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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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High Street Residential and MetLife Investment Management to Build a 189-Unit Res Project in Scottsdale, AZ 7/30/25 High Street Residential has announced plans to build a three-story, 189-unit Class A multifamily development in Scottsdale, AZ. The project, Shea Residences, is being developed with JV partner MetLife Investment Management an...
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OC Office Portfolio Trades in $62.4 Mil Deal 7/29/25 Axis, a 306.7k sf office portfolio within Anaheim’s Platinum Triangle submarket, was acquired by ParkTerra and JEN Partners in a $62.46 mil transaction. The properties are located at 2121-2170 Towne Centre Place, 2190 Towne C...
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Beverly Hills-Adjacent Hotel Lands $55 Mil Refi 7/29/25 An affiliate of Seaview Investors LLC has obtained a $55 mil refi loan on Burton House Beverly Hills, a 186-room, full-service hotel in West Los Angeles. The property is located at 1177 South Beverly Dr, on the northeast corn...
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Concord Capital Partners Buys Historic Park Wilshire Apartment Property Along L.A.’s Wilshire Corridor 7/28/25 Concord Capital Partners has acquired The Park Wilshire, an iconic 170-unit multifamily building situated along Los Angeles’ historic Wilshire corridor between Koreatown and downtown Los Angeles. Built in 1923, the building s...
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RPM Living Investments Buys 341-Unit Luxury Res Community in San Antonio 7/25/25 RPM Living Investments purchased Heritage Plaza, a 341-unit, Class A apartment community in downtown San Antonio, TX. The acquisition was financed with a $42 mil senior loan provided by PCCP.
Built in 2020, Heritage Plaza is...
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BKM Capital Partners and Kayne Anderson Real Estate Acquire 500k sf Bay Area Light Industrial Portfolio 7/25/25 BKM Capital Partners and Kayne Anderson Real Estate have acquired a three-property, light industrial portfolio in the San Francisco Bay Area. The transaction marks a significant expansion of the joint venture’s footprint in t...
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Hillwood Investment Properties Wraps Up $74 Mil Industrial Buy in Surprise, AZ 7/24/25 Hillwood Investment Properties has acquired Blue Cactus Logistics, a 258.1k sf, Class A industrial building in Surprise, AZ, in a recent deal valued at $74 mil ($287/sf). The facility, completed in mid-2024, was sold by BlueS...
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192-Unit AZ Res Community Acquired by Pillar Communities and Private Portfolio Group 7/24/25 Pillar Communities and Private Portfolio Group have acquired Huxley Scottsdale, a 192-unit luxury multifamily community located in North Scottsdale, AZ. The deal marks the companies’ 36th acquisition in the Phoenix area since...
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Work Started on 473k sf Biz Park in Fremont 7/23/25 Construction has started on Campus at Bayside, a 473.3k sf, six-building advanced manufacturing business park located within the Bayside Technology Park in Fremont. The project is a development of 9th St. Partners LLC and Cla...
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