Breakthrough Properties, Tishman Speyer Provide $90MM Mezzanine Loan on 538,000 SQFT Neurocrine-Leased Aperture Del Mar in San Diego
Two of the biggest names in life science real estate have moved to the credit side of a fully leased San Diego campus,...
Blackstone’s $195MM Tower at Burbank Loan Lands on CMBS Watchlist as Office Occupancy Slides to 73%
Morningstar Credit has flagged the $195 million loan on Blackstone’s Tower at Burbank office property for occupancy erosion, as a signature entertainment-district tower...
Wyoming Buyer Acquires 88-Site Sundance Senior Manufactured Housing Community in Escondido for $11MM
A privately held buyer shielded behind a Wyoming holding company has acquired Sundance Mobile Home Park, an 88-site senior manufactured housing community in...
Simon Adds 11 Retail and Dining Concepts and Opens 85,000 SQFT Life Time Club at Brea Mall
Simon Property Group is deepening its multimillion-dollar bet on North Orange County, signing 11 new retail and dining tenants at Brea Mall and...
Asana Partners Acquires 63,000 SQFT Crown Valley Center in Laguna Niguel for $20.5MM in First Trade in 57 Years
A grocery-anchored neighborhood center in the heart of South Orange County has changed hands for the first time since it was built in...
Pegasus Structures Permanent Loan With 33% Future-Funding Holdback Around 1031 Exchange in Atascadero
Pegasus Capital Markets arranged a permanent loan that carries a committed future-funding holdback of roughly one-third of the balance and accrues interest only...
ParkTerra, JEN Partners Sell 50,000 SQFT AXIS Office Building in Anaheim’s Platinum Triangle for $11.75MM
A joint venture of ParkTerra and JEN Partners has sold a three-story office building at Anaheim’s AXIS campus to a local owner-user for...
Bascom Group Acquires 183-Unit Castlewood Park Apartments in Buena Park for $53MM
The Bascom Group has purchased the 1963-vintage Castlewood Park Apartments in Buena Park for $53.125 million, wagering that experienced value-add operators can profit...
Four-Building 70,000 SQFT San Ysidro Industrial Park Hits Market at $18.9MM
A stabilized four-building industrial park pressed against the nation’s busiest border crossing has come to market at $18.9 million, testing investor appetite for...
Alexandria Delivers 427,000 SQFT R&D Hub for Bristol Myers Squibb at Campus Point Megacampus in San Diego
Alexandria Real Estate Equities has handed the keys to a fully leased life science complex to one of the world’s largest drugmakers, a...
Amazon Reported as Tenant of CapRock’s 1,271,000 SQFT Central Point III Building in Visalia
CapRock Partners has fully leased the first building at its Central Point III development in Visalia to an unnamed global corporate occupier, a...
The Heights at Ponte Vista Features Four Move In Ready Elevated Townhomes
The homes embrace coastal living and multi-generational flexibility for modern Southern California lifestyles New community alert! RC Homes, the California homebuilder known for...
Sony Pictures to Reopen and Restore Hollywood’s Cinerama Dome, Operated by Alamo Drafthouse
Sony Pictures Entertainment will resurrect one of Hollywood’s most recognizable landmarks, pledging to restore the shuttered Cinerama Dome and hand the keys to...
Prologis Data Center Starts Reach $2.1 Billion as Power Pipeline Climbs to 5.8 Gigawatts
Prologis is rapidly scaling two businesses born from its logistics platform — data centers and energy — with data center development already exceeding...
Milhaus Merges with Sares Regis Group Residential to Form 50,000-Unit Multifamily Platform, Moves to Acquire Broadshore Capital
Indianapolis-based Milhaus and Newport Beach’s SRG Residential have completed a merger that combines a Midwestern developer with a national apartment manager, and the...
CEQA Overhaul Measure Lands 73% Support in New PPIC Poll, Handing California Developers an Early Tailwind
A new statewide survey shows commanding, cross-partisan support for a November ballot measure that would impose hard deadlines on California’s landmark environmental review...
Prologis Says Southern California Industrial Market Has Bottomed as Inland Empire Leads Recovery
Prologis told investors that Southern California, the nation’s largest and most closely watched industrial market, has bottomed and moved into early recovery, with...
California Sues Costa Mesa, Ridgecrest and Calexico in Five-City Housing Element Crackdown
California’s housing regulators dragged three Southern California cities into court over long-overdue housing plans, part of a five-city enforcement sweep that puts local...
Southern California Commercial Real Estate News
Blackstone’s $195MM Tower at Burbank Loan Lands on CMBS Watchlist as Office Occupancy Slides to 73%
Morningstar Credit has flagged the $195 million loan on Blackstone’s Tower at Burbank office property for occupancy erosion, as a signature entertainment-district tower...
Wellpointe Unveils $2B, 3,458-Unit “Viva” Affordable Senior Housing Complex at Warner Center in Woodland Hills
Wellpointe is pulling the curtain back on Viva, a four-tower, 100 percent affordable senior housing complex in Woodland Hills that would rank among...
