Posted on 9/8/20
2020’s Best & Worst Places to Retire – WalletHub Study
With retirement-age Americans at greater risk for COVID-19 and only 24 percent of workers reporting that they are “very confident” they will have enough money for . . .
Posted on 9/3/20
Record-Breaking Apartment Sale of $14.45M in NorCal Sold by The Mogharebi Group
CORNING, Calif.--(BUSINESS WIRE)--The Mogharebi Group (TMG) has completed the sale of Spring Mountain, a 184-unit community that is located off the Interstate 5 in Corning, CA. . . .
Posted on 9/2/20
FCPT Announces Acquisition of a BJ’s Restaurant Property from Seritage Transaction for $3.1M
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 9/2/20
WeWork is Closing One of its 5 Philly Locations at the End of the Month
WeWork, the coworking giant with locations across the globe and major hubs in New York and California, will be
Posted on 8/25/20
2020’s Best Real-Estate Markets – WalletHub Study
With mortgage rates hitting record lows but consumers struggling financially due to COVID-19, the personal-finance website WalletHub today released its report on 2020’s Best Real-Estate Markets, . . .
Posted on 8/24/20
3 Reasons I Just Bought Innovative Industrial Properties
Innovative Industrial Properties (NYSE:IIPR) offers all the positives of investing in marijuana with few of the negatives.There are plenty of growth possibilities in cannabis. More and . . .
Posted on 8/19/20
Sunrise Management Expands San Diego County Presence
San Diego-Based Firm Adds Eight Multifamily Properties Locally Expanding its hometown presence, San Diego-based Sunrise Management, which has specialized in managing multifamily properties since 1978, has . . .
Posted on 8/17/20
Marriott International Debuts JW Marriott, Anaheim Resort
ANAHEIM, Calif.--(BUSINESS WIRE)--JW Marriott, part of Marriott International, Inc., announces the opening of the JW Marriott, Anaheim Resort set to take place on Wednesday, August 19, . . .
Posted on 8/17/20
Industry Leader Bill Grice Joins CBRE Hotels as Co-Head Hospitality Capital Markets
CBRE announced today that Bill Grice has joined CBRE Hotels as Executive Vice President and Co-Head of Hospitality Capital Markets. Based at the firm’s Atlanta office, . . .
Posted on 8/14/20
Maria Hawthorne to Retire as CEO of PS Business Parks
GLENDALE, Calif.--(BUSINESS WIRE)--PS Business Parks, Inc. (NYSE:PSB) today announced that Maria R. Hawthorne will retire as President and Chief Executive Officer of the Company, effective September . . .
Posted on 8/14/20
Realty Income Shares Have Gone Nowhere For 4 Years
On Aug. 3, 2016, I wrote an article with the title "Realty Income Corporation: Even More Extravagantly Overpriced."Since that date, Realty Income shares have lost 12.2% . . .
Posted on 8/17/20
Interview with Babak Movassaghi, CEO at InfiniteMD
Telehealth is certainly a complex and evolving industry, especially over the past few months. Due to COVID-19, now more than ever, elite clinical teams are being sought . . .
Posted on 8/12/20
FCPT Acquires Tires Plus Property for $2.2M
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 8/10/20
Why Innovative Industrial Properties Stock Surged 18% in July
What happenedShares of Innovative Industrial Properties (NYSE:IIPR) jumped 18.4% last month, according to data provided by S&P Global Market Intelligence, after the real estate investment trust . . .
Posted on 8/7/20
Innovative Industrial Properties (IIPR) Stock Gains 4% on Strong Earnings Report
Innovative Industrial Properties (NYSE:IIPR), a cannabis industry-focused real estate investment trust (REIT), reported strong second-quarter 2020 results after the market close on Wednesday. Investors were pleased . . .
Posted on 8/7/20
Innovative Industrial Properties Shoots 3.9% Higher on In-Line Q2 Results
Innovative Industrial Properties (NYSE:IIPR), the only real estate investment trust (REIT) on the market catering specifically to the needs of the cannabis industry, saw sharp rises . . .
Posted on 8/6/20
Marcus & Millichap Appoints Steve DeGennaro CFO
Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the appointment of . . .
Posted on 8/5/20
Parallel Capital Partners Announces New Systems, Protocols to Ensure Commercial Tenants’ Safety During Covid-19 Pandemic
First Commercial Buildings in Downtown Phoenix to Install Plasma Air Systems to Effectively Reduce Airborne Bacteria and VirusesOne Arizona CenterWith safety concerns amid the COVID-19 outbreak . . .
Posted on 8/5/20
Scantron Enters into Two Sale-leasebacks
JLL Capital Markets announced today that it has closed two office and industrial sale-leasebacks in two separate transactions for Scantron in Eagan, Minnesota, and Omaha, Nebraska, . . .
Posted on 8/5/20
Macy’s Backstage Opens 11 Stores on August 8, including Macy’s Wheaton
Macy’s will open Macy’s Backstage at Wheaton on Saturday, August 8, joining Macy’s Backstage Bowie Town Center, Downtown Metro Center, Dulles Town Center, Fair Oaks, Lakeforest, . . .
Posted on 8/4/20
Lee & Associates Closes $6.5 Million Transaction in Van Nuys
A 1.2-acre site located adjacent to the 405 Freeway at the Roscoe Blvd. on-ramp has changed hands for $6.5 million. The seller, a prominent real estate . . .
Posted on 8/3/20
Realty Income Q2 FFO Beats; Collects 91.5% of July Rent
Realty Income (NYSE:O) collected 91.5% of contractual rent due for July across its total portfolio and 86.5% of rent due for Q2.Reinstates 2020 acquisition guidance of . . .
Posted on 8/2/20
FCPT Announces Acquisition of an Olive Garden Property and Adjacent Land for $5.5M
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 7/30/20
$49.7 Million Apartment Building in La Verne Sold by The Mogharebi Group
LA VERNE, Calif.--(BUSINESS WIRE)--The Mogharebi Group, (“TMG”) has completed the sale of Amber Ridge, a 147-unit community that is located on the historic Route 66 in . . .
Posted on 7/28/20
CGS3 Elevates Sean Gaffney to Partner
Expanding its partnership, Crosbie Gliner Schiffman Southard & Swanson LLP (CGS3), a Southern California-based
San Diego
