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Pasadena Sign and Palm Tree
CommercialFinanceIndustry NewsLos Angeles

Irvine Company Sells 270,000 SQFT Western Asset Plaza in Pasadena to East West Bank for $97.9MM at 32% Discount

The sale reflects a broader strategic pivot by Donald Bren’s real estate empire away from office holdings and toward its expanding 65,000-unit apartment...

jeffrey-clayton-7SGBvICQC3o-unsplash-john wayne airport orange county
AECCommercialFinanceIndustry NewsOrange County

Newport Beach Commits $712,000 to Launch Airport Area Transformation Into Mixed-Use Village

Two-year planning contract with Kimley-Horn marks shift from strategy to execution on state-mandated housing targets The city has moved from planning to implementation...

omar-flores-xkoegrJfrBU-unsplash-office
AECIndustry NewsOrange CountyResidential

CityView Eyes 422-Unit Residential Project at Newport Summit Campus Near UCI Health Hospital

Office-to-apartment conversion plans surface for Irvine property A two-building office complex in Irvine is the latest casualty of the post-pandemic office market downturn,...

emanuel-ekstrom-uDg-Lj4p9Fk-unsplash-los angeles building
CommercialFinanceIndustry NewsNews ReleasesOrange County

Local Family Office Buys 15,200 SQFT Newport Beach Office Building for $11.5MM

Newport Beach, Calif. – May 22, 2025 – CBRE facilitated the $11.5 million sale of a 15,200 sq. ft. office property at 1303...

Aerial view of Newport Beach, California
AECCommercialIndustry NewsOrange CountyResidential

Related California Proposes 538,100 SQFT Twin Residential Towers in Newport Beach’s Fashion Island Area

Related California has proposed two luxury residential towers to redefine Newport Center’s skyline. If approved, they would be the tallest housing project in the...

CommercialFinanceIndustry NewsNews ReleasesOrange County

Irvine Company’s Flex Workspace+ Program Nets 750,000 SQFT in Leases

IRVINE, Calif. – As companies return to the office, many desire flexibility as they reconfigure their workspaces, adjust their work schedules and find...

Industry NewsNews ReleasesOrange CountyResidential

Berkadia Secures $255MM in Financing for 1,306-Unit Multifamily Property in Newport Beach

SAN FRANCISCO –– Berkadia today announced the placement of financing for Park Newport, a 1,306-unit garden-style multifamily property in Newport Beach, California.  Managing...

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