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    Economy Watch: Retail Sales Dip in May

    By Dees Stribling Image courtesy of Flickr Creative Commons user southareapictures. U.S. retail and food service sales dropped 0.3 percent in May compared with April, the Census Bureau reported on Wednesday. That’s the weakest monthly report for retail sales in more than a year and a half. Compared with the same month

    14 June 2017 15:55

  • Wolff Completes Construction in Downtown LA

    Located in the South Park district, the seven-story community consists of 347 units and 19,000 square feet of ground-floor retail and amenity space.

    25 April 2017 14:50

  • JPI Lands Financing for $104M San Diego Community

    The 172-unit Jefferson Pacific Beach will encompass three acres and include 14,000 square feet of ground-level retail and creative office space.

    01 September 2017 16:08

  • Rents Rise Despite Surging Deliveries in Denver

    Growth has cooled since the metro was among the nation’s leaders in appreciation, but rents are now increasing at a more sustainable pace.

    05 September 2017 12:43

  • Bay Area Senior Living to Break Ground

    Embarking on a five-year, multi-phase project, Wilson Investment Properties will build Paradise Value Estates, a 140-unit assisted living community in Fairfield, Calif.

    19 October 2017 16:07

  • CMBS Delinquencies

    Retail properties had the largest decline, at $639 million, while office decreased by $518 million.

    19 June 2017 18:10

  • Dougherty Secured Loan for New Brighton Community

    The company closed a $1.6 million Fannie Mae loan for a two-building multifamily property in New Brighton, Minn. The community was 99.1 percent occupied as of March.

    08 May 2017 08:54

  • Stepp Facilitates Long Beach 1031 Exchange

    The three-property portfolio traded for $10.6 million or nearly $189,000 per unit and closed at a 4.6 percent cap rate.

    31 May 2017 14:03

  • Oklahoma’s Largest Community Changes Hands

    ARA Newmark closed the $60.5 million sale of Brookwood Village, a 1,128-unit property in suburban Oklahoma City. Weidner Apartment Homes purchased the asset from Case & Associates.

    05 July 2017 15:16

  • Far South Houston Community Changes Hands

    Highland Capital Management sold Regatta Bay Apartments, a 240-unit community in Seabrook, Texas, to Lloyd Jones Capital. This is the eleventh Texas property operated by the new owner.

    19 July 2017 17:34