Industry News
Grosvenor Lists 72-Unit Condo-Mapped Glen Arbor Villas in LA’s Century City as British Dynasty Retreats from U.S.
Grosvenor has placed its condominium-mapped Glen Arbor Villas apartment complex in Century City on the market, extending a coast-to-coast retreat that has the...
Fluid Components International-Leased 66,976 SQFT Industrial Building in San Marcos Trades for $14.5MM
A private 1031 exchange investor has acquired a fully leased, single-tenant industrial building in San Marcos for $14.5 million, drawn to a property...
AI Data Center Market on Track to Hit $810.6B by 2033 as Enterprises Pour Capital Into Computing Infrastructure
A new Grand View Research study forecasts the global AI data center market will more than quintuple to $810.6 billion by 2033, with...
California Sends $11.25B Housing Bond to November Ballot, with $5.1B Aimed at Multifamily Development
California’s governor and legislative leaders have struck a deal to ask voters for $11.25 billion in housing borrowing this November, channeling the single...
Freestanding 69,000 SQFT Anaheim Warehouse Lists for $21.7MM as Orange County Industrial Steadies
A single-tenant industrial building in Anaheim’s Canyon submarket has hit the market priced at roughly $315 per square foot, testing buyer appetite as...
Dueling Transfer Tax Measures Put Billions in California Real Estate Revenue on the Line
A Howard Jarvis ballot initiative and a last-minute legislative compromise, AB 736, are racing toward a June 25 deadline that will determine how...
Office REIT With Carlsbad, San Diego Holdings Exits Bankruptcy as Creditors Take Control in $714MM Debt Cut
Office Properties Income Trust, the national REIT that owns three office buildings in San Diego County, has emerged from Chapter 11 after a...
Trump Stalls Landmark Housing Bill Over Voter-ID Fight, Leaving West Coast Investors in Limbo
The 21st Century ROAD to Housing Act, the biggest federal housing package in a generation, cleared Congress with overwhelming bipartisan support, but President...
JH Real Estate Acquires 330,000-SQFT FIGat7th Retail Center From Brookfield for $68.5MM in Downtown Los Angeles
JH Real Estate Partners has purchased the FIGat7th open-air retail center in downtown Los Angeles for $68.5 million, capturing a fully leased financial-district...
MSM Global Ventures Lists 11-Parcel, 4-Acre Laguna Beach Beachfront Compound for $95MM
A Newport Beach investment firm has placed a nearly 4-acre, 11-parcel oceanfront assemblage above Thousand Steps Beach on the market for $95 million,...
BKM Capital Partners Buys 429,000-SQFT Carson Industrial Center in South Bay for $95MM
BKM Capital Partners has acquired the 11-building Carson Industrial Center in Los Angeles’ South Bay for $95 million, wagering that a repriced industrial...
Crescent Heights Lands $210MM Centerbridge Loan to Sell Out 349-Condo Skyline OC in Santa Ana
Crescent Heights has secured a $210 million condominium inventory loan from Centerbridge Partners to bankroll the sell-out of Skyline OC, a twin-tower Santa...
