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San Diego skyline
CommercialFinanceIndustry NewsResidentialSan Diego

Kennedy Wilson’s Vintage Housing Buys Foreclosed 177,000 SQFT 610 West Ash Tower From A10 Capital for $26MM, Eyes Residential Conversion

Kennedy Wilson's Vintage Housing has acquired the 19-story, 177,489-square-foot office tower at 610 West Ash Street in San Diego's Little Italy from lender...

San Diego
FinanceIndustry NewsResidentialSan Diego

PCCP Lends $41MM to Foulger-Pratt to Refinance 125-Unit Tenney North Park in San Diego

Foulger-Pratt has retired the construction loan on its newly delivered, eight-story Tenney North Park apartment building on El Cajon Boulevard with a $41...

Rancho Cucamonga, California
FinanceIndustrialIndustry NewsInland Empire

Barings Lends $138.6MM to Hillwood to Refinance Fully Leased 656,000 SQFT Speedway Commerce Center in Rancho Cucamonga

Hillwood has replaced a 2022 construction loan with a $138.6 million first mortgage from Barings on its two-building Speedway Commerce Center in Rancho...

Apartment building
FinanceResidential

Apollo Takes Two-Thirds Stake in $2B, 7,059-Unit UDR Apartment Portfolio Through $1.34B Joint Venture

UDR is moving 19 apartment communities into a $2 billion joint venture in which Apollo-managed funds will invest $1.34 billion for a roughly...

Financing graphic
FinanceIndustrialIndustry NewsLos Angeles

Borstein Enterprises Lands $72.5MM Refinancing on 507,000 SQFT Alameda Business Centre in Los Angeles

The longtime owner tapped Bank of America for fresh debt on a four-building industrial campus it has held since developing the site nearly...

a rendering of an apartment with furniture
FeaturedIndustry NewsLos AngelesOrange CountyResidential

Irvine Leads Southern California in Apartment-Size Gains as Los Angeles Floor Plans Shrink

Irvine recorded one of the largest increases in apartment size of any city in the country over the past decade, widening the gulf...

Costco warehouse
FinanceIndustry NewsLos AngelesRetail

Costco Acquires 195,000 SQFT Costco Plaza in Alhambra from Kimco for $58.9MM

Kimco Realty has sold the six-building Costco Plaza in Alhambra to its anchor tenant, Costco Wholesale, in the center's first-ever ownership change since...

Trucks by warehouse
FinanceIndustrialIndustry NewsLos Angeles

Travelers Club Luggage Buys 151,000 SQFT Santa Fe Springs Distribution Center from Ares for $51MM

Travelers Club Luggage has acquired the Class A GLP Mid-Counties Distribution Center in Santa Fe Springs from Ares Management for $51.3 million, an...

Overhead shot of containers stacked along a grid
FinanceIndustrialIndustry NewsInland EmpireLeasingSan Diego

WareSpace Grabs 441,000 SQFT Portfolio From Blackstone’s Link Logistics, Planting Flags in San Diego and the Inland Empire

WareSpace closed its first portfolio-level acquisition, paying an undisclosed sum for a five-building, 441,000-square-foot collection sold by Blackstone's Link Logistics, and pushing its...

Locked self storage unit.
AECCommercialFinanceIndustry NewsLos Angeles

Westport Properties Delivers 183,000 SQFT, 1,402-Unit Self-Storage Project in Covina on $8MM Former Church Site

Newport Beach-based Westport Properties has completed a four-story self-storage building at 529 Cutter Way in Covina, converting a former Faith Community Church of...

Apartment building
FinanceIndustry NewsInland EmpireResidential

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...

College student in a dorm
FeaturedFinanceIndustry NewsLos AngelesResidential

MJW Investments Launches Debut $100MM Student Housing Fund

Sawtelle-based MJW Investments is doubling down on student housing with its first institutional fund, targeting value-add assets near Tier 1 universities nationwide.

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