California
Sentral Expands into San Diego with Gaslamp Quarter Property
Residential hospitality operator Sentral has added Sentral Gaslamp Quarter, a luxury building with 135 designer-furnished apartments available for any length… Read more
Newmark Arranges Sale of Two-Building R&D Campus in Sunnyvale
Newmark arranged the sale of Mathilda Tech Park, a two-building, 105,000-square-foot technology R&D campus located in Silicon Valley’s Sunnyvale submarket… Read more
Uber’s San Francisco Headquarters Refinanced for $500M
CBRE arranged $500 million in financing for 1655 and 1725 Third St. in San Francisco on behalf of the joint… Read more
MBA Forecasts 16% Increase in CRE Mortgage Volume for 2025
Total commercial and multifamily mortgage borrowing and lending is expected to rise to $583 billion in 2025, a 16% increase… Read more
Mama Lu’s Dumpling House Adds Arcadia Space for Sixth Location
DAUM Commercial Real Estate Services directed the acquisition of an approximately 5,000-square-foot restaurant space at 1212 S. Baldwin Ave. in Arcadia… Read more
Shopoff Secures Senior Loan for Magnolia Coast Project in Huntington Beach
Shopoff Realty Investments said Monday it received a $60.9-million senior mortgage for refinancing existing debt and providing additional funds for the future… Read more
$108M Structured Debt Retires Construction Loan on San Francisco Apartments
Gantry has secured $108.3 million in structured debt to retire maturing construction financing for the Ventana Residences, a 193-unit, Class… Read more
LA City Council Approves Citywide Rezoning Plan
The Los Angeles City Council on Friday granted final approval to the Citywide Housing Incentive Program, or CHIP Ordinance, a… Read more
McWhinney Pays $95M for Denver Hotel
Colorado-based developer McWhinney paid $95 million for the Thompson Denver hotel. The hotel building, at 1616 Market Street is an… Read more
Texas #1 Migration Hotspot
Texas experienced a net influx of more than 46,200 millennials in 2023, making it the top pick in the talent… Read more
Atlanta Ranks Among Nation’s Leaders in Office-to-Apartment Conversions
According to a recent RentCafe/Yardi Matrix report, the Atlanta metropolitan area will see 2,239 spaces come to life through office-to-apartment conversion projects,… Read more
Q&A with VirtualPBX’s Justin Goodpaster: Moving Beyond Copper-Based Telephone Lines
In an increasingly digital telecommunications world, there continue to be millions of residential and business customers who depend on technology… Read more
Bolour Ends Seven-Year Hold on Mission Viejo Offices
Bolour Associates Inc. completed the $23,925,370 sale of Cerro, a Class A creative office building fronting Interstate 5 in Mission Viejo. The… Read more
MMCC Arranges $107M Construction Loan for Master-Planned Ontario Project
Marcus & Millichap Capital Corporation (MMCC) arranged $107 million in financing for the construction of a 384-unit multifamily asset with… Read more
Industrial Duo in Santa Clara County Scores $11M Refi
Commercial mortgage banking firm Gantry secured an $11-million permanent loan to refinance two industrial properties located in Santa Clara and… Read more
Federal Realty Brings One Santana West to 70% Leased
Federal Realty Investment Trust said three more firms have leased offices in the new One Santana West office building at Santana… Read more
Green Street Index Shows Commercial Property Pricing Unchanged in January
The Green Street Commercial Property Price Index was essentially unchanged in January, the Newport Beach, CA-based analytics and advisory firm said. Over the… Read more
Tucson Raytheon Flex Building Trades for $13.7M
The 72,000-square-foot office flex building at 3360 E Hemisphere Loop in Tucson at Tucson International Business Center sold for $13.7… Read more
