Los Angeles
CRE Service Providers Scale Up Amid Busy 2021, Labor Constraints and Expectations of Greater Demand
With commercial real estate recovery challenged by labor constraints and another year of high volume expected in 2022, CRE service providers are… Read more
Legacy, DB Nab Salado Creek Due to COVID Performance Upswing
Cleveland-based Legacy Capital Partners and Los Angeles-based DB Capital Management recently acquired Summit at Salado Creek, a 1997-vintage 352-unit apartment… Read more
Walnut Park Presents Appealing Opportunity for Institutional and Private Buyers
Walnut Park, a 277-unit multifamily property located at 12101 North Lamar Blvd. in the Silicon Hills neighborhood of Austin, recently… Read more
Contour Sets Sights on Phoenix Industrial with Buckeye Buy
Contour recently acquired 54 acres in Buckeye located at the southeast corner of Southern Avenue and Rainbow Road. The property… Read more
TruAmerica Workforce Housing Fund Closes with $575M in Equity Commitments
Privately held real estate investment firm TruAmerica Multifamily held a final closing on its first discretionary fund, the TruAmerica Workforce… Read more
Boston Properties Inks Three New Leases in its Waltham Life Sciences Conversion
Boston Properties, Inc., has executed three leases totaling 166,000 square feet at its life sciences conversion project on 880 Winter… Read more
Riot Games Grabs 200K SF at West Edge
Video game developer, publisher and esports tournament organizer, Riot Games, recently signed a 10-year lease for all 200,000 square feet… Read more
Dermody’s Deal for the Allstate Campus Isn’t an Isolated Case
Although Dermody Properties’ plans for the Allstate campus in Northbrook, IL are still evolving, one thing is pretty certain: the two-million-square-foot… Read more
Agora Eyes Former Wells Fargo Branch for Redevelopment
Agora Realty & Management recently acquired a vacant freestanding two-story building that formerly housed a Wells Fargo bank branch. The… Read more
Apollo to Acquire Griffin Capital’s Wealth Distribution, Asset Management Units
Apollo said Thursday it would acquire the U.S. wealth distribution and asset management businesses of Griffin Capital. Terms weren’t disclosed. The acquisition… Read more
Burbank is Exhibit A for Those Who Doubt Entertainment Industry’s Resiliency
Granite Properties recently sold 2600 Olive, a class-A LEED silver-certified 152,834-square foot office building in the Burbank Media District. Pacshore… Read more
ViacomCBS Inches Closer to Sale of CBS Studio Center for $1.85B
ViacomCBS Inc. has entered into a definitive agreement to sell CBS Studio Center and its associated operating business to a… Read more
UCLA Team Takes Home Coveted Silver Shovel for The Boulevard
The UCLA graduate student team took home the coveted Silver Shovel for its winning proposal at the 24th NAIOP SoCal… Read more
Elite North Scottsdale Locks in $86M Acquisition Financing
Financing was recently secured for Elite North Scottsdale, a 360-unit garden-style multifamily property in Scottsdale. The 10-year Freddie Mac loan… Read more
Jacksonville Three-Property, 842-Unit Multifamily Portfolio Sells for $96M
New York-based Cyclone Investment Group, in a joint venture with Skywood Properties, has purchased a three-property multifamily portfolio totaling 842… Read more
Colliers Pegs Amanda Spangler to Head OC and IE
Amanda Spangler has joined Colliers as managing director of brokerage for Orange County and the Inland Empire. In her new… Read more
Sale Marks First Time USC Building is on the Market
Seller Doheny Eye Institute recently sold the 75,272-square-foot four-story life science building within the University of Southern California (USC) Health… Read more
NYC Leads Metros in Delinquency Balance, But Not Rate
Although the New York-New Jersey SMSA has the highest CMBS delinquency balance at $4.7 billion as of October, it doesn’t have the highest rate, Trepp… Read more
Project Denotes Step Forward in Anthem’s Sacramento Expansion Strategy
Financing to the tune of $39 million in construction debt and $20 million in equity was recently arranged for a… Read more