Industry News
Long Beach Bets $21.3MM on 11,000-Seat Waterfront Amphitheater to Replace Shrinking Oil Revenue
Long Beach opens the F&M Bank Amphitheater, a $21.3 million temporary venue beside the Queen Mary, this week, wagering that an 11,000-capacity concert...
Logos Faith Development Lands $15MM Loan for 62-Unit St. Rest Affordable Project in South Los Angeles
Backed by Sunflower Bank financing and a streamlined ED1 approval, the church-land development at 706 West 85th Street targets a fourth-quarter 2027 completion...
Gensler Co-CEO Elizabeth Brink: Conversions Can Revive Downtown Los Angeles, If Leadership Shows Up
Speaking at the UCLA Anderson Forecast Summer 2026 Economic Outlook, Gensler Co-CEO Elizabeth Brink laid out an architect’s case for why experience, not...
Bridge Debt Moves From Stopgap to Primary Structure as $875B in CRE Loans Mature
With permanent lenders selective and $875 billion in commercial mortgages coming due, sponsors are routing transitional deals to debt funds offering speed, flexibility...
Rinks Foundation Pitches Three-Sheet Ice Complex at Escondido’s Kit Carson Park, Backed by $4MM Softball Field Relocation
The Escondido City Council unanimously approved a memorandum of understanding with The Rinks Foundation to explore a privately funded three-sheet ice sports complex...
Sterling Bay, Harrison Street Clinch $290MM Refinancing for Sorrento Mesa Life Science Campus
Peregren Capital Group’s loan, with $162.5 million in future funding, gives the vacant Pacific Center runway to lease up in a market where...
CalWest Clinches $55MM in Q1 Home Sales as San Diego Builder Doubles Down with 4.99% Rate Buydowns
The Carlsbad-based private developer sold 62 homes across its San Diego County communities in the first quarter and prepares to break ground on...
Mass Timber Emerges as Embodied-Carbon Fix for Data Centers, Cutting Footprint Up to 60%
Engineers from Thornton Tomasetti and Gensler make the case that hybrid mass timber can slash data center embodied carbon and compress schedules without...
Amazon Lands as First Tenant at Scannell’s $100MM, 833,000 SQFT Westgate Industrial Center in West Fresno
The e-commerce giant takes down a 248,786-square-foot building at the long-delayed Marks Avenue project, deepening its Central Valley logistics footprint as national big-box...
Olson Homes Plans 80-Unit Mediterranean Revival Community on 3.2-Acre San Gabriel Infill Site
Olson Homes is moving to convert one of San Gabriel’s last large vacant infill parcels into an 80-unit residential community, betting on a...
13-Unit Oceanview Apartment Property in Laguna Beach Trades for $10.425MM
The $801,923-per-unit deal for 222 Arch Street closed at nearly double Orange County’s average multifamily pricing, underscoring the premium investors continue to place...
MJW Investments Launches Debut $100MM Student Housing Fund
Sawtelle-based MJW Investments is doubling down on student housing with its first institutional fund, targeting value-add assets near Tier 1 universities nationwide.
