California
Plug and Play to Open AI Center of Excellence in Seattle
Plug and Play is opening an AI Center of Excellence in Seattle, alongside the launch of the $40 million SBI… Read more
Arthur J. Gallagher to Acquire Woodruff Sawyer for $1.2B
Arthur J. Gallagher & Co., an insurance brokerage headquartered in Rolling Meadows, Illinois, has agreed to acquire Woodruff Sawyer, a San… Read more
Newmark Adds Multifamily Team from Eastdil for Western U.S.
Newmark said Wednesday it had hired multifamily advisors Joseph Smolen, Geoff Boler, Will Purcell, Jonathan Merhaut, Lee Redmond, Eve Loecher… Read more
Arctaris, HDC Open LA County’s Largest Master-Leased Housing Development
Arctaris Impact Investors, LLC and Housing Diversity Corporation (HDC) announced the opening of Liv DTLA, an eight-story, 227-unit affordable housing development designed to… Read more
Gantry Arranges CMBS Refi of Escondido County Offices
Gantry secured a $21-million permanent loan to refinance the home of San Diego County’s North Inland Live Well Center at… Read more
Berkeley Walgreens Site Will House New Raising Cane’s Flagship
The Levin Johnston team of Marcus & Millichap closed the sale of a 12,419 square-foot retail building located at 2310 Telegraph Ave.… Read more
Newsom Orders State Workers Back to the Office
California Gov. Gavin Newsom issued an executive order requiring all agencies and departments within his administration to update their hybrid telework policies… Read more
CRE Leaders Unite for March 8 Fire Relief Fundraiser
Responding to the devastating impact of the Eaton and Pacific Palisades Fires in January, The Altadena Community Fund and The… Read more
Walker & Dunlop Arranges Construction Loan for Vermont-Slauson Affordable
Walker & Dunlop has arranged a $34.8-million construction loan for 4301 Vermont, a to-be-built affordable housing multifamily apartment project in the Vermont-Slauson neighborhood… Read more
Rancho Mission Viejo Adds Five Neighborhoods for 55+ Residents
Rancho Mission Viejo said Monday that Del Webb, Lennar and Tri Pointe Homes will build 326 homes in five new… Read more
Brixton Capital Enters $250M Programmatic JV
San Diego-based Brixton Capital has secured a $250-million programmatic joint venture with an undisclosed global alternative investment manager. The JV,… Read more
Rebuilding from January’s Wildfires Will Be Years-Long Process
With property damage from January’s Los Angeles and Ventura County wildfires estimated at upwards of $164 billion, California Gov. Gavin… Read more
Hawkins Way Rebrands Newark Property as First FOUND Study in NJ
Beverly Hills-based Hawkins Way Capital, a vertically integrated real estate company with $3 billion in assets under management, has acquired… Read more
Alta West Acquires R&D Asset in LA’s South Bay Submarket
Alta West Partners, Glendon Capital Management and an affiliate of A2 Capital Management, have closed on the $21.4-million purchase of 3401 Del… Read more
Fairfield Closes Its Largest Value-Add Fund to Date
San Diego-based Fairfield held its final close for Fairfield U.S. Multifamily Value Add Fund IV LP with $1.47 billion of… Read more
Grosvenor Launches Solar Arrays at Two San Jose Properties
Grosvenor has launched solar power arrays at two of its office properties in San Jose. The installations represent the latest… Read more
Bascom Acquires Coastal SoCal Apartments for $127M
The Bascom Group has acquired Highridge Apartments, a 257-unit value-add apartment community in Ranchos Palos Verdes. The purchase price was… Read more
Bolour Exits Long-Term Hold on Hermosa Beach Mixed-Use
Bolour Associates Inc. completed the $33.5-million sale of a mixed-use beachfront portfolio totaling nearly one acre of land and 415 feet… Read more
