What happened, and who moved.
470 items
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SANTA MONICA, CALIF. — CBRE has negotiated the $25.9 million sale of 901 Ocean Avenue, a multifamily property along Santa Monica’s Ocean Avenue corridor. The property sold for $23.5 million, with the buyer assuming approximately $2.4 million in transaction-related obligations. A local private investor acquired the…

OXNARD, CALIF. — Harrison Street Asset Management has divested of Clearwater at Riverpark, a 136-unit, Class A independent senior living community in Oxnard. The buyer was an undisclosed S&P 500 company focused on seniors housing. Terms of the transaction were not released. Aaron Rosenzweig and Dan Baker of JLL…

A year after last summer’s immigration crackdowns that emptied parts of Los Angeles’ commercial corridors, damage to business owners and their landlords hasn’t been repaired. Neighborhoods like the Fashion District and Little Tokyo are still coping...

Bell Partners has acquired Celeste Apartments, a 195-unit luxury community adjacent to the South San Francisco Caltrain station, marking the second time in four years that the North Carolina-based investor has purchased a Sares Regis-developed property in the city’s downtown core. Sares Regis Group of Northern…

Paragon Commercial Group has completed the off-market acquisition of a grocery-anchored shopping center in the Tujunga neighborhood of Los Angeles. Located on Foothill Boulevard in northeastern Los Angeles along the foothills of the San Gabriel mountains, the 46,055 square-foot property was acquired from the family…

Sares Regis Group of Northern California and Bell Partners LLC announced the sale of Celeste Apartments, a 195-unit multifamily community in South San Francisco. The LEED Silver certified property, located at 401 Cypress Ave. and adjacent to the Caltrain station, was acquired by Bell Partners on behalf of its Bell…
SAN DIEGO, July 28, 2026 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE: AAT) (the “company”) today reported financial results for its second quarter ended June 30, 2026.
An affiliate of San Francisco-based Roxborough Group has purchased Main Street Cupertino, the dining and retail hub sitting less than a mile from Apple’s circular headquarters, for $130 million, a price that points to climbing values for commercial property in one of Silicon Valley’s most tightly held tech…
Cannae Partners has purchased EmeryTech, a recently renovated creative office campus in Emeryville, for $55.5 million, a steep discount that lets the San Francisco-based investor step into a partially leased, move-in-ready asset far below what the building’s previous owner had spent to acquire and upgrade it.…

The largest federal housing bill in decades has the potential to increase the home supply in Silicon Valley, one of the most expensive regions in the U.S. The bipartisan 21st Century ROAD to Housing Act, passed earlier this month, contains more than 40 provisions that include fast-tracking housing development by…

LA MESA, Calif. — Marcus & Millichap has brokered the $12.5 million sale of Guava Gardens, an affordable seniors housing community located in La Mesa. Los Angeles-based Positive Investments was the… The post Marcus & Millichap Brokers $12.5M Sale of Affordable Housing Community in Southern California appeared first…

San Jose’s planning staff cleared an eight-story, 276-unit apartment project near Diridon Station this week, but the approval is already headed to the City Council after a neighborhood group filed an appeal arguing the building looms over adjacent single-family homes without the step-backs typically required…

PHOENIX — Scottsdale, Ariz.-based Cavan Cos. has completed the $112.5 million sale of Bungalows on Camelback, a 334-unit built-to-rent community at 4747 N. 99th Ave. in Phoenix. A California-based private investor has acquired the property for $336,826 per unit. Mark Forrester, John Cunningham, Charles Steele and…
LOS ANGELES — Sony Pictures Entertainment (SPE) and Alamo Drafthouse Cinema have announced plans to reopen and restore Cinerama Dome, a historic move theater located on Sunset Boulevard in Hollywood. Opened in 1963, it is the world’s first all-concrete, geodesic dome that features an 86-foot curved screen.…
A nonprofit arts operator is moving artists into the ground floor of a long-vacant downtown San Jose building that developer Westbank intends to demolish for an 18-story residential tower, turning a stalled development site into an interim creative hub. Local Color, an 11-year-old San Jose nonprofit, will open…

