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Latest Bay Area Stories
LTC REIT Acquires Private-Pay Seniors Housing in Morgan Hill
JLL Capital Markets the sale of Loma Clara, an 89-licensed-bed, Class A seniors housing neighborhood in Morgan Hill, for an undisclosed quantity. 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 procured the buyer, LTC REIT. The purchaser will keep 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 facility is the biggest readily available storage facility and circulation structure in Fairfield and the lease to TricorBraun marks the biggest warehouse and circulation structure lease within the Northbay Market (Solano/Napa) in the past 2 years, ...
Latest Inland Empire Stories
CH Real Estate Secures Entitlements for $1.5 B Beaumont Development
CH Real Estate Partners (CHRP) has secured complete entitlements for Beaumont Pointe, a 622-acre commercial and commercial advancement within the City of Beaumont. With an approximated cost of $1.5 billion at full buildout, the job required a multi-year effort including complete CEQA compliance, a General Plan change, addition into the City and Beaumont-Cherry Valley Water District ...
Walker & Dunlop Arranges Financing on Coachella Master-Planned Development
Walker & Dunlop, Inc. has organized a $160-million loan for a master-planned neighborhood 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 debtor, 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 committed to serving the company'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 purchaser, a personal multifamily investment company "Among only 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 structure situated at 11811 Teale St. in Culver City from Therapy Studios. UNFOLD also owns a surrounding 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 award-winning 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 set up funding for a $109-million portfolio featuring three multifamily communities in Orange and Los Angeles Counties. The group arranged funding on behalf of the borrower, Advanced Real Estate, through a correspondent relationship with Freddie Mac. All 3 deals were structured on 10-year terms with 8 ...
Elion Makes Buena Park Warehouse Purchase From AEW
Cushman & Wakefield arranged the sale of two industrial buildings totaling 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 obtained the buyer, 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 brand-new owners will rebrand the residential or commercial property as Spectrum Logistics Center and strategy remodellings and potential improvements. "This transaction highlights both ...
Holland Partner Group Sells New-Build Apartments in Off-Market Deal
CBRE organized 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 kind of suburban Southern California core apartment or condo product that financiers highly search for," said Parsons. "Its effective 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 signed up with Osaic Wealth from Commonwealth Financial Network. Spear has actually released her own practice, Farmingham, MA-based Spear Wealth Management, and has joined IFG, an Osaic workplace of supervisory jurisdiction, the firm stated. She was previously a partner and monetary advisor at Commonwealth ...
MSCI, PNC Bank Partner to Deliver Digital Wealth Management Capabilities
MSCI Inc. and PNC Bank have actually participated in a strategic collaboration to gear up PNC's monetary consultants with MSCI Wealth Manager, an all-in-one digital platform that incorporates portfolio building, design management, advanced analytics, and client proposal generation. Built on MSCI's multi-asset class (MAC) threat model, MSCI Wealth Manager enables consultants to quickly assess portfolio risks by ...
Merit Acquires $225M Florida Team Focusing On First Responder Clients
Merit Financial Advisors has acquired a specialized group from Second Half Financial Partners, LLC, including $225 million in client assets and developing its fifth Florida workplace. The Sebring-based group focuses on offering investment and retirement techniques for Florida's first responders, including firefighters and police specialists. Mike Fitch, senior partner and bulk owner of Second ...
GoalVest Venture Capital Secures First Close for $50M Growth Fund II
GoalVest Venture Capital, the equity capital arm of GoalVest Advisory LLC, has actually finished the first close of its GoalVest Venture Growth Fund II, targeting a total raise of $50 million. With involvement from roughly 60 minimal partners, the initial close reflects strong financier self-confidence in GoalVest's disciplined approach to growth-stage investing and its capability to ...
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Spear has Launched her Own Practice
Addie McGowen edited this page 3 weeks ago