Finance
Tennessee Pension Fund Pays $10MM for Industrial Ground Lease Acquisition in La Mirada
By Jon Peterson The Tennessee Consolidated Retirement System has paid $10 million to acquire a ground lease on the La Mirada Commerce Center industrial...
Luzzato Buys Los Angeles’ West Adams Neighborhood Property for $23MM
Newmark Knight Frank (“Newmark”) announces it has arranged the sale of 3317-3325 Exposition Place, an adaptive reuse and creative office building fully leased to The...
RiverRock Real Estate Group Founder Closes $7.5MM Deal for New OC Headquarters
(EDITOR’S NOTE: According to public records, the transaction closed on September 1, 2020 for $7.5 million.) RiverRock Real Estate Group will lead the...
Shopoff Realty Investments Secures $105MM Construction Loan for 1.8MM SQFT Logistics Center in Riverside County
IRVINE, Calif., April 5, 2021 — Shopoff Realty Investments (“Shopoff”), a national manager of opportunistic and value-add real estate investments, announced today that the company has secured a $105...
DJM Receives $70MM for Lido Marina Village Recapitalization in Newport Beach
The developer will use new funding from Prime Finance and Arc Capital Partners to finalize the transformation of its waterfront Newport Beach property...
Rancho Santa Fe Professional Center in San Diego Listed for $19.2MM
San Diego – CBRE announced that it has listed a mixed-use property, Rancho Santa Fe Professional Center, in Rancho Santa Fe, Calif. for...
Peregrine Realty Partners Purchases Rancho Bernardo Office Building for $33MM
San Diego – CBRE announced that a Limited Partnership controlled by the principals of Newport Beach, Calif.-based real estate firm Peregrine Realty Partners has purchased The...
Gemdale Buys The Park Calabasas for $79MM
Newmark Knight Frank (“Newmark”) announces it has arranged the sale of The Park Calabasas, a creative office campus, for $79 million to Gemdale...
Catalyst and CalCHA Add 1,000+ Units of Essential HousingWorth >$525MM, Across Northern & Southern California
LARKSPUR, Calif., April 1, 2021 — Catalyst Housing Group is expanding its transformative middle-income Essential Housing model across the state, with the acquisition...
City of Hope Receives $50MM Gift From Lennar Foundation to Build the Future of Cancer Care
The largest single contribution to City of Hope Orange County will establish Lennar Foundation Cancer Center to accelerate the vision of eradicating cancer...
Solstice Apartments in San Diego Sells for $7.7MM
SAN DIEGO, CALIFORNIA (March 31, 2021) – The NonrthMarq San Diego Investment Sales team consisting of Erik Anderson and Kyle Pinkalla, arranged the...
Plaza 1640 Apartments in San Diego Secures $18.35MM Freddie Mac Loan
(EDITOR’S NOTE: The subject property is the Plaza 1640 apartment community located at 1640 E. Plaza Blvd. in National City. The property was...
