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Watch an Expert Panel Discuss the Greater L.A. Multifamily Market at RENTV's State of the Market Conference, Held Aug 17th 9/22/23 The panel consisted of: Alex Valente, Principal, Trammell Crow Company; Jerry Fink, Managing Partner, The Bascom Group; Daniel Withers, Senior Vice President, Matthews Real Estate Investment Services™; Henry Manoucheri, CEO, ...
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San Diego Sees Coworking Growth 9/22/23 San Diego has seen a recent resurgence of coworking operators, especially in suburban regions. Here is a quick update on the sector, put together by real estate services firm JLL.
• Prior to the pandemic, the flexible/cowork...
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Orange County Industrial Market Stabilizing 9/21/23 This report provided by real estate services firm Kidder Mathews
MARKET HIGHLIGHTS
• Direct vacancy rate, which is currently at 2.0%, is still reasonably low.
• Market rental average increased by 18% from year-to-year, rea...
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Mary Ricks to Retire as President of Kennedy Wilson after 33 Years with the Company 9/14/23 Mary Ricks has decided to retire as President of Kennedy Wilson and as Director on the company’s Board, after 33 years with company. Mary will serve as a consultant to Kennedy Wilson to aid in the transition.
Concurrently, f...
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Finance Sector Leaders from Axos Bank, Mizrahi Tefahot Bank, PSRS, Provident Bank and Fidelity Mortgage Lenders Share their Insight on the Finance Market for the Greater Los Angeles Area 9/13/23 Watch this high-powered panel of finance pros discuss the Los Angeles area finance market at RENTV's Greater Los Angeles State of the Market Conference, held on August 17 in Culver City.
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City of Hope Recognizes CBRE’s Val Achtemeier, Darla Longo and Barbara Perrier for Decades of Professional and Charitable Accomplishments 9/05/23 CBRE’s Val Achtemeier, Darla Longo, and Barbara Perrier have made history as the first all-female recipients of the Spirit of Life® Award from City of Hope’s Los Angeles Real Estate and Construction Council, otherwise known a...
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CRE Industry Turns Out for Building Block Foundation Fund Charity Event at Newport Dunes 8/31/23 Hundreds of commercial real estate professionals celebrated on the beach and under the stars at the Building Block Foundation Fund White Party, held August 23, at Newport Dunes in Newport Beach.
The White Party event is an a...
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San Diego’s Medical Office Market Remains Resilient 8/28/23 This San Diego Mid-Year 2023 Medical Office Market Report provided by Cushman & Wakefield
ECONOMIC OVERVIEW
Between May 2022 and May 2023, San Diego saw an increase in non-farm employment by 42,500 jobs, representing a gr...
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Commercial Real Estate Financing Briefs 8/24/23 JLL CAPITAL MARKETS -- Olga Walsh and Jack Wood with JLL Capital Markets arranged a $28 mil construction take-out loan for Casa Verde, a 94-unit, modern, urban infill apartment community located in the North Park neighborhood...
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Three CRE Industry Bouts Announced for NAIOP SoCal’s Night at the Fights 8/23/23 For the first time in NAIOP SoCal Night at the Fight’s history, six professionals from the commercial real estate industry will take their place in the ring during three industry bouts. One of the most anticipated commercial ...
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See the Speakers from RENTV's Greater L.A. State of the Market Conference 8/22/23 Below are photos of the speakers from RENTV's Greater Los Angeles State of the Market Conference, held August 17 in Culver City.
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Commercial Real Estate Financing Briefs 8/21/23 JLL CAPITAL MARKETS -- Chris Collins and Brad Vansant with JLL Capital Market arranged $16.7 mil in construction take-out financing for The Hobart, a 39-unit, Class A mid-rise multi-housing community located at 3050 W. 11th ...
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High Barriers to Homeownership is Boosting Demand for High-End Apartments 8/21/23 This report provided by Institutional Property Advisors (IPA)
Institutional Property Advisors (IPA), a division of Marcus & Millichap, has released its Class A Multifamily Outlook Midyear 2023 special report. The firm shared...
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Watch the Latest Episode of CRE Talk with Guest Barry DiRaimondo of SteelWave 8/18/23 Hosts Steve and Arnie interview Barry DiRaimondo, Co-Founder and CEO of SteelWave, the real estate firm with major investments in creative office, creative industrial and life science properties around the Western US. In this...
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San Diego’s Manufacturing Sector Continues to Expand 8/18/23 This update provided by real estate services firm JLL
• Manufacturing demand has seen a recent resurgence in the greater San Diego market. A few notable subsectors that are fueling total manufacturing growth are defense, te...
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Ventura County's Industrial Market Faces Space Shortage in Q2 2023 8/07/23 This report provided by real estate services firm NAI Capital Commercial
MARKET OVERVIEW
In Q2 2023, the industrial market in Ventura County experienced a notable decrease in vacant space by 9.1% compared to Q1 2023. The hi...
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BKM Capital Partners and StepStone Real Estate Form Venture to Invest in Light-Industrial and Logistics Properties 8/04/23 BKM Capital Partners (BKM) and StepStone Real Estate (SRE) have formed an investment partnership focused on acquiring light-industrial and multi-use logistics properties in the Western United States. SRE is the real estate ar...
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Vacancy Rate for San Diego’s Life Sciences Space Up as Companies Consolidate Their Real Estate 8/03/23 This report provided by Cushman & Wakefield
ECONOMIC OVERVIEW
Between May 2022 and May 2023, San Diego saw an increase in nonfarm employment by 42,500 jobs, representing a growth rate of 2.8% year-over-year (YOY). The priv...
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Trio of New Leases Bring Inland Empire Center to 100% Leased 7/28/23 There have been three new leases totaling 24.2k sf at Canyon Springs Marketplace in Riverside, bringing the 183k sf regional center to 100% leased.
Located at Day St and Canyon Springs Pkwy, the property is adjacent to the...
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L.A. County's Retail Market Struggles to Rebound in Q2 2023 7/24/23 This report was provided by commercial real estate services firm NAI Capital Commercial
MARKET OVERVIEW
In Q2, the changing economy caused a slowdown in L.A. County's retail market. Landlords with non-prime retail space exp...
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