|
• California Landmark Group Wraps Up Work on Res Project in L.A.’s Silver Lake Neighborhood
4/15/24
California Landmark Group (CLG) has finished work on the 100-unit M1byCLG (M1), the largest multifamily development in Los Angeles’ Silver Lake submarket since 2015.
M1 represents California Landmark’s entry into one of Lo...
|
• BH Properties Buys Iconic Mixed-Use Property in Seattle
4/12/24
BH Properties has boosted it Pacific Northwest portfolio with the acquisition of the historic Olympic Block building, a 74.7k sf, creative office and mixed-use property in Seattle’s Pioneer Square neighborhood. The price was ...
|
• AEW Capital Management Buys 376-Unit Multifamily Property in Ventura County
4/12/24
AEW Capital Management has acquired Ranch at Moorpark, a 376-unit multifamily community in the Ventura County city of Moorpark, in a $133.2 mil ($354k/unit) transaction. The property is located at 51 Majestic Court, roughly 5...
|
• AZ Shopping Center Fetches $319/sf
4/11/24
Houston-based Whitestone REIT has purchased Scottsdale Commons, a Class A, 69.5k sf shopping center in Scottsdale, AZ, for $22.15 mil ($319/sf). The asset was sold by Trojan Development Associates III LLC, and Whitestone REIT...
|
• Cityview Wraps Up Work on Apartment Project in L.A.’s Historic Filipinotown
4/11/24
Cityview has completed work on Belle on Bev – a 243-unit mixed-use project in Los Angeles’ Historic Filipinotown (HiFi). Now leasing, Belle on Bev features modern apartments stylized with art deco design inspired by the area’...
|
• Commercial Real Estate Financing Briefs
4/09/24
GANTRY - Tony Kaufmann and Joe Foley with Gantry have arranged non-cross collateralized permanent loans totaling $30 mil for one sponsor to refinance two adjacent, Tempe, AZ industrial properties encompassing 298.3k sf of spa...
|
• Brookfield Properties has Started Work on 600k sf AZ Industrial Project
4/08/24
Brookfield Properties has begun work on Camelback 303 Logistics Center, a LEED-certified, two-building industrial development totaling 616.1k sf of space. The project is being built by Stevens-Leinweber Construction (SLC).
T...
|
• New 359-Unit Houston Res Development has Opened to the Public
4/05/24
The Laura, a new 359-unit apartment development in Houston, has opened to the public. The project is part of the first phase at Midway’s East River campus that is transforming Houston's waterfront east of downtown into a bust...
|
• Housing Authority of the City of Los Angeles Spends $43 Mil for 120-Unit Res Property in the City’s La Fayette Park Neighborhood
4/04/24
In a notable multifamily trade in Los Angeles, a three-story, 120-unit apartment community in the city’s historic La Fayette Park neighborhood sold for $43.44 mil, or $362k/unit. The property, consisting of a 91k sf building ...
|
• Work Gets Underway on Student Housing Project at California State University, Long Beach
4/04/24
California State University, Long Beach (CSULB) has broken ground on La Playa Residence Hall, a 108k sf student housing project designed by global architecture and design firm Perkins&Will. The project is a part of the State ...
|
• West Los Angeles Office/Retail Campus Lands $65 Mil Refi
4/03/24
A Lincoln Property Company affiliate has obtained a $65 mil refi for Wateridge, a six-building, 583.6k sf office and retail campus in West Los Angeles. The Lincoln entity, LPC Realty Advisors I LLC, purchased the asset in 201...
|
• EQT Exeter Closes $197 Mil Inland Empire Industrial Buy
4/03/24
EQT Exeter has acquired Commerce Way Distribution Center, an 819k sf industrial property in the Inland Empire city of Fontana, for $197 mil ($240/sf). The property was sold by Manulife Investment Management on behalf of clien...
|
• Rexford Industrial Acquires Blackstone Industrial Assets in Combined $1 Billion Investment
4/02/24
Rexford Industrial Realty acquired approximately 3 msf of industrial properties from Blackstone Real Estate entities in deals totaling $1 bil. The combined purchase consists of 48 properties and works out to an average price ...
|
• Greystar Real Estate Partners and The Resmark Companies Secure $95 Mil in Construction Money for Santa Clarita Res Project
3/29/24
A joint venture between Greystar Real Estate Partners and The Resmark Companies is one step closer to breaking ground on a 259-unit res development in Santa Clarita after obtaining a senior construction loan of $95 mil from K...
|
• Inland Real Estate Acquisitions Affiliate Buys 484-Bed Student Housing Community in Tucson, AZ
3/28/24
An affiliate of IL-based Inland Real Estate Acquisitions purchased The Parker, a 484-bed pedestrian student housing community located across the street from the University of Arizona in Tucson, AZ. The property was sold by Ho...
|
• Work Completed on New Springhill Suites by Marriott Hotel in Chula Vista
3/27/24
Construction has been completed on a 179-room Springhill Suites by Marriott in eastern Chula Vista, CA. The new 127.6k sf, all-suite hotel is located at 870 District Pl, in the city’s Eastlake area. The project was built for ...
|
• Commonwealth Development Corporation and WNC & Associates to Build Affordable Housing Community in Oregon
3/27/24
Commonwealth Development Corporation and WNC & Associates have teamed up to build Pacific Flats, an all-new affordable housing community in Phoenix, OR. The property will include five three-story residential buildings compris...
|
• R&V Management and Trammell Crow Residential Secure $200 Mil for Construction of a 600-Unit Res Project in Downtown Long Beach
3/26/24
A major residential development in downtown Long Beach is closer to getting underway, as R&V Management and Trammell Crow Residential (TCR) have obtained $200 mil in financing for Alexan West End, a 600-unit multifamily commu...
|
• King Street Properties Underway with 60k sf Spec Life Sciences Project in Sorrento Mesa
3/26/24
King Street Properties has unveiled plans for a new 60k sf, spec lab and life sciences redevelopment, Mesa Labworks, in San Diego’s Sorrento Mesa submarket. King Street is converting the existing single-story building located...
|
• Commercial Real Estate Financing Briefs
3/25/24
CBRE -- CBRE's Bob Ybarra, Shaun Moothart, Bruce Francis, Doug Birrell, Nick Santangelo and Jim Korinek arranged a $43 mil refi loan on El Paseo Shopping Center, a 300k sf retail center in South Gate. The five-year, full-term...
|
Return to the Home Page area