Five Point Holdings is pushing its long-dormant Candlestick redevelopment back toward construction and preparing to hunt for a marquee technology tenant, positioning the bayfront site as San Francisco’s only shot at a large corporate campus just as the city’s office market turns. Five Point Holdings told analysts…

The U.S. General Services Administration signed a 52,147-square-foot lease at 10730 International Drive in Rancho Cordova, the largest office transaction in the Sacramento region during the second quarter of 2026 and a sign that federal demand is anchoring a recovery in the market’s highest-vacancy corridor. The…
San Jose’s City Council is heading toward an Aug. 18 decision on a general plan overhaul that would legalize small multifamily housing by right across neighborhoods long reserved for single-family homes, setting up a defining test of how far the state’s largest South Bay city will go to meet its housing mandate.…

ANAHEIM, CALIF. — Marcus & Millichap has arranged the sale of Villa Samoa, a 46-unit community at 2856 West Lincoln Ave in West Anaheim. The property sold for $12.3 million.… The post Marcus & Millichap Brokers $12.3M Sale of 46-Unit Property in Anaheim, California appeared first on Multifamily & Affordable Housing…

DivcoWest has completed its purchase of a 47.5 percent stake in 101 California Street, finalizing San Francisco’s largest office transaction in more than four years and converting a closely watched listing into a concrete signal that trophy capital has returned to the Financial District. The deal closed last week,…

San Francisco law requires landlords to negotiate The post Union-at-Home Ordinances Could Change How Landlords Handle Tenant Disputes appeared first on Propmodo .

Marcus & Millichap finalized the sale of 5035-49 Guava Ave., an 81-unit seniors affordable multifamily property located in La Mesa. The property sold for $12.5 million, or $154,320 per unit. “Age-restricted communities with long-term affordability protections are rarely available for acquisition in San Diego…

Industrial investor and developer CapRock Partners announced that Building 1 at CapRock Central Point III in Visalia has been fully leased to an undisclosed global corporate tenant. The 1,270,750-square-foot commitment ranks among the largest industrial lease transactions completed in California’s Central Valley in…
For Dedeaux Properties, California’s infamously arduous development environment can be both a hurdle and a competitive advantage. CEO Brett Dedeaux spoke with Commercial Observer about why the firm sees Tejon Ranch as such a compelling alternative to Los Angeles County and the Inland Empire, as well as how the…
Global flexible-workspace operator Mindspace has committed to 54,000 square feet at the Transamerica complex, nearly tripling its San Francisco footprint and betting on a downtown office market that is recovering faster than any other in the nation. Mindspace has signed a 54,000-square-foot lease at Two…

Seavest Healthcare Properties, a national medical-office investor, paid $25.3 million for the 64,080-square-foot office building at 80 Iron Point Circle in Folsom, a single transaction that accounted for more than half of the Sacramento region’s office sales volume during an otherwise moribund second quarter.…

LOS ANGELES — Walker & Dunlop has arranged a $28.9 million loan to refinance Billy G. Mills Manor, an affordable housing community in Los Angeles. Walker & Dunlop’s Jeff Kearns… The post Watt Capital Developers Secures Refinancing, HAP Contract Renewal for Los Angeles Affordable Housing appeared first on…

Homebuilder Discovery Homes takes 19,528 square feet of sublease space at 5060 Forni Dr as Concord industrial vacancy hits a cycle high. The post Discovery Homes Subleases 20,000 SQFT of Industrial Space at 5060 Forni Dr in Concord appeared first on The Registry Northern California Real Estate .

