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Rowan Sbaiti Joins BH Properties 4/15/20 Rowan Sbaiti has joined BH Properties as Senior Managing Director of Acquisitions, as the firm expands its significant real estate investment platform to include real estate bankruptcy and financial instrument acquisitions.
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Inland Empire Industrial Market Maintains Strong First Quarter 4/15/20 This quarterly update was provided to us by real estate services firm Kidder Mathews
The Inland Empire industrial market did not show any slowing as market fundamentals held steady in the first quarter, despite effects of Co...
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SoCal Office Execs Surveyed as to Expectations Over the Next Three Months 4/14/20 This industry update was provided by real estate services firm NAI Capital.
The pandemic has financially impacted tenants, but the full effect on the industry has yet to be seen. Coworking offices are looking like ghost town...
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Property Owners and Businesses Suffering Financial Losses Should Consider Property Tax Appeals 4/06/20 In these current, crazy times, many property owners are facing a rapidly changing economic situation with the potential for significant negative financial impact to their businesses. In an effort to provide some assistance, w...
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How to Respond to Rent and Loan Payment Obligations in Light of COVID-19 4/02/20 By:
Caroline W. Dreyfus
Partner
Corin M. Korenaga
Partner
Alicia N. Vaz
Partner
Cox, Castle & Nicholson LLP
As the beginning of April inches closer and the uncertainty of how long shelter at home orders will remain in ef...
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Seen on the Street 3/31/20 This mural "America Needs Brains" was created and painted by Tristan Eaton and Saturno in 2017. It is on the side of the Graphaids' building at the corner of La Cienega Blvd and Blackwelder in eastern Culver City. Photo taken...
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Kennedy Wilson Renews $500 Mil Revolving Credit Facility 3/30/20 Kennedy Wilson’s wholly owned subsidiary Kennedy-Wilson Inc has extended its existing $500 mil unsecured corporate revolving credit facility with a global group of nine banks. The credit facility has a maturity date of March ...
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U.S. Economy Expected to Contract More than 5% Just Over the Next Two Quarters 3/27/20 This special commentary was written and provided by Wells Fargo Commercial Banking’s Economics Group
By:
Jay H. Bryson
Acting Chief Economist
Wells Fargo Bank
Executive Summary
The rapidly evolving COVID-19 outbreak and...
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California’s COVID-19 “Stay at Home Order” to Test Force Majeure Provisions in Many CRE Contracts 3/25/20 This column was written by the law firm of Jackson Tidus, out of Irvine.
As most of you are already aware, on Thursday, March 19, 2020, Governor Gavin Newsom issued Executive Order N-33-20, a "Stay at Home Order" intended to...
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Strong Demand Has MJW Investments Boosting New Fund to $500 Mil 3/25/20 MJW Investments is creating a $500 mil investment fund focused on value-add multifamily and student housing, co-GP/JV opportunities and distressed debt/note sales.
According to the company, the size of the fund has been inc...
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RENTV and CA CRE Pros Reeling From the Passing of Jim Wiegandt at Banc of California 3/24/20 By Steve Bloom
While dealing with the complete upheaval in the world, many in the California commercial real estate community were dealt another severe blow last week with the loss of Jim Wiegandt, EVP and Head of Real Estat...
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The Coronavirus—the Prognosis for U.S. Real Estate and Real Estate Finance Given Current Market Conditions 3/10/20 While there is only speculation about the Coronavirus’ long-term impact on the U.S. real estate and the real estate capital markets, we can anticipate the short-term consequences, starting with construction projects, accordin...
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Westcore Properties Raises $150 Mil Equity Facility 3/04/20 San Diego-based Westcore Properties has raised $150 mil in equity money through an institutional investor. Westcore, an industrial real estate firm, will use the facility along with third party debt to increase their buying c...
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Tech Industry Plays Major Role in San Diego’s Office Market 3/03/20 The San Diego office of Cushman & Wakefield has just published a new report entitled Tech Industry’s Impact on San Diego’s Office Market, as of February 2020. This local report provides considerable analysis into many aspects...
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Bridge Development Partners Completed Over $450 Mil in Acquisitions During 2019 2/25/20 Bridge Development Partners LLC has delivered nearly 1 msf of Class A industrial product and acquired more than 4.5 msf of future development across California in 2019. Across California in 2019, Bridge completed eight acquis...
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Los Angeles Retail Market Sees Nearly $5 Mil in Transactions for 2019 2/25/20 This report was provided by real estate services firm Cushman & Wakefield
ECONOMY: LA Retail Sales Reach Record-Heights In 2019
The Los Angeles economy continued to expand through the fourth quarter of 2019 with healthy em...
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Gold Leaf Farming Buys 36 Acres of Farmland in Southeast California 2/14/20 Gold Leaf Farming has acquired 36 acres of farmland in Bard Valley, in the very southeast corner of California. Consisting of two separate tracts, the property is developed with mature medjool date gardens.
The seller was a...
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Capital Markets: Los Angeles County Boasts Highest Sales Volume in U.S. in 2019 2/13/20 This report was provided by real estate services firm CBRE
Los Angeles continues to be a hotbed of investment activity as investors flock to the region’s robust supply of institutional assets and stable pricing. For the four...
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Orange County CRE Experts Speak to RENTV Audience at Annual Event 2/10/20 Here are the industry pros who made up the office, industrial, retail and multifamily panels at our annual State of the Market Conference for the region on January 29.
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Providence St. Joseph Health Collects $59 Mil from Sale of 10 Properties 2/10/20 The first phase of a 344k sf, 10-property portfolio for Providence St. Joseph Health (PSJH) was purchased for $59 mil by a diverse group of investors ranging from private equity funds to physicians and multi-family developers...
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