250 Montgomery Changing Hands for $200 Per SF
SAN FRANCISCO-Realty Finance Corp. sells the $47-million loan on the building for approximately $25 million. The borrower, Lincoln Property Co., will hand over the property in lieu of foreclosure.
SAN DIEGO—Consumers are spending more money on experiences than material goods, including their homes, which gives the CRE industry insight into future projects and planning, MasterCard’s Sarah Quinlan tells attendees at MBA’s CREF/Multifamily Housing Convention & Expo 2017.
SAN DIEGO—Speakers during the general session Monday at MBA’s CREF 2017 conference say that the blueprint for the future will focus on effective flow of capital, transformational technology, and on achieving meaningful diversity in our industry.
LOS ANGELES—Even without the boost of e-commerce, industrial is being propelled by tailwinds into the current year, Colliers’ James Breeze writes in the firm’s latest report on the sector.
IRVINE, CA—Impact fees can run developers upwards of $50,000 per lot in California, a fact that many home buyers don’t know, Developers Research principal Scot Oldham tells GlobeSt.com after he and his wife purchased the company.