GLENDALE, CALIF. — JLL Capital Markets has arranged a $125 million loan from Oaktree Capital Management for The Amidi Group’s TenTen Campus in Glendale. The loan enables The Amidi Group to retire existing construction debt on the eight-story, newly developed property. Residents began moving in February 2025. The property was 95 percent occupied at the time of the transaction’s closing. Spanning 220,018 square feet, the community’s 228 units are offered as studios, one- and two-bedroom apartments. Amenities include a resort-style pool and hot tub, a rooftop terrace with skyline views, fitness center with steam room and sauna, a business center and approximately 5,200 square feet of ground-floor retail space. Units feature floor-to-ceiling windows, stainless-steel appliances, in-unit washers and dryers, quartz countertops and personal balconies in select units.
Western
FORT COLLINS, COLO. — Equus Capital Partners has sold Bucking Horse Apartments in Fort Collins to The Milestone Group for an undisclosed amount. Newmark arranged the sale as well as acquisition financing. Bucking Horse Apartments offers 322 units in one-, two- and three-bedroom layouts as well as 18 townhomes with attached garages. Apartments feature open-concept layouts, private balconies or patios with exterior storage closets and kitchens equipped with stainless-steel appliances and islands. Amenities are anchored by The Ranch House clubhouse, which includes a private movie theater, resident lounge space, a resort-style pool and year-round hot tub, a 24-hour fitness center and community garden beds. The property, developed in 2018, is located within the Bucking Horse master-planned community.
PASADENA, CALIF. — Perform Properties has signed six new leases at One Colorado, a 240,000-square-foot urban lifestyle center in Pasadena. Contemporary Mexican restaurant Javier’s and New York-based fashion brand rag & bone are already open at the property. The recent openings coincided with the debut of the redesigned courtyard, which features a series of outdoor “rooms.” Meanwhile, various concepts such as Sundays, Monarch Athletic Club, Sockerbit and Thaim will launch in 2026. Additional tenants at One Colorado include The Cheesecake Factory, Anthropologie, Alo Yoga, The Container Store, Sephora and Vuori.
TEMPE, ARIZ. — Home photographer Rocket Lister has acquired a two-story office building, located at 4625 S. Wendler Drive in Tempe, from Batch Leads for $5.7 million. Rocket Lister will use a portion of the 46,804-square-foot building for its headquarters and lease the remaining space. Kurt Kerner and Connor Maloney of Kidder Matthews represented Rocket Lister in the transaction and will manage leasing of the property.
GLENDALE, ARIZ. — New York City-based Time Equities Inc. (TEI) has acquired Cactus Plaza, a 25,620-square-foot neighborhood shopping center in Glendale, roughly nine miles northwest of downtown Phoenix near the Arizona State University West Valley campus. Built in 1985, the center was 93 percent leased to a mix of restaurant, beauty and service-oriented tenants at the time of sale. Cactus Plaza marks the second retail property that TEI has acquired in the state. Ami Ziff, Jonathan Kim and Grant Scott internally represented TEI in the transaction. Chase Dorsett of Newmark represented the seller.
SAN LEANDRO, CALIF. — Sack Capital Partners and Align Finance Partners have closed on structured financing on behalf of Step Up Housing for its $47.4 million acquisition of Woodchase Apartments, an affordable multifamily property in San Leandro. Sack will also provide asset and property management for the property. Located at 2795 San Leandro Blvd., Woodchase Apartments offers 186 studio, one- and two-bedroom floor plans spread across 13 buildings. Originally built in 1976, the community includes 93 loft-style apartments with 19-foot ceiling heights. Institutional Property Advisors represented the undisclosed seller in the deal.
Origin Investments, Confluence Cos. to Develop 298-Unit Brickyard Apartments in Castle Rock, Colorado
by Amy Works
CASTLE ROCK, COLO. — Origin Investments and Confluence Cos. have formed a joint venture to develop Brickyard Apartments in Castle Rock. The 298-unit multifamily community will be part of Confluence’s 31-acre master-planned development, The Brickyard. Situated on 3 acres, Brickyard Apartments will feature 36 studio, 149 one-bedroom, 98 two-bedroom and 15 three-bedroom residences, with rents ranging from $1,600 to $3,150 per month. Community amenities will include a rooftop pool with a hot tub, lounge sauna and cold plunge, a fitness center, private social lounge and kitchen, outdoor terrace area, golf simulator, courtyards with green space, a dog spa and covered parking. Additionally, the property will feature a for-sale 38,300-square-foot commercial condominium.
Quantum Capital Partners Secures $26M Construction Loan for Apartment Project in Rosemead, California
by Amy Works
ROSEMEAD, CALIF. — Quantum Capital Partners has arranged a $26 million construction loan for Prospect Village, an apartment development in Rosemead. Kevin Wong of Quantum Capital secured the financing for the borrower, The Connected Cos., which is developing the property. Located along the Garvey Avenue corridor, Prospect Village will feature a seven-story multifamily complex offering 75 one-, two-, three- and four-bedroom residential units and 6,350 square feet of ground-floor retail space. Designed by Scale Labs Architects, the low-rise structure will feature a cascading terrace deck design at the rear, offering outdoor space and architectural interest. The project is expected to break ground immediately.
CARLSBAD, CALIF. — CBRE has brokered the $22.1 million sale-leaseback of 2470 Faraday Avenue, a 19.4-acre site in Carlsbad. BLT Enterprises acquired the asset from the seller, a global science and technology company. The site includes a 127,200-square-foot industrial research and development and manufacturing facility, which the seller will lease back. The facility features highly specialized lab and research and development space, as well as manufacturing and distribution space. The facility has been owned and operated by the seller since the mid-1970s. Hunter Rowe, Matt Carlson, Michael Longo, Eric Cox, Barbara Perrier, Joe Cesta and Brian Russell of CBRE represented the seller in the deal.
REDDING, CALIF. — SRS Real Estate Partners has arranged the sale-leaseback of a retail property located at 3055 Shasta View Drive in Redding. North State Grocery sold the asset to an undisclosed real estate investment trust for $12.8 million. Holiday Market occupies the 31,222-square-foot building, which was completed this year, on an absolute triple-net lease with 20 years remaining, including scheduled rent increases and multiple options to renew. The grocery store is part of the Holiday Marketplace that also includes Starbucks Coffee and Quick Quack Car Wash. Alexander Moore of SRS Capital Markets represented the seller in the transaction.