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December 11, 2025
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• Work Started on $140 Mil Affordable Housing Project in San Diego’s Mission Valley Area
8/18/25
Wakeland Housing has broken ground on The Becker, a $140 mil affordable housing complex in San Diego’s Mission Valley submarket. The project, located at located at 6364 Village Drive, was designed by MVE + Partners and being ...
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• TricorBraun Leases 600k sf Distribution Facility in the North Bay Area
8/15/25
In a deal we’re told represents the largest warehouse and distribution building lease within the North Bay Area Market (Solano/Napa) in the past two years, TricorBraun has leased Interchange Logistics Center, a 608.3k sf dist...
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• Los Altos Luxury Condo Project Lands $28 Mil in Construction Money
8/15/25
40 Main Street Offices has secured $28.1 mil in construction money for development of 40 Main Street, a fully-entitled 15-unit luxury condo project in downtown Los Altos, CA. JLL’s Chris Gandy and Ethan Habecker arranged the ...
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• New 16-Story Jamul Casino Resort in San Diego County Has Been Completed
8/13/25
Construction of Jamul Casino Resort in San Diego County has been completed. Built by C.W. Driver Companies, the new 16-story, 254k sf hotel tower is situated within the historic Jamul tribal community, next to the existing ca...
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• VDM Partners Finances Marina del Rey Res Buy with $43 Mil Loan
8/13/25
VDM Partners obtained $43.4 mil in acquisition financing for Villa Del Mar, a 198-unit, four-building, three-story luxury apartment community and 209 adjacent marina boat slips located at 13999 Marquesas Way in Marina del Rey...
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• Kennedy Wilson-Led Fund Spends $80 Mil on Seattle Res Community
8/12/25
A commingled fund managed by Kennedy Wilson has acquired Pratt Park Apartments, a 248-unit multifamily asset in Seattle, for $80.4 mil ($324.2k/unit). Kennedy Wilson has a 14% interest in Pratt Park through the commingled fun...
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• Portland Res Communities Refinanced with New Loan for $169.7 Mil
8/12/25
Willamette Tower and The Olivia, two luxury multi-housing communities located in Portland, OR, have been refinanced with a new, three-year bridge loan for $169.7 mil. The financing was funded through TPG Real Estate Credit, t...
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• 200-Unit Multifamily Property in Pasadena Sells
8/11/25
Avila Apartments, a 201-unit Class A multifamily property at 75 West Walnut St in Pasadena, has traded hands in a recent deal. The asset was sold by Greystar. Built in 2018, the property offers studios, one- and two-bedroom ...
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• LA Investment Entity Makes $35 Mil Seattle Res Buy
8/08/25
A three-property multifamily portfolio totaling 215 units in Seattle has sold for $35.2 mil ($163.7k/unit). The buyer was Vista Investment Group, a Los Angeles-based firm making its first multifamily acquisition in the Seattl...
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• Gelt Ventures Spends $40 Mil on National City Res Community
8/07/25
Gelt Ventures LLC has acquired The Commodore, a 92-unit apartment property in National City, CA for $40 mil, or $435k/unit. Built in 2024, the property sits on 2.4 acres at 200 to 250 E. 31st St, east of I-5 and just north of...
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• New Downtown Santa Cruz Res Project Nearing Completion
8/06/25
Construction is nearing completion on RiverRow, a 175-unit mixed-use project being developed by Lincoln Property Company in Santa Cruz. Developed in partnership with Bridge Investment Group, RiverRow will offer fully amenitiz...
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• Commercial Real Estate Financing Briefs
8/06/25
AVATAR FINANCIAL GROUP LLC -- Avatar Financial Group has provided $7.34 mil to refinance a pair of garden-style communities in Houston. The bridge loan carries a two-year term and an LTV of 70%. One of the properties, the 78-...
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• Lowe Buys Res Development in San Diego’s Ballpark District for $71 Mil
8/05/25
Lowe has purchased Tenth & G, a 207-unit mixed-use residential community located within downtown San Diego’s ballpark district, in a $71 mil ($343k/unit) transaction. The eight-story building includes 8.3k sf of ground-floor ...
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• Lincoln Property Company and New York Life Real Estate Investors Acquire 210k sf Creative Office Property in San Francisco
8/04/25
Lincoln Property Company and New York Life Real Estate Investors (“NYLREI”) have acquired 600 Townsend West, a 210k sf, Class A creative office property in the heart of San Francisco’s burgeoning Design District. The five-sto...
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• Prime Residential Spends $68 Mil on Silicon Valley Res Community
8/04/25
Prime Residential has acquired Citra, a 147-unit value-add apartment community located in Sunnyvale, in a deal said to be worth around $68 mil ($462.5k/unit). The purchased was financed with a new loan for $44.2 mil. Built i...
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• Retail Portfolio Trades in $76 Mil Transaction
8/01/25
A 10-property, single-tenant net lease retail portfolio in a recent $75.9 mil transaction. It was acquired by one of the largest buyers of single-tenant net leased assets in the country. Totaling 322.3k sf of space and locat...
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• Gelt Venture Partners Buys 678-Unit Self-Storage Asset in Napa, CA
8/01/25
Gelt Venture Partners has acquired a 678-unit self-storage property in Napa, CA. The property, formerly known as Southgate Mini Storage, will be rebranded as Public Storage under the new ownership. The deal has been reported ...
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• ColRich Picks Up San Diego Res Community in $62 Mil Transaction
7/31/25
San Diego-based ColRich closed on a significant multifamily acquisition, paying $62.3 mil for Mason Oliver, a 292-unit ($213.4k/unit), Class A community located at 11 S. 12th St in downtown Phoenix. Built in 2016, Mason Oliv...
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• Santa Monica Office Building Sells for Over $500/sf
7/30/25
In a Santa Monica office trade, Washington Capital purchased 501 Santa Monica Blvd, a seven-story, 78.5k sf building, for $40 mil, or $510/sf. The asset, situated at the corner with 5th St, includes a four-level, standalone p...
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• Kennedy Wilson Lands $183 Mil Construction Loan for South San Francisco Res Development
7/30/25
Kennedy Wilson has secured a $183 mil senior construction loan for construction of Alexan Icon, a 480-unit, two-building multifamily development in South San Francisco. The loan was provided to a joint venture of repeat Kenne...
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