Archives

StarPoint Properties Acquires $51.75 Million Multifamily Property in West Covina

WASHINGTON, D.C. - November 19, 2014 - (RealEstateRama) -- StarPoint Properties, an industry leader in acquiring, developing and re-positioning multifamily projects, has purchased the $51.75 million Lafayette Parc Apartments in West Covina, California. The 236,000-square-foot property is comprised of 259 units and is located at 624 South Glendora Ave. The name of the seller was not disclosed.

BH Properties Hires Andrew Van Tuyle as Chief Acquisition Officer

LOS ANGELES - November 14, 2014 - (RealEstateRama) -- BH Properties, a Los Angeles-based firm that specializes in acquiring and repositioning challenged or distressed real estate properties, has announced the hire of Andrew Van Tuyle as chief acquisition officer. In this role, Van Tuyle will be responsible for the firm’s property and debt acquisitions throughout the Southwest

HGA Hires Celine Larkin as Senior Planner In Los Angeles Office

LOS ANGELES - November 11, 2014 - (RealEstateRama) -- HGA Architects and Engineers (HGA) has hired Celine Larkin, AIA, LEED AP, as associate vice president and senior planner in the Los Angeles office. She will direct planning across the firm’s growing healthcare, higher education and public/corporate practice groups

Title Westwood Financial Corp. Signs Publix Super Markets as Co-Anchor Tenant

CHARLOTTE, N.C./LOS ANGELES - November 7, 2014 - (RealEstateRama) -- Westwood Financial Corp. (WFC), one of the largest privately held owner-operators of retail properties in the United States, has announced that Publix Super Markets has now opened as the new anchor tenant at WFC’s fully-leased Steele Creek Crossing in Charlotte, North Carolina. This lease marks one of seven Bi-Lo locations Publix has taken over in the Charlotte area.
Kennedy Wilson

Kennedy Wilson Negotiates Lease for Panera Bread in Culver City

LOS ANGELES - November 7, 2014 - (RealEstateRama) -- Global real estate investment and services firm Kennedy Wilson has negotiated a 10-year retail lease for Panera Bread, a bakery-café chain with locations nationwide. Located at 10990 Jefferson Blvd. within the Studio Village Center, the 5,100-square-foot property will house the first Panera Bread in Culver City.

C.W. DRIVER COMPLETES CONSTRUCTION ON 126,000-SQUARE-FOOT CAL POLY POMONA STUDENT RECREATION CENTER

POMONA, Calif. - November 5, 2014 - (RealEstateRama) -- C.W. Driver, a premiere builder serving California since 1919, has announced the construction completion on the $45.9 million Cal Poly Pomona student recreation center, the Bronco Recreation and Intramural Complex (BRIC). The new LEED® Silver certified, 126,000-square-foot project was completed in September 2014.

HGA HIRES JESSIE ROBERTSON AS BUSINESS DEVELOPER IN LOS ANGELES

WASHINGTON, D.C. - November 5, 2014 - (RealEstateRama) -- Robertson has rejoined HGA Architects and Engineers as associate vice president and business developer in the Los Angeles office. Robertson, who previously served as HGA's business developer between 2006 and 2010, will implement new business and marketing strategies in healthcare, higher education and government/corporate market sectors in southern California.

CONSTRUCTION COMPLETE ON NADEL-DESIGNED AZALEA REGIONAL SHOPPING CENTER

SOUTH GATE, Calif. - October 28, 2014 - (RealEstateRama) -- Construction on the Nadel-designed Azalea Regional Shopping Center is now complete, bringing a new 32-acre retail hub to the city of South Gate, California. Located at 4635 Firestone Blvd., and owned by Primestor Development, Inc., the project includes more than 370,000 square feet of retail space and 37 stores. Construction on the site kicked off in September 2012 and was completed in August 2014

Westwood Financial Corp. Announces Opening of Rally House at Old Town Center in Dallas

DALLAS/LOS ANGELES - October 28, 2014 - (RealEstateRama) -- Westwood Financial Corp. (WFC), one of the largest privately held owner-operators of retail properties in the United States, has announced that Rally House has signed a 10-year lease for a 6,203-square-foot location at WFC’s Old Town Shopping Center, located on Greenville Avenue and Lovers Lane, in Dallas, which opened on August 29. The addition of Rally House, a specialty sports boutique, further diversifies the center’s retail offerings. With tenants that include eateries, medical services, fitness centers and home décor outlets, the center continues to meet the region’s evolving consumer demographic.

BH Properties Acquires Retail Center in Northern Nevada for $6 Million

SPARKS, Nev./LOS ANGELES - October 24, 2014 - (RealEstateRama) -- BH Properties, a Los Angeles-based firm that specializes in acquiring and repositioning challenged or distressed real estate properties, has purchased Los Altos Crossing, a retail center located at Sparks Boulevard and Los Altos Parkway in Sparks, Nevada, for $6 million.
Kennedy Wilson

Kennedy Wilson Hires Two in Austin Office

WASHINGTON, D.C. - October 16, 2014 - (RealEstateRama) -- International real estate investment and services firm Kennedy Wilson has announced the hire of Victor Russo, CCIM, CPM®, and Su Kosub, CCIM, to the firm’s Properties Group in Austin, Texas. Russo has been appointed as the regional director of acquisitions and investment sales, and Kosub as senior director of investment sales and leasing. With these hires, Kennedy Wilson continues its momentum from the additions to the firm’s San Antonio office earlier this year to further expand its presence in Texas

