Urban Stearns and Forbix have secured a $17.5 million loan to begin converting a 12-story office building in San Pedro into more than 200 homes. The Culver City- and Calabasas-based investors secured... Read more »
BH3 Management and F2 Capital have provided a $17.5-million bridge loan for Forbix and Urban Stearns’ conversion of Topaz Tower, a 12-story, 294,000 square-foot office building located in San Pedro. The developers have received entitlements... Read more »
A unique San Marcos apartment complex is almost ready for tenants. Named Flatz 512, the project is built beforehand in a factory and then shipped in pieces to the site to be... Read more »
Unibail-Rodamco-Westfield, the owner of 16 retail centers across the U.S., told investors that it has agreed to sell San Jose’s Westfield Oakridge Mall to an undisclosed buyer, reported the Silicon Valley Business... Read more »
Rexford Industrial Realty said it had acquired 5000 & 5010 Azusa Canyon Rd., Irwindale, located in the LA San Gabriel Valley submarket, through an off-market transaction for $84 million or $359 per square foot. The seller was not disclosed. The... Read more »
Managing directors Ed Rosen and John Chu and SVP Tyler Sinks have joined Northmarq’s multifamily investment sales platform in its San Diego office. The team was most recently with Berkadia, and collectively has completed nearly... Read more »
SAN FRANCISCO, CA—The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) today announced the launch of a new $1 million Tribal Nations Program that provides critically necessary infrastructure funding grants... Read more »
Calmwater Capital has provided a limited liability company called The One Investments DE with a $32.3 million loan, to help finish construction of an 81-unit project in San Gabriel, according to a... Read more »
San Bernardino County has bought a 115,500-square-foot office building for $26.8 million. The county, which had leased two floors on the premises, bought the four-story building at 451 East Vanderbilt Way, the... Read more »
The San Francisco housing market is among the most competitive and expensive in the United States. As a densely populated and highly sought-after urban area, the county’s real estate market is characterized... Read more »