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Trophy Life Sciences Campus in San Diego’s Torrey Pines Area Traded in $159 Mil Transaction 4/02/25 MUSE, a three-building, 186k sf trophy life sciences campus in San Diego, traded hands in a recent $159 mil ($855/sf) transaction. Breakthrough Properties purchased the asset from Diversified Healthcare Trust, which is manage...
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Work Finished on First Phase of 292-Unit Res Community in Duarte 4/02/25 The first phase of Solana at Duarte Station, a $97 mil, three-phase luxury apartment community located on a 3.43-acre site in Duarte, has been completed. The multifamily development was built by R.D. Olson Construction on beh...
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Hudson Pacific Completes $475 Million CMBS Financing 4/01/25 Hudson Pacific Properties has secured commercial mortgage-backed securities (“CMBS”) financing for a portfolio of six office properties with total gross proceeds of $475 mil. The portfolio, which comprises assets located thro...
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Three-Property, 430-Unit Seniors Housing Portfolio in AZ and CA Lands $240 Mil in Tax-Exempt and Taxable Bond Financing 4/01/25 The Integrated Senior Foundation has obtained $239.7 mil in tax-exempt and taxable bond financing for the Ativo Portfolio, a three-property, 430-unit seniors housing portfolio in Arizona and California.
The portfolio, which...
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Pre-Leasing Starts at 336-Unit TX Res Project 3/31/25 Leasing has begun at Rylan at Gateway, a new 336-residence apartment community in Forney, TX slated for completion this summer. The project, a development of Legacy Partners and The Resmark Companies, is located at 1205 Gatew...
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Work Gets Underway on 96-Unit Affordable Housing Project in Los Angeles’ Rose Hill Neighborhood 3/31/25 Work has begun on phase II of Rose Hill Courts, a 96-unit affordable housing project in Los Angeles. The development, located at 3521 North McKenzie Ave, east of the 110 Fwy and north of Huntington Dr in the city’s Rose Hill ...
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Barker Pacific Group and Kingsbarn Realty Capital Pick Up 233k sf OC Office Asset in $32 Mil Transaction 3/28/25 Barker Pacific Group and Kingsbarn Realty Capital acquired Mission Ridge, a two-building, 233.5k sf ($137/sf) office property in Mission Viejo, in a $32 mil transaction. The multi-tenant, four-story asset is located at 27101...
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Community Preservation Partners Acquires 49-Unit Affordable Housing Community in Baldwin Park 3/28/25 Community Preservation Partners (CPP) has acquired a 49-unit affordable housing complex in Baldwin Park with plans to make significant renovations and maintain the property as an affordable housing community. The property, Ra...
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Colorado Industrial Development to Move Forward with $20 Mil Joint Venture Equity Investment 3/27/25 United Properties has secured a $20.06 mil joint venture equity investment for Phase I of INOVA, a new, Class A 442.5k sf multi-tenant industrial project being constructed in Centennial (Denver), CO. INOVA consists of five p...
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Kensington Development Partners and IM Properties Acquire 30-Acre Parcel for AZ Retail Project 3/26/25 Kensington Development Partners and IM Properties have acquired a prime 30-acre infill land parcel in Gilbert, AZ, for a new upscale development called Signature at SanTan Village. The high-end retail center will sit within t...
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FPA Multifamily Pays $41 Mil for Res Community in Moreno Valley 3/26/25 FPA Multifamily has acquired Elevate at Towngate, a 227-unit, seven-building apartment community in Moreno Valley, in a $41 mil ($180.6k/unit) transaction. The asset was sold by Brixton Capital, which purchased the property f...
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Kennedy Wilson Closes 200k sf Industrial Buy in Washington 3/25/25 In a notable industrial buy out of the Pacific Northwest, Kennedy Wilson acquired Auburn Park 44, a 204.5k sf, multi-tenant industrial/distribution building on over nine acres in Auburn, WA, a suburb just south of Seattle. Lo...
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Lion Real Estate Group Buys 241-Unit Multifamily Community in Houston 3/25/25 Dallas-based Lion Real Estate Group LLC has acquired Villages of Briar Forest, a 241-unit apartment community in Houston, TX. The purchase marks the firm’s second acquisition in the Houston market and eighth acquisition in it...
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Shopoff Realty Investments Lands $49 Mil in Financing for Buena Park Redevelopment Project 3/24/25 A Shopoff Realty Investments-led joint venture has obtained $49 mil financing for Amway South Campus Sale-Leaseback, a 13.75-acre property located in Buena Park. The two-year, fixed-rate stretched senior loan replaces previou...
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Commercial Real Estate Financing Briefs 3/21/25 MARCUS & MILLICHAP CAPITAL CORPORATION – Dan Litman with Marcus & Millichap Capital Corporation arranged a $16.85 mil refi on Le Noble Apartment Homes, a luxury 46-unit multifamily property located at 5768 West 3rd St in Los ...
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SB Real Estate Partners Closes $42 Mil Multifamily Buy in Las Vegas 3/21/25 SB Real Estate Partners (“SBREP”) has acquired Brownstone Apartments, a 143-unit luxury apartment community located in the Centennial Hills submarket of Las Vegas, for $42 mil ($293.7k/unit) in an off-market transaction. Deli...
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SDS Capital Group Launches SDS Impact Debt Platform 3/20/25 Los Angeles-based impact fund manager SDS Capital Group has launched SDS Impact Debt (‘SDSID’). This new capital platform provides below-market permanent and construction financing for the preservation and development of affo...
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Trio Manufacturing Leases 123k sf Industrial Facility in Carson 3/19/25 Trio Manufacturing Inc agreed to a 126-month lease for a 123.2k sf industrial facility in Carson, in a deal worth roughly $20 mil ($1.29/sf/mo). The property, at 17006 S. Figueroa St, just east of I-110 and north of the 91 Fw...
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Sharp HealthCare Pays $444/sf for San Diego Office Building Leased to the County 3/19/25 A 27.8k sf office building in San Diego was purchased by Sharp HealthCare in a $12.35 mil ($444/sf) transaction. Originally built in 1985, the property is currently 100% leased to the County of San Diego, which has been onsit...
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Kenco Leases 642k sf Industrial Facility in Buckeye, AZ 3/18/25 Kenco, a third-party logistics company, has leased a recently, constructed 641.9k sf, Class A industrial / logistics building on 40 acres in Buckeye, AZ. The facility is owned by EQT Exeter. Terms of the full-building deal we...
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