NADEL-DESIGNED SHOPPING VILLAGE NOW OPEN IN LAGUNA HILLS

LAGUNA HILLS, Calif. - October 2, 2014 - (RealEstateRama) -- The Village at Nellie Gail Ranch (The Village), a shopping center located at the intersection of Moulton Parkway and La Paz Road in Laguna Hills, California, is now open to local shoppers after a $17 million extensive remodel and expansion by Nadel, incorporating 28,000 additional square feet of retail space. The Village was originally built in the 1980s and now includes approximately 88,000 square feet of retail

RICS HOSTING INTERNATIONAL INVESTMENT PANEL AT THE INTERNATIONAL MONETARY FUND WITH KEY GLOBAL INVESTORS

WASHINGTON, D.C. - September 17, 2014 - (RealEstateRama) -- RICS, a global professional organization which promotes and enforces the highest professional qualifications and standards in the development and management of real estate, property and construction, will host a panel presentation on international investment at the International Monetary Fund in Washington D.C. on Sept. 17, 2014, from 6 p.m. to 8 p.m., bringing together international investors on a global platform for an evening of networking and discussion.

C.W. DRIVER BEGINS CONSTRUCTION ON 460,000-SQUARE-FOOT FOUNTAINVIEW AT GONDA IN WEST LOS ANGELES

LOS ANGELES – Sept. 11, 2014 – C.W. Driver, a premiere builder serving California since 1919, has begun construction on Fountainview at Gonda West Los Angeles Westside Campus. Situated on 2.5 acres in the Playa Vista neighborhood, the 460,000-square-foot continuing care retirement community will provide more than 500 Westside seniors with a full range of active living, healthcare and in-home services. Designed by Gensler, the $100 million complex will feature 175 luxurious apartment units for independent living as well as 24 assisted living and memory care. Construction is scheduled for completion in 2016.

BH Properties Acquires 62,776-square-foot Warehouse in Phoenix

PHOENIX/LOS ANGELES - September 6, 2014 - (RealEstateRama) -- BH Properties, a Los Angeles-based firm that specializes in acquiring and repositioning challenged or distressed real estate properties, has purchased the Shasta Beverages, Inc. warehouse facility, located at 301 S. 29th St. in Phoenix, for $1.9 million. The all-cash deal closed in 18 days.

BRIAN CHARTRAND NAMED PRESIDENT OF DRIVER URBAN

IRVINE, Calif. - September 5, 2014 - (RealEstateRama) -- With more than 17 years of diverse experience and industry knowledge, Brian Chartrand, LEED-AP, has been named president of Driver URBAN, a subsidiary of C.W. Driver. Answering the increased demand for higher density, urban living, Driver URBAN specializes in the construction of multi-family apartments, mixed-use developments, student and senior housing, affordable housing, and hospitality projects. Chartrand oversees all operations and client relations at Driver URBAN in his role as president in addition to sitting on the executive board of the parent company

Westwood Financial Corp. Signs Publix Super Markets as Anchor Tenant

ROCK HILL, S.C. /LOS ANGELES - September 2, 2014 - (RealEstateRama) -- Westwood Financial Corp. (WFC), one of the largest privately held owner-operators of retail properties in the United States, has announced that Publix Super Markets has now opened as the new anchor tenant at WFC’s Cherry Road Crossing, located off the Cherry Road exit on Highway 77 in Rock Hill, South Carolina, replacing Bi-Lo
Kennedy Wilson

Kennedy Wilson Represents Buyer in $16.4 Million Sale of Self-Storage Portfolio

WASHINGTON, D.C. - August 28, 2014 - (RealEstateRama) -- Global real estate investment and services firm Kennedy Wilson has announced that it represented the buyer in the sale of a self-storage portfolio for $16.4 million. Family-owned by the AMS Group for more than 40 years, the portfolio consists of three properties totaling 158,000 square feet located throughout Los Angeles and Riverside counties

Nadel-Designed Juanita Tate Marketplace Now Open

LOS ANGELES - August 19, 2014 - (RealEstateRama) -- Nadel-designed Juanita Tate Marketplace is now open, bringing 77,096 square feet of outdoor retail space with a full-service grocery to the highly underserved surrounding community. Located at 944 East Slauson Avenue in South Los Angeles, the $21 million development is situated on a 6.5-acre site, which was formerly used as a scrap-metal plant. Construction began in May 2013 and completed in April 2014
Kennedy Wilson

Kennedy Wilson Awarded Management of San Francisco Financial District High-Rise

SAN FRANCISCO - August 19, 2014 - (RealEstateRama) -- Global real estate investment and services firm Kennedy Wilson has been awarded the property management contract for 555 Montgomery Street, an 18-floor, Class A office building located in the heart of San Francisco’s financial district

Business Real Estate Press Releases

Top Tips For Buying Your First Home

Buying your first home can be stressful, but it doesn’t have to be. While moving home can be a whirlwind, with a good understanding of the process and what documents you need to be completed by what stage of the moving process, you can rest assured that your move will go to plan. In order to make buying your first home easier for you, we've put together some of our top tips.

Recent Gov & Nonprofit Real Estate Press Releases

Housing Partnership Network

Housing Partnership Fund Awarded $2.25M from CDFI Fund

Last week, 15 of Housing Partnership Network’s (HPN) social-mission driven affordable housing members and HPN’s own Community Development Financial Institution (CDFI), Housing Partnership Fund