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• Driftwood Capital Starts Work on Marriott Hotel Project in San Diego’s Mission Valley Area
6/14/24
Driftwood Capital has started work on the Element Hotel by Marriott in San Diego County’s Mission Valley area. The project, located at 8757 Rio San Diego Dr, next to the existing full-service Marriott Hotel Mission Valley, wa...
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• Liv Communities and Rockefeller Group Wrap Up Work on AZ Res Community
6/13/24
A new 360-unit apartment community in Laveen, AZ has been completed and is now open to the public. The project, Sol38 by Liv, is a development of Liv Communities and Rockefeller Group.
Located at 3875 W. Dobbins Rd, Sol38 fe...
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• Founders Properties Picks Up 162k sf Phoenix Industrial Project
6/11/24
Founders Properties acquired 21st Street Center, a two-building industrial project totaling 162.2k sf on more than eight acres in the sought-after Airport submarket of Phoenix. Consisting of two highly functional industrial b...
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• Palladius Capital Management Acquires 694-Bed Student Housing Property in Texas
6/11/24
Palladius Capital Management has purchased The Luxx, a 220-unit, 694-bed student housing community in San Antonio, TX. The property is located at 6023 UTSA Blvd, within walking distance of The University of Texas at San Anton...
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• Berkeley Property Purchased for Student Housing Development
6/11/24
A development site of just under a half-acre in Berkeley, less than five blocks from the University of California, Berkeley, was acquired for development of a 52-unit, 232-bedroom student housing project. The 0.43-acre proper...
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• George Oliver Teams with Ascentris in Purchase of Office Building in Old Town Scottsdale
6/10/24
Phoenix-based developer George Oliver and joint venture partner Ascentris purchased a 162.2k sf office building in the heart of Old Town Scottsdale for $26.05 mil ($160/sf). The building sits on just over three acres at 4141 ...
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• Chicago Multifamily Owner Buys 254-Unit Texas Res Asset
6/10/24
Sherman Residential, a Chicago-based owner and operator of luxury multifamily assets , closed on a Texas res buy, picking up Oaks on Marketplace, a 254-unit luxury multifamily community near I-35 in the city of Kyle. The prop...
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• Building Block Foundation Fund to Hold Annual White Party Charity Fundraiser on August 21, 2024 at Newport Dunes in Newport Beach
6/07/24
One of the best commercial real estate events in Southern California, the Building Block Foundation Fund White Party Charity Fundraiser, will be held on August 21, 2024 at the beautiful Newport Dunes in Newport Beach.
Each y...
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• Bendetti-Led Venture Picks Up 257k sf TX Industrial Property
6/07/24
Bendetti has purchased Proto Park, a 257.2k sf industrial asset located at 3200 Irving Blvd in Dallas, TX. The property is 100% leased to Morrison Supply, Taxila Stone, Preziosa Stone, Dynasty Distilling and an undisclosed in...
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• Community Preservation Partners Picks Up Affordable Housing Project in Ellensburg, WA
6/06/24
CPP (Community Preservation Partners) has acquired Crestview Terrace, a 168-unit affordable housing development in Ellensburg, WA. Built in 1970, Crestview Terrace last underwent renovation in 2008, and has since experienced ...
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• Work Finished on New $38 Mil STEM Building on Menifee Campus of Mt. San Jacinto College
6/05/24
Construction has been completed on a new two-story STEM building on the Menifee campus of Mt. San Jacinto College. The $38 mil, state-of-the-art building, which broke ground in May 2022, was designed by DLR Group and built by...
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• Recently Completed Fort Worth Industrial Facility Trades
6/05/24
A 267.3k sf industrial property in Fort Worth, TX traded hands in a recent deal. The property, DFW Point35 – Building 1, located at 11085 Harmon Rd, is fully occupied by GITI Tire, which uses the site to distribute to local a...
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• Multifamily Property in Vancouver, WA Goes for $26.7 Mil
6/04/24
Thunderbird Village, a 182-unit garden-style apartment community in Vancouver, WA, traded hands for $26.75 mil, or $147k/unit. The asset was sold by NBP Capital.
Built in 1972, Thunderbird Village features one-, two-, and th...
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• Affordable Housing Project in L.A.’s Koreatown Neighborhood Set to Go with $24 Mil in Construction Money
6/04/24
Kingsley Apartments, a planned 136-unit, 100% affordable property in Los Angeles’ popular Koreatown submarket, is closer to becoming a reality after landing $24.4 mil in construction money.
The project is situated just three...
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• Hollywood Office Building Sells in $25 Mil Deal
6/03/24
A six-story, 86.6k sf office building in Hollywood has traded hands in a $25.5 mil ($294/sf) deal. The Class A property, located at 7083 Hollywood Blvd, at the intersection with La Brea Ave, is viewed as a value-add opportuni...
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• Construction Started on California’s First Man-Made Surf Wave Resort
6/03/24
Beach Street Development & Operations has begun construction on its DSRT Surf Resort. This 17-acre AO-designed destination in Palm Desert will be California’s first facility to offer man-made surf waves open to the public. Th...
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• TruAmerica Picks Up 288-Unit Res Community in Ogden, UT
5/31/24
TruAmerica Multifamily has acquired The Falls at Canyon Rim, a 288-unit multifamily property located in South Ogden, UT, approximately 25 miles north of Salt Lake City. The price was not immediately given out.
The Falls at C...
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• Vegas Area Office Property Fetches $570/sf
5/30/24
A 4.2k sf, single-story office building in Las Vegas traded hands in a recent $2.4 mil ($571/sf) transaction. The property’s existing floor plan provides exceptional efficiency and flexibility for a variety of uses.
The buil...
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• Anthem Development and ATX Acquisitions Team Up in Dallas Res Buy
5/30/24
A strategic joint venture partnership between Anthem Development and ATX Acquisitions has acquired Eleven600 Apartments, a 216-unit apartment building located at 11600 Audelia Road in Dallas, TX. The price was not disclosed.
...
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• CapRock Partners Acquires 244k sf Industrial Asset in Mesa, AZ
5/29/24
CapRock Partners has purchased Longbow Industrial Park, a new two-building, Class A industrial complex totaling 244.3k sf in Mesa, AZ. The 14.5-acre property was sold by a private investor.
Longbow Industrial Park is an effi...
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