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December 7, 2016
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Archive
1  | 2  | 3  | 4  | 5  | 6  | 7  | 8  | 9  | 10  ...  351
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• Mani Brothers Real Estate Group Makes $80 Buy in Playa Vista
11/10/16
Mani Brothers Real Estate Group has purchased The Landing at Playa Vista, a 100.8k sf, newly renovated Class A office property, for $80 mil ($794/sf) in an off-market transaction. The property was sold by Hudson Pacific Prope...
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• Mountain View Affordable Housing Project Breaks Ground
11/09/16
ROEM Development Corporation has broken ground on Evelyn Family Apartments, a 116-unit, affordable multifamily community in Mountain View. The development covers 1.93 acres on the southwest corner at the intersection of East...
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• Roseville Office Property Sells in $27 Mil Deal
11/08/16
A joint venture between Barker Pacific Group (BPG) and WHI Real Estate Partners (WHIREP) has acquired Lava Ridge Business Center, a Class A office asset in Roseville, CA. The property, sold by Utah-based PRI, traded for $27.6...
more » 

• Robertson Properties Group Pays $50 Mil for Arclight Hollywood Parking Structure
11/08/16
Los Angeles-based Robertson Properties Group (RPG) closed on a notable acquisition in the area, paying $50 mil for the Arclight Hollywood Parking Structure, the city’s largest public/private parking structure. Located at the ...
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• Historic Property in Downtown Los Angeles Sold for $24 Mil
11/07/16
The Merritt Building in downtown Los Angeles was acquired by an international investor in a recent $24 mil transaction. Located at 761 S. Broadway (aka 301 W. 8th Street), The Merritt Building is a historic, multi-story 55.9k...
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• Reno Area Industrial Portfolio Purchased by Dalfen America for $55 Mil
11/07/16
In recent industrial deal news out of Nevada, Dalfen America Corp has purchased a five-building, 1.25 msf industrial portfolio in Sparks for $55.3 mil ($44/sf). The seller was Global Logistic Partners (GLP), a leading provide...
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• TruAmerica and Investcorp Team up in $92 Mil Inland Empire Res Buy
11/07/16
TruAmerica Multifamily in joint venture with institutional capital partner Investcorp has acquired The Highlands, a 556-unit, garden-style apartment community in the Inland Empire community of Grand Terrace. The asset traded ...
more » 

• UNCOMMON Development Breaks Ground in the San Fernando Valley
11/04/16
A unique, 24-acre residential, office and retail campus in the west San Fernando Valley has just broken ground. The project, “24”, is a live/work/play campus concept that is hoped to transform an under-served area of Chatswor...
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• La Mesa Res Community Traded in $17 Mil Transaction
11/04/16
The Quarry Apartment Homes, a 60-unit, luxury res property in La Mesa, sold for $17 mil ($283k/unit). The property is at 4330 Palm Ave, west of Hwy 125 and north of Hwy 94. The apartment community is made up of three, three-...
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• Tishman Speyer Buys Creative Office Campus in LA’s Arts District
11/03/16
More big news from LA’s Arts District, as Tishman Speyer paid $24.5 mil for a 1.7-acre creative office campus situated alongside the Los Angeles River on Bay and Sacramento streets. It was sold by Lion Real Estate Group and t...
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• Swift Realty Partners Pays $61 Mil for The Academy in NoHo
11/02/16
Swift Realty Partners has acquired The Academy Tower, a Class A, two-building office property totaling 175.2k sf within the Arts District of North Hollywood (NoHo). The property sold for $61.5 mil, or about $350/sf. At the ti...
more » 

• Phoenix Mixed-Use Campus to Undergo $25 Mil Renovation
11/01/16
Parallel Capital Partners, which acquired Arizona Center in a joint venture with Angelo, Gordon and Co late last year, will soon embark on a $25 mil renovation of the Class A, 16-acre mixed-use campus in downtown Phoenix. The...
more » 

• Gelt Inc Wraps Up $40 Mil, Portland-Area Res Buy
11/01/16
Gelt Inc has acquired Powell Valley Apartment Homes, a 228-unit residential community in Gresham, OR, for $39.5 mil, or $173.2k/unit. The property, located at 1500 SW Pleasant View Dr, about 15 miles east of downtown Portland...
more » 

• RAF Pacifica Group to Build Spec Creative Corp HQ Facility in Carlsbad
10/31/16
RAF Pacifica Group has announced plans for a spec corporate HQ / industrial development in Carlsbad. The project, to be called “cre•ate,” will be a 144.5k sf facility situated on 9.70 acres of land. The facility will be divi...
more » 

• The Bascom Group and Oaktree Capital Management Close 196-Unit AZ Res Buy
10/31/16
The Bascom Group LLC and Oaktree Capital Management have teamed up in another significant west coast residential buy. In ths latest deal, a $250 mil venture between Bascom and funds managed by Oaktree has acquired Springs at ...
more » 

• Citivest Commercial Investments Picks Up 82k sf Coachella Valley Shopping Center
10/28/16
Citivest Commercial Investments LLC paid $19.8 mil for Town Center Plaza, an 82k sf ($241/sf) retail property in Palm Desert. The property, located at 44100-44425 Town Center Way, just east of Hwy 111, was sold by Town Center...
more » 

• Walker & Dunlop to Acquire George Elkins Mortgage Banking Company
10/27/16
Walker & Dunlop Inc is acquiring George Elkins Mortgage Banking Company (Elkins), a long-time, independent mortgage brokerage company based out of Los Angeles. Elkins has served as the direct loan origination arm for an array...
more » 

• Bentall Kennedy Nabs 965k sf, Class A Industrial Asset in Anaheim
10/27/16
In an institutional industrial buy out of Orange County, Bentall Kennedy has purchased Anaheim Concourse, a seven-building, 965.3k sf property in Anaheim, for $188.2 mil ($195/sf). The Class A asset was sold by Panattoni Deve...
more » 

• Intercontinental and MG Properties Refinance 390-Unit OR Res Property
10/26/16
CBRE Capital Markets’ Debt & Structured Finance team secured $50.9 mil of debt financing for a 390-unit multifamily community in the Portland, OR suburb of Happy Valley. The borrower is a partnership between Intercontinental ...
more » 

• CBRE Arranges $145 Mil on Two Res Communities in San Diego’s UTC Submarket
10/25/16
The Premiere Residential has secured $145 mil in financing on two, Class A apartment communities located in the UTC submarket of San Diego. The transactions consisted of a $77.5 mil loan on La Jolla International Gardens (400...
more » 



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