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• Former San Leandro Retail Center Lands $33 Mil Refi after Transitioning to Power Center/R&D Campus
8/07/24
B3 & Gaw have obtained a $33 mil bridge loan to refinance the old Bayfair Mall in San Leandro, which is successfully transitioning into a mixed-use retail power center and emerging R&D campus.
Encompassing over 715k sf of re...
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• San Fernando Valley Multifamily Asset Sells for $300k/Unit
8/07/24
Pinetree Terrace Apartments, a 58-unit multifamily community in the central San Fernando Valley community of Reseda, traded hands in a $17.6 mil ($303k/unit) deal. Built in 1978 and on the market for the first time, Pinetree ...
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• Cityview and Wafra Buy New Res Community in L.A.’s Silver Lake Neighborhood
8/06/24
Cityview and Wafra have acquired Silva, a newly constructed 221-unit, Class A multifamily community in the Silver Lake neighborhood of Northeast Los Angeles. Situated on a hilltop that provides 360-degree views of the city, S...
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• Brixton Capital Picks Up 114-Unit Colorado Res Community
8/05/24
Brixton Capital has acquired Parkside at Littleton Village, a 114-unit boutique apartment community located at 300 E. Fremont Place in Littleton, CO. Built in 2022, Parkside at Littleton Village offers a mix of large floorpla...
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• CapRock Partners Picks Up Two Industrial Assets in Nevada Totaling 177k sf
8/02/24
CapRock Partners has acquired two industrial assets totaling 177.1k sf in Sparks, NV in an off-market transaction. The two buildings, located at 120 and 250 Greg Street, are freestanding, mid-bay warehouses that were sold by ...
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• Meta Housing Corporation and the Foundation for Affordable Housing Start Work on Long Beach Affordable Housing Community
8/02/24
Meta Housing Corporation and the Foundation for Affordable Housing have broken ground on the development of 1400 Long Beach, a new affordable housing community minutes from Downtown Long Beach, and directly adjacent to public...
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• Stos Partners Closes $35 Mil Ind Buy in Salt Lake City
8/01/24
Stos Partners has acquired a three-building, 279.2k sf industrial complex in Salt Lake City for $34.99 mil ($125/sf) in an off-market transaction. The asset sits on roughly 14.5 acres at 900 W 2900/2950/3100 S. The deal marks...
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• Washington Res Community Sells in $34.75 Mil Deal
7/31/24
Woodstone Apartments, a 124-unit apartment community in Bothell, WA, traded hands in a $34.75 mil ($280k/unit) transaction. The asset was sold by Security Properties.
Built in 1989, Woodstone Apartments is located at 16520 N...
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• AZ Industrial Facility Sells for $27.5 Mil in Owner/User Buy
7/30/24
In a recent AZ owner/user industrial buy, Setna iO/Setnix purchased a 112.3k sf facility in Tempe for $27.5 mil, or $245/sf. The space, located at 1345 S. 52nd St, represents a significant local expansion for the global organ...
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• Trammell Crow Company and Clarion Partners Finish Work on 1.7 msf The Center at Needham Ranch
7/30/24
Trammell Crow Company (TCC) and Clarion Partners have wrapped up construction on The Center at Needham Ranch (CANR), an award-winning, 1.7 msf industrial park in Santa Clarita. The 11-building industrial park, which the JV be...
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• Windy Hill Ventures Secures $105 Mil in Take-Out Financing on New Bay Area Res Development
7/30/24
Windy Hill Property Ventures has obtained $105 mil in construction takeout refinancing for Artisan Crossing, a newly developed, 250-unit multifamily community in the Bay Area city of Belmont. The loan was provided by Varde Pa...
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• Innovative Housing Opportunities and C&C Development Wrap Up Work on Carlsbad Affordable Housing Community
7/29/24
SoCal-based affordable housing developers Innovative Housing Opportunities (IHO) and C&C Development (C&C) have completed Pacific Wind, a new 89-unit affordable housing community that replaced 22 1950s era duplexes in the cit...
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• $270 Mil SoCal Hotel Project Tops Out
7/29/24
Construction of Jamul Hotel, a $270 mil hospitality project accompanying the Jamul Casino in San Diego County, has just topped out with the final beam placement. The development is being built by C.W. Driver Companies. The de...
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• ScanlanKemparBard Buys 436k sf CO Industrial Asset
7/25/24
ScanlanKemparBard acquired a two-building, 436.5k sf R&D/manufacturing property situated within Atlas Industrial Park in Broomfield, CO. The price was not immediately disclosed.
Strategically located in the heart of the Boul...
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• New $500 Mil San Diego Mixed-Use Development Signs Two New Office Tenants
7/25/24
There have been two new office leases totaling 26k sf of space to report at West, the recently completed, 37-story mixed-use project located at 1011 Union Street in downtown San Diego. The deals include a 17k sf lease with H...
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• Private Investor Spends $28 Mil on Two Office Assets in the San Gabriel Valley
7/24/24
A private investor purchased two separate office buildings with a combined 120k sf of space in deals totaling $28.2 mil. The properties are in the San Gabriel Valley cities of Diamond Bar and Monterey Park.
One of the proper...
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• Landmark Yamashiro Restaurant Property in Hollywood Offered for Sale
7/24/24
Here's news of a very unique investment/redevelopment opportunity in Hollywood that’s just hit the market. The property is the 7.3-acre Yamashiro restaurant site located at 1999 N. Sycamore Ave, north of Franklin Ave and west...
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• Center Capital Partners, Authentic Capital Group and TPG Angelo Gordon Spend $41.5 Mil on San Fernando Valley Industrial Asset
7/23/24
A partnership of Center Capital Partners, Authentic Capital Group and TPG Angelo Gordon acquired a 150k sf, high-image industrial facility in the western San Fernando Valley for $41.5 mil ($277/sf). The property, located at 9...
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• 1,000-Unit Res Portfolio Lands $128 Mil Refinancing
7/23/24
San Diego-based Tower 16 Capital Partners has secured a $128 mil refinancing of a four-property multifamily portfolio comprising nearly 1,000 units across California and Arizona. The new fixed-rate agency loans feature five-y...
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• Commercial Real Estate Financing Briefs
7/22/24
GANTRY -- Mike Wood and Alicia Sabanero with Gantry secured a $40 mil permanent loan to refinance The Mercer Apartments, on behalf of a private real estate investor. The multifamily property is located at 7650 SE 27th Street...
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