Los Angeles

With a bevvy of new entrants into the senior housing market, capital providers are looking for experience.

Located in Dorchester, the property is across the street from the 20-acre site of the former Bayside Expo Center. Accordia Partners and Ares Management were selected by the University of Massachusetts earlier this year to develop the Bayside Expo Center site.

Advanced Real Estate Services refinanced the 320-unit Highland Pinetree Apartments at an interest rate of 3.74%.

Irvine has the fastest growing baby boomer population in the state, while San Francisco has the biggest population.

The biggest gainer within the top 10 cities was Midtown Manhattan in New York City, which climbed to the fourth most expensive market this year from the sixth last year.

The two firms will recapitalize 520 Broadway, a creative office building in Downtown Santa Monica.

Despite significant new apartment deliveries in Los Angeles, the vacancy rate has increased nominally and rents have remained at all-time highs.

Online grocery sales are driving an increased need for cold storage facilities, and so far, California is leading the nation.