Industry News

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Here to ‘Stay:’ Business Lodging Sector Finds New Life during Pandemic

By Pam Knudsen, Senior Director of Compliance at Avalara MyLodgeTax Popular before the pandemic, extended stays had solidified their place in the lodging...

Newmark Announces Executive Team to Run the Business of Knotel, Post Acquisition

Newmark Group, Inc. (Nasdaq: NMRK) (“Newmark” or “the Company”), today announces that it has hired Michael Gross, Eric Gross and Yoav Gery as the executive team to lead...

Cynthia Parker Resigns from BRIDGE, Susan Johnson Appointed Interim President & CEO

SAN FRANCISCO, CA, March 23, 2021—Cynthia Parker, President and CEO of BRIDGE Housing, announced her resignation today for personal reasons. Ms. Parker has...

Air Freight Shipments Strong at Ontario Airport in February while Passenger Volume Remained Soft

ONTARIO, Calif., March 22, 2021 — Shipments of air freight continued to drive commercial activity at Ontario International Airport (ONT) in February, continuing to grow by...

Podcast: Mike Sroka, Co-Founder and CEO of Dealpat‪h‬

Mike Sroka is the co-founder and CEO of San Francisco-based Dealpath, a company that describes itself as a platform that enables smarter deal management...

Healthpeak Properties Announces 90,000 SQFT Callan Ridge Life Science Development in Torrey Pines

DENVER, March 18, 2021 — Healthpeak Properties, Inc. (NYSE: PEAK) announced today that it will proceed with the densification of its Callan Ridge campus located...

Suffolk Completes 1500 Granville, 153-Unit Mixed-use Residence for UCLA Medical Students

Completion of project provides an affordable and community-focused housing option for UCLA Medical House Staff and graduate students LOS ANGELES–Suffolk, one of the...

Columbia Property Trust Receives $2.2B Buyout Offer

NEW YORK—Arkhouse Partners LLC, AS8888 LLC, an entity of The Sapir Organization, and 8F Investment Partners Pte. Ltd., which together beneficially own approximately...

Lev Launches West Coast Presence Led by Greg Goldstein

LOS ANGELES, March 18, 2021 — Lev, the digital platform for commercial real estate financing & transactions, announced today the opening of their second...

Harbor Associates Acquires 297,000 SQFT Office Property in Aliso Viejo for $92MM

(EDITOR’S NOTE: According to sources with knowledge of the transaction, the deal closed for $92 million, or just over $309 per square foot.) Long...

Google Plans for $7B in U.S. Investments in 2021, $1B in California

By Sundar Pichai, CEO of Google and Alphabet One of the best parts of my job is getting the opportunity to visit the...

Alliant Capital Partners with Insite Development to Build 70+ Units for Disabled Seniors in Lancaste\r, CA

Alliant Capital announces today the closing of Essex Tower. The Project is the new construction of 70 multifamily apartments in Lancaster, California. This...

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