| 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
| Madison Marquette and PMRG to Merge Operations
Madison Marquette, a privately held commercial real estate investment and operating company, and PMRG, a privately held commercial real estate firm specializing in project leasing, property management, investment management a...
| CREXi Secures $11 Mil Series A Investment
CREXi, a leading marketplace and technology platform for the commercial real estate industry, has obtained $11 mil in Series A financing. The round was led by Jackson Square Ventures. Other investors in the round included Man...
| BKM Capital Partners Completes First Close of Second Institutional Fund
BKM Capital Partners has completed the first close of its second institutional fund, BKM Industrial Value Fund II, L.P., with $135 mil in equity commitments as well as $25 mil in co-investments. The firm also currently has an...
| Construction Costs Surge in April
This report was provided to us by the Associated General Contractors of America Labor Department
The cost of goods used in construction jumped in April at the fastest year-over-year rate since 2011, with ongoing increases fo...
| Prologis to Acquire DCT Industrial Trust for $8.4 Bil
Prologis Inc. (NYSE: PLD) and DCT Industrial Trust Inc (NYSE: DCT) just agreed to a merger by which Prologis will acquire DCT for $8.4 bil in a stock-for-stock transaction, including the assumption of debt. The boards of dire...
| CA Home Sales Pick Up Again in February after Slow January
Led by the San Francisco Bay Region, California home sales registered healthy gains in February on both a monthly and annual basis after January’s weak start, according to the most recent monthly data from the California Asso...