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McNellis: Economists vs. Flipping Coins

Economist: {noun}: someone good with numbers but without enough personality to be an accountant.

HVN Development Files Plans for 81-Unit, Car-Free Affordable Project at 5922 North Lemp Avenue in North Hollywood

HVN Development, the North Hollywood homebuilder led by former Thomas James Homes chief executive Tommy Beadel, has filed plans for an 81-unit, fully...

Sanchotena Express Leases 57,000 SQFT at Otay Mesa’s 1490 Air Wing Road

Logistics firm Sanchotena Express has leased 56,684 square feet at 1490 Air Wing Road in Otay Mesa, tapping San Diego's cross-border trade corridor...

NuShoe Leases 63,000 SQFT at Otay Mesa Industrial Building

Footwear reconditioning company NuShoe has leased 63,225 square feet at 7603 St Andrews Avenue in Otay Mesa from Beard Land Improvement Company, adding...

Malibu High Headlines California’s Nation-Leading Push for Solar-Powered Schools, Report Finds

A new national census of clean energy in K-12 schools crowns California the runaway leader in both solar capacity and battery storage, with...

Private Investor Buys 41-Unit Cambridge Apartments in Downtown Chula Vista for $10MM

The South Bay trade marked the quarter's lowest per-unit apartment pricing in the county, an entry point for a private buyer wagering on...

Simon Property Group Launches Ad Business Across Its Southern California Malls and Outlets

Simon Property Group, landlord of Southern California draws from Del Amo Fashion Center to Ontario Mills and Carlsbad Premium Outlets, has launched a...

FinanceIndustry NewsResidentialSan Diego

Atlas Management Group Buys 31-Unit 4th & Arbor Apartments in San Diego’s Hillcrest for $12.7MM

The small infill trade in one of San Diego's densest urban neighborhoods underscored steady investor demand for well-located older apartment stock even as...

FeaturedIndustry NewsInland EmpireLos AngelesResidentialSan Diego

Plug-In Solar Bill Heads to Newsom, Opening Distributed Power to Southern California Renters

California's Legislature sent SB 868 to Gov. Gavin Newsom on Aug. 26, a measure that would let Southern California renters and multifamily owners...

FinanceIndustry NewsResidentialSan Diego

Immobiler Olive Buys 50-Unit Olive Avenue Apartments in Lemon Grove for $12.3MM

The East County workforce-housing trade priced at a steep discount to the countywide average, reflecting the wide value gap between San Diego's inland...

FinanceIndustry NewsLos AngelesResidential

Six Peak Capital and Grandview Land $13.65MM Bridge Loan on Newly Built 33-Unit Westchester Student Housing Property

A joint venture of Six Peak Capital and Grandview Property Partners has refinanced its newly completed 33-unit student housing and multifamily building near...

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Imperial County Reverses California’s Largest Data Center as Water Fight Heads to Court

Two months after approving a nearly 1 million square foot hyperscale campus, Imperial County reversed course with a moratorium, drawing a lawsuit from...

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CommercialFeaturedFinanceIndustry ContributorsIndustry News

McNellis: Economists vs. Flipping Coins

Economist: {noun}: someone good with numbers but without enough personality to be an accountant.

Malibu High Headlines California’s Nation-Leading Push for Solar-Powered Schools, Report Finds

A new national census of clean energy in K-12 schools crowns California the runaway leader in both solar capacity and battery storage, with...

Simon Property Group Launches Ad Business Across Its Southern California Malls and Outlets

Simon Property Group, landlord of Southern California draws from Del Amo Fashion Center to Ontario Mills and Carlsbad Premium Outlets, has launched a...

Plug-In Solar Bill Heads to Newsom, Opening Distributed Power to Southern California Renters

California's Legislature sent SB 868 to Gov. Gavin Newsom on Aug. 26, a measure that would let Southern California renters and multifamily owners...

Santa Clarita Lawmaker’s Bill Would License the Cash-Advance Firms Funding Southern California’s Small-Business Tenants

A bill authored by Santa Clarita Assemblywoman Pilar Schiavo and now sitting on Gov. Gavin Newsom's desk would make California the first state...

Southern California Sidelined in Data Center Boom as CBRE Reports Record 1.4% Vacancy

Even as a CBRE webinar detailed record-low vacancy and an unprecedented scramble for computing capacity across the country's primary data center markets, Southern...

Southern California Commercial Real Estate News

Imperial County Reverses California’s Largest Data Center as Water Fight Heads to Court

Two months after approving a nearly 1 million square foot hyperscale campus, Imperial County reversed course with a moratorium, drawing a lawsuit from...

San Diego Outscores Los Angeles as Hines Maps the $1 Trillion Manufacturing Buildout

A Hines Research report that scored roughly 1,500 industrial submarkets nationwide gave San Diego five top-tier locations to Los Angeles' four, and the...

