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 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 »
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 »
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 »
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 »
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 »
BOLOUR Associates Inc. has acquired a neighborhood retail strip center at 5151 W. Pico Blvd. in Los Angeles for $4.45 million. The center sits five miles west of a development site on which... Read more »
Marcus & Millichap arranged the sale of Centre City Plaza, a 14,260-square-foot multi-tenant retail property located in Escondido. The asset sold for $3,950,000. “The property was on the market for 30 days and received... Read more »
Anchor Point Capital, a commercial real estate advisory firm specializing in net lease properties nationwide, arranged the $12.2-million sale of Plaza Diamond Bar, a two-building property located in Diamond Bar. The transaction... Read more »
The Rillito Crossing Marketplace in Tucson has been sold to Prairie Hill Holdings. Epic Real Estate Partners and Centerbridge agreed to sell the 96,000-square-foot asset for $27.5 million. The property is anchored... Read more »