Irvine
Passco Widens Texas Footprint with Boterra Bay Apartments Buy
Passco Cos. LLC of Irvine, CA, continues broadening its Texas presence. The investor’s most recent transaction is the 384-unit Boterra… Read more
Avanath Acquires Trio of Affordable Assets in Chicago, Maryland for $55M
Irvine, CA-based Avanath Capital Management, LLC acquired three affordable housing communities with a combined total of 317 units in Chicago… Read more
Bascom Completes $235M 11-Property MF Portfolio Refi
Irvine, CA-based The Bascom Group, LLC completed a $235-million refinance of an 11-property multifamily portfolio spanning five states. Most the… Read more
Next Generation Honoree: Jake Niles Leads Passco Companies into New Territory
Jake Niles brought extraordinary intuition, analytical skills, and drive – demonstrated through his ability to quickly close multifamily deals just… Read more
Irvine Co. Leases Nearly 200K SF at Two Properties, WeWork Takes 116K SF
Connect Orange County is coming up on August 22nd at The Resort at Pelican Hill in Newport Coast. More information… Read more
Home Price Increases Battle Tepid Sales; Forecast to Continue Rising into Mid-2020
CoreLogic’s latest home price index and forecast shows home prices rose both year over year and month over month. The… Read more
Steadfast Merging Three REITs, Creates $3.3B Entity Focused on MFs
Irvine, CA-based Steadfast Apartment REIT, Inc. is acquiring Steadfast Income REIT, Inc. (SIR) and Steadfast Apartment REIT III, Inc. (STAR… Read more
Creative Conversions, Workforce Housing and Risk Mitigation Convene at Connect Orange County
By Dennis Kaiser Connect Orange County is coming up this month. The annual gathering is set for August 22 at… Read more
CRE Industry Pushes for Updates to 1948 Law Regulating NYC Drone Use
By Paul Bubny Flying a drone is effectively prohibited in New York City, notwithstanding a 2016 rule from the Federal… Read more
Charley Simpson Joins Colliers’ Southwest Team
Colliers International hired veteran retail investment broker Charley Simpson to join the firm’s recently-announced Southwest Retail Capital Markets Team. Simpson,… Read more
Santry, Rupp Take on New Roles at Shopoff
Irvine, CA-based Shopoff Realty Investments promoted two key leaders in its real estate division. John Santry (above left) will now… Read more
Faris Lee Investments Goes Behind Irvine’s Restoration Hardware Sale
By Dennis Kaiser Faris Lee Investments, a leading retail advisory, and investment sales firm, recently completed the $6.9 million sale… Read more
OC Tech, Life Science Firms Attract $1.6B in Funding
Orange County technology and life sciences companies are continuing to attract investment. In fact, in 2018-2019 there have been 27… Read more
City of Hope Plans $1B Cancer Campus at FivePoint Gateway in Irvine
Connect Bay Area is coming up July 18, 2019 at the Grand Hyatt San Francisco. Get more information, and register… Read more
Melia Launches SoCal Multifamily Group
Irvine, CA-based Melia Homes launched an initiative focused on the acquisition of existing multifamily communities as well as land for… Read more
Kevin Rude Tapped to Lead Colliers West Coast Group
Colliers International’s Kevin Rude will assume expanded responsibilites after being promoted to the post of Regional Managing Director – West… Read more
Ghost Management Group Inks 115K-SF DTLA Arts District Deal
Irvine, CA-based Ghost Management Group signed a 115,000-square-foot office lease at the Arts District’s ROW DTLA. The tech firm that… Read more
Bascom Group Adds 486 Units to Colorado Portfolio
Bascom Group, in partnership with the Axton Group, expanded its Colorado portfolio by 486 units, with the acquisition of two… Read more
NorthMarq Refi’s Fullerton MF for $56M
The Connect Apartments Conference will take place this week (June 20) in Los Angeles. For more information, or to register,… Read more