Industry News
Macerich Obtains $950MM Liquidity Position through Sale, Stock Offering and Credit Facility
SANTA MONICA, Calif., March 26, 2021 — Today, the Macerich Company (NYSE: MAC, the “Company”) announced certain major capital events and other updates. Through March 25,...
WeWork to Become Publicly Traded Via SPAC Merger with BowX Acquisition Corp.
WeWork’s platform and global network position the company as a leader in flexible space, ideally situated to serve the multi-trillion dollar office space...
Sub-Zero Welcomes Sean Graffia to its Builder Team in Southern California
COSTA MESA, Calif., March 25, 2021 — Sub-Zero Group West, Inc., the leading manufacturer of premium refrigeration, cooking equipment, and dishwashing brands Sub-Zero, Wolf, and Cove...
The Grocery Store Experience: How to Design Safe, Adaptable Shopping Environments
By Kara Eberle (Retail) of Cushing Terrell As we continue to settle into the economic and psychological realities of COVID-19, businesses are evaluating...
Self-Storage Industry Emerges as Strong Contender as Pandemic Shakes Up Other CRE Sectors
By Meghan Hall While many commercial real estate sectors struggled during 2020, the self-storage industry continued on its path of expansion. Its rise...
FirstService Residential to Manage Rancho San Joaquin Homeowners Association in Irvine
FirstService Residential, North America’s leading community management company, was awarded the management contract for Rancho San Joaquin Homeowners Association in Irvine, California. FirstService...
Oaktree Closes Eighth Real Estate Opportunities Fund at $4.7B
LOS ANGELES–Oaktree Capital Management, L.P. (“Oaktree”) today announced the successful final close of Oaktree Real Estate Opportunities Fund VIII and related vehicles (“ROF...
The Harland Unveils 37 New Private Residences in West Hollywood
West Hollywood’s Most Exclusive Building Offers Upscale Penthouses and Townhomes Designed by Marmol Radziner LOS ANGELES, March 24, 2021 — Creating an unprecedented opportunity...
Hines Acquires 16 Acres of Industrial Land in San Diego
Represents the first industrial development in the city for the firm (SAN DIEGO) – Hines, the international real estate firm, announced today it...
Here to ‘Stay:’ Business Lodging Sector Finds New Life during Pandemic
By Pam Knudsen, Senior Director of Compliance at Avalara MyLodgeTax Popular before the pandemic, extended stays had solidified their place in the lodging...
Newmark Announces Executive Team to Run the Business of Knotel, Post Acquisition
Newmark Group, Inc. (Nasdaq: NMRK) (“Newmark” or “the Company”), today announces that it has hired Michael Gross, Eric Gross and Yoav Gery as the executive team to lead...
Cynthia Parker Resigns from BRIDGE, Susan Johnson Appointed Interim President & CEO
SAN FRANCISCO, CA, March 23, 2021—Cynthia Parker, President and CEO of BRIDGE Housing, announced her resignation today for personal reasons. Ms. Parker has...
