Irvine
Bascom Acquires 123-Unit MF in Costa Mesa for $33M
Sunset Cove Apartments, a 123-unit infill apartment community in Costa Mesa, CA, has traded hands. Irvine, CA-based The Bascom Group,… Read more
Hines Secures $144M Financing for Irvine Campus
A joint venture between Hines and an unnamed global investment management firm secured $144 million in financing for Intersect, a… Read more
Michael Brown Named President of Steadfast Management Co.
Irvine, CA-based Steadfast Companies named Michael Brown president of its multifamily management affiliate, Steadfast Management Company, which oversees 134 apartment communities… Read more
Effective Office Rents Drop in Major Cities, But Not in California
Fueled by extensive new construction underway and large quantities of older space flooding the office market, U.S. landlords in major… Read more
NAIOP SoCal Real Estate Rumble Another ‘Knock-Out’
On April 26, NAIOP SoCal held its annual Night at the Fights event. A sold-out crowd of nearly 1,000 commercial real estate… Read more
Dual-Brand Marriott Hotel Launched in Marina
Irvine, CA-based R.D. Olson Construction broke ground on a dual-brand Marriott Hotel in Marina del Rey, CA. Located on Via… Read more
Passco Expands with Orlando Office, Adds Five New Team Members
Irvine, CA-based Passco Companies bolstered its presence in the Southeast with the addition of an office in Orlando, and expanded… Read more
Irvine Company Completes World’s First Collection of Hybrid Electric Buildings
The Irvine Company and Southern California Edison conducted a ‘virtual ribbon cutting’ on the world’s first fleet of Hybrid Electric… Read more
LBA Picks Up Pair of Puget Sound Assets
Irvine, CA-based LBA Realty acquired a two-building Puget Sound industrial portfolio for $14.5 million from an unnamed seller. The Kent… Read more
Center Street Lending Promotes Dan Baruch to CEO
Irvine, CA-based Center Street Lending promoted Dan Baruch to CEO. Baruch previously served as President of the firm and will… Read more
PS Business Parks Nets $73M in Santa Ana Office Deal
Glendale, CA-based PS Business Parks, Inc. divested Orange County Business Center (OCBC), a five-building, nearly 440,000-square-foot office campus in Santa… Read more
CBRE Represents iHerb in 257K-SF Industrial Lease in Elgin, IL
California-based iHerb.com signed a 257,344-square-foot lease at 2640 Auto Mall Dr. in Elgin, IL. The supplier of natural products and… Read more
NAIOP SoCal 2018 Night at Fights Competition Heats Up
NAIOP SoCal’s Night at the Fights 2018 is just around the corner on April 26th at Hotel Irvine. Training continues for… Read more
JLL Expands Capital Markets Platform in SoCal
JLL Capital Markets expanded its SoCal team with the addition of commercial real estate industry veteran Derek Landry. He joins the… Read more
WNC Closes $135M Institutional LIHTC Fund
Irvine, CA-based WNC closed WNC Institutional Tax Credit Fund 44, L.P. (WNC Corp. 44), a $135 million institutional low-income housing… Read more
Colliers Adds to Platform with Coldwell Banker Commercial Advisors Deal
The operations of Coldwell Banker Commercial Advisors have been acquired by Colliers International and First Capital in two separate transactions.… Read more
CoreLogic Reports Home Prices Rose 6.7%, Seventh Monthly Increase
Home prices in February 2018 rose both year over year and month over month. Nationally, the year over year increase… Read more
City of Hope, FivePoint Partner to Bring $200M Cancer Center to Orange County
City of Hope and Five Point Holdings, LLC formalized a collaboration to build a $200-million cancer center in Irvine, CA.… Read more
$120M Irvine Spectrum Marriott Opens
The $120-million Irvine Spectrum Marriott hotel, located in the heart of Orange County, is now complete. Irvine, CA-based R.D. Olson… Read more