Sacramento
Sacramento—The West Coast’s Defending Rent-Growth Champ in Multifamily
California’s state capital—and, potentially, the backdrop for another battle over rent-control legislation—Sacramento is also the West Coast’s leading market for… Read more
Clarion Acquires Reno’s Lear Industrial Center for $117M
Clarion Partners LLC has acquired Lear Industrial Center in Reno, NV, for $117 million. The seller, Panattoni Development Company, originally… Read more
Triad Lagoon Valley Acquires 840 Acres for Conservation Community Development
Triad Lagoon Valley, LLC, a subsidiary of Seattle’s Triad Development, completed the acquisition of approximately 840 acres from Lennar Corporation… Read more
Dignity Health Set for 35-Acre Elk Grove Hospital Development
Dignity Health officials joined with Elk Grove, CA city leaders to announce plans for a new hospital campus to serve… Read more
CBRE Adds Experienced Sacramento Industrial SVP to Roseville Team
Zac Sweet, a 15-year veteran of the Sacramento, CA, industrial commercial real estate markets, has joined CBRE as a senior… Read more
Southern U.S. Will Lead 2020 Home Price Growth
Housing markets in the southern half of the U.S. will perform the best in 2020, according to economists and real… Read more
Report: Four Metros Reach Full Home Price Recovery
Four new metro areas have reached values last seen during boom-era peaks more than 13 years ago, according to a… Read more
U.S. Multifamily Wraps Up a Strong 2019
The U.S. multifamily sector continues strong, and wrapped up a healthy 2019 with continued rent growth and robust unit absorption,… Read more
Construction Financing Secured for Sacramento’s Hyatt House
Dallas-based HALL Structured Finance closed a new first lien construction loan totaling $26.7 million to finance the development of a… Read more
Kennedy Wilson Snags Marin’s Hamilton Landing for $115M
Beverly Hills, CA-based Kennedy Wilson acquired Hamilton Landing, an institutional quality, wholly-owned office campus with seven buildings across 20 acres… Read more
Single-Asset Sales Pace Q3 2019 Metrics
When it came to apartment sales, deal volume fell by 7% year over year, according to Real Capital Analytics’ U.S.… Read more
Buzz Oates Entity Unloads Natoma Station in Folsom for $24M
Natoma Station Corporate Center, a Class A, 102,750-square-foot multi-tenant office property in Folsom, CA, traded hands for 23.7 million. The… Read more
UC Regents Divest Landmark Sacramento Office Building
The University of California Regents sold 1130 K Street, a historic landmark office building totaling 140,908 square feet in Sacramento,… Read more
CBRE’s Brandon Beck Establishes World-Record Golf Birdie Streak
Brandon Beck, who played golf collegiately for UC Berkeley, established a new world record by posting 10 consecutive birdies in… Read more
Today’s Commuter Can Spend Two Weeks Per Year in Transit
By Paul Bubny The 1993 movie “Falling Down” begins with a heavily perspiring Michael Douglas behind the wheel of a… Read more
Report: U.S. Multifamily Rents Continue Positive Momentum
U.S. multifamily rents have continued their upward trajectory with a 3.4% year-over-year increase in July 2019, according to a new… Read more
CalSTRS Outperforms Real Estate Benchmark Despite ‘Roller Coaster’ Market
The California State Teachers’ Retirement System (CalSTRS) reported a 6.8% net return on investments for the fiscal year ending June… Read more
Marijuana Cultivators in O-Zones? Yes. Liquor Stores? No
A specific list of businesses do not qualify under the Opportunity Zones program. Known as “sin businesses,” these include gambling… Read more
Safe Lots for Homeless: A Solution or More Fuel to Growing Problem?
By Cole Feldman San Francisco intends to designate a parking lot near the Balboa Park public transportation depot as ‘safe’… Read more