Redwood West and Panattoni Acquire 395,000 SQFT The Pike Waterfront Center in Long Beach for $50MM
Redwood West and Panattoni have purchased The Pike, the open-air lifestyle center on Long Beach’s downtown waterfront, and are lining up a $20...
Simon Adds 11 Retail and Dining Concepts and Opens 85,000 SQFT Life Time Club at Brea Mall
Simon Property Group is deepening its multimillion-dollar bet on North Orange County, signing 11 new retail and dining tenants at Brea Mall and...
Hoag Clinches 92-Acre Ziggurat Campus in Laguna Niguel for $207MM, Ending Three-Year Federal Sale Saga
Hoag Memorial Hospital Presbyterian has emerged as the final winner of Orange County’s most contested real estate disposition, acquiring the 1-million-square-foot Chet Holifield...
Southern California Industrial Prices Reset as Sale Values Fall 21.7% and Construction Pipeline Shrinks
Southern California’s industrial market moved toward equilibrium in the second quarter of 2026 as a sharp pullback in construction and steady leasing helped...
Breakthrough Properties, Tishman Speyer Provide $90MM Mezzanine Loan on 538,000 SQFT Neurocrine-Leased Aperture Del Mar in San Diego
Two of the biggest names in life science real estate have moved to the credit side of a fully leased San Diego campus,...
San Diego Launches Affordable Housing Preservation Fund With $8.5MM to Stem Loss of Low-Rent Apartments
The San Diego City Council voted unanimously to create an Affordable Housing Preservation Fund and seed it with $8.5 million, handing the San...
Wakeland Housing’s $140MM Becker Affordable Complex Leads Hines’ $1B Riverwalk in San Diego’s Mission Valley
Construction is underway on The Becker, a $140 million affordable apartment complex that will be the first completed building within Hines’ $1 billion...
WareSpace Grabs 441,000 SQFT Portfolio From Blackstone’s Link Logistics, Planting Flags in San Diego and the Inland Empire
WareSpace closed its first portfolio-level acquisition, paying an undisclosed sum for a five-building, 441,000-square-foot collection sold by Blackstone’s Link Logistics, and pushing its...
Southern California Industrial Prices Reset as Sale Values Fall 21.7% and Construction Pipeline Shrinks
Southern California’s industrial market moved toward equilibrium in the second quarter of 2026 as a sharp pullback in construction and steady leasing helped...
Southern California Retail Dollar Volume Jumps 61.8% to $3.52B in H1 2026 Even as Square Footage Traded Falls 27.7%
Buyers and sellers of Southern California retail property have finally found each other on price, and the result is a first half in...
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,...
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...
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)...
Bed Bath & Boomerang
By Billy the Broker (I just want to stay anonymous) In August 2025, Marcus Lemonis, the executive chairman of Beyond, Inc.—which is to...
McNellis: F*** Real Estate?
Publisher’s Note What began over a decade ago as a series of candid, sharp-witted articles written for The Registry has grown into one of the...
Orange County Industrial Vacancy Rises to 6.1% as Rents Soften
A leasing rebound and contracting pipeline show early signs of stabilization for Orange County’s industrial market. By J.C. Casillas, Managing Director of Research at...
Local Family Sells 41-Unit Sundance West Apartments in Costa Mesa for $16.9MM
A local family cashed out of its low-density Costa Mesa apartment community, selling the 41-unit Sundance West Apartment Homes to a value-add investor...
Sony Pictures to Reopen and Restore Hollywood’s Cinerama Dome, Operated by Alamo Drafthouse
Sony Pictures Entertainment will resurrect one of Hollywood’s most recognizable landmarks, pledging to restore the shuttered Cinerama Dome and hand the keys to...
Newport 17th Plaza, Fully Leased 29,000 SQFT Costa Mesa Retail Center, Hits Market for $16.6MM at 6.26% Cap Rate
A fully occupied neighborhood retail center anchored to one of coastal Orange County’s busiest intersections has hit the market at $16.6 million, testing...
Rite Aid-Tied Owner Lists Fully Entitled 147-Unit Affordable Housing Site at Crenshaw and Olympic in Los Angeles
An entity connected to twice-bankrupt drugstore chain Rite Aid is selling a fully entitled, one-acre development site at the northwest corner of Crenshaw...
Villa Samoa, 46-Unit Anaheim Apartment Community, Trades for $12.3MM in Value-Add Play
A 46-unit, single-story apartment community in West Anaheim that stayed in the same hands for more than three decades has changed owners in...
Billy G. Mills Manor Lands $28.9MM HUD Refinance, Preserving 102 Affordable Units Near USC in Los Angeles
Watt Capital Developers recapitalized a fully subsidized community near USC with a HUD/FHA loan timed to close alongside a 20-year Section 8 contract...
Jamison Properties Sells 111,000 SQFT Signal Hill Town Center for $12MM, 27% Below Asking, to West Covina Investor
Jamison Properties has closed the sale of the two-building Signal Hill Town Center office complex for $12.03 million, roughly 27 percent below its...
Bakersfield Investor Group Buys 85,000 SQFT Lumberjack Square Retail Center for $11.7MM, 22% Below Asking
A local partnership closed on the fully leased Lumberjack Square shopping center in Bakersfield for $11.7 million, roughly $3.4 million under the price...
