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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 amount. Senior handling director Aaron Rosenzweig and Senior director Dan Baker marketed the residential or commercial property on behalf of the seller, Steadfast Senior Living, and obtained the buyer, LTC REIT. The purchaser will retain Discovery Management as the ...

608K-SF Commitment is Largest Warehouse Lease in Northbay Market

Colliers organized a full-building lease of Interchange Logistics Center, a 608,251-square-foot circulation facility located at 5195 Fermi Dr. in Fairfield. The center is the biggest available storage facility and circulation building in Fairfield and the lease to TricorBraun marks the largest warehouse and circulation building lease within the Northbay Market (Solano/Napa) in the previous 2 years, ...

Latest Inland Empire Stories

CH Real Estate Secures Entitlements for $1.5 B Beaumont Development

CH Real Estate Partners (CHRP) has protected complete privileges for Beaumont Pointe, a 622-acre commercial and business advancement within the City of Beaumont. With an estimated cost of $1.5 billion at complete buildout, the project entailed a multi-year effort involving complete 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 arranged a $160-million loan for a master-planned neighborhood found in Rancho Mirage within Coachella Valley. The loan has a $27-million re-advance component for overall 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, encouraged 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 devoted to serving the business's institutional clients, announced 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 four 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 likewise owns an adjacent building at 11801 Teale St. The addition of this new structure will enable the company to produce 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 team led by Alex Kane, Joe Giordani, Brendan Golding and Alvin Cao arranged funding for a $109-million portfolio including three multifamily communities in Orange and Los Angeles Counties. The group organized financing on behalf of the customer, Advanced Real Estate, through a reporter relationship with Freddie Mac. All 3 transactions were structured on 10-year terms with eight ...

Elion Makes Buena Park Warehouse Purchase From AEW

Cushman & Wakefield arranged the sale of 2 commercial buildings amounting to 274,170 square feet at 6250 and 6270 Caballero Blvd. in Buena Park. The company's Jeff Chiate, Rick Ellison, Matt Leupold, Aubrie Monahan and Jeff Cole represented the seller, AEW, and procured the purchaser, Elion. A Cushman & Wakefield Equity, Debt & Structured Finance team, ...

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 finished the $26,250,000 acquisition of Spectrum Tech Center, a prime industrial and flex residential or commercial property located at 4820 Overland Ave. and 9112 Spectrum Center Blvd. in the Kearny Mesa submarket of San Diego County. The brand-new owners will rebrand the residential or commercial property as Spectrum Logistics Center and strategy remodellings and possible enhancements. "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 . 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 house product that financiers highly seek after," stated Parsons. "Its successful sale is a ...

Latest Stories From

$170M FA Joins Osaic from Commonwealth

Financial consultant Joelle Spear, who manages 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 workplace 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 participated in a strategic collaboration to gear up PNC's financial advisors with MSCI Wealth Manager, an all-in-one digital platform that incorporates portfolio building, model management, advanced analytics, and client proposition generation. Built on MSCI's multi-asset class (MAC) danger design, MSCI Wealth Manager enables advisors to quickly evaluate portfolio threats by ...

Merit Acquires $225M Florida Team Focusing On First Responder Clients

Merit Financial Advisors has obtained a specialized team from Second Half Financial Partners, LLC, adding $225 million in customer assets and developing its 5th Florida workplace. The Sebring-based group concentrates on offering investment and retirement techniques for Florida's first responders, consisting of firefighters and law enforcement experts. Mike Fitch, senior partner and bulk owner of Second ...

GoalVest Equity Capital Secures First Close for $50M Growth Fund II

GoalVest Equity Capital, the venture capital arm of GoalVest Advisory LLC, has completed the very first close of its GoalVest Venture Growth Fund II, targeting an overall raise of $50 million. With involvement from around 60 minimal partners, the initial close reflects strong investor self-confidence in GoalVest's disciplined method to growth-stage investing and its ability to ...
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