Sacramento
Calgary’s APEL Relocates to $100 Million HQ Facility
Calgary-based APEL Extrusions recently purchased 22.6 acres at the southeast corner of the new Loop 202 Freeway and Lower Buckeye… Read more
Avalon Goes from 76% to 90% Leased in Four Months
Pathfinder Partners, a San Diego-based private equity firm specializing in multifamily real estate investments, recently sold Avalon Apartments for $23… Read more
Fully Leased McClellan Submarket Warehouse Finds Buyer
5440 Stationers Way is in a last-mile location in the McClellan Industrial submarket of Sacramento and has access to critical… Read more
Industrial Likely to Take Center Stage for the Next Three Years
California developers report mixed expectations for the state’s post-pandemic commercial real estate market until 2023. While industrial and multifamily housing… Read more
Construction Gets Underway on Former Capitol Park Hotel
Construction on the former Capitol Park Hotel, located at 1125 9th St. in Sacramento’s downtown core, will transform the building… Read more
A Dozen-Plus Multifamily Assets Secure $173M in Loans
Financing to the tune of $172.9 million was recently secured for 14 U.S. multifamily properties totaling 1,334 units. JLL capital… Read more
Siemens Expands West Coast Rail Hub at McClellan
Siemens Mobility Inc. is expanding its West Coast rail services hub into a second location within McClellan Park, nearly tripling… Read more
Bella Pointe Apartments Gets 10-Year Variable-Rate Loan
A $14.3-million Freddie Mac variable-rate loan was recently obtained for the acquisition of Bella Pointe Apartments, a 136-unit multifamily community… Read more
Despite COVID, Lending Takes Off in the West
Highland Realty Capital ended 2020 with $243 million in fourth-quarter financings. And, in an otherwise challenging year, the company completed… Read more
12 Bay Area, Sacramento Multifamily Assets Close at $535M
In the fourth quarter of 2020, 12 assets totaling 1,552 units closed with a value of $535.165 million. The transactions… Read more
Lawyers in Real Estate 2020: Orrick’s Michael Liever
Michael Liever is a partner in the San Francisco office of Orrick, Herrington & Sutcliffe LLP, and a lawyer with one… Read more
Oakmont Nabs Natomas Apartments for $92M
San Rafael-based Oakmont Properties acquired Alira Luxury Apartments in Sacramento’s Natomas market for $92.3 million. The seller in the off-market… Read more
Kennedy Wilson Brokers 14-Acre Concord Land Deal; Expands Bay Area Team
Kennedy Wilson Brokerage represented Bay Area-based private developer Arnold Industrial LLC in the $6.8-million acquisition of 13.51 acres of commercial… Read more
KeyBank Delivers $78M for Sacramento Development
Sacramento-based CFY Development secured $78 million of financing from KeyBank Community Development Lending and Investment (CDLI) and KeyBank Real Estate… Read more
Women in Real Estate 2020: Ware Malcomb’s Tiffany English Pinpoints Resources
Tiffany English leads the growth and overall management of Ware Malcomb’s San Diego offices, including the architecture and interior studios.… Read more
PCCP Provides Financing for Boise Logistics Center Acquisition
PCCP, LLC provided a $19.4-million senior loan to Sacramento-based LDK Ventures for the acquisition, renovation and lease-up of Boise Logistics… Read more
San Francisco’s Entertainment, Nightlife Businesses Granted Relief
San Francisco will provide $2.5 million in support for entertainment and nightlife venues in the form of additional fee and… Read more
CBRE Arranges Record $118M Sale, Financing of Sacramento MF
The Press at Midtown Quarter, a 277-unit Class A multifamily property located in Midtown Sacramento, traded hands for $118 million.… Read more
CBRE Wins Chase Bank Portfolio Assignment from MetLife
Los Angeles-based CBRE won the assignment to market a portfolio of 16 current and former Chase Bank retail properties throughout… Read more