A local private investor has acquired a 96-unit Fontana apartment portfolio for $30.5 million, with $20.5 million in financing arranged by JLL Capital Markets.
Terreno Realty Corp. sells a five-building, 545,000-square-foot industrial portfolio in Commerce, CA for $97 million ($178/sf). The properties were 99% leased at the time of sale.
JLL Capital Markets has announced that it has closed the $24.975-million sale of Grand Covina Plaza, a grocery-anchored, 111,975-square-foot retail center located in Covina.
A 40,100-square-foot Amazon Fresh store in Fontana, the first in San Bernardino County, has been sold by Sage Investco to a private buyer for $17.8 million.
Torrance’s Real Estate Connection buys Rancho Palos Verdes’ 49-unit Peninsula Villas Apartments for $20.4M. This is the city’s 2nd major apartment sale this year.
O’Hara’s Son Roofing (OSR), backed by Angeles Equity Partners, has acquired Starkweather Roofing, a key Arizona commercial roofer, to expand its national reach.
Los Angeles-based CIM Group has announced that Matthew Borstein, an experienced leader in the real estate credit industry, has joined the company as managing director, co-head of credit in a continued expansion of the firm’s credit team and platform.
HCA Healthcare has acquired an 85,731-sq-ft medical office building in Thousand Oaks, home to Thousand Oaks Surgical Hospital, from Amoroso Companies for $70 million.
L.A.-based KB Home, one of the largest homebuilders in the U.S., has unveiled the nation’s first new-home community that meets the home- and neighborhood-level wildfire resilience standards developed by the Insurance Institute for Business & Home Safety (IBHS).
Hanley Investment Group welcomes Jacob Fahner (San Diego VP) & Ayda Kach (Corona del Mar VP). Bolstering net lease and retail investment expertise.
Despite recent challenges ranging from wildfires to economic uncertainty, Los Angeles remains a prime destination, not only for tourists but business travelers as well.
Larissa Justice appointed Director of Preconstruction and Estimating at Boldt California. Her healthcare cost management skills will drive innovative and cost-effective solutions.
Mercy Housing California (MHC) welcomes Tiffany Bohee as its new president. Learn about her extensive experience in urban development and her vision for MHC’s future.
