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LONG BEACH, CA-The $137,500 per unit represents a record for buildings of the same age in Long Beach, says the sales team representing the 1031 Exchange buyer as well as the seller of the 16-unit Ocean Boulevard property.
ALISO VIEJO, CA-Snyder Langston wraps up work on the 177,000-sf first phase of Shea Properties' Vantis development, which is 70% occupied by Safeco Corp. The five-story building has the attention for now, but there's some talk of a build-to-suit neighbor.
IRVINE, CA-The 10-year loan provides permanent financing for the newly completed Pacific Life & Annuity Building, a development of Layton-Belling & Associates. Pacific's lease secures the 132,064-sf building for the next decade.
HOLLYWOOD, CA-The historic Hillview Apartments, a long-neglected former home to the stars, is getting a full-body treatment by a partnership investing $10.7 million into making over the 54-unit property along Hollywood Boulevard.
CYPRESS, CA-The 292,223-sf package consists of Cypress Pointe Office Park, a five-building complex along Corporate Avenue, and Cypress Corporate Plaza, a lone structure along Holder Street. The 96%-leased portfolio is filled with strong credit tenants.
MOORPARK, CA-The new owners relocated from nearby Newbury Park to the former Kretek International headquarters at 5069 Maureen Lane, a 40,000-sf office building loaded with extras that came with a warehouse.
YUCAIPA, CA-Metropolitan Funding says construction of the 84-bed facility will begin soon and will be completed in about 18 months. When the project's stabilized, the interest-only financing rolls into a 40-year, self-liquidating loan with 6.5% interest rate.
LOS ANGELES-A buyer from Northern California plans a major renovation at the property, which is well maintained but holds potential for a value-added play to push rent above the current $1,450 per month average.
LOS ANGELES-An LA-based investment group buys the 55,000-sf building at 3670 Wilshire Blvd., with plans for a combination of office, retail and apartments. The buyer's handiwork at such undertakings can be found at the Hollywood News Building.
MIRA LOMA, CA-The Upland-based developer begins work on Eastvale Gateway, one of the largest centers under development in the Inland Empire. The project neighbors Lewis' 732-unit Homecoming at Eastvale apartment complex.
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Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource