Southern California
E&S Ring Lands $95.8MM Voya Refinancing for 1,461-Unit Southern California Apartment Portfolio
Family-owned E&S Ring Management has rolled six Southern California apartment communities, from Brentwood and Los Feliz to Victorville, into $95.8 million of new...
Blackstone’s Logistics Leasing Jumps 45% as Warehouses Shield Q3 Real Estate From Rate Shock
Blackstone reported that leasing across its U.S. logistics platform surged 45 percent in the third quarter, helping offset rate-driven markdowns in its opportunistic...
Prologis Holds 96.8% Occupancy in Southern California as Record Port Volumes Test Inland Empire Recovery
Prologis ended the third quarter with its 128.7 million-square-foot Southern California portfolio nearly full, betting that record September cargo at the Ports of...
Southern California Sheds 6.7MM SQFT of Office Stock as California Inventory Shrinks While Texas and Seattle Grow
Southern California led a statewide contraction in office stock over the past year, with Los Angeles, San Diego and Orange County together losing...
Los Angeles County Apartment Sales Slip 7% as 24,911-Unit Pipeline Pressures Lease-Ups
Los Angeles County’s apartment sales slipped in the third quarter even as the broader Southern California market rebounded, with a 24,911-unit construction pipeline,...
Pacific Industrial Taps Link Logistics Veteran Bud Pharris as CEO to Drive Western U.S. Expansion
Long Beach-based developer Pacific Industrial has hired Bud Pharris, who ran Blackstone-owned Link Logistics' nine-market West Region, as chief executive officer to steer...
SoCal Apartment Sales Surge 36% to $4.3 Billion as Rents Stall and Cap Rates Rise
Southern California apartment investors drove third-quarter sales to $4.32 billion even as rents stalled and cap rates climbed, a sign the region is...
Orange County Apartment Sales Nearly Triple to $1.1 Billion as Cap Rates Fall to 4.6%
Orange County’s apartment market posted a nearly threefold jump in quarterly sales volume and the region’s strongest rent growth in the third quarter,...
California Exports Climb 15% to $17.7 Billion as Diesel Costs at LA, Long Beach Ports Surge 61%
California shipped $17.696 billion in goods abroad in August, a 15.2 percent annual gain led by electronics and farm exports, Beacon Economics reports,...
Southern California Industrial Sale Prices Jump 16.8% in Q3 as Leasing Falls 40%
Southern California's industrial sale prices jumped 16.8 percent in the third quarter and asking rents edged higher, but a sharp pullback in leasing...
Former Glen Oaks Escrow Chiefs Scott Akerley and Jeff Russell Join Glendale’s Peak Escrow as Founders
Scott Akerley and Jeff Russell, the executives who led Pango Group as it grew Glen Oaks Escrow into one of California's largest independent...
Trepp: 41% of San Diego Multifamily Debt Matures Within Two Years, but Refi Outlook Holds
San Diego faces one of the heaviest multifamily loan maturity schedules in the West, with more than 41 percent of its securitized apartment...
