California
Study Connects California QSR Wage Hikes with Job Reduction
In 2023, California Gov. Gavin Newsom signed Assembly Bill (AB) 1228, which authorized an increase of minimum wage for many… Read more
Apartment Buyers and Sellers MF Sentiment Improves in Q1 2025
During the first quarter of 2025, the Federal Reserve announced a slowdown in its Effective Federal Fund Rate. At the… Read more
Atria Health Establishes First West Coast Flagship Location
CBRE facilitated a 29,603-square-foot, full-building lease for The Atria Health Institute, a membership-based preventive healthcare organization, at 136 S. El… Read more
Presidio Bay Acquires Rentals in San Francisco’s SoMa District
Presidio Bay Ventures recently acquired Olume, a 95% occupied multifamily rental building at 1401 Mission St. in San Francisco’s SoMa neighborhood,… Read more
Archway Targets $100M Capital Raise with Second Opportunity Fund
Los Angeles-based investment manager Archway Capital LLC has launched the second vintage of its Opportunity Fund strategy. Archway Opportunity Fund… Read more
IPA Closes Sale of Two-Tower Newport Beach Offices
Institutional Property Advisors (IPA), a division of Marcus & Millichap, closed the sale of 5000 Birch St., a two-tower Class A office asset in… Read more
TailoredSpace Opens Second San Diego Coworking Location
TailoredSpace has opened its 11th new coworking campus, in the community of Kearny Mesa. Located at 9619 Chesapeake Dr., the new… Read more
CAA Urges Opposition to Rent Control Measure Pending in Sacramento
The California Apartment Association is enlisting the industry’s help in defeating AB 1157, the Affordable Rent Act introduced by Assemblymember… Read more
Kennedy Wilson, AXA Refi Irish Apartments for US$510M
Beverly Hils-based global real estate investment company Kennedy Wilson and AXA IM Alts have completed the refinancing of US$510 million… Read more
MMCC Arranges $22M for Seattle Multifamily Property
Marcus & Millichap Capital Corporation has arranged $21.75 million for the refinancing of Tellus on Dexter Apartments, a luxury 98-unit… Read more
Bolour Acquires Value-Add Retail in LA’s Silver Lake District
Bolour Associates Inc. has acquired a high-profile neighborhood retail center for $6.55 million in the Silver Lake district of Los Angeles.… Read more
Hayward Multifamily to be Expanded Following Sale
Marcus & Millichap closed the sale of 152 Smalley Ave., a 12-unit multifamily property located in Hayward. The sale price was… Read more
22nd DAA Seeks Input on Long-Term Plan for Del Mar Fairgrounds
The 22nd District Agricultural Association, which operates the Del Mar Fairgrounds and two neighboring properties as an institution of the… Read more
Lincoln Property Tapped to Manage Two-Building Newport Beach Campus
Lincoln Property Company was hired to provide property management and operations services for 5000 Birch St., a two-building, 310,000-square-foot Class… Read more
Mountain View Office and Retail Sells to Kenson Ventures
Newmark arranged the sale of 215 Castro St., a 25,443-square-foot, three-story office and retail property in downtown Mountain View. The… Read more
San Mateo Apartment Collection Scores $170M Refi
JLL Capital Markets secured a $170-million first mortgage for Bay Meadows Apartment Collection, a portfolio of four luxury multifamily properties totaling… Read more
West LA Industrial Parcels Listed for First Time in Half a Century
Eric Sackler and Susan Lau of Coldwell Banker Commercial Realty have listed a rare portfolio of industrial properties in West Los Angeles.… Read more