial Park, a 77,850-square-foot, two-building industrial campus in Vista, CA.… Read more
GH Palmer Acquires Land for Ontario MF
Beverly Hills, CA-based GH Palmer Associates acquired a 21-acre land parcel in Ontario, CA from Craig Development Corp. for $23.5… Read more
Newmark Realty Capital Closes $38.8M OC MF Loans
San Francisco-based Newmark Realty Capital Inc. arranged permanent financing totaling $38.8 million for two 400-unit, garden style apartment communities in… Read more
History Preserved, Modern Look Emerges at SJ Tribute Hotel
Newly approved designs emerged for San Jose’s landmark Montgomery Hotel, planned for redevelopment by Irvine, CA Khanna Enterprises, III, LLC. The property… Read more