Finance - West

  • East Bay Industrial Business Park Changes Hands

    Alex. Brown Realty Inc. together with CIP Real Estate have acquired Eden Landing in Hayward, Calif. The joint venture plans to invest $2 million in capital improvements.

    15 November 2017 18:43
  • Sonnenblick-Eichner Arranges $35M Financing for SoCal Hotels

    Comprising 378 guestrooms, the three-asset portfolio was subject to 10-year, fixed-rate loans. Vista Investments previously completed renovations at the properties.

    15 November 2017 15:50
  • Sunstone Refinances $220M Loan for Hilton SD Bayfront

    The interest-only loan offers a three-year initial term and three one-year extension options. The loan replaces the original, which was scheduled to end in August 2019 and had a higher interest rate.

    15 November 2017 12:07
  • SoCal MOB Lands $25M Loan

    The approximately 40,000-square-foot asset was subject to a fixed-rate construction loan. Keystone Mortgage Corporation will oversee financing.

    09 November 2017 21:51
  • Transwestern JV Buys Seattle-Area Office Park

    Equity Office Properties Trust sold Redmond Hilltop, a 178,769-square-foot office campus in Redmond, Wash., to a joint venture between Transwestern and Diversified International Partners.

    09 November 2017 15:59
  • Moonwater Capital Snags Las Vegas Office Campus

    SK+G Lab sold New Spanish Ridge, a 114,000-square-foot office park in Las Vegas to Moonwater Capital. At the time of sale, the asset was approximately 80 percent occupied.

    09 November 2017 15:35
  • Silicon Valley Office Portfolio Lands $195M

    On behalf of Preylock Real Estate Holdings, Meridian Capital Group arranged a seven-year floating-rate loan that features an initial five-year term followed by two, one-year extension options and full-term interest-only payments.

    08 November 2017 14:17
  • OC Office Campus Lands $39M Financing

    HFF arranged the loan for Menlo Equities' Towne Centre, a 292,271-square-foot office campus in Foothill Ranch, Calif. The three-building property underwent renovations in 2015 and 2016.

    06 November 2017 15:03
  • CareTrust Expands Health Care Portfolio

    While providing mortgage financing for a SoCal property, CareTrust purchased other three skilled nursing facilities. Providence Group will be managing the assets.

    03 November 2017 16:27
  • West LA Office Asset Lands $33M Refi

    Quantum Capital Partners arranged a CMBS loan for a 107,000-square-foot West Los Angeles office building. The real estate capital advisory firm represented the landlord, a a joint venture between Sunrise Real Estate Group, Robhana Group and 4M Investment Group.

    03 November 2017 16:15
  • Grandbridge Secures $65M Hotel Refi

    The permanent, fixed-rate loan was funded through one of Groundbridge’s insurance company correspondents. The hotel is in close proximity to the Boulder Municipal Airport.

    27 October 2017 13:51
  • The Story of a Local Lender With Double-Digit Yields

    Broadmark Capital’s president discussed the lending market, its challenges and how the company managed to maintain average annualized returns of 11 percent or more since its inception in 2010.

    25 October 2017 17:36
  • SVN Sells Westlake Medical Office

    Located in the heart of Westlake Village, Calif., the 29,783-square-foot medical building was sold for $8.9 million. The Pacific Bridge Team arranged the transaction.

    23 October 2017 17:20
  • Scottsdale Office Complex Trades for $53M

    Equus and iStar have acquired the asset with a $42.6 million loan provided by Mesa West Capital. The office building marks the joint venture’s second acquisition in Scottsdale.

    23 October 2017 15:52
  • Prologis Sells Iconic San Diego Asset

    Voit Real Estate Services arranged the sale of the 102-year-old Sante Fe Depot, which offers mixed-use development opportunities. Heritage Architecture & Planning will be in charge of restorations.

    20 October 2017 13:34