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Ohana Acquires 5-Diamond Dana Point Resort for $497M
News 18 hours ago
Ohana Acquires 5-Diamond Dana Point Resort for $497M

Ohana Real Estate Investors has acquired Orange County’s landmark five-diamond Monarch Beach Resort for $497 million ($1.24 million per room) from...

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CBRE’s Lew Horne Looks to 2020 and beyond…
News 1 day ago
CBRE’s Lew Horne Looks to 2020 and beyond…

The Golden State is a like a country unto itself and a critical part of a national economy. No one knows that better than CBRE’s Lewis “Lew” Horne....

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Iconic Southern Rock Studio Reopens in Georgia
News 3 days ago
Iconic Southern Rock Studio Reopens in Georgia

Capricorn Sound Studios in Macon, which helped propel the Allman Brothers Band, Otis Redding and other groups to worldwide prominence, has been...

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Virtú Acquires Warner Center Multifamily Development from Cityview for $71M
News 5 days ago
Virtú Acquires Warner Center Multifamily Development from Cityview for $71M

Northern California-based Virtú Investments LLC has acquired Mira, a 174-unit multifamily community in LA’s San Fernando Valley from Cityview for ...

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JV Refi’s 650 Madison for $800M
News 5 days ago
JV Refi’s 650 Madison for $800M

The joint venture that owns 650 Madison Ave., an office and retail property that houses the headquarters of Polo Ralph Lauren, has refinanced the...

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SteelWave Acquires El Segundo Office Building for Nearly $64M
News 6 days ago
SteelWave Acquires El Segundo Office Building for Nearly $64M

SteelWave has acquired a 151,000-square-foot El Segundo office building at 2160 Grand Ave. for $63.5 million (or $420-per-square-foot) from Griffin...

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NAIOP SoCal Silver Shovel Bragging Rights Go to Cardinal and Gold
News 6 days ago
NAIOP SoCal Silver Shovel Bragging Rights Go to Cardinal and Gold

The rivalry is legendary, and 2019 bragging rights go to USC! Alumni pride aside, NAIOP SoCal’s annual UCLA vs USC Real Estate Competition is...

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Walgreens, UnitedHealth Partner on Medicare Centers
News 6 days ago
Walgreens, UnitedHealth Partner on Medicare Centers

UnitedHealthcare®, the health benefits business of UnitedHealth Group, and Walgreens will open 14 UnitedHealthcare Medicare services centers within...

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Multifamily Remains Strong Overall, Investors Concerned About Recession
News 6 days ago
Multifamily Remains Strong Overall, Investors Concerned About Recession

CBRE’s Dan Blackwell weighs in on the Orange County multifamily market for the third quarter. Two key topics he touches on are interest rates and...

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530 Seventh Adds Tenants in Tech, Creative Media
News 6 days ago
530 Seventh Adds Tenants in Tech, Creative Media

In line with the repositioning of 530 Seventh Ave. as a Fashion District hub for office, technology and creative media tenants, Savitt Partners’...

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Postal Realty Trust Bulks Up with 113-Property Buy
News 6 days ago
Postal Realty Trust Bulks Up with 113-Property Buy

Postal Realty Trust (PSTL) closed on the remaining 91 properties of the 113-property U.S. Postal Service Portfolio acquisition announced on Oct. 7....

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LPC, Barings Break Ground on 345K-SF Industrial Development in Bellingham
News 6 days ago
LPC, Barings Break Ground on 345K-SF Industrial Development in Bellingham

Lincoln Property Company, in partnership with global financial services firm Barings, has broken ground on Lincoln Logistics 36, a 345,000-square...

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Retailer Everlane to Open Location in Boston’s Seaport
News 6 days ago
Retailer Everlane to Open Location in Boston’s Seaport

Direct-to-consumer retailer Everlane has announced plans to open a location in Boston’s Seaport District in Spring 2020. The retailer currently has...

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Fifield Promotes Lindsey Senn, Six Others
News 6 days ago
Fifield Promotes Lindsey Senn, Six Others

Fifield Cos. recently promoted six executives and one associate and added a new senior associate. Among those promoted were SVP Lindsey Senn, now...

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Green Courte Closes Fifth Fund at $541M
News 6 days ago
Green Courte Closes Fifth Fund at $541M

Private equity firm Green Courte Partners closed its fifth investment fund, Green Courte Real Estate Partners V (GCREP V), with total capital...

