West
Olive Hill Receives Creative Office Financing in LA
The $41 million loan was arranged by Newmark Realty Capital Inc. The LA-based firm acquired the property for $65.6 million last year with plans of upgrading it.
Anchor Health Buys San Diego Hospital Campus MOB
The company purchased the 82,024-square-foot asset in the suburb of La Mesa, Calif., free and clear of existing debt from The Abbey Co.
Parallel Capital Brings New Tenants to Phoenix Office Tower
One of the most notable new tenants at One North Central is Quicken Loans, which will occupy six of the building’s 20 floors. Live Nation, Coleman & Finch and Urban Eye Care ink the other three leases.
Pioneer Building in San Francisco Changes Hands
American Realty Advisors acquired the 37,000-square-foot office building from Bridgeton Holdings. At the time of sale, the asset was fully leased to Musk Industries.
Small Balance Loan Breakdown with Hunt Mortgage’s Matthew Frank
The vice president of Hunt Mortgage’s Small Balance Loan Group explains how the Freddie Mac program can meet and adapt to the various needs of the borrower despite the tight lending environment.
HFF Brokers Denver Retail Center Sale
Originally built as a grocery-anchored center in 1984, the 163,412-square-foot retail center is home to a variety of tenants including Vasa Fitness, a UPS Store and Arc Thrift.
Colorado Office Center Finds New Owner
The Church Ranch Office Center in the Denver submarket of Westminster was purchased by a private equity firm. HFF marketed the property on behalf of a special servicer.
Strong Development Softens Demand in Portland
As the metro’s economy continues to thrive and the area adds residents at double the national rate, there is no shortage of large multifamily projects.
DTLA’s South Park by Windsor Retail is Fully Leased
Kennedy Wilson arranged three 10-year leases totaling more than 12,500 square feet for the ground-floor retail space of the mixed-use high-rise.
Rexford Buys $20M Inland Empire Industrial Asset
The 201,035-square-foot property is fully leased to a logistics tenant on a triple net basis and has significant rental upside.