NorthMarq
Redwood West and Panattoni Acquire 395,000 SQFT The Pike Waterfront Center in Long Beach for $50MM
Redwood West and Panattoni have purchased The Pike, the open-air lifestyle center on Long Beach’s downtown waterfront, and are lining up a $20...
CMBS Lender Moves to Take Control of Fallas Family’s 88-Unit Metropolitan Building in Downtown Los Angeles After $32MM Default
A judicial foreclosure action filed this month against the Fallas family’s landmark Metropolitan building at 449 South Broadway has put one of Downtown...
37,000 SQFT Montbleau & Associates HQ Hits Market for $11.7MM in San Diego
The San Diego headquarters of architectural millwork firm Montbleau & Associates, a 36,643-square-foot industrial facility located three miles from downtown, has been listed...
PCCP, Alliance Residential Pay $65.3MM for 184-Unit Hawthorne Apartments in Riverside
A joint venture of PCCP and Alliance Residential Co. has acquired The Hawthorne, a 184-unit garden-style community in Riverside, for $65.3 million, a...
Advanced Real Estate Acquires 126-Unit Rowland Heights Community in 721 Exchange Play
The Irvine multifamily firm adds its fifth Fund 24-3 asset in eight months, leaning on a tax-deferred contribution structure to pull suburban owners...
Pacific Urban Doubles Down on Coastal San Diego with $90.3MM Bet on 142-Unit Bird Rock Property
Palo Alto-based investor lands 142-unit oceanfront community at 5060 La Jolla Blvd., pushing its San Diego footprint past 2,900 units as new luxury...
Quarterra’s 393-Unit Halcyon House in Costa Mesa Hits the Market as Part of Portfolio Listing
The 585 Anton Boulevard luxury community in Costa Mesa’s City of the Arts is the lone SoCal asset in a 3,746-unit national portfolio...
The Baldwin Company’s 312-Unit Enclave Heritage Flats Clinches $101.6MM HUD Refinance in Chula Vista
The Baldwin Company swaps short-term bridge debt for long-term, fixed-rate HUD financing on a 312-unit South Bay community, locking in capital structure as...
Aragon Properties Lists 190-Unit Echo Park Multifamily Portfolio as Non-RSO Class A Product Hits LA Market
Vancouver developer is testing investor appetite for newly built, rent-control-exempt apartments in one of Los Angeles’ most supply-starved submarkets. A Vancouver-based developer is...
Jacobson Equities Lands 107-Unit Haven Poway From Pacific Urban Investors For $38.8MM
The Southern California investor enters one of San Diego County’s most supply-constrained multifamily submarkets with a value-add play priced below the seller’s 2022...
Irvine Co. Trades 842-Space Garage for 184-Unit Luxury Tower at Fashion Island in Newport Beach
The master-planned developer is converting underused parking at 800 San Clemente Drive into the eighth and final building of its 708-unit Villas at...
NP Illinois Bets on Boutique Scale With $20.5MM Lumina in San Diego’s North Park
A 65-unit infill project from Falcon Co.’s San Diego affiliate carves out a middle lane between ultra-luxury towers and aging stock, targeting renters...
