Newport Beach
MMCC Arranges Refi on Long Beach Apartments
Marcus & Millichap Capital Corporation (MMCC) arranged $10,000,000 for the refinancing of the Orange Terrace Apartments, a 72-unit multifamily property… Read more
Shopoff Pre-Sells 70% of Newport Beach Condo Project
Shopoff Realty Investments said Tuesday it had pre-sold more than 70% of its luxury condominium project, Parkhouse Residences at Uptown Newport in… Read more
Costa Mesa Apartments Trade for $479K Per Unit
CBRE arranged the sale of a 12-unit multifamily property, Ebtide, in Costa Mesa for $5.75 million to a private investor. The selling… Read more
Graystone Promotes Net Lease Specialist to First VP
Graystone Capital Advisors, an investment sales brokerage headquartered in Newport Beach, promoted Florida-based Shannon Bona to first VP. Bona joined… Read more
Greg May and Newmark Part Ways
(Updated with additional information) Greg May, West Region market leader for Newmark, has been let go from the company, Connect… Read more
Shopoff Finds Buyers for Two Office Condos at Waypoint Newport
Shopoff Realty Investments has sold two office condominiums in its Waypoint Newport project, located at 4440 Von Karman Ave. in Koll… Read more
CRE Pricing Remains Unchanged in February Following Modest Increase
The Green Street Commercial Property Price Index was unchanged in February, Newport Beach, CA-based Green Street announced Wednesday. The all-property… Read more
MMCC Arranges $96M Loan on Trio of Retail Centers
Marcus & Millichap Capital Corporation (MMCC) arranged $96,025,000 for the refinancing of three multi-tenant retail centers located in North Hollywood,… Read more
Battered Hillsboro Outlet Mall Hoping for Revival
The once bustling 356,296 square foot Outlets at Hillsboro, which once housed 100 stores but now only has two, is under new ownership… Read more
Bain, Cherry Tree Capital Partner on SoCal Rental Developments
Bain Capital Real Estate and Cherry Tree Capital Partners have formed BCT Development, a strategic joint venture focused on the… Read more
DJM Recapitalizes Newport Beach Mixed-Use
JLL Capital Markets closed the recapitalization of Lido Marina Village, a 3.06-acre, coastal mixed-use shopping center located in Newport Beach. JLL… Read more
CRE Pricing Posts Modest Increase in January
The Green Street Commercial Property Price Index increased modestly in January, rising 0.3% from the end of 2023. The all-property index, a measure… Read more
Ontario Warehouse Secures Full-Building Lease
DAUM Commercial Real Estate Services completed the lease of a 102,878-square-foot freestanding Class A industrial property in Ontario. The building was… Read more
Single-Family Rental Outlook Remains Positive Despite 2023 Headwinds
Single-family rental operating fundamentals outperformed many sectors in 2023, but fell short of elevated expectations, Green Street says in a… Read more
BKM Hires Craig Morrow as Senior Director, Property Management
Newport Beach-based BKM Capital Partners has hired Craig Morrow as senior director for BKM Management Co. In this newly created role, his initial… Read more