Sacramento
Dignity Health Buys 28 Acres at PCCP’s Folsom Ranch
San Francisco-based Dignity Health acquired 28 acres at PCCP’s Folsom Ranch Corporate Center in the Sacramento region for an undisclosed… Read more
California Gov. Newsom Closes Bars in 7 Counties, Advises Another to Reinstate Stay-Home Order
The Golden State’s planned reopening took a few steps back over the weekend. California Governor Gavin Newsom on Sunday tweeted:… Read more
AECOM-Canyon Partners JV Snags $73M for Sacramento Student Housing Development
AECOM-Canyon Partners, in a JV with The Martin Group, secured a $73.3 million senior construction loan from Pacific Western Bank… Read more
Bridge Buys Sacramento MF for $85M
Salt Lake City-based Bridge Investment Group acquired The Fountains at Point West, a 339-unit value-add multifamily property in Sacramento, from… Read more
California Legislators Weigh $25B COVID-19 Rental Relief Fund
California lawmakers are working on a pair of proposals designed to help stem the economic fallout from the COVID-19 pandemic… Read more
Nordstrom Permanently Closing 16 Full-Line Stores in Nine States
Seattle-based Nordstrom, Inc. outlined plans to increase flexibility and agility in serving customers and position the business for the long-term… Read more
Brookfield Buys Seven-Property Southwest Industrial Portfolio for $25M
Brookfield Property Group acquired seven single-tenant industrial properties from privately-owned investment firm, Lowenberg Corporation. The multi-state industrial portfolio was purchased… Read more
Metro Services Three-Part Series (Part One): First Steps: Initial Building Safety and Training for COVID-19
By Dennis Kaiser This is the first in a three-part series by Metro Services Group’s facility experts who explain how… Read more
Rent Voucher Program Legislation Introduced for COVID-19 Impacted Tenants
The California Apartment Association (CAA) introduced a legislative proposal that would help both landlords and renters endure the financial difficulties… Read more
JLL Arranges Nearly $1B for 17-Property, 7M-SF National Portfolio
JLL Capital Markets arranged $991.77 million in financing for a geographically diverse, 17-property portfolio totaling more than seven million square… Read more
Retailers, Hotels and Restaurants Pounded by Disruption
Up and down California, and throughout the nation, no industry class has been harder hit by the escalating Covid-19 mitigation… Read more
NY Life Acquires 630 K Street Office Asset for $28M
New York Life Real Estate Investments (NYL), on behalf of an institutional client, has acquired an 87,140-square-foot office building in… Read more
Connect Q&A: California’s 2020 Housing Politics with AAGLA’s Yukelson
By Chris Egger As the state of California, alongside the rest of the nation and a global community, wrestle with… Read more
CBRE Sells 270-Unit Sacramento Multifamily for $65M
CBRE has completed the $64.75-million sale of Landing at College Square, a 270-unit multifamily property, to San Diego-based MG Properties… Read more
SB 902 Rekindles Legislature’s Housing Agenda
The dialogue on affordable housing in Sacramento continues, and California Sen. Scott Wiener (D-San Francisco) has introduced SB 902, a… Read more
Asian Capital Surges into Bay Area Class A Properties
Following last week’s string of high-profile transactions, one thing can be said about California commercial real estate, and one might… Read more
Ocean West Leads Record-Setting Acquisition of UC Davis Student Housing
Sol at West Village, a 2,289-bed, 663-unit class A student housing community in Davis, CA has been sold to a… Read more
UC Davis Medical Center Unveils $1.9B Expansion Plan
Sacramento’s UC Davis Medical Center is set to deploy approximately $1.9 billion to expand its footprint over the next decade… Read more
Sacramento’s Park Tower Acquired for $166M
Singapore-based Prime US REIT, represented domestically by Newport Beach-based KBS, has acquired the Park Center office tower in downtown Sacramento… Read more