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COLLEGE STATION, TX--Berkadia has originated a $34.1 million loan for Woodlands of College Station, a student housing community in College Station. Managing director Jackson Cloak of the Irvine, CA office secured the financing through Berkadia's Fannie Mae Program.
We are six years into recovery and the national office vacancy rate is hovering somewhere around 15%. Is this the new equilibrium? Ten percent or under vacancy used to be the rationalized comfortable zone for relative supply-demand balance, but not many office markets can boast those numbers, especially out in the suburbs where much of the vacancy concentrates. Now, spec projects ramp up in many downtown markets beyond the relatively safe 24-hour cores like in…
LOS ANGELES—The Los Angeles County Board of Supervisors votes 4-1 to approve a new Antelope Valley Area Plan, which will rezone an unincorporated area of Los Angeles County to guide development and conservation.
LADERA RANCH, CA—Analyst RBC Capital Markets revises its estimates and raises its target from $74 to $76 for the company due to larger than expected acquisition volume.
LOS ANGELES—After buying the massive retail property for $111 million last week, the Laurus Corp. announces plans to invest an additional $30 million in upgrades to the property, GlobeSt.com reports in this <b>UPDATE</b> to a previous story.
UPLAND, CA—In this EXCLUSIVE interview with R&B Machine's Mark Mahboubi about his company's growth and how San Bernardino County is a prime location for an aerospace supplier.