Industry News
Air Freight Shipments Strong at Ontario Airport in February while Passenger Volume Remained Soft
ONTARIO, Calif., March 22, 2021 — Shipments of air freight continued to drive commercial activity at Ontario International Airport (ONT) in February, continuing to grow by...
Podcast: Mike Sroka, Co-Founder and CEO of Dealpath
Mike Sroka is the co-founder and CEO of San Francisco-based Dealpath, a company that describes itself as a platform that enables smarter deal management...
Healthpeak Properties Announces 90,000 SQFT Callan Ridge Life Science Development in Torrey Pines
DENVER, March 18, 2021 — Healthpeak Properties, Inc. (NYSE: PEAK) announced today that it will proceed with the densification of its Callan Ridge campus located...
Suffolk Completes 1500 Granville, 153-Unit Mixed-use Residence for UCLA Medical Students
Completion of project provides an affordable and community-focused housing option for UCLA Medical House Staff and graduate students LOS ANGELES–Suffolk, one of the...
Columbia Property Trust Receives $2.2B Buyout Offer
NEW YORK—Arkhouse Partners LLC, AS8888 LLC, an entity of The Sapir Organization, and 8F Investment Partners Pte. Ltd., which together beneficially own approximately...
Lev Launches West Coast Presence Led by Greg Goldstein
LOS ANGELES, March 18, 2021 — Lev, the digital platform for commercial real estate financing & transactions, announced today the opening of their second...
Harbor Associates Acquires 297,000 SQFT Office Property in Aliso Viejo for $92MM
(EDITOR’S NOTE: According to sources with knowledge of the transaction, the deal closed for $92 million, or just over $309 per square foot.) Long...
Google Plans for $7B in U.S. Investments in 2021, $1B in California
By Sundar Pichai, CEO of Google and Alphabet One of the best parts of my job is getting the opportunity to visit the...
Alliant Capital Partners with Insite Development to Build 70+ Units for Disabled Seniors in Lancaste\r, CA
Alliant Capital announces today the closing of Essex Tower. The Project is the new construction of 70 multifamily apartments in Lancaster, California. This...
CalSTRS Allocates $1.3B for New Real Estate Opportunities Across West Coast Markets
By Jon Peterson California State Teachers Retirement System (CalSTRS) has issued $1.3 billion of new capital into three joint ventures with managers that will...
Sares Regis Expands Team with Addition of Jeff Condon
NEWPORT BEACH, Calif., March 16, 2021 – Sares Regis Group is pleased to announce Jeff Condon has joined its multifamily property management division,...
Blackstone & Starwood to Acquire Extended Stay America for $6B
Extended Stay America, Inc. (“ESA”) and its paired-share REIT, ESH Hospitality, Inc. (“ESH” and together with ESA, the “Company”) (NASDAQ: STAY) announced today...
