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June 18, 2024
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• Chapman University and UC Irvine Graduate Real Estate Teams to Face Off in First Ever NAIOP SoCal OC Real Estate Challenge
For the first time ever, NAIOP SoCal will hold an OC Real Estate Challenge between graduate student teams from the Chapman University Argyros School of Business & Economics and the University of California, Irvine Paul Merage...
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• SoCal Office Markets Seeing Flight to Low-Mid-Rise Buildings
This report provided by NAI Capital Commercial As tenants renewing leases question what type of space and how much they’ll truly need, a flight to low-mid-rise office building space is playing out in Southern California mark...
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• UCLA Anderson Ranked 7th Top Real Estate Program by U.S. News
UCLA Anderson School of Management has been named the 7th best real estate MBA program by U.S. News & World Report (U.S. News). The publication’s 2023 Best Business Schools survey is the leading business school survey in the ...
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• SoCal Industrial Vacancies Drop to New Low
This report provided by real estate services firm NAI Capital Companies signing new leases have been hit the hardest by the shortage of industrial space. In the first quarter of 2022, the regional average asking rent in Sout...
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• Southern California Sees Significant Growth in Data Center Leasing Activity in 2021
This report provided by CBRE Driven by cloud service providers and enterprise firms, data center leasing activity in Southern California picked up significantly in 2021, according to a new report from CBRE. Southern Califor...
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• NewMark Merrill’s Sandy Sigal Honored by California Business Properties Association
Sandy Sigal, President and CEO of NewMark Merrill Companies, was honored by California Business Properties Association (CBPA) with the Ernest W. Hahn Award during its Awards Dinner on March 24. NewMark Merrill is a Woodland ...
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• Kairos Investment Management Company Introduces Program to Help Residents at Its Affordable Housing Communities Improve their Credit Scores
Kairos Investment Management Company (KIMC) has launched a new program for its affordable housing communities to help residents improve their credit profiles. The program is led by Esusu, the pioneering fintech company that r...
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• San Jacinto Community College District Breaks Ground on STEM Science & Technology facility
Mt. San Jacinto Community College District (MSJC) has broken ground on a new STEM Science & Technology facility at its San Jacinto Campus. The $37 mil project is being built by C.W. Driver Companies in partnership with LPA Ar...
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• Interstate Equities Corporation Closes Its Fifth Institutional Fund with $445 Mil in Equity Commitments
Interstate Equities Corporation (IEC) has closed its fifth institutional fund, “IEC Institutional Fund V,” with $445 mil in equity commitments. The fund, which will invest in acquiring, renovating, and repositioning value-ad...
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• Six Peak Capital Lands $53.7 Mil in Financing on L.A. Multifamily Portfolio
George Smith Partners has arranged $53.7 mil in non-recourse bridge financing for a six-property portfolio comprising three conventional multifamily properties and three co-living properties in Los Angeles. The financing was ...
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• OC Industrial Market Hits Record Low Vacancy Rate
Orange County’s industrial market experienced its lowest vacancy rate on record, as the ports of Los Angeles and Long Beach started operating around the clock to help alleviate bottlenecks and get goods out to warehouses. The...
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• Majestic Realty’s Ed Roski to be Inducted into NAIOP SoCal’s Hall of Fame
Emmy-Award Winning Actress Laura Wright will host the first-ever NAIOP SoCal Awards Gala on May 12. NAIOP SoCal, a leading organization for the commercial real estate industry in Southern California, will celebrate the best o...
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• Los Angeles Multifamily Market Sees Lowest Vacancy Rate in Two Decades
This report provided by Marcus & Millichap Robust leasing velocity widespread for a second consecutive year. Los Angeles County rentersabsorbed more than 30,000 units last year, slashing apartment vacancy to a 20-year low. C...
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• Cross-Border Investment in U.S. Industrial Assets Reaches Record Levels
This update provided by JLL’s Capital Markets Group With more than $143 bil in transactions, investor demand in industrial assets in the U.S. soared to new heights in 2021, up 32% over 2019’s previous high-water mark. Cross-...
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• U.S. Life Sciences Real Estate Investment Market Expected to See Continued Growth in 2022
This report provided by CBRE Investment in U.S. life sciences real estate increased by 62% last year, with further growth of at least 10% expected in 2022, according to a CBRE research report. Investment in life sciences r...
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• JLL Acquires Gilliland Construction Management
JLL has completed the acquisition of Gilliland Construction Management, a leader in project and construction management services for life sciences, lab, retail, hospitality, industrial, multifamily and office properties. Fo...
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• Optimistic Outlook Predicted Across All Commercial Real Estate Sectors
The Winter 2022 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey shows that the current recovery from the recent pandemic-related economic recession has had a positive effect on all California com...
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• Rejuvenated Flex-Office Sector Positioned to Facilitate Long-Term Changes in Office Use
This report was provided to us by real estate services firm CBRE The North American flex-office sector has evolved through the pandemic into a more sophisticated version of itself, gradually shifting to rely more on large co...
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• SoCal Multifamily Market Seeing Record Numbers
This report provided by real estate services firm NAI Capital Multifamily rents in Southern California have reached new highs while the number of vacant units has dipped to record lows. As the sun sets on the eviction morato...
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• National Industrial Vacancy Rate Drops to Just 4.3%
This report was provided by real estate services firm Transwestern The national industrial market continues to shatter records across key metrics, according to Transwestern’s fourth quarter U.S. Industrial Market report. Vac...
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