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 TOP STORY
HEMET, CA-The project is a new 126,616-square foot medical office complex called the Hemet Center for Medical Excellence.
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| REAL ESTATE SOUTHERN CALIFORNIA ONLINE | ||
| EXPERT OPINION:
Govt. Cash Grant Overview forRenewable Energy Projects The US Treasury Department revealed its cash grant program to subsidize renewable energy projects, but there are rules to follow. |
Multifamily Feature:
What Capital Sources WantThe market is highly inefficient, and locating capital demands a lot of ground work. |
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BLOG: PRACTICAL COUNSEL
EXPERT OPINIONS
GlobeSt.TV:
LOS ANGELES-Dean Zander, a partner at Hendricks & Partners, speaks with GlobeSt.com’s Ian Ritter at RealShare Apartments...SECTOR WATCH
Expansions Stand Out in Renewal MarketSAN DIEGO-Expansions are the exception, but a law firm here grows by 25,000 square feet, a Texas healthcare firm by 24,000 square feet and a high-tech firm by 23,000 square feet.
INDUSTRIAL
• Capital Real Estate, Western Holdings Merge• FDIC Seizes, Sells Cal National, Eight Others
• Buyers Close on 68,000 SF at Business Park
MULTIFAMILY
• 41 Condos in Receivership Go to Auction• Forty55 Lofts Bought for $46M
• Apartment Deals Top $28M, Include REO
OFFICE
• Greg Gill Heads New Lee & Associates Office• Office Tenants Ink Deals for 97,000 SF
• Abbey Co. Buys 465,000-SF Project for $31M
RETAIL
• CBRE Forms New Retail Alliance With EWB• American Apparel To Expand 'Cautiously'
• Experts: Downtown L.A. Renaissance Not Over
HOTEL
• $35M Hotel Sale Ranks Tops in County• Rare Infill Parcel Near Beach Goes to Market
• Supervisors Approve Tejon Ranch Project
NET LEASE
• Macerich Sells Kohl's Properties for $51M• VIDEO: Haddigan Pinpoints Distressed Assets' Myths
• VIDEO: CBRE’s Horne Sees a Two-Year Recession
AROUND THE NATION
GGP Likely To Emerge From Bankruptcy This YearCHICAGO-GGP has reached an agreement with lenders to restructure $8.9 billion of secured mortgage loans, with an average maturity of 6.4 years.
HEADLINES
• Real Estate Forum: Real Estate 2.0 Is Here...Are You?
• LSRP Program Gears Up for Implementation
• NetLease Forum:
Shareholders Challenge CVS' Longs Buy
DEAL FOCUS
Solyndra Takes 500,000-SF Former HP FacilityFREMONT, CA-The locally based thin-film solar company leases a former HP facility here containing manufacturing, warehouse, lab, and office areas.
FINANCE
• Apartment Deals Top $28M, Include REO• Kennedy Wilson Raises $110M in Prospect Merger
• Lane Capital Buys $15M Note on 6300 Wilshire
DEVELOPMENT
• Experts: Downtown L.A. Renaissance Not Over• GlobeSt.TV: Job Growth Key to Recovery
• New 70,000-SF Retail Project Due for 2010 Debut
LEASING
• Office Tenants Ink Deals for 97,000 SF• CBRE Forms New Retail Alliance With EWB
• Forecast Underscores SoCal Multifamily Demand
SALES
• 41 Condos in Receivership Go to Auction• Forty55 Lofts Bought for $46M
• Abbey Co. Buys 465,000-SF Project for $31M
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COMMUNITY
'I don't believe we'll have a jobless recovery'
‘I don’t think currently what the Feds have in place is going to help much at all.’
'They have to reinvent themselves.'
‘Such projects take longer and require more money and the lenders have backed away from taking that kind of risk.’
‘Doom and gloom sounds like scorched Earth and the end of the world. I would have to say I wouldn’t go that far.’
CALENDAR OF EVENTS
FEATURED EVENT
December 1, 2009
RealShare Conference Series
RealShare Conference Series
DIRECTORIES
Real Estate Forum - May/June 2009
Real Estate Southern California - January/February 2009
Real Estate Southern California - November 2008
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