Industry News
NY State Pension Fund Taps Bridge Investment for $600MM Logistics Fund Targeting California and Pacific Northwest, Adds $181MM in Apartments
Pension fund establishes dedicated development vehicle while adding nearly $181 million in West Coast apartments to direct holdings The New York State Common...
Blackstone Sells 248-Room Residence Inn in Torrance for $54MM as Hotel Investment Strategy Shifts
Capital Insight Acquires Extended-Stay Property Near Redondo Beach in Latest Blackstone Hotel Exit Blackstone has divested an extended-stay hotel in Torrance, selling the...
Investment Concepts Acquires 23,600 SQFT San Clemente Shopping Center for $21MM
Plaza Pacifica trades hands at year-end as grocery-adjacent retail holds investor appeal in coastal Orange County Commercial real estate transactions in Orange County’s...
Consumer Prices Expected to Rise 0.35% in December After Data Collection Issues
Wells Fargo forecasts 2.7 percent year-over-year headline inflation, down from September peak despite monthly rebound The longest government shutdown in U.S. history created...
Manufacturing Sector Closes 2025 With 10th Consecutive Month of Contraction, ISM Index at 47.8
Employment gauge shows modest improvement despite persistent weakness in new orders and production activity The disconnect between America’s booming overall economy and its...
Meta Housing Secures Ground Lease and $57.7MM Construction Loan for 207-Unit Affordable Housing Project in Woodland Hills
Los Angeles developer closes 99-year ground lease with Safehold and construction financing for Warner Center development set for 2028 completion Safehold Inc. has...
Blackstone, BioMed Realty Sell 340-Key Embassy Suites by Hilton in San Diego’s UTC for $111MM
Institutional partners exit University Town Center all-suite hotel as San Diego market navigates softening business travel demand JLL’s Hotels & Hospitality Group has...
Affinius Capital & Pendulum Property Partners Secure $113MM Financing for 470,000 SQFT The Mix in San Fernando Valley
Los Angeles, CA (January 8, 2026) — Newmark announces the Company has arranged $113 million in financing for The Mix, a 469,749-square-foot, three-building...
Crosse Partners Acquires 57,000 SQFT Industrial Building for $17.4MM in Huntington Beach
Crosse Partners has acquired a 57,088-square-foot industrial building at 5302 Rancho Road in Huntington Beach, California from Oxford Properties Group for $17.4 million,...
Enterprise Bank Acquires 88,000 SQFT Laguna Beach Arts Portfolio for $5.2MM in Foreclosure Sale
Former cultural hub along Laguna Canyon Road changes hands after $29 million default Distressed commercial real estate transactions can reshape entire districts, and...
Brookfield Properties Sells 129,000 SQFT Industrial Property in Orange for $31MM
Liangchen Yao-affiliated entity purchases facility at $241 per square foot as market faces rising vacancies Industrial properties in Orange County are changing hands...
Bank Takes Control of 1.03-Acre Laguna Beach Retail Site at $18.68MM Trustee Sale
Enterprise Bank and Trust acquires seven-parcel Heisler Laguna Collection on Coast Highway following foreclosure A retail property spanning seven parcels along Pacific Coast...
