Breaking News

News  

Walker & Dunlop To Acquire Alliant Capital and Affiliates for Nearly $700M

Natalie Dolce |

The acquisition establishes an affordable housing powerhouse with $16-billion of total assets under management.

News  

Slate Grocery REIT Buys $390M Grocery-Anchored Portfolio

Natalie Dolce |

The portfolio comprises 25 properties and 3.1 million square feet in major metro markets across the United States.

NAA Files Suit Against CDC Over Eviction Moratorium; Seeks Stay

Erika Morphy |

The National Apartment Association and the New Civil Liberties Alliance hope to have a hearing as soon as October.

News  

Kaiser Pulls the Plug on Oakland HQ Project

Lisa Brown |

Kaiser Permanente has canceled its $900 million 29-story headquarters project encompassing 1.6 million square feet, where it was planning to relocate approximately 7,000 employees from seven East Bay offices.

News  

17-Property Portfolio Gets $992M in Financing

Lisa Brown |

Financing to the tune of $991.77 million was arranged for a 17-property portfolio totaling more than 7 million square feet across major US markets on behalf of CalSTRS and its advisor, PCCP.

Features  

Barings and B&Z Break Ground on 701 Rio

Lisa Brown |

701 Rio’s location has connectivity for professionals and new companies in the Austin market, says John Ockerbloom, Barings’ head of US real estate equity.

News  

Amazon at Apollo Gets New JV Ownership

Lisa Brown |

Amazon at Apollo, a 12-story creative office building totaling 317,804 square feet that is leased to Amazon on a long-term basis, has recently sold to a joint venture between Tristar Capital LLC and RFR Holding.

News  

Combined Acquisitions of $305M Reflect MG’s Belief in the Pacific NW

Lisa Brown |

MG Properties Group acquired two multifamily communities, the Pallas Apartments in Beaverton, OR and the Tivalli Apartments in Lynnwood, WA, for a combined total of more than $305 million.

Governor Newsom Signs Rent Cap

Lisa Brown |

Statewide rent cap, AB 1482 by Assemblyman David Chiu, D-San Francisco, will place an annual 5% plus CPI cap on rent increases and create new standards for evictions across California.

News  

Newsom Expects to Sign Rent Cap

Lisa Brown |

Assembly members voted 46-22 to limit annual rent increases at 5% plus inflation until 2030 but would not apply to housing built in the last 15 years, single-family homes not owned by corporations/trusts and duplexes where the owner lives in one unit.