Western

Mill Creek Residential Breaks Ground on 280-Unit Multifamily Project in Des Moines, Washington

by Amy Works April 9, 2026

DES MOINES, WASH. — Mill Creek Residential has begun construction of Modera Woodmont Beach, an apartment community in Des Moines, 20 miles south of downtown Seattle. Resident move-ins are estimated to begin in summer 2027. Modera Woodmont Beach will include 280 one-, two- and three-bedroom apartments and 7,500 square feet of retail space. Community amenities will include a resort-style pool, hot tub, an outdoor deck, a grilling and outdoor dining area, a resident clubhouse, coffee bar, dog park, children’s playground and a fitness studio. Additionally, residents will have access to a coworking lounge with private workstations, package storage and gated parking with electric vehicle charging stations. The community will be built to National Green Building Standard (NGBS) certification, which awards points for features such as energy and water efficiency and indoor air quality.

April 9, 2026

Acquisitions California Multifamily Seniors Housing Western

MBK Senior Living Sells Two Communities in California Totaling 198 Units

by Amy Works April 9, 2026

MANTECA AND STOCKTON, CALIF. — MBK Senior Living has sold two seniors housing communities in California totaling 198 units. Clarion Partners acquired the communities for an undisclosed price. Located in Manteca and Stockton, the portfolio includes The Commons at Union Ranch and The Commons on Thornton. Built in 2004, The Commons on Thornton features 100 assisted living and memory care units. The property was 94 percent occupied at the time of sale. The Commons at Union Ranch was built in 2008 and comprises 98 assisted living and memory care units. The community was 97 percent occupied at the time of sale. Aaron Rosenzweig and Dan Baker of JLL represented the seller in the transaction.

April 9, 2026

Acquisitions Colorado Industrial Office Western

Colorado School of Mines Acquires 50,646 SF R&D Facility in Golden

by Amy Works April 9, 2026

GOLDEN, COLO. — Colorado School of Mines has purchased a R&D and laboratory facility located at 16194 W. 45th Drive in Golden. J&N Real Estate Co. sold the asset for $5.8 million. Colorado School of Mines acquired the 50,646-square-foot property as part of its continued expansion to support research, innovation and academic growth in Jefferson County, Colo. Tanner Digby of Digby Commercial Advisors represented the seller, while Kurt Liss of JLL represented the buyer in the deal.

April 9, 2026

Acquisitions Company News Retail Texas Top Stories Western

Ares to Acquire Whitestone REIT for $1.7B, Take Company Private

by Hayden Spiess April 9, 2026

LOS ANGELES AND HOUSTON — Investment firm Ares Management Corp. (NYSE: ARES) has entered into a definitive merger agreement with Whitestone REIT (NYSE: WSR) to purchase the company. Ares will acquire all outstanding Whitestone common shares and operating partnership units for $19 per share in an all-cash transaction valued at roughly $1.7 billion. Upon closing of the transaction, which is expected in the third quarter, Whitestone will become a private company and will no longer trade on the New York Stock Exchange. Houston-based Whitestone is a real estate investment trust (REIT) focused on open-air neighborhood retail markets. As of March 2026, Whitestone’s portfolio comprised 56 retail properties totaling approximately 3.9 million square feet, including retail centers in Phoenix; Austin, Texas; the Dallas-Fort Worth metro; Houston and San Antonio. “Whitestone’s portfolio provides an attractive opportunity to further diversify Ares Real Estate’s footprint with necessity-based retail centers in high-demand, supply-constrained metro regions across Arizona and Texas,” says David Roth, global head of real estate strategy and growth with Ares Real Estate. Whitestone’s board of trustees unanimously approved the transaction, which is subject to customary closing conditions, including approval by Whitestone’s shareholders. “We believe this transaction with Ares is a testament to the …

April 9, 2026

California Hospitality Loans Western

Sonnenblick-Eichner Co. Arranges $26M Refinancing for Residence Inn Hotel in Walnut Creek, California

by Amy Works April 8, 2026

WALNUT CREEK, CALIF. — Sonnenblick-Eichner Co. has arranged a $26 million first mortgage loan to refinance the Residence Inn by Marriott Walnut Creek. Funded by a Wall Street investment bank, the nonrecourse fixed-rate, five-year loan features interest-only payments for the full term. Located in Walnut Creek, the six-story extended-stay hotel features 160 guest rooms and 870 square feet of meeting space, an indoor pool, fitness center, outdoor patio, barbecue area and subterranean parking for 144 cars. The property is located less than one-half mile from the Walnut Creek BART station, which provides access to downtown San Francisco and the surrounding Bay Area.

