| Strategic Legacy Investment Group and W Design Developments Team Up in Senior Housing Development Venture
LA-based Strategic Legacy Investment Group Inc and W Design Developments have formed a partnership called We Strategic Development Corporation to design, build, and maintain seniors housing facilities. The two entities initia...
| Premier Business Centers Acquires Its First Location in NY City
Premier Business Centers®, the big Irvine-based flexible workspace operator, has acquired its first location in the state of New York by purchasing Prime Office Centers’ 521 5th Avenue location in New York City. The building ...
| A Majority of Real Estate Investors in the Americas Anticipate Increased Buying Activity in 2018
A prolonged period of U.S. economic growth, as well as tax cuts and favorable regulatory changes, has turned commercial real estate investors more positive going into 2018 than they were at the start of last year, according t...
| Bixby Land Company and AXA Investment Managers - Real Assets to Go on Industrial Buying Spree
Bixby Land Company and AXA Investment Managers - Real Assets have reached an agreement to acquire as much as $400 mil of industrial properties. The joint venture with AXA IM - Real Assets fuels a strategic increase in Bixby’s...
| Pro Moves
Aaron Hill - Aaron Hill was named President at Bixby Land Company, extending a successful 11-year tenure at Bixby where he most recently served as executive vice president and chief operating officer. Bill Halford, who has se...
| Latest Allen Matkins / UCLA Anderson Forecast California CRE Survey Suggests Federal Tax Overhaul Favors the Commercial Real Estate Industry
The Winter/Spring 2018 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey reflects the favorable changes to the CRE market caused by the recent federal tax overhaul. The tax bill is expected to incr...
| CA Home Prices Continue to Rise While Sales Volume Slows Due to Lowest Inventory Levels in 13 Years
Amid the lowest housing inventory levels in more than 13 years, existing home sales still eked out a year-over-year gain, while the median sales price posted a solid annual increase, per the latest figures from the California...
| Warehouse Construction Surge Lifts Industrial Land Prices By Double Digits In Major US Logistics Markets, Led by California’s Inland Empire
The e-commerce-fueled surge in development of warehouses and distribution centers has generated double-digit, year-over-year percentage increases in prices for industrial land in major markets, led by California’s Inland Empi...
| Calmwater Capital Closes Third Fund with $636 Mil in Commitments
Calmwater Capital has closed its third fund, U.S. Real Estate Credit Fund III, L.P., with $636 mil in total commitments. The fund’s investors include endowments, pension funds and family offices, based in North America, Asia,...
| San Diego Office Market Soars in 2017
San Diego’s office market flourished in the second half of 2017, according to Cushman & Wakefield’s latest year-end market report. With a commanding 716.6k sf of positive net absorption in the third quarter, San Diego’s offic...
| Draftsmen & Craftsmen
San Diego-based SCA Architecture (formerly known as Smith Consulting Architects) has completed the planning, design, and entitlements for a new 23-acre campus expansion on behalf of global communications company, Viasat, loca...
| SAVE the DATE => January 24 is RENTV's Orange County State of the Market Conference
Here's your chance to hear and mingle with some of Orange County's leading dealmakers as they share their insight on the office, industrial, retail and multifamily markets at RENTV's upcoming State of the Market conference f...
| Businesses Pay a Hefty Premium for America’s Top Office Addresses
America’s most desirable office addresses command an average annual asking rent of $48.65 per square foot, a 47% premium compared to the rest of the country. And they remain as popular as ever. According to JLL’s 2017 Most Ex...
| Banc of California Recruits James Weigandt as Managing Director, Commercial Real Estate and Multifamily Banking
Banc of California today announced it has hired James Wiegandt as Managing Director, Commercial Real Estate and Multifamily Banking. Wiegandt joins Banc of California from Luther Burbank Savings, where he most recently served...
| USC’s Marshall School of Business and Price School of Public Policy Wins NAIOP SoCal USC vs. UCLA Real Estate Challenge
Now celebrating its 20th anniversary, the NAIOP SoCal USC vs. UCLA Real Estate Challenge is a commercial real estate industry tradition bringing together graduate student teams from the Ziman Center of Real Estate at UCLA’s A...
| Tech Industry’s Impact on Office Demand Spilling over into Submarkets with more Traditional Spaces
The willingness of tech companies to pay a premium for office space in the hottest tech submarkets is spilling over into neighboring submarkets as available space dwindles, according to CBRE’s annual Tech-30 report, which mea...
| Del Mar Heights Blvd Boasts the Highest Retail Rents in the San Diego Area
San Diego’s Del Mar Heights Boulevard is listed as having the 14th most expensive retail rents in the Americas, according to Cushman & Wakefield’s 29th annual Main Street Across the World report, just released. In last year’s...
| Law Firms Adjusting Real Estate Strategies to Respond to Changing Workplace Needs
Law firms are adjusting their real estate strategies in response to advances in technology, shifting client demand, aging workforces and intense competition to attract and retain skilled talent, according to a new report from...
| CA Housing Affordability Drops to Lowest Level in 10 Years
California’s housing affordability hit a 10-year low as tight housing inventory drove home prices higher and reduced purchasing power for homebuyers in the third quarter, primarily in previously more affordable regions such a...
| Outlook for U.S. Commercial RE Lending Market Remains Upbeat
Commercial real estate lending markets remained on the upswing in Q3 2017 with rising equity prices, limited volatility and tightening spreads, according to the latest research from CBRE.
The CBRE Lending Momentum Index, whi...