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June 15, 2024
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• Venture West Funding Arranges $19 Mil to Refi Six LA-Area Apartment Buildings
1/15/14
El Segundo-based Venture West Funding Inc has arranged loans totaling $19.2 mil for the refinancing of six apartment buildings located in Inglewood and Los Angeles. The loans were funded through Luther Burbank Savings and Cha...
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• Berkeley Point Capital Arranges $37 Mil in Acquisition Money for TruAmerica Multifamily’s Latest Buy
1/14/14
In an update to major multifamily buy in the state of Washington that RENTV first reported a couple of weeks earlier, Berkeley Point Capital arranged $37.535 mil in financing for TruAmerica Multifamily’s $54 mil ($174.8k/unit...
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• McCann Realty Partners Starts Work on 350-Unit Houston Res Project
1/09/14
McCann Realty Partners LLC has started construction on Radius at Shadow Creek Ranch Apartments, a 350-unit development in the Pearland submarket of Houston, TX. The property is located in the Shadow Creek Ranch development on...
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• Portland Office Campus Awarded LEED Silver-Certification
1/07/14
Lincoln Center, a Class A, seven-building office campus located in Portland’s 217 suburban office market, has been awarded Leed Silver certification. Lincoln Center is the first office campus in Oregon to earn the LEED Exist...
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• Draftsmen & Craftsmen
1/03/14
C.W. Driver has recently completed construction on a 127k sf Bloomingdale’s department store, using iPad applications and technologies that allow a paperless job site to create a crisp and efficient construction time table fo...
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• TEXAS - Hudson Capital Investments Buys 200-Unit Texas Multifamily Property
1/02/14
Hudson Capital Investments, out of Charleston, SC, has purchased The Palms at Cinco Ranch, a 200-unit, 218.4k sf multifamily apartment complex in Richmond, TX, approximately 15 miles southwest of Houston. The terms of the sal...
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• CIM Group Opens Downtown Las Vegas Hotel/Entertainment Project
1/02/14
Downtown Grand Las Vegas, a modern boutique hotel, casino, and entertainment destination in downtown Las Vegas, recently opened to the public, in November of 2013. Downtown Grand features 634 hotel rooms in two towers—the 18...
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• Sirio North America Inks Industrial Lease in San Leandro
12/31/13
Sirio North America Inc leased 71.5k sf of industrial space at the Williams Street Industrial Park in San Leandro. Sirio, a provider of high-quality commercial grade outdoor furniture, will use the space for the assembly and ...
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• Unico Fund Buys WA Office Asset
12/24/13
A Unico-sponsored investment fund has purchased The Creeksides at Centerpoint, a 218.6k sf, institutional-quality office complex in Kent, WA. The asset is located at 20415-20435 72nd Ave, between I-5 and Hwy 167. Completed i...
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• Dornin Investment Group Closes on 98k sf Vegas Office Buy
12/23/13
Dornin Investment Group recently closed on the purchase of a 97.9k sf, Class A office building in Las Vegas. The institutional-quality property, located at 3755 Breakthrough Way, was sold by American Nevada Company. Locate...
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• Phoenix Office Property Trades Hands for $8.5 Mil
12/20/13
Country Club Manor, an 89.2k sf, Class A office property in Phoenix, sold for $8.5 mil, or about $95/sf. Located at 1221 and 1313 E. Osborn Rd, the asset was purchased by Santa Monica-based Hyperion Fund as an REO property. ...
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• Panattoni Development Awards Marketing for Upcoming WA Biz Park to Jones Lang LaSalle
12/18/13
Panattoni Development has selected Jones Lang LaSalle to handle the marketing for, a fully-entitled 36-acre, 357k sf industrial park still in the pre-construction phase. The project, located in the Northend submarket of Evere...
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• NewQuest Epic Investments Forms Retail Investment Venture
12/18/13
NewQuest Epic Investments has closed on a $75 mil joint venture with a $4 bil private equity real estate firm to purchase value-add grocery-anchored and power retail properties. The $75 mil equity placement is to be deployed ...
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• Construction Finished on 200k sf Complex for San Diego Mesa College
12/16/13
Construction has been completed for the new 206k sf, four-story Math+Science Complex in the heart of San Diego Mesa College. The project, located at 7250 Mesa College Dr in the Clairemont area of San Diego, is being built by ...
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• Thorofare Capital Funds $5.9 Mil Purchase 149k sf NoCal Industrial Building
12/12/13
Thorofare Capital has funded a $5.9 mil acquisition loan for the purchase of a lender-owned, 148.9k sf industrial building located on San Antonio Street in the NoCal city of Hayward. The borrower is BRAD management, a private...
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• Economic Update
12/12/13
Friends and Colleagues, As we head toward a new year ahead, it's time to reflect on the current state of the economy, and where things might be going in 2014. This week, our friends at Wells Fargo Securities (WFS) share with...
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• Draftsmen & Craftsmen
12/11/13
The Oxnard Unified School District (OUSD) has chosen LA-based Bernards to rebuild the Harrington Elementary School Campus. Designed by Dougherty & Dougherty, the new school will be built on play fields of the existing 8.3-acr...
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• Bobblehead Manufacturer Leases 200k sf WA Facility
12/10/13
Bobblehead manufacturer Funko LLC is moving its headquarters to a new and expanded facility in Everett’s Seaway neighbourhood. The company has inked a deal for the entire 200.5k sf building located at 1202 Shuksan Way, north ...
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•  Johnson Capital Arranges $3 Mil on 33k sf FL Property
12/10/13
Eric Fixler, Managing Director in Johnson Capital’s Boca Raton, FL office, arranged a $3 mil loan to finance the acquisition of a 32.6k sf educational building in Coconut Creek, FL. The South Florida Academy of Learning pur...
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• RiverRock Real Estate Group Lands Management Assignment for 630k sf Denver-Area
12/09/13
AEW Capital Management (AEW) has awarded RiverRock Real Estate Group the management assignment for a 630k sf of portfolio office and industrial space located in Denver and surrounding communities. This is the second new AEW ...
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