2 Irvine office buildings ‘flipped’ for $355 million
by Jonathan Lansner on June 30, 2020 at 4:03 pm
Broadcom’s offices at Five Point Gateway in Irvine have been sold by the developer of the Great Park Neighborhoods, Five Point Holdings.
Is 2020 a repeat of 2010 in commercial real estate?
by Allen Buchanan on June 25, 2020 at 11:00 pm
I see many similar characteristics in today’s 2020 environment and that of 2010.
Coronavirus pummels commercial real estate, could end long boom
by The Associated Press on June 24, 2020 at 7:27 pm
Americans are likely to see more “for rent” signs in the coming months as many businesses devastated by the coronavirus pandemic abandon offices and storefronts and potentially end a long boom in the nation’s commercial real estate market.
Measure twice, cut once: A retail lease that could have gone south
by Todd Dorn on June 21, 2020 at 1:00 pm
Always ask for a re-measurement if work is taking place, just in case the leased space changes and is less than first agreed to.
Real estate news: 115 new townhomes coming to Anaheim
by Staff report on June 19, 2020 at 3:00 pm
Also in the news: Glaukos Corp. HQ in Aliso Viejo has sold for $73.5 million. The med-tech company that focuses on eye disease treatments and devices has a 13-year lease.
Is SB 939’s rent relief good for commercial real estate owners?
by Allen Buchanan on June 12, 2020 at 4:15 pm
In its amended form, the lease termination provision has been narrowed and only applies to restaurants, bars, and places of entertainment, but the rent relief would be available to ALL commercial tenants meeting certain criteria.
6 elements of a best and final offer during a pandemic
by Allen Buchanan on June 6, 2020 at 12:00 pm
If deals are afoot in the post-COVID world, remember to put a best offer forward to help sellers feel confident in your pitch.
What’s a dreaded ‘re-trade’ in commercial real estate deals?
by Allen Buchanan on June 4, 2020 at 12:00 pm
A buyer has made it through inspections and the contingency phases. What could go wrong? A request for a new price, perhaps?
Status Update: Fairmont Private Schools buys south county campus for $22.75 million
by Samantha Gowen, Staff report on May 25, 2020 at 3:30 pm
Also in the news: Kirkwood Orange, a senior living community located Orange, has been sold to Irvine-based MBK Senior Living. Terms were not disclosed.
Orange County real estate developer cleared of defrauding investors
by Jeff Collins on May 22, 2020 at 3:00 pm
Irvine-based Shopoff Realty had been accused of extensive securities fraud. But a hearing panel found “the evidence (is) insufficient to sustain the charge.”