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North Wells Capital Breaks Ground on River North Expansion
News 6 days ago
North Wells Capital Breaks Ground on River North Expansion

North Wells Capital, the investment affiliate of Chicago-based Urban Innovations Ltd., broke ground recently on an expansion/rehabilitation at 306...

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Hudson Companies Signs TAMI Tenant in East Williamsburg
News 6 days ago
Hudson Companies Signs TAMI Tenant in East Williamsburg

The Hudson Companies recently arranged a 3,600-square-foot, five-year lease with digital branding agency Moving Image & Content (MI&C) at The...

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$100M Project Will Extend Greenway from Upper East Side
News 6 days ago
$100M Project Will Extend Greenway from Upper East Side

City officials recently commemorated the start of construction on the East Midtown Greenway (EMG), a new waterfront public open space. The project,...

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Wilshire Quinn Lends on Chatham Retail Buy
News 6 days ago
Wilshire Quinn Lends on Chatham Retail Buy

Wilshire Quinn Capital’s private lending fund, the Wilshire Quinn Income Fund, recently provided a $6.4-million acquisition loan on 87th Street...

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Watson Land “Tilting” Final Phase of 5.1M-SF Chino Master Plan
News 6 days ago
Watson Land “Tilting” Final Phase of 5.1M-SF Chino Master Plan

Watson Land Company is building two new Class A industrial buildings to begin the final 1.1-million-square-foot build of Watson Industrial Park –...

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Berkadia Secures $121M Acquisition Loan for Tampa Office Portfolio
News 6 days ago
Berkadia Secures $121M Acquisition Loan for Tampa Office Portfolio

Berkadia has secured a $121.5 million acquisition loan for a six-property office portfolio in Tampa’s downtown. The 833,705-square-foot portfolio...

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3PL Provider Leases Hodgkins Cold Storage
News 6 days ago
3PL Provider Leases Hodgkins Cold Storage

CBRE’s Steve Livaditis recently represented Frozen Assets LLC and IAC Properties in a 98,668-square-foot lease of a freezer facility at 6800 Santa...

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Cove’s Hudson Commons Lands $724M Blackstone Financing
News 6 days ago
Cove’s Hudson Commons Lands $724M Blackstone Financing

Cove Property Group closed on a $724.2-million financing for Hudson Commons, its redevelopment at 441 Ninth Ave. in Manhattan’s Hudson Yards...

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Verdex Construction Breaks Ground on Holiday Inn Express Doral
News 6 days ago
Verdex Construction Breaks Ground on Holiday Inn Express Doral

West Palm Beach-based Verdex Construction has broken ground on a new Holiday Inn Express hotel in Miami’s Doral submarket. The five-story structure...

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Vedura Unveils Plans for Elevation at the Village
News 6 days ago
Vedura Unveils Plans for Elevation at the Village

Vedura Residential announced plans to develop its second apartment project in Gilbert, AZ’s SanTan Village mall area. The Scottsdale, AZ developer...

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AAON Awarded Incentive Package for Facility Expansion
News 6 days ago
AAON Awarded Incentive Package for Facility Expansion

Newmark Knight Frank helped secure economic incentives for AAON Inc. for expansion of its manufacturing facility in Longview, TX. AAON, a heating...

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Abacus Capital Acquires 284-Unit Renton MF for Nearly $60M
News 6 days ago
Abacus Capital Acquires 284-Unit Renton MF for Nearly $60M

An affiliate of New York-based Abacus Capital Group LLC acquired The Renton Sage, a 284-unit garden-style multifamily property in Renton, WA, from...

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WAK Management Ends Two-Decade Hold on Apartments at Fountains Corner
News 6 days ago
WAK Management Ends Two-Decade Hold on Apartments at Fountains Corner

WAK Management ended its 20-year hold on the Apartments at Fountains Corner, a 418-unit apartment complex in Fort Worth. The Lewisville, TX-based...

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Safehold Closes on Ground Lease at 425 Park
News 6 days ago
Safehold Closes on Ground Lease at 425 Park

Safehold Inc. closed on its previously announced acquisition of the ground lease at 425 Park Ave. for approximately $620 million. The seller was...

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Westside Advice: Go Small or Wait for Next Cycle
News 6 days ago
Westside Advice: Go Small or Wait for Next Cycle

By Dennis Kaiser Los Angeles’ Westside remains on just about every investor or developers “must have” market lists. Yet, that high demand is...

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