West

The firm brokers the $71 million sale of an independent living facility and a rare garden-style apartment property.

The firm closed its European Real Estate Fund V oversubscribed at €1.78 billion, Ares largest fundraise to date.

A plaintiff cannot go to federal court without first going to state court, but if the case is lost there, the claim will be barred in federal court; the court overruled the state-litigation requirement because “the court was simply confused” about how the takings clause works.

New York-based Innovatus Capital Partners buys the class-A office property in Mesa, Arizona.

The rationales for owning retail properties have been capsized in the rising tide of red ink and markets need less of it and rents need to recalibrate down. So how will it all shake out?

A Jack-in-the-Box in Mission Viejo trades hands for $1,374 per square foot, the highest price in Southern California in the last 12 months.