News
PCCP, Alliance buy Riverside apartment complex for $65 M
1+ hour, 23+ min ago (192+ words) IE multifamily market outpacing surrounding counties in rent growth PCCP and Alliance Residential Company plunked down more than $65 million for an apartment complex in the Inland Empire's biggest city." The two firms acquired The Hawthorne, a 184-unit multifamily property at…...
Trump helped Paxton win. Can he do the same for Spencer Pratt?
2+ hour, 20+ min ago (27+ words) The Real Deal Trump helped Paxton win. Can he do the same for Spencer Pratt?...
Brookfield eyes $105 M for Fi Di rental tower
4+ hour, 13+ min ago (341+ words) Firm looks to sell 156-unit building at 15 Cliff Street Brookfield is looking to sell a 30-story rental tower in the Financial District at a price tag of about $105 million. The company put the 156-unit rental tower at 15 Cliff Street up…...
Primary perspective on the politics of real estate in California
3+ hour, 36+ min ago (464+ words) Races for governor, LA mayor, city controller, insurance commissioner and Pelosi's successor ones to watch It's primary election day. California voters are heading to the polls and dropping off their ballots for what feel like uncertain and unusually consequential races…...
One-time studio boss, Grammy winner's $15 M Calabasas estate tops county's luxury contracts
4+ hour, 51+ min ago (283+ words) 14 high-end deals account for $106 M, down about 18 percent year-to-year A Calabasas estate dubbed Oaktree Ranch topped last week's luxury homes to go into contract with a nearly $15 million asking price." The five-bedroom, eight-bathroom home, which spans 7, 500 square feet, was listed…...
Bridgeton offloads So Ma commercial property for more than its pre-pandemic value
4+ hour, 51+ min ago (252+ words) SF market rebounding from post-Covid doldrums: JLL, CBRE Bridgeton is trimming its commercial real estate holdings in San Francisco." The New York-based firm sold a South of Market retail and restaurant property at 300 Third Street to Southern California-based investor DPI…...
Charles Company ditches offices for more resi, retail at long-languishing We Ho site
6+ hour, 36+ min ago (301+ words) LA office market still struggling to mount a post-pandemic comeback Another developer is reading the writing on the wall in the Los Angeles office market and tweaking its development plans accordingly." The Charles Company has updated its plans for the…...
Nitya Capital Faces DFW Apartment Foreclosures
6+ hour, 28+ min ago (310+ words) Swapnil Agarwal's Nitya Capital could lose control of an 847-unit portfolio at Tuesday's auction Swapnil Agarwal's Nitya Capital hit a $70 million distress patch after securing a blockbuster refinancing deal last year." The Houston syndicator received foreclosure notices for three North…...
Garbage dump: Donna Karan brand sues neighbor over rat infestation
8+ hour, 21+ min ago (485+ words) Luxury brand alleges health, business threat at West Village storefront A West Village storefront by designer Donna Karan is suing its neighbor for its alleged role in creating and permitting a rat infestation so severe that it has staff members…...
Tech VC lists Woodside estate for $15 M, nearly double 2020 sale price
9+ hour, 35+ min ago (312+ words) Peninsula town set Bay Area price record last year Another estate in Woodside is coming to market for an investor looking to break into the tony Peninsula enclave." Venture capitalist Jeff Clavier, founder of San Francisco-based Uncork Capital, and his…...