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CommercialFinanceIndustry NewsLos Angeles

Shomof Group Acquires Long Beach’s 460,000 SQFT Landmark Square for $50MM at 63% Discount in Distressed Office Market Sale

Landmark Square sale underscores persistent challenges in California’s post-pandemic office market In a transaction that highlights the continuing distress in California’s commercial office...

Glendale, California
CommercialFinanceIndustry NewsLos Angeles

Pendulum & Landrock Acquire 505 North Brand in Glendale for $56MM in Discounted Deal

In a significant Southern California real estate transaction, Pendulum Property Partners and Chicago-based Landrock have purchased the 15-story office building at 505 North...

Glendale, California
CommercialFinanceIndustry NewsLos Angeles

Beacon Capital Sells 410,000 SQFT Glendale Office Tower for $58.8MM

In a move that underscores the state of Southern California’s real estate market, developer Izek Shomof has acquired a 19-story office tower in...

Glendale, California
CommercialFinanceIndustry NewsLos Angeles

Beacon Capital Partners Lists 416,162 SQFT Glendale Mixed-Use Property for Sale

By Rhiannon Saegert  A 19-story office and retail property in Downtown Glendale with a distinctive public art installation is available for purchase. The...

California State Teachers Retirement System, CalSTRS, San Francisco, Bay Area, Southern California, BCal II, Beacon Capital Partners, Cal Hearthstone Debt JV, Hearthstone, PacificCal PC Core, PCCP, PacificCal VII
CommercialFinanceIndustry NewsLos AngelesOrange CountyResidential

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...

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