Finance
City of Hope Receives $50MM Gift From Lennar Foundation to Build the Future of Cancer Care
The largest single contribution to City of Hope Orange County will establish Lennar Foundation Cancer Center to accelerate the vision of eradicating cancer...
Solstice Apartments in San Diego Sells for $7.7MM
SAN DIEGO, CALIFORNIA (March 31, 2021) – The NonrthMarq San Diego Investment Sales team consisting of Erik Anderson and Kyle Pinkalla, arranged the...
Plaza 1640 Apartments in San Diego Secures $18.35MM Freddie Mac Loan
(EDITOR’S NOTE: The subject property is the Plaza 1640 apartment community located at 1640 E. Plaza Blvd. in National City. The property was...
Merrill Gardens Rancho Cucamonga Obtains $31MM Refinance
SEATTLE, WASHINGTON (March 26, 2021) – Stuart Oswald, senior vice president/managing director of NorthMarq’s Seattle office, and Gordon Mickelson, senior director-debt and equity...
Henry Mayo Newhall Hospital in Santa Clarita Obtains $109.7MM Bond Financing for 357-Bed Hospital
CHICAGO, IL – MARCH 12, 2021 – Ziegler, a specialty investment bank, is pleased to announce the successful closing of the Henry Mayo Newhall Hospital (“Henry Mayo” or the “Hospital”) $109,690,000...
Waterford & CSCDA Acquire Oceanaire Apartments in Long Beach for $120MM
Newport Beach, CA (March 30, 2021) – A partnership of Waterford Property Company, a diversified real estate investment and development company, and the California...
$35MM in Construction-to-Permanent Financing Secured for The 1860 Apartments in LA’s Los Feliz Submarket
The Five-Story, 87-Unit Development Set to Deliver by Year End 2022 Los Angeles, Calif. (March 30, 2021) – Gantry, the largest independent commercial mortgage banking...
Multi-Tenant Office Building in Scripps Ranch Sells for $3.15MM
(EDITOR’S NOTE: The transaction came out to just under $184 per square foot.) San Diego – CBRE announced that a private, 1031 exchange buyer...
LA’s Koreatown Redevelopment Opportunity Sells for $2.9MM
JLL Capital Markets closed the $2.9 million sale of a covered land play with an existing storefront retail building in Koreatown NEWPORT BEACH,...
Intercontinental Real Estate Corp. Enters Los Angeles Industrial Market with $74MM Acquisition in Chatsworth
(EDITOR’S NOTE: According to public documents, the sale closed for $74 million, or just over $333 per square foot. The seller of the...
Thorofare Capital Closes $21.5MM Construction Loan for Van Nuys, California Self-Storage Facility
LOS ANGELES, March 25, 2021 — Thorofare Capital, Inc. (“Thorofare”), a nationwide commercial real estate lender and affiliate of alternative investment manager Thorofare...
LaSalle Investment Mgmt. Spends $74.4MM for Medical Office Building in Beverly Hills
Los Angeles, CA (March 25, 2021) — Newmark announces the $74.4 million ($1,496 per square foot) sale of a five-story medical office building located...
