Finance

6106 Articles

San Diego Life Science VC Drops 34% to $1.4B, Its Lowest Since 2022, as Bay Area Funding Holds

San Diego life science companies raised just $1.4 billion through the third quarter, their weakest nine months since 2022, as Savills' Q3 2026...

Bridge Logistics Properties Buys XPO-Leased 21-Acre Truck Terminal in Santa Fe Springs in Off-Market Deal

Bridge Logistics Properties has picked up a 21.3-acre cross-dock truck terminal at 12903 Lakeland Road in Santa Fe Springs, fully leased to less-than-truckload...

$19MM Bridge Refinance Secured for 55-Unit North Park Loft Apartments in San Diego

The owner of a newly built 55-unit loft apartment building in San Diego’s North Park was facing a paydown of up to $4...

20,000 SQFT Retail Beneath Santa Monica’s Waverly and Seychelle Condos Hits Market at $17MM, 70% Above 2021 Sale

The leasehold on two retail condominiums beneath Related California's Waverly and Seychelle towers on Ocean Avenue is back on the market at $17...

Los Angeles County Apartment Sales Slip 7% as 24,911-Unit Pipeline Pressures Lease-Ups

Los Angeles County’s apartment sales slipped in the third quarter even as the broader Southern California market rebounded, with a 24,911-unit construction pipeline,...

San Diego Industrial Absorption Turns Positive as Investment Sales Jump Nearly 42%

San Diego County's industrial market absorbed 205,700 square feet in the third quarter and pushed vacancy lower even as 847,200 square feet of...

Alliant Communities Lands $36MM Measure ULA Loan for 200-Unit Affordable Project on Former Northridge Rite Aid Site

Calabasas-based Alliant Communities has lined up a $36.1 million Measure ULA commitment from the Los Angeles Housing Department to replace a shuttered Rite...

KF Partners Acquires 152,000 SQFT MacArthur Plaza in Irvine From CM Stratplan for $26.5MM

KF Partners acquired MacArthur Plaza, a nine-story, 151,706-square-foot office tower facing John Wayne Airport, from CM Stratplan for $26.5 million, a price of...

R.D. Olson, Joseph Martelli Land $84MM Refinancing for 271-Room Marriott Irvine Spectrum

R.D. Olson Development and longtime partner Joseph Martelli Real Estate Investments have recapitalized the 15-story Marriott Irvine Spectrum with an $84 million loan,...

Galvanize Buys Link Logistics’ Three-Building, 285,000 SQFT Tustin Industrial Portfolio for $74.1MM

Galvanize Real Estate, the climate-focused property arm of Tom Steyer's investment firm Galvanize, has paid $74.1 million for a three-building Tustin industrial portfolio...

Taylor Morrison Buys 185,000 SQFT Tustin Financial Plaza From Kingsbarn, Kelemen for $68.7MM to Build 145 Homes

Homebuilder Taylor Morrison paid $68.7 million for Tustin Financial Plaza, a five-building office campus that Kingsbarn Realty Capital and The Kelemen Company bought...

Overton Moore Properties Buys 248,000 SQFT MEI-Leased La Mirada Industrial Facility From Brookfield for $58.5MM

Overton Moore Properties paid $58.5 million for Brookfield's 248,105-square-foot La Mirada industrial building, inheriting a freshly renewed, market-rate lease with heavy-equipment specialist MEI...