San Francisco’s largest-ever budget quietly wagers its balance on a commercial property recovery that is gathering speed but remains far from complete, tying City Hall’s fiscal fate to deal flow, downtown office demand and a business-tax overhaul now phasing in. The San Francisco Board of Supervisors on July 21…

Miał być pokazem siły rynku nieruchomości i nową ikoną downtown Los Angeles. Zamiast tego Oceanwide Plaza, gigantyczny kompleks trzech wieżowców, od lat stoi niedokończony i pokryty graffiti. Władze miasta zapowiadają teraz czyszczenie elewacji.
San Jose says six weeks of World Cup soccer drew one million visitors to its downtown and pushed hotel revenue per available room up 42.3 percent year-over-year, handing the city fresh evidence for its long-running wager on a downtown sports-and-entertainment district. The city measured the payoff Friday, tallying…

Opinion piece argues that Los Angeles' Measure ULA transfer tax is suppressing multifamily housing production and causing significant economic harm, citing a RAND report showing 30% decline in apartment building starts and 16,650 lost construction jobs since 2023.
Prologis deploys solar energy infrastructure on warehouse rooftops to support community solar programs in California.
ArtHaus Partners & Integrity Housing acquire The Creek at 2645 Apartments, a 368-unit Sacramento community, in SHRA's first 501(c)(3) bond issuance.

Breakthrough Properties and Tishman Speyer announced a joint investment in a $90-million mezzanine bridge loan for Aperture Del Mar, a newly constructed, 538,000-square-foot Class A life science campus in San Diego. The borrower, Gemdale USA, will use the proceeds to refinance an existing loan. The four-building…

Logos Faith Development, a Los Angeles-based affordable housing developer partnering with faith communities across Southern California, announced 15 groundbreakings planned across 2026, 2027 and 2028. In support of that growth, Logos has signed a long-term lease for new headquarters in Downtown Los Angeles. The…
Rexford Industrial Realty is dramatically accelerating its shift from being the most aggressive industrial buyer in Southern California into perhaps the region’s biggest seller. The Los Angeles-based real estate investment trust (REIT) has identified about $2 billion of “noncore assets” for disposition as it…

Developer Jeff Svitak has landed $34.25 million of bridge debt for a newly completed San Diego multifamily project, Commercial Observer has learned. Lightstone Capital originated the senior loan for Svitak’s Kaya Apartments development in San Diego’s Bankers Hill neighborhood. John Zubak, managing director and head…

South Bay housing advocates have long touted the benefits of mass timber, a wood-based class of construction materials said to save builders time and money. After years of false starts, it appears their long wait to see mass timber housing projects get off the ground may finally be coming to an end. An affordable…

A new statewide survey shows commanding, cross-partisan support for a November ballot measure that would impose hard deadlines on California’s landmark environmental review law, a shift that would reshape the entitlement calculus for housing and infrastructure developers across the state. Proposition 45, the most…
Developer Mecah Ventures is pushing ahead with Parallel on Claremont, a 38,812-square-foot speculative office project in Downtown San Mateo that accounts for more than half of the entire office construction pipeline on the San Francisco Peninsula. Mecah Ventures is developing Parallel on Claremont, a…
Artificial intelligence coding platform Replit has taken over 52,642 square feet of Exabeam’s Foster City space, adding to a headquarters footprint it expanded just months earlier and delivering the San Francisco Peninsula its single largest office lease of the second quarter. Replit, the AI-powered software…

CapRock Partners has fully leased the first building at its Central Point III development in Visalia to an unnamed global corporate occupier, a 1.27-million-square-foot commitment that ranks among the largest industrial deals struck in California’s Central Valley in years and that local officials have publicly tied…

ArtHaus Partners and Integrity Housing have closed on the $76.1 million purchase of a 368-unit South Natomas apartment community and will convert roughly three-quarters of its units to workforce housing, financed through the Sacramento Housing and Redevelopment Agency’s first-ever 501(c)(3) bond issuance. Bay…

Marcus & Millichap Brokers Sale of Multifamily Property in San Mateo, California SAN MATEO, Calif., July 21, 2026 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of 2001 Parrott…

