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State Farm Mutual Automobile Insurance Co. has provided $52 million of financing against three industrial properties with 420,086 square feet in Ontario and Rancho Dominguez, Calif. Northmarq arranged the loan on behalf of the owner, Carson Cos. of Newport Beach, ...
QuadReal Property Group has provided $144 million of financing for the construction of Carina, a 408-unit apartment property in Santa Ana, Calif. JLL arranged the three-year loan, which pays a floating-rate coupon, on behalf of the property's developer, Affinius Capital ...
Commercial Property Executive Western Realco has paid $40.7 million, or $304.10/sf, for a 133,836-square-foot office property at 600 East Vermont Ave. in Anaheim, Calif. The Newport Beach, Calif., investment firm acquired it from Rexford Industrial in a deal brokered by ...
L.A. Business First A development group led by Lowe has broken ground on Carina, a 408-unit apartment property in Santa Ana, Calif. The Los Angeles developer is building the property at 2828 North MainPlace Drive, about 31 miles southeast of ...
Commercial Real Estate Direct Staff Report Capital Group has agreed to pay $210 million, or $150/sf, for Los Angeles' Bank of America Plaza, a 1.4 million-square-foot office property in the city's downtown. The financial services company, the building's largest tenant, ...
Sonnenblick-Eichner Co. has arranged an $80 million mortgage against the 162,031-square-foot Del Rey Campus office property in the West Los Angeles area of Marina del Rey, Calif. The loan, which requires only interest payments for its five-year term, was provided ...
Commercial Real Estate Direct Staff Report TruAmerica Multifamily has paid $116.23 million for two apartment properties with 157 units in Los Angeles. The Los Angeles investment manager bought the 97-unit Haven at 11924 West Washington Blvd. from Cityview, also of ...
Terreno Realty Corp. has sold the 231,000-square-foot industrial property at 1855 West 139th St. in Gardena, Calif., for $44 million, or $190.48/sf. The buyer could not be learned immediately. Terreno, of Bellevue, Wash., bought the property in 2017 for $37.6 ...
Rentv.com BWE has provided $82.9 million of Fannie Mae financing against the 398-unit River Ranch Apartments in Simi Valley, Calif., a northwest suburb of Los Angeles. The five-year loan pays a fixed-rate coupon and allows the owner, Decron Properties, to ...
The Real Deal Cedars-Sinai has paid $270 million, or $807.06/sf, for the Beverly Connection, a 334,566-square-foot shopping center in Los Angeles. The local healthcare company acquired the retail property, at 100 North La Cienega Blvd., from Ashkenazy Acquisition Corp., which ...
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