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Annual CREF Conference in Las Vegas is a Major Draw for CRE Pros 9/15/22 By Steve Bloom
Against the murky backdrop of rising interest rates and perhaps a recession, about 850 commercial mortgage bankers and brokers descended upon Aria Resort & Casino in Las Vegas Sept 7 through 9th for the 25th...
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Chicago Title Launches New Nationwide Hospitality Group 9/13/22 Chicago Title National Commercial Services California has launched a new nationwide Chicago Title Hospitality Group led by hotel industry veteran Steven L. Senft as Vice President, National Sales. Senft will be based in Chica...
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Hudson Pacific Properties Announces Pricing of Public Offering of $350 Mil Aggregate Principal Amount 9/12/22 Hudson Pacific Properties Inc’s operating partnership, Hudson Pacific Properties L.P. (the “Operating Partnership”), has priced an underwritten public offering of $350 mil aggregate principal amount of 5.950% senior notes due...
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San Bernardino County State of the County and Regional Business Summit to be Held Wednesday, Oct. 5, 2022 9/09/22 San Bernardino County’s 2022 State of the County and Regional Business Summit will take place on Wednesday, Oct. 5, 2022. Each year the event attracts 1,000 business, government, and community leaders to hear more on what is ...
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L.A. County Rental Housing Market Exits the Pandemic with Strong Demand 9/07/22 This report was provided by real estate services firm NAI Capital
Market Overview
The vacancy rate for multifamily housing in Los Angeles County fell to 3.3% in the second quarter of 2022, down 10 basis points quarter over ...
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Mark Your Calendars – October 19 is RENTV’s 2022 Greater Los Angeles State of the Market Conference 9/06/22 Join us at our annual conference for an opportunity to hear from and network with industry experts who will discuss the changing office, industrial, retail, multifamily and financial markets for the Los Angeles region
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E-Commerce's Strength Drives Last Mile/Micro Warehousing Investment 9/06/22 Report provided by Kidder Mathews
Prior to the pandemic, the typical U.S. supply chain involved product distribution from ports to break-bulk facilities where large quantities were broken down into smaller parcels for trans...
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Northmarq to Acquire Stan Johnson Company 9/01/22 Northmarq has entered into a definitive agreement to purchase Stan Johnson Company, a real estate brokerage and advisory firm that focuses on investment sales across multiple asset classes. The acquisition will also include a...
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Data Center Real Estate Activity Continues to Grow 9/01/22 This summary of a just-released report from real estate services firm JLL was provided by Amber Schiada, Head of Americas Data Center Research at JLL
Emerging from the pandemic, it’s clear the world of work is adapting to th...
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Downtown LA Hospitality Market Surges in Q2 2022 With Occupancy Increasing 60% Over Q2 in 2021 8/30/22 The Downtown Los Angeles (DTLA) Hospitality Market continued its year-and-a-half-long surge during the year’s second quarter, according to the Los Angeles Downtown Center BID’s (DCBID) just released Q2 2022 DTLA Market Report...
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Building Block Foundation Fund Brings White Party Back! 8/26/22 Building Block Foundation Fund will hold its popular White Party industry celebration on September 15 at the Noguchi sculpture garden in Costa Mesa. Event proceeds from sponsorship and ticket sales raise funds for vital local...
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OC Office Market Occupancy Rate Saw an Uptick in the 2nd Qtr 2022 8/22/22 This update provided by real estate services firm NAI Capital
Orange County’s office market gained occupancy as companies persisted in bringing their people back into the office post pandemic. The vacancy rate inched downwar...
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Avison Young to Acquire CRE Industry Service Lines from Madison Marquette 8/19/22 Avison Young has signed an agreement to acquire Madison Marquette’s office and industrial property management, agency leasing and project management service lines. The trio of services will operate under the Avison Young bran...
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Talent and Real Estate Cost are Foremost Concerns for Tech Companies 8/10/22 This report provided by real estate services firm Cushman & Wakefield
On a global scale, tech is a larger portion of major economies — and commercial real estate — than ever before. Over the past decade, global technology em...
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Despite Economic Uncertainties, Tempered Optimism Prevails for California Commercial Real Estate 8/09/22 The Summer 2022 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey shows that there is much more optimism about the next three years than the barrage of negative news about the economy might suggest...
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Industrial Demand in San Diego Remains Strong 7/22/22 This report provided by real estate services firm JLL
Overview
• The San Diego industrial market is showing resilience in the face of macro-economic uncertainty.
• Large block leasing was active in Q2, with year-to-date lea...
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Novo Capital Partners Team Joins CBRE 7/19/22 Gianni Novo and the Novo Capital Partners team have joined CBRE Capital Markets’ Debt & Structured Finance team in Los Angeles. The team is based in CBRE’s West L.A. office.
The team specializes in commercial real estate lo...
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L.A. Area Office Market Recovery Hits Bump in 2nd Qtr 2022 7/19/22 This report provided by real estate services firm JLL
Overview
• Leasing was more muted, reflecting concerns over the economy and more limited progress in getting employees back into the office.
• Additional space-give back...
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Draftsmen & Craftsmen 7/12/22 C.W. Driver Companies has completed the remodel and improvement to the Whittier Central Library. The 39.3k sf, $14.6 mil project included a 35k sf modernization to the existing building and a 4.3k sf minor expansion. CWA AIA ...
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San Diego Office Market Holding Steady Heading into Second Half of the Year 7/11/22 This report was provided by real estate services firm Kidder Mathews
San Diego Office Market Update – 2nd Quarter 2022
MARKET DRIVERS
• Recent leasing activity highlights the trend of companies being attracted more to the ...
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