WILLITS, CALIF. — TCC Properties has sold Redwood Meadows, a 101-unit seniors housing property in the Northern California city of Willits, to Echelon Communities for $10.8 million, or $106,931 per unit. Isaak Heitzeberg of Marcus & Millichap represented the seller in the transaction and procured the buyer in…
LOS ANGELES — Walker & Dunlop has arranged a $28.9 million loan for the refinancing of Billy G. Mills Manor, an affordable housing complex next to the University of Southern California in Los Angeles. Jeff Kearns and Laura Woltanski of Walker & Dunlop secured the refinancing through HUD/FHA’s Section 223(f) loan…

SAN DIEGO — Breakthrough Properties and Tishman Speyer have provided a $90 million mezzanine bridge loan for Aperture Del Mar, a Class A life sciences campus in San Diego. The borrower, Gemdale USA, will use the proceeds to refinance an existing loan. Totaling 538,000 square feet, the four-building lab and office…

The life sciences boom isn’t finished yet. Gemdale USA has secured $90 million in mezzanine debt to refinance Aperture Del Mar, a 538,000-square-foot Class A life science campus that recently opened in San Diego, Calif. Tishman Speyer and Bellco Capital, through their Breakthrough Properties joint venture vehicle,…

As the deadline approached, two additional housing proposals in Palo Alto applied under a new state housing law that affords greater height and density to projects near public transit. As of July 16, Palo Alto’s local restrictions took effect, blunting the most significant impacts of Senate Bill 79 by exempting…

Fashion Nova is expanding its Southern California logistics side with another industrial lease in Santa Fe Springs. The Los Angeles-based fast-fashion retailer signed a lease to take over the 132,888-square-foot warehouse at 12301 Hawkins Street, according to CoStar. It increases Fashion Nova’s warehouse footprint…

Marcus & Millichap has completed the sale of 1939 N. Kenmore Ave., an 18-unit multifamily property located in Los Angeles. The property sold for $5.28 million. “Properties with this charm and character that have been owned by the same family for several decades rarely come to market in Los Feliz,” said Jeff Louks,…

Interstate Equities Corporation (IEC), a vertically integrated real estate investment and management firm specializing in multifamily properties throughout California and Washington, reached the final close of IEC Institutional Fund VI (with $215 million in equity commitments. The new fund continues IEC’s value-add…

A local school district is finding itself in choppy waters as it weighs the best way to provide teachers and other employees with affordable housing. In 2024, the San Jose Unified School District issued a general obligation bond, Measure R, to fund the renovation of classrooms and facilities, as well as provide…

State housing regulators hauled Half Moon Bay and Turlock into court over years-overdue housing plans, the Northern California front of a five-city enforcement campaign that puts local zoning power and mounting monthly fines at risk. California pushed its housing enforcement campaign into the Bay Area and Central…

A New York distressed-debt specialist has taken control of the buildable heart of San Francisco’s largest apartment complex, using a construction loan it never got repaid to foreclose on land approved for nearly 1,700 new homes. Yellowstone Real Estate Investments has completed a foreclosure takeover of the…

Brex takes all 200,000 SQFT at 270 Brannan St in a nearly 10-year San Francisco lease, reversing its earlier remote-first retreat. The post Brex Leases Entire 200,000 SQFT Building at 270 Brannan St in San Francisco appeared first on The Registry Northern California Real Estate .
First-Citizens Bank has started foreclosure proceedings against two prime Union Square retail buildings after their owner failed to repay a matured $40 million loan, with the lender now claiming more than $40.1 million due on collateral that sits at the doorstep of San Francisco’s marquee shopping district. A…

LONG BEACH, CALIF. — CBRE has arranged the $30 million sale of Mosaic, a six-building retail portfolio located in downtown Long Beach. An entity doing business as Mosaic Promenade Holdings LLC acquired the property from a partnership between Turnbridge Equities, Waterford Property Co. and Monument Square Investment…
The Tenderloin Neighborhood Development Corporation has resubmitted preliminary permits for its 199-unit affordable senior housing development at 1234 Great Highway in San Francisco’s Outer Sunset, but the roughly $181 million project remains stalled as the developer waits to see whether a statewide bond measure…