JLL Arranges $60.65M Sale and $42.91M Financing of Walnut Tech Business Center for AEW and CIP Real Estate II LLC
•JLL
Pacific Coast CRE News
Commercial Real Estate News
Rhino Investments Group Secures $72.3M Financing for Randhurst Village Acquisition, with 3650 Capital and Aquarian Real Estate Partners
•Aquarian Holdings
TruAmerica Multifamily Acquires 200-Unit Bridges at San Ramon for $78 Million
•TruAmerica Multifamily
Fifth Third, CB&T and TruAmerica Multifamily Back $123.5M Construction Financing for 251-Unit San Carlos Development
•TruAmerica Multifamily
Sterling Organization Acquires 277,057-SF Grocery-Anchored Portfolio in California and Hawaii with Eastdil Secured Savills
•Sterling Organization
Nuveen Acquires Marigold Center in San Luis Obispo From First Washington Realty for $58.25M
•JLL
Morgan Stanley Real Estate Investing Acquires Silicon Valley R&D Building for $84.1M in All-Cash Deal
•JLL
Property TransactionsRetail
Progressive Real Estate Partners Closes $2.95 Million Sale of Former Rite-Aid Building in Barstow to Barstow Community College
Progressive Real Estate Partners has completed the $2.95 million sale of a 17,272-square-foot former Rite-Aid building in Barstow, California to Barstow Community College. Paul Galmarini represented the seller, while George Okita and Sophia Heimall of California Commercial Real Estate Services represented the buyer.
•Progressive Real Estate Partners
Property Transactions
Realty Income Buys 501,250-SF Fife Warehouse From Clarion Partners for $108 Million
San Diego-based Realty Income Corp. has acquired the 501,250-square-foot Pacific Coast Corporate Park II warehouse in Fife, Washington, from an entity affiliated with Clarion Partners for approximately $108 million. The sale ranks as Pierce County's third-largest industrial transaction of 2026.
•Warehouse & Distribution
Property TransactionsIndustrial
JPMorgan Pays $176.5M for PGIM's Santa Fe Springs Industrial Campus
JPMorgan Chase purchased the fully leased Shoemaker Commerce Center in Santa Fe Springs, California from PGIM Real Estate for $176.5 million, equating to approximately $339 per square foot. The two-building, 521,091-square-foot industrial campus ranks among the most expensive Los Angeles industrial transactions of the past two years.
•Kidder Mathews
FinancingOffice
JLL Arranges $406M CMBS Financing for Trammell Crow Center in Dallas Arts District
JLL's Capital Markets group arranged $406 million in five-year, fixed-rate CMBS financing for Regent Properties' Trammell Crow Center, a 1,226,825-square-foot trophy office tower in Dallas' Arts District. Wells Fargo and Morgan Stanley provided the single-asset single-borrower loan for the 92%-leased, 50-story tower at 2001 Ross Avenue.
•JLL
More News
Property TransactionsStudent Housing
LaSalle Investment Management Acquires 27 North Apartments in San Jose for $59.4 Million, Taps The Dinerstein Companies as Operator
LaSalle Investment Management has acquired 27 North Apartments, a fully occupied, 119-unit student housing community two blocks from San Jose State University, for $59.4 million. The Dinerstein Companies will serve as the property's operating partner.
•LaSalle Investment Management
DevelopmentMultifamilyAffordable
Linc Housing and National CORE Open 340-Unit Pioneer Village Affordable Community in Glendale
Linc Housing and National CORE have opened Pioneer Village, a 340-apartment affordable housing community at 515 Pioneer Drive in Glendale, California, serving low-income seniors and families. The project, financed through Bank of America construction lending and CalHFA programs, drew more than 7,500 applications for its income-restricted homes.
•Linc Housing
Property TransactionsMultifamilyWorkforce
Kidder Mathews Arranges $21.8M Sale of 113-Unit Multifamily Portfolio in Riverside, California
Kidder Mathews has arranged the $21.8 million sale of two adjacent workforce housing properties totaling 113 units in Riverside, California. Senior Vice President Jon Mitchell represented the seller in the transaction, which closed in approximately 60 days following a competitive marketing process that generated multiple offers.
•Kidder Mathews
DevelopmentMultifamily
Embrey Partners Acquires Land for 360-Unit Multifamily Development in Spring Hill, Nashville; PCCP Provides Financing
Embrey Partners has acquired land for Hollis at Legacy Pointe, a 360-unit Class A garden-style apartment community in Spring Hill, Tennessee, with PCCP providing development financing. Construction is expected to begin in the fourth quarter of 2026, with first move-ins targeted for the second quarter of 2028.
•Embrey Partners
FinancingRetail
Buchanan Street Partners Provides $26.5 Million Bridge Loan for Santa Clarita Retail Center Acquisition
Buchanan Mortgage Holdings, LLC, an affiliate of Buchanan Street Partners, has closed a $26.5 million senior bridge loan to finance the acquisition and repositioning of a 120,000-square-foot retail center in Santa Clarita, California. The sponsor plans a facade renovation and the entitlement and development of three drive-thru pad sites at the property.
•Buchanan Street Partners
DevelopmentMultifamilyAffordable+1
Linc Housing and National CORE Open 340-Unit Pioneer Village Affordable Community in Glendale
Linc Housing and National CORE have opened Pioneer Village, a 340-unit affordable housing community at 515 Pioneer Drive in Glendale, California, serving seniors and families earning between 30% and 80% of area median income. The project, financed through a layered capital structure including Bank of America construction lending and CalHFA programs, drew more than 7,500 applications for its 340 available homes.
•Linc Housing
FinancingSelf Storage
Talonvest Capital Arranges $87 Million in Bridge Financing for 1784 Holdings Self-Storage Projects in Bethesda and Monmouth Junction
Talonvest Capital has arranged $87 million in bridge financing for 1784 Holdings across two Class A self-storage developments in Bethesda, Maryland, and Monmouth Junction, New Jersey. The loans provide interest-only proceeds as both projects move through delivery and lease-up in supply-constrained, high-traffic markets.
•Talonvest Capital