West
Tishman, China Vanke to Build 655-Unit San Francisco Condo Tower
A new two-tower condominium property will soon sprout up in San Francisco, now that Tishman Speyer and China Vanke Co., Ltd. have joined forces to build a 655-unit residential community at 201 Folsom St.
Hotel’s Conversion from Sahara to SLS Las Vegas Finally Starts
Las Vegas’ Sahara Hotel & Casino, which closed in 2011 after decades as a Sin City icon, is finally beginning its transformation into the SLS Las Vegas.
MG Properties Acquires Terracina Apartments in Calif. for $95M
San Diego-based private real estate investor MG Properties Group has purchased the Terracina Apartments, a 736-unit multi-family property located in southeast Ontario, Calif., for $95 million from Colorado-based seller Archstone.
Wewatta & Wynkoop Refinance Two Denver Office Buildings for $74M
Wewatta & Wynkoop, a GE Asset Management and Crestone Partners managed entity, has secured a $74 million loan to refinance 1400 Wewatta and 1401 Wynkoop, two Class A contiguous office buildings totaling approximately 300,000 square feet in downtown Denver.
Western National Nabs 496-Unit Suburban LA M-F for $100M
Western National Realty Advisors wraps up acquisitions under its $200 million Western National Realty Fund II with the purchase of Ironwood and Fairway Palms, a sprawling 496-unit apartment compound in the suburban Los Angeles town of Rancho Cucamonga.
Pebblebrook Buys Embassy Suites in Downtown San Diego for $112M
Pebblebrook Hotel Trust, of Bethesda, Md., has purchased the Embassy Suites San Diego Bay – Downtown for $112.5 million.
George Smith Partners Secures $185M in Financing for Retail Portfolio
DJM Partners has refinanced a four-property retail portfolio in Southern California with $185 million in financing arranged by the Los Angeles-based real estate investment banking firm George Smith Partners.
Bernards, Colombo Break Ground on New California Hospital
Ground is scheduled to break in February on the new $56 million Tehachapi Hospital in Tehachapi, Calif.
AIMCO Breaks Ground on $140M M-F Redevelopment in LA’s Trendy Venice Neighborhood
Lincoln Place, the largest garden-style apartment complex in the Los Angeles beach community of Venice, is about to get the facelift of a lifetime.
$2B Century Plaza Project Wins Unanimous Vote of LA City Council
With the final approval of the Los Angeles City Council secured, Next Century Associates is moving forward with its $2 billion plan to redevelop the historic Hyatt Regency Century Plaza Hotel and build two 46-story residential towers as part of a 1.5 million-square-foot mixed-use project.