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LOS ANGELES, Sept. 17, 2021 /PRNewswire/ -- Staley Point Capital ("Staley Point"), a value-add investor focused on infill industrial properties, today announced the acquisition of 2187 Garfield, a 132,000 square-foot cross-dock warehouse in Commerce, CA, for $38.5 million, or $292 per square foot.
LOS ANGELES, Sept. 16, 2021 /PRNewswire/ -- Leading Los Angeles Compass real estate team, Ari Afshar & Associates, has announced it has rebranded to VOYAGE Real Estate, a pivot symbolizing the integration of the real estate industry's top agents, seasoned consultants, and elite professionals, all focused on providing the highest level of service and support.
SAN FRANCISCO, Sept. 16, 2021 /PRNewswire/ -- PocketBuildings, a real estate technology platform that helps commercial real estate professionals develop, manage, and transact faster by organizing their extensive virtual content, announced today that it surpassed 100 million square feet on its platform since launching 18 months ago. This milestone represents its first step toward digitizing the world of CRE.
EL SEGUNDO, Calif., Sept. 16, 2021 /PRNewswire/ -- An investment group led by Ocean West Capital Partners ("Ocean West"), Tiger Alternative Investors, Ltd. ("Tiger"), and NH Investment & Securities Co., Ltd ("NH"), has closed on the acquisition of The Monterey, a newly built, 442-unit multifamily project located in the Inland Empire community of Corona, CA.
WEST COVINA, Calif. and SAN DIEGO, Sept. 15, 2021 /PRNewswire-PRWeb/ -- San Diego-based healthcare real estate developer PMB has been selected to develop the 60,000-square-foot Emanate Health Medical Arts Building II and Parking Structure in West Covina.
SANTA MONICA, Calif., Sept. 14, 2021 /PRNewswire/ -- Macerich (NYSE:MAC) announced today that it will present in the BofA Securities 2021 Global Real Estate Conference to be held virtually September 21-23, 2021. Tom O'Hern, Chief Executive Officer and Director, Scott Kingsmore, Senior Executive Vice President, Chief Financial Officer and Treasurer, and Doug Healey, Senior Executive Vice President Leasing, will participate in a live roundtable discussion Wednesday, September 22, 2021 at approximately 12:00 pm EST.
Pacaso names Spain as the first market for Pacaso Global and doubles its presence in domestic second home destinations
SAN DIEGO, Sept. 14, 2021 /PRNewswire-PRWeb/ -- Measurabl, the world's most widely adopted ESG (environmental, social, governance) technology platform for real estate, announced today it has closed $50 million in Series C funding. The funds will accelerate the expansion of Measurabl's platform and support the launch of new services to meet rapidly growing global demand for sustainability and decarbonization tools. The round was led by Energy Impact Partners, a global investment firm leading the transition to a sustainable energy future.
SAN FRANCISCO, September 14, 2021 /PRNewswire/ -- Pacaso, the leading real estate platform that helps people buy and co-own a second home, today announced $125 million in Series C funding, bringing the company's valuation to $1.5 billion and total equity funding to more than $215 million. This round was led by SoftBank Vision Fund 2*. Additional funding was provided by Fifth Wall, the largest venture capital firm focused on technologies for the global real estate industry, and Gaingels, a leading investment syndicate supporting diversity and increased representation of the LGBTQ community and allies. The round also included participation from prior investors Greycroft, Global Founders Capital, Crosscut, and 75 & Sunny Ventures.
LOS ANGELES, Sept. 14, 2021 /PRNewswire/ -- KORE Pacific Advisors, sponsor of Keppel Pacific Oak US REIT Management Pte. Ltd., announced today that Keppel Pacific Oak US REIT (KORE), an office REIT listed on the main board of the Singapore Exchange Securities Trading Limited (SGX-ST) will be included in the FTSE EPRA Nareit Global Developed Index beginning September 20, 2021. According to the index's factsheet as of August 31, 2021, there are 17 Singapore REITs (S-REIT) and property trusts in the FTSE EPRA Nareit Global Index.