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• Johnson Capital a Pathfinder for $23 Mil of Multifamily/Res Financing in the Western US
6/18/13
Richard Caterina, Senior Vice President in Johnson Capital’s San Diego office, has arranged multiple loans totaling approximately $23 mil for multifamily and residential properties in the western United States.
One of the de...
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• Pinnacle Hotels Obtains Financing for Two San Diego-Area Hotel Properties
6/14/13
CBRE Hotels|Finance acted as the exclusive financial advisor to Pinnacle Hotels USA (“Pinnacle”) in arranging financing for the Courtyard by Marriott Solana Beach / Del Mar Hotel and the Days Inn Encinitas Legoland. The two l...
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• Johnson Capital Arranges $27.5 Mil on Utah Multifamily Complex
6/03/13
Greg Richardson, Managing Director, and Scott Watson, Vice President, of Johnson Capital’s Irvine office, have arranged a $27.5 mil loan secured by a multifamily property in West Jordan, Utah.
The property, known as the Bou...
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• Draftsmen & Craftsmen
5/23/13
Construction is complete on Granada Village, a 225k sf neighborhood center in the San Fernando Valley. Owned by Regency Centers, the $18.5 mil redevelopment project upgraded the shopping center, built in 1965, in Granada Hill...
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• Industry Veterans Launch New Commercial Roofing Firm
5/22/13
Well known commercial roofing industry veterans Aaron Martin and John Patterson have partnered with Newport Beach-based Labrador Capital to launch Red Pointe Roofing, a commercial roofing firm serving building owners in the W...
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• Pat McRoskey Rejoins CBRE as Managing Director
5/15/13
Patrick J. McRoskey has joined CBRE Group as Managing Director. In this new role, McRoskey will be focused on leading CBRE leasing, property and project management on a regional portfolio of Class A office properties, which...
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• William H. Winn Named President and CEO at Fortus Property Group
5/15/13
William H. Winn has been named President and CEO of Fortus Property Group. Fortus is a vertically-integrated retail investment and operating company with over 2 msf of retail and mixed-use properties located throughout the We...
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• Fred Cordova, Christine Deschaine and Ryan Eddy Join Kennedy Wilson
5/14/13
Fred Córdova and Christine Deschaine, two leading SoCal brokerage pros, have joined the brokerage team in the Beverly Hills headquarters of international real estate investment and services firm Kennedy Wilson. In addition, R...
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• CA Housing Affordability Dropping
5/13/13
Higher home prices put a dent in California’s housing affordability during the first quarter of 2013, according to the most recent data from the California Association of Realtors® (C.A.R.).
The percentage of home buyers who...
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• CompStak Offers a New Solution for Sharing and Accessing Deal Comps
5/08/13
Online commercial lease info provider CompStak is about to launch its lease comp services in Los Angeles on June 1, and also in Washington, D.C., on July 1. CompStak, led by CEO Michael Mandel, says that they make commercial ...
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• Final Spire Hoisted to Top of NYC's Freedom Tower
5/02/13
The crowning element of the new One World Trade Center tower in New York City has been raised to a temporary housing at the top of the building, to be permanently attached to the structure at an upcoming date.
An article on ...
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• Larry K. Sullivan Named President at Passco Companies
5/01/13
Larry K. Sullivan has been named as president of Passco Companies LLC, following the resignation of former president William H. Winn. The appointment is effective as of May 30, 2013.
With more than 30 years of experience di...
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• Webtrends Relocates Portland HQ to US Bancorp Tower
4/26/13
Webtrends is relocating its Portland corporate headquarters to U.S. Bancorp Tower, after signing a lease for 64.7k sf of space at the 42-story high-rise, located at 111 SW 5th Ave in Portland’s downtown. Webtrends, a leader i...
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• Draftsmen & Craftsmen
4/24/13
The University of Southern California (USC) has selected Bernards as general contractor for the renovation and expansion of the university’s new Uytengsu Aquatic Center. The $12.5 mil project, designed by Berkley-based ELS A...
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• Equity Sales of CA Homes at Highest Level in Five Years
4/23/13
The share of equity sales rose to their highest level in five years, while March California pending home sales climbed from the previous month, according to the latest data from the California Association of Realtors®.
Pend...
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• New WA Medical Facility First Building Certified Under LEED for Healthcare Rating System
4/18/13
The Group Health Puyallup Medical Center, a newly opened 53k sf, two-story medical facility in Puyallup, WA, is the first project in the country to achieve certification under the new Leadership in Energy and Environmental De...
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• Tripwire Sets Off 50k sf Office Lease in Portland
4/17/13
Tripwire Inc signed a renewal for 49.6k sf of office space at One Main Place, a 293k sf, Class A office building at 101 SW Main Street in Portland. Tripwire is a leading global provider of IT security and compliance solution...
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• Draftsmen & Craftsmen
4/17/13
C.W. Driver has started construction on the new student recreation center expansion located on the University of California, Riverside (UCR) campus. The $35.2 mil project, which is targeted for LEED silver certification, invo...
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• Commercial Real Estate Financing Briefs
4/15/13
THE ALISON COMPANY -- Shaun Moothart of The Alison Company has arranged $10.15 mil in permanent financing for a portfolio of four SoCal properties totaling 212k sf. A portion of the proceeds was required for the acquisition ...
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• Green Leaf Springs Buys 266-Unit Portland Multifamily Community
4/11/13
Willow Springs, a 266-unit apartment community located in Portland’s Parkrose neighborhood, sold for $16.1 mil or $60.5k/unit. The asset was acquired by Green Leaf Springs LLC, which plans to undertake an exterior renovation ...
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