CVS Acquisition Brings Placentia Retail Center Under Sole Ownership

CVS Acquisition Brings Placentia Retail Center Under Sole Ownership

NewMark Merrill Companies has acquired the CVS Pharmacy building within Placentia Town Center, a 142,666-square-foot retail center located on the southwest corner of Yorba Linda Boulevard and Kraemer Boulevard in Placentia, California. Deal... Read more »
TRC Retail Pays M for La Cañada Town Center

TRC Retail Pays $66M for La Cañada Town Center

Newport Beach-based mall landlord TRC Retail has closed a $66 million acquisition in upscale La Cañada Flintridge, The Real Deal has learned.  TRC bought the La Cañada Town Center, a 115,000-square-foot mall... Read more »
Retail reverse mortgage production took a hit in January

Retail reverse mortgage production took a hit in January

While reverse mortgage volume in 2024 got off to a rocky start, new data that breaks out retail Home Equity Conversion Mortgage (HECM) endorsements versus wholesale production showed that it was the... Read more »
CVS Acquisition Brings Placentia Retail Center Under Sole Ownership

Providence Group Sees Strong Retail, Hospitality Momentum

Charlotte-based The Providence Group executed 22 retail transactions totaling more than 250,000 square feet in more than 20 markets across the Carolinas. In 2023, The Providence Group executed more than 180 retail... Read more »
Pacific Equity Scores 5M Loan on Malibu Retail Project

Pacific Equity Scores $135M Loan on Malibu Retail Project

Pacific Equity Partners has scored a $135 million loan to refinance Cross Creek Ranch, a large Malibu retail and office development slated to open this year.  Torchlight Investors provided the five-year loan,... Read more »
In Downtown LA, Back-to-Office Decision Involves Retail

In Downtown LA, Back-to-Office Decision Involves Retail

In Downtown Los Angeles, one out of four offices sits empty. But landlords have come up with a sweetener to help draw tenants back to their cubicles: ground-floor retail. Downtown property owners... Read more »
Reverse mortgage retail originations beat wholesale numbers in 2023

Reverse mortgage retail originations beat wholesale numbers in 2023

The reverse mortgage industry already knew that Home Equity Conversion Mortgage (HECM) endorsement volume in 2023 was cut nearly in half compared to 2022, but new data shows that the decline was... Read more »
Retail real estate ‘under invested in’ and outlook is strong, says Nuveen’s Carly Tripp

Retail real estate ‘under invested in’ and outlook is strong, says Nuveen’s Carly Tripp

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Closing Bell: Overtime Carly Tripp, Nuveen Real Estate Head of Investments, joins ‘Closing Bell Overtime’ to talk pending home... Read more »
CVS Acquisition Brings Placentia Retail Center Under Sole Ownership

Developer Snags Retail, Office Building at Huge Discount

A joint venture of Farpoint Development and MCZ Development is under contract to pay a little more than $20 million for a retail and medical office building. The move to swoop in... Read more »
CVS Acquisition Brings Placentia Retail Center Under Sole Ownership

MMCC Arranges $96M Loan on Trio of Retail Centers

Marcus & Millichap Capital Corporation (MMCC) arranged $96,025,000 for the refinancing of three multi-tenant retail centers located in North Hollywood, Bakersfield, and Ventura. Zack Metzner, Daizy Gomez and Linsey Farrahi, based out... Read more »