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 »
The CBRE team of Jeff Dunne, Steve Bardsley and Travis Langer, in collaboration with Brannan Knott and Chris Bodnar of CBRE’s U.S. Healthcare Capital Markets, represented the seller, Summer Street Properties, LLC... Read more »