David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
City: Moreno Valley
Elevate at Towngate
Elevate at Towngate, at 13400 Elsworth St., backs a $25 million loan that's securitized through FREMF, 2020-KF83. The floating-rate loan pays a rate pegged to SOFR plus 265.4 basis points and matures in June 2030. The property, which was built ...
FPA Multifamily Pays $41Mln for Moreno Valley, Calif., Apartments
Multi-Housing News FPA Multifamily has bought Elevate at Towngate, a 227-unit apartment complex in Moreno Valley, Calif., for $41 million, or $180,617/unit. The San Francisco company purchased the property from Brixton Capital of Solana Beach, Calif., which had bought it ...
17500 Perris Blvd.
An affiliate of Persis Corp. has paid $111.69 million, or $161.26/sf, for the 692,600-square-foot industrial property at 17500 Perris Blvd. in Moreno Valley, Calif. The Honolulu company purchased the property from Walgreens, which will lease it back. The deal was ...
Persis Corp. Pays $111.69Mln for Moreno Valley, Calif., Industrial Property
Commercial Real Estate Direct Staff Report An affiliate of Persis Corp. has paid $111.69 million, or $161.26/sf, for the 692,600-square-foot industrial property at 17500 Perris Blvd. in Moreno Valley, Calif. The Honolulu company purchased the property from Walgreens, which will ...
CapRock to Build 500,000-SF Industrial Property in Moreno Valley, Calif.
Rentv.com CapRock Partners is planning to build CapRock Global Logistics, a 500,000-square-foot industrial property in Moreno Valley, Calif. The Newport Beach, Calif., developer is building the property at the intersection of Freeway 60 and Gilman Springs Road, about 68 miles ...
Dwight Mortgage Lends $36.3Mln for Apartments in Calif.’s Inland Empire
Dwight Mortgage Trust has provided $36.3 million of financing against the 220-unit Villa Annette Apartments in Moreno Valley, Calif. The loan was used by the owner, Latco Enterprises of San Clemente, Calif., which completed the property last year, to retire ...
Tower 16 Pays $85Mln for Inland Empire Apartments
Tower 16 Capital Partners has paid $85 million, or $257,575/unit, for the 330-unit Sorelle Apartments in Moreno Valley, Calif. Mesa West Capital provided financing for Tower 16's purchase, which was arranged by NorthMarq. Berkadia brokered the property's sale. The property, ...
CIT Group Lends $28.2Mln for Moreno Valley, Calif., Apartment Project
CIT Group Inc. has provided $28.2 million of financing for the construction of Via Del Lago, a 135-unit apartment property in Moreno Valley, Calif. Spruce Grove Inc. of Santa Ana, Calif., will break ground this month on the project, at ...
Tower 16 Pays $107.2Mln for 2 Riverside County, Calif., Apartments
Tower 16 Capital Partners has paid $107.2 million for a pair of apartment properties with 504 units in the fast-growing Riverside County, Calif., city of Moreno Valley, Calif. The two properties, roughly a mile apart, are the Sienna Pointe Apartments, ...
Dwight Capital Provides $23Mln HUD Loan for Calif. Apartments
Dwight Capital has provided $23 million of financing under the U.S. Department of Housing and Urban Development's section 223(f) program for the 144-unit Tuscany Hills Apartment Homes in Moreno Valley, Calif. The loan was used to refinance a $15 million ...
About
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
