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• Prologis Completes Projects to Feed 4.2 Megawatts of Solar Power to the Los Angeles DWP
1/22/15
Global industrial REIT Prologis Inc has completed four new solar projects in Los Angeles. Some 1.1 msf of Prologis rooftop space will feed a combined 4.2 megawatts of power directly into the Los Angeles Department of Water an...
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Executive Subscriber Price: Free
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• Napa Valley Hotel Property Sells
1/22/15
The Sunburst Calistoga Hotel, a 50-room hotel property situated in the heart of Napa Valley, was acquired by an investment vehicle of Eagle Point Hotel Partners. The hotel is located at 1880 Lincoln Ave, west of Hwy 128 off o...
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Executive Subscriber Price: Free
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• Dornin Investment Group Acquires 104k sf Las Vegas Office Asset
1/20/15
Dornin Investment Group has obtained $18 mil in financing for the acquisition and lease‐up of City Centre Place, a six‐story, Class A office building totaling 104k sf in Downtown Las Vegas. The money was provided ...
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• NBS Financial Services Arrange $11 Mil on Spokane Office Property
1/19/15
NBS Financial Services has arranged $11.3 mil in refi money for Northpointe Office Plaza, a 108.4k sf office building in Spokane. The borrower was Northpointe Office Building LLC.
Built in 1995, Northpointe Office Plaza is l...
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• Net-Leased Walgreens on Las Vegas Strip Offered for Sale
1/14/15
A net-leased Walgreens drugstore located on the world-famous Las Vegas Strip has been put on the market. The price is open bid, however, the property is expected to trade in the mid-$40 mil range.
The store is situated on a ...
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• CBRE Capital Markets Team Arranges $350 Mil on Senior Housing Portfolio
1/13/15
CBRE Capital Markets’ Debt & Structured Finance team has secured $350 mil in financing for The Ranger Portfolio, a portfolio of 36 senior housing communities located across 10 states, mostly in the West. These include Arizona...
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Executive Subscriber Price: Free
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• PCCP Provides $31 Mil in Refi Money for the W Hotel San Diego
1/13/15
PCCP LLC has provided a $31.2 mil senior loan to refi the W Hotel San Diego on behalf of the ownership, a joint venture between Rockpoint Group and SCS Advisors. The 258-room, full-service hotel is located in Downtown San Die...
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Executive Subscriber Price: Free
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• Peter H. Thomas and Mitchell Bradford Form Multifamily Investment / Development Firm
1/12/15
Real estate professionals Peter H. Thomas and Mitchell Bradford have formed Thomas Bradford Communities (TBC), a new multifamily investment and development company with offices in Phoenix and Newport Beach.
The company plans...
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Executive Subscriber Price: Free
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• Local Investor Buys 92k sf Office Building in LA’s City West Submarket
1/12/15
In a downtown Los Angeles investment buy, Sharp Capital, a Beverly Hills-based, family investment fund, purchased 1200 Wilshire Blvd, a six-story, 92k sf building. The property is located across the street from Good Samaritan...
Price: $4.99
Executive Subscriber Price: Free
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• Alfa Laval Inks Deal for 106k sf Build-to-Suit Development at Houston Biz Campus
1/09/15
Alfa Laval Inc, a U.S. subsidiary of the Swedish Corporation Alfa Laval AB, has signed a long-term, build-to-suit lease within Pinto Business Park, a biz campus in Houston owned by Hines in a venture with KKR and Pinto Real E...
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Executive Subscriber Price: Free
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• Far West Management to Renovate 196-Unit Marina del Rey Res Community
1/07/15
Far West Management has obtained a $36 mil bridge-to-perm loan for the renovation of Villa Del Mar Apartment Homes, a 196-unit multifamily complex on the waterfront in Marina del Rey. The four-building property, which include...
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Executive Subscriber Price: Free
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• ConAm Picks Up 132-Unit WA Res Community
1/06/15
ConAm purchased Creekside Village Apartments and Townhomes, a 132-unit residential community in Vancouver, WA. The asset was sold by a joint venture between PCCP LLC, and Westbridge Properties LLC.
Located at 3100 Falk Rd, C...
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• Ken Reiff Named President of NoCal Chapter of SIOR
1/05/15
Ken Reiff, SIOR and Managing Director of Cassidy Turley’s Sacramento office, has been named President of the Society of Industrial and Office Realtors (SIOR) – Northern California Chapter. The President acts as the Chapter’s ...
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• Eagle Home Mortgage Leases Class A Space in Vancouver, WA
1/05/15
In a recent office lease comp in Vancouver, WA, Eagle Home Mortgage inked a deal for 8.3k sf of space at the 805 Broadway Building, Vancouver’s largest Class A office tower. Eagle, a leading lender in the region, is planning ...
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• Business Finance Capital is Second Ranked SBA 504 Loan Provider in LA County, Orange County and Inland Empire Regions
12/30/14
Business Finance Capital (BFC) of Los Angeles is the second ranked provider of direct Small Business Administration 504 program loans in the Los Angeles County, Orange County and Inland Empire regions based on total dollar am...
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Executive Subscriber Price: Free
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• Newcastle Partners Closes Out a Very Active Year in 2014
12/30/14
San Francisco-based Newcastle Partners had a very active year in 2014. For the year, the firm will have acquired, developed or sold 3.9 msf of industrial and office property throughout Southern California, San Francisco Bay A...
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Executive Subscriber Price: Free
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• Draftsmen & Craftsmen
12/29/14
West Sacramento-based Clark Pacific has been awarded the contract by Turner Construction to deliver the precast scope of work for the Sacramento Kings’ Entertainment and Sports Center (ESC) in downtown Sacramento. Clark Pacif...
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Executive Subscriber Price: Free
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• Texas Dev Site Being Sold Through Micoley.com Auction Site
12/24/14
Here’s the scoop on a prime, 12.258-acre development site that has become available in the eastern Texas in the town of Lufkin., about 120 miles north of Houston.
It is located off the U.S. 59 freeway and Loop 287, where tra...
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• Steadfast Apartment REIT Adds an Oasis to Its Portfolio
12/24/14
Steadfast Apartment REIT paid $40 mil for The Oasis, a 252-unit apartment community in Colorado Springs, CO. The transaction represents the REIT’s entry into Colorado, and boosts its portfolio to seven apartment communities a...
Price: $4.99
Executive Subscriber Price: Free
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• Premier Business Centers to Open Its First Location in Hawaii
12/23/14
Premier Business Centers will be opening their first executive office suite location in Hawaii in February 2015. Based in Irvine, Premier is the largest privately owned executive suite operation in the US.
Premier’s new 13.5...
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