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Cress Capital Expands in SoCal’s Inland Empire
By Adriana Pop, Associate Editor In an off-market transaction, Newport Beach-based investor Cress Capital LLC has expanded its SoCal portfolio with the acquisition of a 30-acre property encompassing...
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New Chief Revenue Officer Joins Auction.com
By Adelina Osan, Associate Editor The nation’s leading online real estate marketplace expands its team with a new chief revenue officer. Norman Happ, the latest talent joining the Auction.com LLC...
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LAX Submarket Reaches New High
By Liviu Oltean, Associate Editor Cushman & Wakefield assisted with the sale of Airport Spectrum, a 500,000-square-foot office campus located at the Gateway to LAX. Marc Renard, Manfred Schaub and...
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Affordable Senior Housing Community Arrives Straight Into Compton
By Alex Girda, Associate Editor Developer Meta Housing Corporation recently finished work on its latest housing community in the southern L.A. city of Compton. The $20.3 million project was developed...
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San Juan Medical Center Fully Leased Ahead of Completion
By Alex Girda, Associate Editor A new medical office asset in San Juan Capistrano already completed pre-leasing operations, highlighting interest in the sector. Known as the San Juan Medical Center,...
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Condo Prices in Three Major Cities Saw Notable Increases
Click on chart to enlarge. By Andie Lowenstein, Associate Editor San Francisco—Three major cities saw condominium price increases this month, while one saw decreases. San Francisco, Downtown Los...
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HFF Arranges Financing for Perris Industrial Project Aiming to Capture Market...
By Alex Girda, Associate Editor The Inland Empire is an industrial market powerhouse with development and absorption recording all-time highs during some points in 2015. Those stats mean the appeal...
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ETCO Holds Grand Opening for Upscale Beverly Hills Condo Community
By Alex Girda, Associate Editor ETCO’s latest multifamily development is heavily relying on confirming the general image of Beverly Hills. Known as 460 Palm, the condominium project recently held an...
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Chino Hills Trophy Center Expands Dunhill Partners’ Retail Portfolio
By Alex Girda, Associate Editor Located at the southwestern end of San Bernardino County, the city of Chino Hills is part of a real estate revival that’s gripping the Inland Empire. The area is one of...
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Garden Grove Gets Ready For a Splashy Opening
By Adriana Pop, Associate Editor Great Wolf Resorts Inc.‘s $250 million resort in Garden Grove is on track for a spring 2016 opening, according to the hospitality and entertainment company. Called...
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NGKF Facilitates Goodwill’s Move to Tustin
By Adriana Pop, Associate Editor Goodwill of Orange County will be moving its retail distribution center to a newly leased 154,040-square-foot warehouse building at 1231 Warner Ave. in Tustin. 1231...
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Veranda at RiverPark Edges Community Closer to Completion
By Alex Girda, Associate Editor K. Hovnanian Companies of California recently broke ground on its latest residential project in Ventura County. Veranda at RiverPark was funded by Presidio Residential...
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Southern California Multifamily Asset Sells for $78.5M
By Adriana Pop, Associate Editor Promenade Terrace, a 330-unit multifamily community located in Corona, Calif. has recently changed hands for $78.5 million, or approximately $238,000 per unit....
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Berkadia Arranges Sale of Two L.A. Multifamily Assets
By Alex Girda, Associate Editor The L.A. multifamily properties known as Catalina Apartments and Hobart Apartments were recently sold for a combined $12.1 million. The transaction was arranged by...
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Hollywood Micro Apartments Tempt Investors
By Alex Girda, Associate Editor Gershwin Apartments is now under the ownership of a venture between Massie Capital and Glenn & Shannon Dellimore, following a $25 million transaction. The buyer...
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DEAL OF THE DAY: USC Student Housing Portfolio Switches Majors
By Alex Girda, Associate Editor Los Angeles—A joint venture between Stuho and Cambridge Capital Advisors recently completed the purchase of a student-housing community near the north campus of the...
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Land Deal Foreshadows Development Project in Hollywood
By Alex Girda, Associate Editor AvalonBay recently acquired a high profile patch of land on Santa Monica Boulevard for a reported $99 million. The acquisition was arranged by a CBRE Capital Markets...
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Buyer Finds El Dorado in Sherman Oaks
By Alex Girda, Associate Editor A Sherman Oaks condo property recently traded hands in a deal worth $19.5 million. Acquired by an international buyer from the property’s Florida-based owner and...
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Central Coast Student Housing Asset Acquisition Showcases Market Demand
By Alex Girda, Associate Editor A garden-style student housing complex in San Luis Obispo was recently acquired, following a successful financing operation. Buyer Reliant Group received acquisition...
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Berkadia Arranges Sale of Multifamily Asset in Moreno Valley
By Adriana Pop, Associate Editor Bridge Investment Group LLC of Salt Lake City has expanded its Inland Empire multifamily portfolio with the acquisition of The Reserve at Rancho Belago, a 176-unit...
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