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Commercial Real Estate Direct Staff Report New York Life Real Estate Investors has provided $102.4 million of construction financing for the 612,240-square-foot first phase of the Otay Business Park, a 1.78 million-sf industrial property in San Diego. JLL Capital Markets ...
Commercial Real Estate Direct Staff Report Daniel Negari, founder of domain registry operator XYZ, has purchased his second San Diego office property, paying $71.2 million, or just more than $172/sf, for the 413,592-square-foot One America Plaza in the city's downtown. ...
Commercial Real Estate Direct Staff Report Steerpoint Capital has paid $71.5 million, or $98.35/sf, for 727,000 square feet of the 1.1 million-sf Shoppes at Carlsbad shopping mall in the San Diego suburb of Carlsbad, Calif. The Los Angeles investment manager ...
Sonnenblick-Eichner Co. has arranged $126.14 million of mortgage financing against a portfolio of seven hotels with 601 rooms in Southern California and the state's central coast owned by Pacifica Hotels. The Los Angeles company arranged five-year loans totaling $103.64 million ...
Gelt Venture Partners has paid $40 million, or $434,782/unit, for the 92-unit Commodore apartment complex in the San Diego suburb of National City, Calif. The Los Angeles investment manager, which specializes in the apartment and self-storage sectors, purchased the property ...
Nuveen Real Estate has paid $84.99 million, or $589.63/sf, for the 144,142-square-foot Campus Marketplace retail property in San Marcos, Calif., roughly 35 miles north of San Diego. The New York investment manager purchased the property, at 300 to 305 South ...
Clear Sky Capital has secured a $25.25 million loan against the 1,484-unit self-storage property at 510 North Ave. in Vista, Calif., about six miles south of San Diego. Talonvest Capital Inc. arranged the debt, which was provided by an unnamed ...
REBusiness Online A venture of Cisterra Development and Spruce Capital Group has secured $98 million of financing against the Radian, a 241-unit apartment property at 675 9th Ave. in San Diego. CBRE arranged the three-year, fixed-rate loan. Cisterra, of San ...
Commercial Real Estate Direct Staff Report Bridge Investment Group has paid $138.75 million, or $433,593/unit, for Santa Fe Ranch, a 320-unit apartment property in Carlsbad, Calif., about 32 miles north of San Diego. The Salt Lake City investment manager purchased ...
An affiliate of Daniel Negari, founder of domain registry operator XYZ, has paid $48 million, or $135.54/sf, for the 351,540-square-foot 225 Broadway office building in downtown San Diego. Negari, of Las Vegas, bought the 22-story building from Irvine Co., which ...
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