Sares-Regis Group spends $87M to buy Miracle Mile apartment complex
Sares-Regis Group will buy a Miracle Mile apartment complex for $87 million from a Chicago-based owner.
Source: therealdeal.com
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Big Sunnyvale office complex is seized by lender as office woes widen
A big office complex in Sunnyvale that could be replaced by housing has been seized by its lender, a foreclosure that suggests the Bay Area's office market remains feeble.
Source: mercurynews.com
Family loses everything after home destroyed in unplanned demolition
A Francisville family is homeless after their home was demolished in an unplanned destruction of the property.
Source: fox29.com
55 Acres in SoCal's Warehouse-Rich Inland Empire Trades for $78M – Commercial Observer
Part of a larger property that entitled for a 1.3 million square feet of industrial development in Ontario Ranch
Source: commercialobserver.com
Why Ground Lease REITs Are Building in Popularity
As more property owners in need of liquidity use ground leases to unlock capital, real estate investors could reap the rewards.
Source: kiplinger.com