Industry News

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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...

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...