Regions West | Orange County
NorthMarq Arranges $49M Mortgage for Point Niguel
May 13, 2008
Michael Elmore of NorthMarq Capital, Inc.’s Los Angeles Regional office, arranged first mortgage financing of $49 million for Point Niguel, a 324-unit multi-family complex, located in Laguna Niguel, Calif.
Teams Vie for Convention Center Expansion Project
May 09, 2008
Having recently received three proposals for the expansion of the 1.6 million-square-foot Anaheim Convention Center, the Anaheim City Council is now preparing to announce the winning bid at a meeting on June 10, according to an Orange County Register article.
Robert Maguire Floats Plan to Take Firm Private
April 28, 2008
Robert Maguire III, chairman & CEO of Maguire Properties Inc., has proposed a plan to privatize the REIT. The proposal represents the latest chapter in the company's efforts to resolve its debt problems, which is being spearheaded by a special committee of independent directors.
SoCal Apartment Market to See Modest Rental Uptick
April 10, 2008
The Southern California apartment market, one of the nation's largest, is looking forward to modest rent increases, except in certain highly desirable parts of the region, according to a new study by the University of Southern California Lusk Center for Real Estate.
Hilton Anaheim Begins $60M Renovation
Nov. 09, 2007
Makar Properties L.L.C. has commenced the first phase of a $60 million improvement program at the Hilton Anaheim Hotel, the largest hotel in the region.
Laguna Cliffs Marriott Changes Hands
Oct. 26, 2007
An unnamed buyer has acquired the 376-room Laguna Cliffs Marriott Resort & Spa, which sits on a 12-acre bluff overlooking the Pacific Ocean in Orange County, Calif., according to the broker involved in the deal, Jones Lang LaSalle Hotels. The buyer was an institutional client of Cornerstone Real Estate Advisers.
BPG Inks 122,600SF Tenant in Orange County
Oct. 22, 2007
BPG Properties Ltd., a private equity real estate fund manager, has executed a 122,600-square -foot lease with PODS Enterprise Inc. at Crossroads Anaheim, a two building, 276,800-square-foot industrial complex located in Orange County, Calif.
Southern California Office, Retail Complex Trades in $130M Deal
Sept. 25, 2007
Orange City Square, a 386,000-square-foot office and retail property in Orange, Calif., has just come under new ownership. Acting on behalf of GE Asset Management, Birtcher Anderson Realty L.L.C. took the property off the hands of Massachusetts Mutual Life Insurance Co. in a $130 million transaction.
Orange County Center Rides Wave of Hybrid Centers
Sept. 06, 2007
When its phased opening is complete this fall, the $300 million The District at Tustin Legacy will be both a one-a-kind project for its market and a sign of things to come for retail centers nationwide.
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