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• Draftsmen & Craftsmen
4/01/13
California State University Northridge (CSUN) has selected the design-build team of general contractor C.W. Driver and architectural firm AC Martin Partners for a $26 mil student housing complex on the campus. The 100k sf des...
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• Quantum Capital Partners Arranges $6 Mil Refi on West Hollywood Office Building
3/28/13
Quantum Capital Partners has arranged permanent financing of $5.9 mil on behalf of a private owner to refinance a West Hollywood office building. The new five-year, fixed loan has an attractive interest rate of just under fo...
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• Non-Distressed Sales of CA Homes at Highest Level Since April 2008
3/26/13
Pending home sales in California rose in February from the previous month but were lower than year-ago levels. Meanwhile, equity sales rose to their highest level in nearly five years, according to just-released data from th...
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• Johnson Capital and Better Commercial Mortgage Arrange $9.5 Mil on 147-Room Hotel Property
3/21/13
Daniel Lisser, Managing Director in Johnson Capital’s New York City office, and Better Commercial Mortgage Inc have jointly arranged $9.5 mil in financing for the 147-room Airport International Inn in Williston, North Dakota....
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• MIG Real Estate Acquires Two AZ Hotel Properties
3/20/13
Newport Beach-based MIG Real Estate LLC has acquired two hotels in the Phoenix metro area: the Fairfield Inn & Suites Midtown in Phoenix and Holiday Inn Express & Suites Old Town in Scottsdale. These acquisitions further expa...
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• Draftsmen & Craftsmen
3/19/13
Construction is currently underway on a new corporate headquarters space for Monster Energy Company that was designed by Newport Beach-based H. Hendy Associates. To bring the Monster brand to life in its new headquarters, the...
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• Commercial Real Estate Financing Briefs
3/18/13
MARCUS & MILLICHAP CAPITAL CORPORATION -- Marcus & Millichap Capital Corporation has arranged a $15.5 mil first trust deed to facilitate the purchase of an apartment community in Anaheim. The 10-year loan amortizes over 30 ye...
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• Seattle Mixed-Use Property Financed with $21 Mil in Fannie Mae Money
3/13/13
Amos Smith and Ryan Chapman of Johnson Capital’s Irvine office have arranged a $21.3 mil loan secured by a mixed-use project in Seattle consisting of 98 apartment units and 5k sf of ground floor commercial space.
The owner ...
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• Tacoma Medical Office Property Trades Hands
3/08/13
In a recent Washington state office buy, Berschauer Group NW LLC purchased Allenmore Medical Center's Building B, an 86.9k sf mid-rise medical office property on Multicare Health System’s Allenmore hospital campus in Central ...
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• New 3,500-Room, Asian-Themed Resort Planned for Las Vegas
3/07/13
To learn more about this multi-million dollar project, located at the corner of Vegas Blvd and Desert Inn Rd, read the complete article in the Los Angeles Times by Jay Jones. Just click HERE.
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• Mountain Real Estate Capital and Oakwood Homes Form Strategic Partnership
3/06/13
Charlotte, N.C.-based Mountain Real Estate Capital (MREC) has entered into a strategic partnership with Oakwood Homes, Colorado’s largest privately held homebuilders. The $100 mil+ transaction provides MREC, one of the larges...
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• CA Pending Home Sales Near Four-Year High
3/01/13
California pending home sales posted the strongest gain in nearly four years during January, rising from both the previous month and year, according to new data from the California Association of Realtors ®.
C.A.R.’s Pendi...
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• Trion Properties Enjoying Increased Deal Activity
2/28/13
Los Angeles-based Trion Properties recently received a payoff of four loans from the owner of the four apartment properties encumbered by the debt. In other recent activity, Trion also acquired a 21-unit multifamily property ...
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• Alina Mardesich Named Business Development Manager at Sabal Financial Group
2/27/13
Alina Mardesich has been named business development manager for Sabal Financial Group’s recently launched Commercial Real Estate (CRE) Bridge Lending program. In her new role, Mardesich will oversee all CRE bridge lending re...
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• CA Home Affordability Drops Dues to Higher Home Prices
2/26/13
Higher home prices offset lower interest rates to reduce housing affordability in California during the fourth quarter of 2012, according to the latest data provided by the California Association of Realtors®.
The percentage...
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• Beech Street Ranks Third on Fannie Mae’s Top Multifamily Originators for 2012
2/22/13
For the second year running, Beech Street Capital, LLC, placed third on Fannie Mae’s annual list of top multifamily loan originators. Beech Street’s volume with the agency grew 45% in 2012. This growth outpaced the jump in ...
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• Premier Business Centers Debuts New Look
2/15/13
Irvine-based Premier Business Centers (PBC) has introduced its new corporate brand identity and redesigned website, which more accurately represent what the company has become: the nation’s largest privately-owned office spac...
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• Draftsmen & Craftsmen
2/12/13
Benchmark Contractors recently began construction of Clarett West's Blvd6200 North, an exciting new mixed-use development adjacent to the historic Pantages Theater in Hollywood. Designed by architect VTBS (Van Tilburg, Banva...
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• ViaWest Group Spends Over $13 Mil on Phoenix Commercial Assets
2/12/13
ViaWest Group has acquired two Phoenix commercial properties: a 118.9k sf, multi-tenant, flex-office complex and a 2.8-acre parcel of commercially-zoned vacant land, collectively referred to as “West 101 Business Center”. The...
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• L.A. Basin Boasts Strongest Industrial Market in the Nation
2/05/13
The Greater Los Angeles region is currently the strongest industrial market in the nation, with industrial real estate outperforming all other real estate classes in the four-county LA region. At least that’s the general sent...
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