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Latest Bay Area Stories
LTC REIT Acquires Private-Pay Seniors Housing in Morgan Hill
JLL Capital Markets completed the sale of Loma Clara, an 89-licensed-bed, Class An elders housing neighborhood in Morgan Hill, for a concealed quantity. Senior managing director Aaron Rosenzweig and Senior director Dan Baker marketed the residential or commercial property on behalf of the seller, Steadfast Senior Living, and acquired the buyer, LTC REIT. The buyer will maintain Discovery Management as the ...
608K-SF Commitment is Largest Warehouse Lease in Northbay Market
Colliers arranged a full-building lease of Interchange Logistics Center, a 608,251-square-foot circulation facility situated at 5195 Fermi Dr. in Fairfield. The facility is the biggest readily available warehouse and circulation building in Fairfield and the lease to the biggest warehouse and circulation building lease within the Northbay Market (Solano/Napa) in the previous two years, ...
Latest Inland Empire Stories
CH Real Estate Secures Entitlements for $1.5 B Beaumont Development
CH Real Estate Partners (CHRP) has actually secured complete privileges for Beaumont Pointe, a 622-acre industrial and commercial advancement within the City of Beaumont. With an estimated cost of $1.5 billion at complete buildout, the task involved a multi-year effort including full CEQA compliance, a General Plan modification, addition into the City and Beaumont-Cherry Valley Water District ...
Walker & Dunlop Arranges Financing on Coachella Master-Planned Development
Walker & Dunlop, Inc. has actually organized a $160-million loan for a master-planned community located in Rancho Mirage within Coachella Valley. The loan has a $27-million re-advance part for total profits of $187 million. Walker & Dunlop Capital Markets, led by Sean Reimer, Aaron Appel, Jonathan Schwartz, Keith Kurland, Adam Schwartz, Dustin Stolly, Ari Hirt and Christopher de Raet, recommended the customer, EC Rancho ...
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Latest Los Angeles Stories
IPA's Green, Grabiec and Harris Close Monrovia Apartment Sale
Institutional Residential Or Commercial Property Advisors (IPA), a division of Marcus & Millichap dedicated to serving the business's institutional clients, revealed today the sale of Oak Park, a 156-unit multifamily residential or commercial property in Monrovia. IPA's Kevin Green, Joseph Grabiec and Gregory Harris represented the seller, Goldrich Kest, and procured the buyer, a personal multifamily investment firm "One of just 4 100-unit multifamily communities ...
Digital Creative Agency Adds Second Building to Culver City Campus
JLL represented UNFOLD in the $11-million acquisition of a 13,110-square-foot ultra-creative office building located at 11811 Teale St. in Culver City from Therapy Studios. UNFOLD also owns a nearby structure at 11801 Teale St. The addition of this brand-new structure will permit the company to create a school environment for its group. UNFOLD is an acclaimed digital ...
Latest Orange County Stories
Northmarq Arranges $109M Freddie Mac Financing on SoCal Apartments
Northmarq's Newport Beach Debt + Equity group led by Alex Kane, Joe Giordani, Brendan Golding and Alvin Cao set up financing for a $109-million portfolio including 3 multifamily neighborhoods in Orange and Los Angeles Counties. The team arranged financing on behalf of the borrower, Advanced Real Estate, through a reporter relationship with Freddie Mac. All 3 deals were structured on 10-year terms with eight ...
Elion Makes Buena Park Warehouse Buy from AEW
Cushman & Wakefield set up the sale of 2 commercial structures totaling 274,170 square feet at 6250 and 6270 Caballero Blvd. in Buena Park. The firm's Jeff Chiate, Rick Ellison, Matt Leupold, Aubrie Monahan and Jeff Cole represented the seller, AEW, and acquired the purchaser, Elion. A Cushman & Wakefield Equity, Debt & Structured Finance group, ...
Latest San Diego Stories
Lincoln Residential Or Commercial Property, Brasa Acquire Kearny Mesa Industrial for Rebranding
Lincoln Residential Or Commercial Property Company and Brasa Capital Management completed the $26,250,000 acquisition of Spectrum Tech Center, a prime industrial and flex residential or commercial property situated at 4820 Overland Ave. and 9112 Spectrum Center Blvd. in the Kearny Mesa submarket of San Diego County. The new owners will rebrand the residential or commercial property as Spectrum Logistics Center and strategy renovations and potential improvements. "This deal highlights both ...
Holland Partner Group Sells New-Build Apartments in Off-Market Deal
CBRE set up the off-market sale of Folia, a 342-unit multifamily residential or commercial property at 12520 Camino Del Sur in San Diego, to an undisclosed purchaser. CBRE's Rachel Parsons, Derrek Ostrzyzek, Mike Murphy and Kenji Thomas represented the seller, Holland Partner Group. "The sale of Folia exemplifies the type of rural Southern California core home item that financiers extremely demand," said Parsons. "Its effective sale is a ...
Latest Stories From
$170M FA Joins Osaic from Commonwealth
Financial consultant Joelle Spear, who handles about $170 million in possessions under administration, has actually joined Osaic Wealth from Commonwealth Financial Network. Spear has actually released her own practice, Farmingham, MA-based Spear Wealth Management, and has signed up with IFG, an Osaic office of supervisory jurisdiction, the firm stated. She was formerly a partner and monetary consultant at Commonwealth ...
MSCI, PNC Bank Partner to Deliver Digital Wealth Management Capabilities
MSCI Inc. and PNC Bank have actually entered into a strategic collaboration to equip PNC's financial advisors with MSCI Wealth Manager, an all-in-one digital platform that incorporates portfolio building and construction, model management, advanced analytics, and client proposal generation. Built on MSCI's multi-asset class (MAC) threat design, MSCI Wealth Manager allows advisors to quickly evaluate portfolio risks by ...
Merit Acquires $225M Florida Team Focusing On First Responder Clients
Merit Financial Advisors has actually acquired a specialized group from Second Half Financial Partners, LLC, adding $225 million in client assets and establishing its 5th Florida office. The Sebring-based group focuses on offering investment and retirement methods for Florida's very first responders, including firefighters and police experts. Mike Fitch, senior partner and bulk owner of Second ...
GoalVest Venture Capital Secures First Close for $50M Growth Fund II
GoalVest Venture Capital, the venture capital arm of GoalVest Advisory LLC, has completed the first close of its GoalVest Venture Growth Fund II, targeting a total raise of $50 million. With involvement from approximately 60 restricted partners, the preliminary close shows strong financier confidence in GoalVest's disciplined method to growth-stage investing and its capability to ...
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Spear has Launched her Own Practice
Angie Sales edited this page 3 months ago