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CommercialIndustry NewsPeople on the Move

Barry Gosin to Step Down as Newmark CEO After Nearly Five Decades; Board Targets Successor by Year End

Barry Gosin, who built Newmark from a regional brokerage into one of the fastest-growing publicly traded commercial real estate firms in the world,...

Walk of fame - Hollywood Boulevard in Los Angeles
FinanceIndustry NewsLos AngelesRetail

Acadia Realty Trust Acquires 4,000 SQFT Jacquemus-Leased Melrose Building for $29MM in West Hollywood

Acadia Realty Trust buys the Jacquemus-leased retail building at 8800-8804 Melrose Avenue in West Hollywood for $29 million.

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CommercialFeaturedFinanceIndustry News

Brookfield Takes 49% Stake in Healthpeak’s $2.1B, 86-Building Outpatient Medical Portfolio for $1.025B

Healthpeak Properties has sold a non-controlling 49 percent stake in a national portfolio of 86 outpatient medical buildings to Brookfield Asset Management for...

Apartment building outline with a sky with clouds
FinanceIndustry NewsOrange CountyResidential

Eagle Real Estate Partners, Vistria Group Acquire 402-Unit Crystal View Apartments for $132.5MM in Garden Grove

Eagle Real Estate Partners and The Vistria Group have purchased Crystal View Apartments, a 402-unit workforce housing community in Garden Grove, for $132.5...

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CommercialFinanceIndustry NewsLos Angeles

Wildwood School Acquires 101,000 SQFT Ocean Park Plaza for $50.6MM in Santa Monica

A private co-educational school has purchased Santa Monica’s largely empty Ocean Park Plaza in an all-cash deal, pulling a full city block of...

Santa Monica Pier sign
FinanceHospitalityIndustry NewsLos Angeles

Slatkin Brothers’ $280MM Loan on 327-Key Santa Monica Hotel Duo Lands in Special Servicing

The $280 million securitized mortgage backing Shutters on the Beach and Hotel Casa del Mar has been transferred to special servicer LNR Partners...

Apartment building facade
FinanceIndustry NewsLos AngelesResidential

G.H. Palmer Associates Lists 760-Unit Summit at Warner Center in Woodland Hills, One of LA’s Largest Apartment Offerings

Billionaire developer Geoffrey Palmer has put Summit at Warner Center on the block, a 43-acre, 760-unit garden apartment community in Woodland Hills that...

Aerial view of Carlsbad
CommercialFinanceIndustry NewsLeasingSan Diego

Brookwood Financial Sells 219,000 SQFT Ventana Office Campus in Carlsbad for $24.5MM

Brookwood Financial Partners has offloaded Ventana, a three-building Class A office campus in Carlsbad’s coastal submarket, for $24.5 million while the property sat...

Rendering of Pasadena development proposal
AECCommercialIndustry NewsLos AngelesResidential

AMLI Plans 975-Unit Second Act at 100 West Walnut, Razing Parsons’ Former Pasadena Headquarters

Weeks after Parsons Corporation’s lease on its former Old Pasadena headquarters ran out, AMLI Residential has moved to demolish the 12-story tower it...

lab research space
CommercialFeaturedIndustry NewsLeasingLife ScienceSan Diego

Sanguine Biosciences Leases 7,500 SQFT at Governor Pointe, the Smallest Suite in a 141,214-SQFT Lab Conversion

Sanguine Biosciences, the Los Angeles-area clinical research company that collects biological specimens from patients in their homes, has leased 7,500 square feet at...

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FinanceIndustry NewsRetailSan Diego

US Property Trust Buys 25,370 SQFT Encinitas Village Square for $25.94MM in North San Diego County

A coastal Encinitas retail center that stayed nearly full through a softening San Diego market has changed hands in the city’s biggest retail...

a rendering of an apartment with furniture
FinanceIndustry NewsOrange CountyResidential

Eagle Real Estate, Vistria Group Acquire 402-Unit Crystal View Apartments in Garden Grove for $132.5MM

Eagle Real Estate Partners and The Vistria Group have taken control of a 402-unit Garden Grove apartment community whose affordability restrictions were about...

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