April 8, 2026

Acquisitions California Industrial Western

Partnership Acquires 113,500 SF Industrial Building in North Los Angeles

by Amy Works April 8, 2026

LOS ANGELES — A partnership between Slater Harding Partners, Foundation Capital Partners and Sierra Ridge Capital has purchased an industrial building, located at 12224 Montague St. in the Pacoima submarket of North Los Angeles, for an undisclosed price. David Harding, Matt Dierckman, Greg Geraci, Billy Walk and Kevin Carroll of Colliers represented the seller, Michael Lichstein, and the buyer in the deal. The 113,500-square-foot property features a clear height of 24 feet, 125-foot truck court, gated yard and 12 dock-high doors. The new ownership plans to implement a renovation program to enhance the building’s appearance and operational functionality.

April 8, 2026

Acquisitions Nevada Office Western

CBRE Negotiates Sale of 43,944 SF South Rainbow Business Park in Las Vegas

by Amy Works April 8, 2026

LAS VEGAS — CBRE has directed the sale of South Rainbow Business Park, an office property located at 5920 and 5940 S. Rainbow Blvd., in Las Vegas. GPS LV Business Park acquired the asset from South Rainbow Park Property Co. LCC for $11.7 million. The 43,944-square-foot office park is fully leased to a mix of professional and medical tenants. Marc Magliarditi and Miranda Jennings of CBRE represented the seller in transaction.

April 8, 2026

Loans Multifamily New Mexico Western

Gantry Secures $10M Refinancing for Sunchase Apartments in Albuquerque

by Amy Works April 8, 2026

ALBUQUERQUE, N.M. — Gantry has secured a $10 milion permanent loan to refinance Sunchase, a multifamily property located at 3901 Montgomery Blvd. NE in northeast Albuquerque’s Reindeer neighborhood. Situated on 10.2 acres, the community consists of 15 garden-style residential buildings offering a total of 240 one- and two-bedroom apartments. Community amenities include a swimming pool with spa, clubhouse, business center, playground, covered parking and gated access. Blake Hering and Kristin Lapinskas of Gantry represented the borrower, a private real estate investor group, in the financing. The seven-year, fixed-rate loan was secured from one of Gantry’s correspondent life companies and features full-term interest-only payments. Gantry will service the loan for the lender.

April 8, 2026

Acquisitions Retail Top Stories Western

Bed Bath & Beyond to Acquire Several Home Retail Brands, Including The Container Store

by Kristin Harlow April 8, 2026

MURRAY, UTAH — Bed Bath & Beyond Inc. (NYSE: BBBY), owner of Bed Bath & Beyond, Overstock, buybuy BABY and Kirkland’s, has signed a letter of intent to acquire the equity interests and substantially all assets of F9 Brands Inc., which owns and operates Cabinets To Go, Lumber Liquidators, Gracious Home/Thos. Baker and Southwind Building Products. The purchase price is nearly $150 million, and the transaction is expected to close after the company’s annual shareholder meeting in May. Murray-based Bed Bath & Beyond says this transaction will represent an additional step in building a national, fully integrated home services platform under “Beyond Home Services,” which will include categories such as storage, closets, cabinets, flooring, installation, renovation and distribution. Kitchen cabinets retailer Cabinets To Go operates more than 100 stores/showrooms nationwide. Lumber Liquidators is a specialty retailer of waterproof and hardwood flooring with more than 200 stores. Southwind Building Products supplies flooring and building materials to a network of 4,400 independent retailers and contractors across the country. Last week, Bed Bath & Beyond announced plans to acquire The Container Store for approximately $150 million in a deal that aims to combine the two retail brands. The Container Store maintains more than …

April 8, 2026

Acquisitions California Restaurant Retail Western

Visintainer Group Brokers Sale of Vintner’s Square Shopping Center in Lodi, California, in Two Transactions

by Amy Works April 7, 2026

LODI, CALIF. — Visintainer Group has arranged the sales of the multi-tenant retail component of Vintner’s Square Shopping Center in Lodi for a combined $23.2 million in a two-part transaction. The sale was structured in two phases approximately one week apart. Gewekw VIII sold a two-parcel portion, occupied by Panera Bread and F&M Bank, to F&M Bank for $8.3 million. Geweke VIII and Geweke Family Partnership LP sold a larger outparcel portion of the retail center to Lodi Exchange LLC and EP Winter Park LLC for $15 million. Brett Visintainer and John Kourafas of Visintainer Group represented the sellers in the transactions. Anna Winters of Colliers represented F&M Bank and Jeff Lefko of Hanley Investment Group represented Lodi Exchange LLC and EP Winter Park LLC in the acquisitions. The sold portions of Vintner’s Square total approximately 48,356 square feet and were 97 percent occupied at the time of sale.

April 7, 2026

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