Posted on 12/17/20
Slate and Atalaya Provide $30M Mezz Loan for Former Cecil Hotel in Downtown LA
Slate Property Group and Atalaya Capital Management LP partnered in a joint venture to provide a $30 million mezzanine loan for the repositioning of the former . . .
Posted on 12/17/20
NorthMarq’s San Diego Office Presents Community HousingWorks with 2020 Community Giving Grant
Community HousingWorks (CHW), a nationally recognized 501(c)3 organization serving throughout California, was nominated by Eric Flyckt, managing director of NorthMarq’s San Diego office, to receive a . . .
Posted on 12/17/20
Rexford Industrial Acquires Industrial Properties for $110.6 Million
Rexford Industrial Realty, Inc. (NYSE: REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties located in Southern California infill . . .
Posted on 12/16/20
Dealpath Donates 10,000 Meals This Holiday Season
Dealpath, the leading software solution for real estate investment and portfolio management, is pleased to announce the donation of more than 10,000 meals to people in . . .
Posted on 12/15/20
Citybiz Interview with Charles Hadsell, CEO of ePropertyCare
Charles Hadsell is an accomplished executive with a proven 18+ year track record at leading technology companies
Posted on 12/14/20
Innovative Industrial Properties Expands Real Estate Partnership with PharmaCann at New York Property
SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated . . .
Posted on 12/9/20
Parallel Capital Partners Announces Support for Regional Charities
$100,000 Donation to Support Six Primary MarketsWith heightened economic and health concerns amid the COVID-19 pandemic, San Diego’s Parallel Capital Partners has announced it will donate . . .
Posted on 12/2/20
Grandbridge Adds West Coast Seniors Housing Investment Sales Team
Grandbridge Real Estate Capital is pleased to announce the addition of a leading seniors housing investment sales
Posted on 12/1/20
Chatham Lodging Trust Completes Opportunistic Sale of Residence Inn by Marriott San Diego Mission Valley
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust (NYSE: CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels, . . .
Posted on 11/24/20
Margaritaville Resort Palm Springs Opens Its Doors In The California Desert
Global lifestyle and hospitality brand Margaritaville and Davidson Hotels & Resorts debut Margaritaville Resort Palm Springs, a desert oasis located in the heart of Palm Spring's . . .
Posted on 11/17/20
Innovative Industrial Properties Expands Long-Term Real Estate Partnership with Kings Garden with Acquisition of New California Property
SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated . . .
Posted on 11/16/20
Steve Hollister Arranges $10M Refinance of TPO & East Otay Yard Storage via Correspondent Life Company Relationship
NorthMarq’s record of accomplishment continues in San Diego county with sixteenth financing in Otay Mesa Steve Hollister, senior vice president of NorthMarq’s San Diego office, arranged . . .
Posted on 11/16/20
Americas Highlights from RICS Global Commercial Market Survey, Q3 2020
Little change in the mood among occupiers over the past quarter at a headline level, though investment sentiment is somewhat less negative Q3 results show huge . . .
Posted on 11/12/20
San Diego City Council Unanimously Approves Tailgate Park Negotiating Agreement
San Diego City Council Approves Exclusive Negotiating Agreement with Padres Development Team, Allows for Important Next Step to Redevelop Tailgate ParkToday, the San Diego City Council . . .
Posted on 11/12/20
Cushman & Wakefield Senior Housing Arranges $13M Financing In Phoenix, Arizona
Cushman & Wakefield Senior Housing Capital Markets has arranged a $13M refinancing for The Palazzo, a 327-unit rental continuum community located in Phoenix, Arizona. The property . . .
Posted on 11/9/20
Allrise Capital Acquires Full Ownership of Mixed-Use Real Estate Portfolio in San Francisco
Developable Value of Assets Surpasses $500 MillionAllrise Capital today announced that it has gained full control of a portfolio of mixed-use real estate properties and sites . . .
Posted on 11/9/20
Citybiz Interview with Manuela Seve, CEO and Co-Founder at Alpha'a
Alpha’a is an online, community-oriented platform offering tailor-made art collections for businesses across
Posted on 11/6/20
EJF Capital and Holland Partner Group Joint Venture to Acquire and Operate Two Buildings in Downtown Vancouver, WA
ARLINGTON, Va.--(BUSINESS WIRE)--EJF Capital LLC and Holland Partner Group today announced that they have formed a joint venture to acquire and operate two adjacent six-story buildings in downtown . . .
Posted on 11/6/20
Eagle Four Partners and Lyon Living Acquire the Newport Beach Marriott Hotel & Spa
Eagle Four Partners, LLC and Lyon Living announce today the acquisition of the Newport Beach Marriott Hotel & Spa located in Newport Center adjacent to Fashion . . .
Posted on 11/5/20
REITs With California Exposure Stand To Gain After Prop 15 Falters - Mizuho
Expect REITs in California, especially those with office market exposure, to outperform today as the state's Proposition 15 apparently failed, writes Mizuho Securities USA analyst Omotayo . . .
Posted on 11/3/20
$42.5-Million Apartment Building in Central Valley Sold by The Mogharebi Group
VISALIA, Calif.--(BUSINESS WIRE)--The Mogharebi Group has completed the sale of Oak View Apartments, a 237-unit community, in Visalia. The property sold for $42,500,000 with multiple offers. Alex . . .
Posted on 11/3/20
NorthMarq Arranges Sale of Golden Heights Terrace in San Diego, California
Erik Anderson and Kyle Pinkalla of NorthMarq’s San Diego – Investment Sales team, arranged the $6.525 million sale of Golden Heights Terrace. The 27-unit multifamily property . . .
Posted on 10/29/20
Berkadia Secures JV Equity Partner for Orange County Residential Community
Berkadia today announced that it has secured a joint venture equity partner for Legacy Partners to build 651 Sunflower in Santa Ana, California. The five-story, 263,754-square-foot . . .
Posted on 10/29/20
FCPT Acquires a Wendy’s Property from Washington Prime Group for $1.2 Million
MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties, is pleased to . . .
Posted on 10/28/20
Rexford Industrial ACQUIRES Industrial Property for $15.5 Million
Rexford Industrial Realty, Inc. (NYSE: REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties located in Southern California infill . . .
San Diego
