State: California - CA

Bisnow Terra Universal Inc. has paid about $50.2 million, or roughly $369/sf, for the 136,200-square-foot industrial property at 1500 South Raymond Ave. in Fullerton, Calif. The industrial machinery and cleanroom manufacturer acquired the property from Rexford Industrial Realty, a Los ...

Commercial Property Executive BKM Capital Partners has paid $62 million for Goldenwest Circle Business Park, a 231,000-square-foot industrial property in the Los Angeles suburb of Westminster, Calif. The Newport Beach, Calif., company acquired the property, at 15080 Goldenwest Circle, from ...

Benedict Canyon Equities has paid $29.85 million, or $414,583/unit, for a pair of apartment properties with 72 units in West Hollywood, Calif. The Los Angeles investor was founded in 2004 by James A. Reston, who previously headed CBRE's western region ...

Northmarq has arranged $24 million of financing for the construction of a 49-unit student housing property at 2372 Ellsworth St. in Berkeley, Calif. The loan, which was provided by an unnamed bank, was secured on behalf of the developer, Bright ...

Roxborough Group has paid $109.4 million, or $444,715/unit, for Bidwell Park, a 246-unit apartment property in Fremont, Calif. The San Francisco investment manager acquired the property, at 39800 Fremont Blvd., from Pacific Urban Investors, which bought it in 2022 for ...

Multi-Housing News Capital One has originated a $157.2 million Fannie Mae loan against the 309-unit Villas at Playa Vista – Montecito apartment property in Los Angeles. The loan allowed the property developer and owner, Irvine Co. of Newport Beach, Calif., ...

Barings has paid $66.2 million, or nearly $557/sf, for the 118,876-square-foot Village Center at Rose retail property in the Los Angeles suburb of Placentia, Calif. The MassMutual subsidiary bought the 30-year-old property from First Washington Realty in a deal arranged ...

Mesa West Capital has provided $61.5 million of mortgage financing against the 125,100-square-foot office building at 285 Sobrante Way in the Silicon Valley city of Sunnyvale, Calif. The collateral building, constructed in 2021 by a venture of SteelWave and Principal ...