State: California - CA

Torchlight Investors has provided $135 million of financing for Cross Creek Ranch, a mixed-use property with 71,605 square feet of retail space and 50,719 sf of creative-office space in Malibu, Calif. The five-year loan was arranged by JLL Capital Markets. ...

Commercial Real Estate Direct Staff Report Peachtree Group has provided $102.9 million of financing against a pair of neighboring Marriott-branded hotels with a total of 350 rooms in Sunnyvale, Calif. The three-year loan was provided against the 164-room AC Hotel ...

PGIM Real Estate has provided $51 million of financing to fund BKM Capital Partners' $70.2 million purchase of the Canyon Industrial Center, with 198,728 square feet in the Kearny Mesa area of San Diego. BKM, of Newport Beach, Calif., bought the ...

Commercial Property Executive Pfizer Oncology has agreed to lease 230,000 square feet of life-sciences space at Torrey View, a three-building development with 520,000 sf in San Diego. The cancer drug company is taking the space, under a 15-year agreement, from ...

The Real Deal Gemdale USA is offering for sale Park Calabasas, a 222,524-square-foot office property in Calabasas, Calif., through Newmark and is asking $82 million, or $368.50/sf. The Pasadena, Calif., developer acquired the property in 2021 for $79 million, funding ...

REBusiness Online Tourmaline Capital has paid $16.7 million, or $247.30/sf, for the 67,528-square-foot Anaheim Hills Shopping Village in Anaheim, Calif. The San Diego company purchased the property from a family partnership in a deal brokered by JLL Capital Markets. The ...

Multi-Housing News Greystone has provided $19.1 million of financing for the 118-unit Tower Apartments in the Los Angeles suburb of Bellflower, Calif. The two-year loan can be extended for up to two additional six-month terms. The loan allows the property's ...