ERG Commercial Real Estate recently sourced a $4.65-million refinance loan on 150 W. 36th St., a Midtown Manhattan office building. The five-story, 13,000-square-foot building, with ground-floor retail, is located between Sixth and Seventh avenues... Read more »
CBRE Capital Markets’ Debt & Structured Finance group secured a $37.75-million loan to refinance 101 Redwood Shores, a Class A office building located in Redwood City. EVP Mike Walker and Brad Zampa of CBRE’s Northern California Capital Markets Institutional Properties... Read more »
Kennedy Wilson Brokerage arranged a 5,600-square-foot lease at 909 S. Santa Fe Ave. in the Arts District neighborhood of Downtown Los Angeles. Online electronic music streamer Beatport will take over the creative office space... Read more »
Jack Resnick & Sons secured lease renewals totaling 20,000 square feet with two tenants at 8 W. 40th St., its boutique 22-story office building in Midtown Manhattan’s Bryant Park neighborhood. In the larger of the two transactions, Middlegate Securities will... Read more »
Drawbridge Realty has acquired 2220 Colorado Ave., a 225,773-square-foot headquarters building in Santa Monica’s Silicon Beach neighborhood, for a reported $185 million. The building is 100% triple-net leased to Universal Music Group... Read more »
Creative Media & Community Trust has turned the top floors of an office building in Mid-Wilshire into luxury apartments. The Dallas-based real estate investment trust, a publicly traded unit of CIM Group,... Read more »
CMCT, a REIT operated by affiliates of CIM Group, completed the conversion of the top two floors of a three-story, approximately 143,000-square-foot office building at 4750 Wilshire Blvd. into 68 luxury apartment... Read more »
Worthe Real Estate Group, in collaboration with Stockbridge, closed on a $475-million fixed-rate securitized mortgage to finance Second Century, the recently completed 800,000-square-foot office project leased to Warner Bros. in the Burbank Media District.... Read more »
CBRE recently negotiated the sale of the Tower Office Plaza in Temecula for $13.8 million to Level Asset Capital. Matt Pourcho, Anthony DeLorenzo, Matt Harris and Bryan Johnson of CBRE’s Investment Properties represented the seller, Providence Real Estate Group.... Read more »
The owners of New American Funding bought a 208,300-square-foot office tower in Santa Ana for $31 million — or $23 million less than what it traded for five years ago. An unidentified... Read more »