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Pathfinder Partners Closes Its Opportunity Fund V 1/18/16 San Diego-based Pathfinder Partners LLC has closed Pathfinder Partners Opportunity Fund V L.P., the firm’s fifth fund focused on acquiring real estate assets in mid-tier cities throughout the western United States. The firm r...
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Ten-X the New Game When It Comes to a Winning Online Real Estate Marketplace 1/12/16 Auction.com has rebranded as Ten-X, marking the company’s transition into an online marketplace where buyers, sellers, and the agents and brokers who represent them can easily and efficiently buy and sell high quality residen...
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OC Office Market Sees Over 850k sf of Positive Absorption in 2015 1/07/16 The Orange County office market continued to improve in 2015, posting over 850k sf of positive net absorption for the year. The fourth quarter of 2015 marked the eleventh consecutive quarter of rising lease rates. The avera...
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Global Investor Outlook Reveals Moderating Risk Appetite but Buoyant Demand 1/05/16 Investor sentiment toward real estate is projected to remain positive globally in the coming year, according to Colliers International Group Inc’s just released its Global Investor Outlook for 2016. Primary target markets wil...
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Rising Rents and Industry Expansion Push Technology Firms To Key Growth Markets 12/29/15 Over the past year, 73 percent of the technology sector’s office leases represented occupancy growth, rather than initial leases, according to JLL’s just-released United States Technology Outlook report. With Northern Califor...
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Bank of the West Leases 5k sf in Pasadena 12/28/15 Bank of the West inked a 10-year lease for 5k sf of ground floor space at 595 East Colorado in downtown Pasadena. The space is currently under construction and is expected to be open in the first quarter of 2016.
The bank’s ...
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Draftsmen & Craftsmen 12/22/15 Renovation and modernization work of the East Tower Nursing Unit at Sharp Grossmont Hospital in La Mesa has been completed. The $26 mil project by general contractor C.W. Driver delivers facility upgrades local taxpayers appr...
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CA Home Sales Dropped in November to Lowest Level Since February 2015 12/18/15 California existing home sales fell in November from both the previous month and year for the first time in nearly a year as low housing affordability extended into Southern California, according to the California Association...
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London Remains World’s Most Expensive Office Market for 2nd Straight Year 12/17/15 London’s West End was the world’s highest-priced office market for the second straight year and Hong Kong Central, Beijing Finance Street, Beijing Central Business District and Hong Kong West Kowloon, took the other four of t...
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Commercial Real Estate Pros Getting into the Holiday Spirit at Annual Industry Events 12/14/15 It’s the holiday season and, like many of you, RENTV has enjoyed meeting up with friends and business colleagues at a few recent holiday get-togethers. A couple of notable events we had the pleasure of attending were annual p...
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Hanley Investment Group Real Estate Advisors Raises $35,000 for Movember 12/11/15 Hanley Investment Group Real Estate Advisors has raised awareness and critical funds for men’s health in November, one moustache at a time. Hanley Investment Group raised $35,000 for The Movember Foundation, surpassing what t...
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SoCal Among the Costliest Markets for Enterprise Data Centers 12/03/15 Southern California is among the most expensive markets for constructing, commissioning and operating a 5-megawatt (MW) enterprise data center over a 10-year period, due to the lack of tax incentives and the area’s steep powe...
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Sperry Van Ness to Become SVN 12/02/15 Commercial real estate services organization, Sperry Van Ness International Corporation, has formally changed its company brand name to SVN. The firm has offices in four countries serving 500 markets across the globe. The SVN...
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California REALTORS® disappointed FHFA did not increase Fannie Mae and Freddie Mac conforming loan limits 11/30/15 The California Association of Realtors® (C.A.R.) issued the following in response to the Federal Housing Finance Agency’s (FHFA) announcement to keep the 2016 maximum conforming loan limits for mortgages acquired by Fannie Ma...
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Steven C. Gordon Gives $1 Mil Gift to The UCLA Ziman Center for Real Estate 11/25/15 The UCLA Ziman Center for Real Estate has announced a major gift from Los Angeles Real Estate Entrepreneur Steven C. Gordon to establish the Steven C. Gordon Real Estate Student Endowment. The student endowment is the result...
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USC Wins Silver Shovel at This Year’s NAIOP SoCal UCLA vs USC Real Estate Challenge 11/23/15 On November 19 more than 300 real estate professionals gathered at USC’s Town and Gown for the annual NAIOP SoCal UCLA vs USC Real Estate Challenge. During this iconic Southern California real estate event, five-member studen...
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Pro Moves 11/18/15 Guy Ponticello / Bruce Westwood-Booth -- CBRE Capital Markets has strengthened its Corporate Capital Markets and Net Lease Property Group in the Americas with the appointments of Guy Ponticiello as Managing Director, and Bruc...
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When Black Friday Comes, It Will Be Thursday 11/12/15 More retailers are planning to get an early jump on Black Friday this Thanksgiving weekend. According to JLL’s just-released 2015 Holiday Sentiment Report, nearly one-third of retailers surveyed say they plan to open on Than...
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Commercial Financing Briefs 11/09/15 FIDENT CAPITAL – Fident Capital arranged $14 mil in joint venture equity for the acquisition, entitlement, and development of a 129-unit multifamily project in downtown San Diego’s Little Italy. The project includes 8k sf of ...
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The Sunset Wins “Outstanding Building of the Year” Award from BOMA LA 11/04/15 The Building Owners and Managers Association (BOMA) Greater Los Angeles chapter has named The Sunset “The Outstanding Building of the Year” (TOBY) in the “Under 100,000 Square Feet” category for 2015. The award recognizes out...
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