Adoni Property Group has acquired the 60,614-square-foot shopping center in Northern New Jersey’s Basking Ridge from Kushner Real Estate Group. JLL Capital Markets arranged the sale and secured $12.2 million in acquisition... Read more »
Here’s a problem I’ve heard in a hundred forms, though rarely this literal: Say you have a condo listing owned by a repeat client, a lovely gentleman in his late 70s, and... Read more »
Marcus & Millichap finalized the sale of 1990 Maple Ave., a 41-unit multifamily property in Costa Mesa. The property sold for $16.9 million or $412,195 per unit, approximately $550,000 above the property’s 2018 selling price. “Sundance West Apartment Homes presented a rare opportunity to acquire a low-density multifamily community... Read more »
Mosaic, a six-building retail property in downtown Long Beach, has traded for $30 million. Mosaic Promenade Holdings LLC, an entity tied to Los Angeles investor Homan Siman, bought the roughly 148,400-square-foot portfolio... Read more »
JLL Capital Markets closed the $25.75-million sale of 651 Martin Ave., a 7.17-acre infill industrial development site in Santa Clara. Senior director Erik Hanson and analysts Brendan Bury and Tasman Lynch. represented the... Read more »
Redcar Properties handed back the keys to creative offices located in Santa Monica to its lender, Bank OZK, according to a deed in lieu of foreclosure dated late March. The unpaid debt... Read more »
If you’re a California executor, trustee, or beneficiary dealing with creditor claims against an estate or trust, a recent appellate decision may significantly impact how those claims are handled—and which state’s laws... Read more »
Marcus & Millichap brokered the sale of Portage County Health Care Center, a skilled nursing and rehabilitation center located in Stevens Point, Wisconsin. The property sold for $2.7 million. “The facility will... Read more »
The embattled Grant King-helmed Relevant Group handed back the keys to a trendy Hollywood hotel to a lender, records reveal. LCP Group seized control of Dream Hollywood Hotel at 6417 Selma Avenue... Read more »
CBRE arranged the $26.5-million sale of La Roca Plaza, a 100-unit multifamily property located at 10032 N. Magnolia Ave. in Santee. Casa La Roca Apartments LLC acquired the property from La Roca Plaza... Read more »