Industry News
180 Micro-Unit Project in Hollywood Secures $41.1MM Construction Loan
LOS ANGELES – (April 23, 2021) – ACRES Capital Corp. (together with its subsidiaries, “ACRES”), a leading commercial real estate middle-market lender, has originated, through the YazLee Group...
57,543 SQFT Palomar Health Rehabilitation Institute opens in Escondido
ESCONDIDO and SAN DIEGO, Calif., April 28, 2021 — Palomar Health, Kindred Healthcare and PMB announced that they recently completed and opened the 57,543-square-foot, 52-bed Palomar...
Upper Ivy Apartments Open in Los Angeles’ 500,000-SQFT Ivy Station
LOS ANGELES — Ivy Station, a 500,000-square-foot mixed-use development adjacent to the Culver City Metro E Line station, is beginning its staggered reveal...
$23MM Secured for Multifamily Portfolio in Orange County
Orange, Calif. (April 27, 2021) – Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured $23 million in new financing...
Experts: Fundamental Shift in Economy Propels Data Centers to Forefront of CRE Industry
By Meghan Hall 2020 produced both winners and losers in the commercial real estate industry, and with the sector flipped on its head,...
Report: Demand for Industrial Real Estate in East Valley Outpaces Supply
By Catherine Sweeney Industrial real estate in the Inland Empire’s East Valley finished strong in the first quarter of 2021, with demand far...
My Corona: A Retail Adaptation
By John Cumbelich The past year was a trial by combat in the scorched earth environment of the commercial real estate industry. The...
Santa Monica Multifamily Asset Sells for $39.5MM
SANTA MONICA, Calif., April 28, 2021 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale...
Roku Signs Lease for 72,000 SQFT at Colorado Center in Santa Monica
BOSTON — Boston Properties, Inc., the largest publicly traded developer, owner, and manager of Class A office properties in the United States, announced today...
Essex Sells Two SoCal Apartment Communities for $162.5MM
By Jon Peterson San Mateo, Calif.-based Essex Property Trust has sold three apartment complexes in the state that are located in San Mateo...
DivcoWest Expands into Single-Family Rental Sector with $250MM Investment
By Jon Peterson San Francisco-based DivcoWest has joined the ever-growing crowd of institutional capital sources that are placing investment dollars in the single-family rental...
Syska Hennessy Group to Move West Coast Headquarters to FourFortyFour South Flower in Downtown Los Angeles
LOS ANGELES–The international engineering firm Syska Hennessy will move its West Coast headquarters and Los Angeles office to Coretrust Capital Partners’ FourFortyFour South Flower Street in downtown Los...