San Diego Outscores Los Angeles as Hines Maps the $1 Trillion Manufacturing Buildout

A Hines Research report that scored roughly 1,500 industrial submarkets nationwide gave San Diego five top-tier locations to Los Angeles' four, and the...

OCVIBE Adds Five Kitchens to 50,000 SQFT Katella Commons as Anaheim District Underwrites Tenant Build-Outs

The Samueli family's OCVIBE has signed five more independent operators into Katella Commons, the 50,000-square-foot Anaheim market hall it is financing down to...

San Diego Outscores Los Angeles as Hines Maps the $1 Trillion Manufacturing Buildout

A Hines Research report that scored roughly 1,500 industrial submarkets nationwide gave San Diego five top-tier locations to Los Angeles' four, and the...

Midway Rising’s $3.9B San Diego Redevelopment Clears Sacramento as Risk Shifts From Courtroom to Capital Stack

Two bills enrolled in the final hours of California's legislative session would retire the environmental litigation risk that has stalled the 48-acre Sports...

Imperial County Reverses California’s Largest Data Center as Water Fight Heads to Court

Two months after approving a nearly 1 million square foot hyperscale campus, Imperial County reversed course with a moratorium, drawing a lawsuit from...

San Diego Outscores Los Angeles as Hines Maps the $1 Trillion Manufacturing Buildout

A Hines Research report that scored roughly 1,500 industrial submarkets nationwide gave San Diego five top-tier locations to Los Angeles' four, and the...

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CommercialFeaturedFinanceIndustry ContributorsIndustry News

McNellis: Economists vs. Flipping Coins

Economist: {noun}: someone good with numbers but without enough personality to be an accountant.

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FeaturedFinanceIndustry ContributorsIndustry NewsLos Angeles

Ready for My Close-Up, Mr. Bonta

David Ellison says he’ll pull Paramount out of California—and maybe sell the storied Melrose lot—unless a dozen attorneys general drop their antitrust suit....

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CommercialFeaturedFinanceIndustry ContributorsIndustry NewsRetail

McNellis: One House, One Spouse — A Guide to Wealth Preservation

Why razor-thin overhead and the 'one house, one spouse' rule are the keys to preserving wealth in real estate and in life.

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CommercialFeaturedFinanceIndustry ContributorsIndustry News

McNellis: In Denial Over the New Normal

By John McNellis Developers always crash and burn in the movies. The eternal bad guy, the developers’ heinous plans to pave a beach,...

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CommercialFinanceIndustry ContributorsIndustry News

The Art of the Quiet Exit, A Hudson Pacific Story

Hudson Pacific’s COO resigned with the usual boilerplate denial attached—but after a $572 million annual loss, a scrapped dividend and a stock down...

Energy Efficient House. 3D Render.
AECCommercialFeaturedIndustrialIndustry ContributorsIndustry News

The Data Center Bargain: What Every Town Should Demand

Free power. Free heat. Clean water. The bargain every town should be demanding. By Billy the Broker (I just want to stay anonymous)...

Immobiler Olive Buys 50-Unit Olive Avenue Apartments in Lemon Grove for $12.3MM

The East County workforce-housing trade priced at a steep discount to the countywide average, reflecting the wide value gap between San Diego's inland...

Six Peak Capital and Grandview Land $13.65MM Bridge Loan on Newly Built 33-Unit Westchester Student Housing Property

A joint venture of Six Peak Capital and Grandview Property Partners has refinanced its newly completed 33-unit student housing and multifamily building near...

CBRE Investment Management Acquires Cerberus’s Tenet Equity for $1.6B, Doubling Down on Net Lease

CBRE's investment management arm is paying $1.6 billion for a Scottsdale-based net-lease lender that Cerberus built from scratch in four years, adding more...

Equinvests Capital Buys 35,000 SQFT Kearny Mesa Office Building for $12.1MM

Equinvests Capital has acquired a 34,531-square-foot office building at 5575 Ruffin Rd in San Diego's Kearny Mesa submarket for $12.08 million, a price...

Santa Clarita Lawmaker’s Bill Would License the Cash-Advance Firms Funding Southern California’s Small-Business Tenants

A bill authored by Santa Clarita Assemblywoman Pilar Schiavo and now sitting on Gov. Gavin Newsom's desk would make California the first state...

HVN Development Frames 77-Unit, Car-Free Affordable Complex at 8911 South Ramsgate Avenue in Westchester

HVN Development has reached the framing stage on a five-story, all-affordable apartment building in Westchester that trades on-site parking for proximity to the...

Pacific Rim Mechanical Acquires 61,000 SQFT San Diego Industrial Building from LBA Logistics for $17.78MM

Mechanical contractor Pacific Rim Mechanical has purchased a 60,786-square-foot industrial building at 9125 Rehco Road in San Diego's Mira Mesa/Miramar submarket from institutional...

Southern California Sidelined in Data Center Boom as CBRE Reports Record 1.4% Vacancy

Even as a CBRE webinar detailed record-low vacancy and an unprecedented scramble for computing capacity across the country's primary data center markets, Southern...