| Central CA Hotel Property Trades for $105k/Room
Best Western Plus Villa Del Lago Inn, an 82-room hospitality property located in Patterson, CA, sold for $8.65 mil. Patterson is roughly 17 miles southwest of Modesto in central California.
Best Western Plus Villa Del Lago I...
| Commercial Real Estate Financing Briefs
NORTHMARQ CAPITAL - Ory Schwartz with NorthMarq Capital secured Freddie Mac financing totaling $38.4 mil for two NoCal multifamily properties totaling 445 units. The financings were on behalf of two tenants in common, consist...
| San Francisco Office Market Had a Strong Year in 2018
This report was provided by real estate services firm Kidder Mathews
San Francisco’s office market finished 2018 very strong, with tech giants leading the way once again, according to 2018 year-end research from real estate ...
| Outpatient Centers on the Rise as Average Asking Rent for U.S. Medical Office Buildings Reaches Record High
This report was provided by real estate services firm CBRE
The U.S. outpatient care center sector has grown robustly in recent years as asking rents for medical office buildings continue to rise and health systems seek to pr...
| Knotel’s Portfolio Expanded by Over 300% in 2018
Agile workspace provider Knotel reports that its footprint more than tripled in 2018 – increasing by 318% -- and it expects similar growth in the coming year.
Knotel, which signed its first lease three years ago, grew in 2...
| MidOcean Partners Acquires Meyers Research from Kennedy Wilson
MidOcean Partners, middle market private equity firm focused on the business services and consumer sectors, acquired Meyers Research LLC, a leading provider of data for the real estate industry. The Irvine-based firm was sold...
| L.A. Jumps to Second Place for Office Rent Growth among CBRE’s Tech-30
This report provided to us by real estate services firm CBRE
Buoyed by double-digit tech-sector employment growth, Los Angeles ranked second among the 30 leading tech markets for office rent growth, up from 12th place during...
| Industry Veterans Launch Online Platform Catering to Middle Market Transactions
Biproxi, an online platform for middle-market commercial real estate sales and leasing, was just launched by industry veterans Gordon Smith, Yan Khamish, Carrington Guy and Thatcher Milholland. The site, which has secured see...
| Rocklin Retail Comp Comes in at $250/sf
A 10.1k sf retail center in the Sacramento-area city of Rocklin sold for $2.52 mil, or around $250/sf. The property is located 2600 Sunset Blvd, at the intersection with Fairway Dr.
The property is situated near the Sunset W...
| BridgeCore Capital Introduces “Pay Rate” Lending Product
BridgeCore Capital Inc has commenced operations, offering an innovative approach to providing private bridge financing for commercial and non-owner-occupied residential properties throughout California.
“BridgeCore is intro...
| Wall of Capital Chasing Real Estate Assets, While Strong Economic Growth Keeping Cap Rates Stable
This report was provided to us by real estate services firm CBRE
A wall of domestic and global capital, above-trend economic growth, and a continued low interest rate environment led to broadly stable capitalization rates fo...
| Home Affordability in California Drops to Lowest Level in 10 Years
Record home price increases and higher interest rates combined to constrain California housing affordability to the lowest levels in 10 years, according to the lates research from the California Association of Realtors® (C.A....
| CRE Trends for California Expected to Continue
The Summer/Fall 2018 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey shows that despite tax cuts and incentives, tariffs, higher interest rates, higher cap rates, and slowing employment growth, t...
| CA Home Sales Continue to Slow as Prices Increase Again
California’s median home price edged higher to another peak in June as year-over-year home sales lost steam for the second straight month, according to the latest data from the California Association of Realtors® (C.A.R.).
| Large Tenants Keep Up the Demand for Office Space in San Francisco
Large tenants such as Facebook, WeWork, and Cruise Automation continue to drive the San Francisco office market, according to a new report released by real estate services firm Kidder Mathews. Tech companies face increasing c...
| CBD Rents for Transit-Accessible Buildings Substantially Higher than for Car-Dependent Space
This study on mass transit’s influence on office markets in major metros was provided to us by real estate services firm Transwestern
The national average rent in transit-accessible office buildings was 65% higher than the a...
| Study Shows that Quality of Property Management Services Impacts Business’ Employee Retention Abilities
As employers strive to create a healthier, more collaborative and productive work environment for employees, the quality of property management and the incorporation of technology are critical considerations when making locat...
| Industrial Rents Support Additional Warehouse Development in Many U.S. Markets
This report was provided to us by global real estate services firm CBRE.
Projected rents are more than adequate in many markets, including Los Angeles, to justify additional development of warehouses and distribution center...
| Pace of CA Home Sales Slows in May
California’s median home price reached a new high in May, while home sales retreated both on a monthly and annual basis, wiping out most of the gains posted for the year, according to the latest data from the California Assoc...
| Save the Date => July 19 is RENTV's Annual San Francisco State of the Market Conference
Hear from an expert line-up of industry speakers who will discuss the office, retail, multifamily and capital markets in the City by the Bay