Ventura
IPA Represents Original Developer in $100M Ventura Apartment Sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap serving the company’s institutional clients, closed the $100-million sale of Cypress… Read more
Hanley Arranges Two Triple-Net Sales at Cathedral City Center
Hanley Investment Group Real Estate Advisors arranged the sales of two newly constructed, single-tenant retail properties at Cathedral Cove Center in… Read more
CEQA Reform Was a Long Time Coming
Signed into law by then-Gov. Ronald Reagan in 1970, the California Environmental Quality Act (CEQA) has required that state and… Read more
Rebuilding from January’s Wildfires Will Be Years-Long Process
With property damage from January’s Los Angeles and Ventura County wildfires estimated at upwards of $164 billion, California Gov. Gavin… Read more
Newsom Suspends Environmental Review Requirements for LA Rebuilding
California Gov. Gavin Newsom signed an executive order to suspend permitting and review requirements under the California Environmental Quality Act… Read more
Glendale Rental Property Trades for $266K/Unit
Decron Properties has acquired Hangar at Thunderbird (Hangar), a 266-unit gated multifamily community located in Glendale, AZ for $69 million.… Read more
CIM Trades DTLA Tower to FPA Multifamily
CIM Group and FPA Multifamily confirmed published reports that they were the seller and buyer, respectively, in the sale of… 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
California Leads U.S. for Housing Shortfall
Housing underproduction in California reached a shortage of 881,354 homes in 2021 for a first-place ranking among U.S. states for… Read more
CBRE Names Dean Hunt as Market Leader for Los Angeles North Region
CBRE appointed Dean Hunt as executive managing director and market leader for its Los Angeles North Region business. He will develop… Read more
Master-Planned Community Opens on Ventura Harbor’s North Side
Ventura Mayor Joe Schroeder, along with city and county officials, recently celebrated the completion of Portside Ventura Harbor, a 300-residence, master-planned community that… Read more
Cresa Promotes Lawson Martin, Dennis Smith to Greater LA Market Leaders
Cresa president Greg Schementi said Tuesday that Lawson Martin and Dennis Smith have each been named managing principal – market… Read more
MJL Capital Divests Net-Leased Planet Fitness Location
An affiliate of Beverly Hills-based MJL Capital Partners has sold a newly renovated single-tenant property now occupied by Planet Fitness… Read more
Universe Holdings Snags Ventura Multifamily Property for $20M
Berkadia has completed the $20.35 million sale of YOLO West Apartments, a 45-unit multifamily community in Ventura, CA. The property,… Read more
Aldi-Anchored Ventura Shopping Center Trades for $66M
Newmark has completed the disposition of Poinsettia Plaza, a 157,000-square-foot shopping center in Ventura, CA. The firm’s Pete Bethea, Rob… Read more
Capital One Closes $91M in Financing for SoCal Apartment Duo
Capital One has provided a pair of variable-rate Freddie Mac loans to Raintree Partners, totaling $91 million. The funding consists… Read more
Tauro Secures $52M Financing for Ventura MultiFam Development
Tauro Capital Advisors has facilitated $52 million in construction financing for a 125-unit, 10,000-square-foot mixed-use development in Ventura, CA. Tauro’s… Read more
The Lynd Group Sells Houston-Area Apartment Community for $53.9 Million
The Lynd Group has sold a 312-unit apartment community near Houston for $53.9 million- the second disposition of a value-add… Read more