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Alicia Bramble, James Daughrity and Odest Riley Jr. Launch CRE Firm Focusing on Local Communities in Need 8/07/24 SoCal Premier Property Management, a newly formed, 100% minority-owned commercial real estate firm, offers full services and protection to property owners and tenants across Southern California. The new firm was founded by an...
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Opportunities Emerge in L.A. County Retail Market Despite Slow Recovery 7/29/24 This report provided by real estate services firm NAI Capital Commercial
MARKET OVERVIEW
L.A. County's retail market recovery, four years post-pandemic, continues at a slow pace. In Q2 2024, the retail sector saw another u...
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1,000-Unit Res Portfolio Lands $128 Mil Refinancing 7/23/24 San Diego-based Tower 16 Capital Partners has secured a $128 mil refinancing of a four-property multifamily portfolio comprising nearly 1,000 units across California and Arizona. The new fixed-rate agency loans feature five-y...
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Dean Zander Joins Newmark as Vice Chairman 7/05/24 Dean Zander has joined Newmark as Vice Chairman, based in the Century City office in West Los Angeles. Zander brings over three decades of experience in the multifamily sector throughout Southern California, closing transacti...
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L.A. County Commercial Real Estate Faces Summer Slowdown Amid Rising Vacancies and Mixed Rent Trends 7/05/24 This report provided by real estate services firm NAI Capital Commercial
Los Angeles County's commercial real estate markets slowed in the first half of 2024, heading into the slow days of summer, with vacancy rates rising, ...
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AO Wins Multiple Awards at PCBC Gold Nuggets Ceremony 6/21/24 Architecture firm AO was a multiple-award winner at the recent PCBC Gold Nugget Awards ceremony, held at The Westin Resort in Anaheim.
The Gold Nugget Awards, which debuted in 1963, is the oldest and most prestigious desig...
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Commercial Real Estate Financing Briefs 6/20/24 MARCUS & MILLICHAP CAPITAL CORPORATION -- Michael Derk and Paul Bitonti with Marcus & Millichap Capital Corporation arranged a $12.5 mil refi loan on a medical office building located in La Paz Plaza in Mission Viejo. La Paz ...
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Check Out the Line-Up of CRE Pros Speaking at RENTV's Greater Los Angeles State of the Market Conference on June 27 6/17/24 Click HERE to sign up or to learn more.
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Los Angeles’ Multifamily Investment Market Picking Up as Investors Look to Move Capital Away from Office and Single-Family Products 6/12/24 This market sound bite provided by real estate services firm Avison Young
The Los Angeles multifamily investment market is picking up as major investors look to move capital away from office and single-family products, acco...
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Building Block Foundation Fund to Hold Annual White Party Charity Fundraiser on August 21, 2024 at Newport Dunes in Newport Beach 6/07/24 One of the best commercial real estate events in Southern California, the Building Block Foundation Fund White Party Charity Fundraiser, will be held on August 21, 2024 at the beautiful Newport Dunes in Newport Beach.
Each y...
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Orange County Community Housing Corporation Receives $1 Mil Grant from Citi Foundation 5/24/24 Orange County Community Housing Corporation (OCCHC/SteppingUP) has received a $1 mil grant from Citi Foundation as part of the fourth cohort of the Community Progress Makers initiative. OCCHC/SteppingUP will use the grant to ...
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June 27 is RENTV's Greater Los Angeles State of the Market Conference 5/22/24 Hear high-powered panels of top local executives and dealmakers discussing the Office, Retail, Industrial, Multifamily and Finance markets throughout the region.
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Chicago Title Introduces New National Self-Storage Group 5/14/24 Chicago Title National Commercial Services California has launched the Chicago Title National Self-Storage Group. The new entity will be led by seasoned self-storage finance veteran, Chuck Mills as Vice President, National Sa...
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Opportunities Arise Amidst Challenges in L.A. County’s Retail Market 5/10/24 This report was provided by real estate services firm NAI Capital Commercial
MARKET OVERVIEW
In Q1 2024, L.A. County's retail market continued its slow path to recovery four years post-pandemic. Vacancy increased at the ye...
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WNC & Associates Closes $300 Mil Equity Fund 5/10/24 WNC & Associates has closed WNC Institutional Tax Credit Fund 56, L.P. (Fund 56) which includes 24 multi-family properties across 16 states. Fund 56, a $302 mil equity fund that closed in April 2024, is WNC’s largest multi-in...
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Agriculture Land Values in the Imperial Valley Continue to Demonstrate Consistent Growth 4/26/24 This brief was provided by real estate services firm Cushman & Wakefield
Agriculture land values in the Imperial Valley have seen steady, long-term growth, which has attracted institutional investment, positioning the Valley...
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University of California, Irvine Graduate Student Team Wins NAIOP SoCal Orange County Real Estate Challenge 4/25/24 The graduate student team from the University of California (UCI), Irvine Paul Merage School of Business Center for Real Estate was named the winner at the third annual NAIOP SoCal Orange County Real Estate Challenge.
The a...
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LA County Office Market Grapples with Record Vacancies 4/12/24 This report provided by real estate services firm NAI Capital Commercial
MARKET OVERVIEW
Despite the continuous rise in vacant space and ongoing construction projects, weak demand is hindering the LA County office market's...
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Ventura County Industrial Rates Remain Steady as Vacancies Increase Slightly 4/09/24 Market Highlights
• Direct vacancies rose to 3.4%.
• Direct asking lease rates remained steady YOY at $1.25/sf nnn.
• Industrial properties under 50k sf accounted for over 66% of 1Q24 leasing activity.
Market Drivers
• Ven...
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Andrew Jennison and Daniel Pickart Join Newmark 4/08/24 Andrew Jennison and Daniel Pickart have joined Newmark as Vice Chairman and Senior Managing Director, respectively. Based in the Century City office, the team will contribute to the growth of Newmark's Private Capital Market ...
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