|
• Tryperion Partners LLC Closes First Fund
5/15/13
Tryperion Partners LLC (“Tryperion”), a recently formed, LA-based private real estate investment firm, just closed its first fund, Tryperion RE Fund I, L.P. (“Fund”), with $50 mil of fully discretionary committed capital. Tr...
|
• TIAA-CREF Closes Institutional Apartment Buy in Burbank
5/14/13
TIAA-CREF just closed on a large LA-area multifamily buy, having acquired Empire Landing, a 276-unit multifamily community in Burbank. The terms of the sale were not disclosed.
The apartment complex is located at 1901 N. Bue...
|
• Kennedy Wilson to Handle Leasing of Commercial Sites on Mare Island
5/14/13
Kennedy Wilson has been named as the exclusive leasing agent for more than 1 msf of commercial sites on Mare Island by Lennar Mare Island LLC (LMI), the developer of approximately 650 acres of the former Mare Island naval bas...
|
• Dominion Healthcare Financial Corporation Arranges $21.5 Mil on Two Hawaii Skilled Nursing Properties
5/13/13
Dominion Healthcare Financial Corporation closed a complicated $21.5 mil loan transaction on two skilled nursing facilities on the island of Oahu in the State of Hawaii. The new financing consisted of a combination term loan ...
|
• $60 Mil Mixed-Use Project Adjacent to Portland’s Grant Park Neighborhood to Get Underway
5/13/13
Construction is set to start on Grant Park Village, a $60 mil mixed-use development in Portland. The project, being developed by Capstone Partners LLC and PCCP LLC, will contain 211 units of market rate apartments in five sep...
|
• 200k sf El Segundo Office Campus Changes Hands
5/10/13
Rockwood Capital and Marshall Property & Development have acquired a three building, 200k sf office campus located in El Segundo, in an all-cash deal valued at $25 mil ($125/sf). The property is the former home of Rhythm & Hu...
|
• Canyon Capital Realty Advisors and Citi Form New Multifamily Workforce Housing Fund
5/09/13
Canyon Capital Realty Advisors (CCRA) and Citi have partnered to launch a new real estate fund focused on multifamily workforce housing in underserved communities across the United States. The Canyon Multifamily Impact Fund i...
|
• Vestar Refinances 686k sf AZ Power Center
5/09/13
Vestar has obtained a seven-year permanent loan totaling $63.5 mil for the refinancing of Queen Creek Marketplace, a 686k sf power center located at the Southwest corner of Ellsworth Loop Rd and Rittenhouse Rd in Queen Creek,...
|
• New Res Project Started in San Diego’s East Village Arts District
5/09/13
Construction is underway on a new 208-unit, residential project in the East Village Arts District of downtown San Diego. Called The Lofts, the five-story development is located at 688 13th St, fronting 13th Street between Mar...
|
• Holland Partners Completes $25 Mil AZ Apartment Buy
5/08/13
In a large AZ multifamily acquisition, Holland Partners has purchased The Bellagio, a 202-unit apartment community in Scottsdale, for $25.8 mil ($11.5k/unit). The property, located at 5635 E. Bell Rd, at the corner with N 56t...
|
• Continental Funding Arranges $74 Mil Refi of Construction Loan for LA-Area Mixed-Use Project
5/07/13
Continental Funding Group (CFG), a Los Angeles-based commercial real estate investment banking firm, has arrange a $74 mil refinance of the construction loan for Atlantic Times Square, a mixed-use property in Monterey Park, C...
|
• New 245k sf Corp HQ Facility Breaks Ground in Pomona
5/07/13
Seventh Street Development has started development of the third phase of the 1.5 msf Mission 71 Business Park with the construction of the largest industrial building built in the San Gabriel Valley in the past three years. T...
|
• Drawbridge Realty Trust Picks Up Fourth Silicon Valley Property
5/07/13
In a recent Silicon Valley Corporate HQ buy, Drawbridge Realty Trust has acquired a 50.1k sf office/R&D building in Santa Clara. The single-story structure, located at 4600 Patrick Henry Dr, was purchased in an off-market dea...
|
• Stoltz Real Estate Partners Spends $50 Mil on Large Vegas Retail Center Buy
5/07/13
Stoltz Real Estate Partners has purchased the majority of Deer Springs Town Center Shopping Center, a 512.3k sf community shopping center in Las Vegas, for $50.5 mil. The acquisition included 369.2k sf of the center’s total s...
|
• 373-Unit Waterfront Res Development Set to Start in Portland
5/06/13
Development of Phase I of The Residences at Yacht Harbor, a 373-unit, waterfront Class A multifamily property in Portland, is set to move forward after the project’s developer, Salpare Bay LLC, obtained $38.9 mil in construct...
|
• Developer of LA’s Midtown Shopping Center Acquires Ground Under Project Along with Additional Land
5/03/13
Midtown Shopping Center Associates (MTSCA) has acquired the land under Midtown Shopping Center plus two adjacent properties totaling 14.56 acres in Los Angeles’ Mid-City area for $42.5 mil from Denver-based Catellus Developme...
|
• Kennedy Wilson Buys 89k sf NoCal Office Asset
5/03/13
In the latest news from international real estate investment firm Kennedy Wilson, the LA-based company has acquired The Pointe at Redwood Shores, two Class A, two-story office buildings totaling 89.5k sf of space located in R...
|
• LA Westside Office Building Fetches Over $20 Mil
5/03/13
Sandstone Properties has purchased 11175 Santa Monica Blvd, a nine-story office building located on .31 acres of land at the junction of Santa Monica Blvd and the 405 Fwy in West Los Angeles. The 74.9k sf building traded for ...
|
• Kennedy Wilson Closes $62 Mil Apartment Buy in Salt Lake City
5/02/13
LA-based Kennedy Wilson recently closed on another large, institutional multifamily buy. In this latest deal, the company acquired Foothill Place, a 450-unit apartment community in Salt Lake City, Utah, for $61.8 mil, or abou...
|
• Terramar Signs Five Restaurant Tenants at The Headquarters
5/02/13
A number of restaurant tenants including Pizzeria Mozza, The Cheesecake Factory, Puesto, Eddie V’s, and Seasons 52 have already inked deals for new locations at The Headquarters, a $40 mil adaptive re-use and renovation of th...
|
Return to the Home Page area
