Wednesday, December 3, 2025
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AcquisitionsCaliforniaRetailWestern

Brixton Capital Sells Pavilion Shopping Center in Vista, California for $30.5M

by Amy Works

VISTA, CALIF. — Brixton Capital has completed the disposition of Pavilion Shopping Center, a grocery-anchored retail center in Vista. Milan Capital Management acquired the asset for $30.5 million. Located at 1900-98 Hacienda Drive, the open-air shopping center offers 137,742 square feet of retail space. At the time of sale, the property was 95.3 percent leased to a variety of tenants, including North Park Produce, Skechers, Dutch Bros Coffee, Biolife Plasma Services and Dunn-Edwards Paints. The Dutch Bros drive-thru pad building was completed in February 2025. Situated on 10.8 acres, the property underwent extensive capital improvements, including a completely renovated parking lot that was sealed and striped in March 2025. Gleb Lvovich, Geoff Tranchina and Daniel Tyner of JLL represented the seller. Jeff Sauze, John Chun and Allie Black of JLL secured $19.5 million in acquisition financing for the buyer.

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AcquisitionsCaliforniaRetailWestern

Hanley Investment Group Negotiates Sale of 110,485 SF Shopping Center in Corona, California

by Amy Works

CORONA, CALIF. — Hanley Investment Group Real Estate Advisors has negotiated the sale of Sierra del Oro Towne Centre, a 110,485-square-foot shopping center located in Corona. Ralphs and Dollar Tree anchor the property, which was fully leased at the time of sale. Additional tenants include Anytime Fitness, Chase Bank, Jack in the Box, Domino’s Pizza, Green River Montessori School, Wingstop, Kumon Math and Reading Center, Fantastic Sams Cut & Color and PostalAnnex. Sierra del Oro Towne Centre marks Hanley’s sixth grocery-anchored shopping center sale over the previous 12 months. Kevin Fryman and Ed Hanley represented the seller, Phillips Edison & Co., in the transaction. Jesse Millman of Newmark represented the buyer, a private 1031 exchange investor based in Northern California.

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LoansMultifamilyOregonWestern

Gantry Secures $17.5M Refinancing for Multifamily Property in Portland

by Amy Works

PORTLAND, ORE. — Gantry has secured a $17.5 million permanent loan to refinance maturing debt for an apartment community in southwest Portland. The three-story, garden-style community offers 178 one-, two- and three-bedroom floor plans. Apartments include in-unit washers/dryers, gas fireplaces and patios/balconies with carports and/or garages. Community amenities include a clubhouse, pool, spa and fitness center. Blake Hering, Kristin Lapinskas and Abi Hunter of Gantry represented the borrower, a private family office. The 10-year, nonrecourse permanent loan was secured through a life company lender from Gantry’s exclusive correspondent network and features a 25-year amortization at a fixed rate for a legacy hold. Gantry will service the loan.

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CaliforniaLoansMultifamilySeniors HousingWestern

Helios Arranges Refinancing for 165-Bed Skilled Nursing, Assisted Living Portfolio in Southern California

by Amy Works

FILLMORE AND SAN BERNADINO, CALIF. — Helios Healthcare Advisors has arranged the refinancing of a two-property portfolio in California. EVA Care Group was the borrower. The portfolio totals 165 beds across a skilled nursing facility in San Bernardino and an assisted living community in Fillmore. According to Helios, both properties were previously mortgage free, allowing for greater liquidity. Helios secured funding through a private credit fund. The financing was structured to strengthen working capital throughout the borrower’s broader portfolio. 

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AcquisitionsCaliforniaMultifamilyWestern

Advanced Real Estate Buys 104-Unit Newhope Village Apartment Property in Irvine

by Amy Works

IRVINE, CALIF. — Advanced Real Estate has acquired Newhope Village, a multifamily property located in Irvine. Terms of the transaction were not disclosed. The gated, podium-style property features 104 apartments, a pool, fitness center and tot lot. Advanced Real Estate plans to renovate and upgrade the asset including the addition of in-unit washers and dryers, new cabinetry, flooring, fixtures, appliances, windows and a modern paint scheme. Upgrades will be completed by Advanced’s in-house construction company, R3 Construction, and in-house property management company, Advanced Management Co.

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AcquisitionsCaliforniaFloridaGeorgiaIndustrialNew JerseyNew YorkPennsylvaniaTop Stories

Investcorp Acquires 2.6 MSF Industrial Portfolio for $400M

by Hayden Spiess

NEW YORK CITY — Global alternative investment firm Investcorp has completed the $400 million acquisition of an industrial portfolio located in markets across the Eastern and Western United States. The seller was not disclosed. Totaling 2.6 million square feet, the portfolio comprises 35 buildings across seven markets. Properties in the portfolio include a 76,000-square-foot, two-building portfolio in Philadelphia; a 44,000-square-foot building in New Jersey; 92,000 square feet across two buildings on Long Island; a 1.3 million-square-foot logistics portfolio in Sacramento, Calif.; 156,000 square feet across two buildings in Tampa, Fla.; a 115,000-square-foot, three-building portfolio in South Florida; and a 12-building, 814,000-square-foot portfolio on Atlanta’s north side.  Average occupancy across the portfolio was at 97 percent as of October.  According to Green Street Advisors, each of the seven markets associated with the portfolio saw strong demand growth in the industrial sector during the third quarter of 2025. The firm noted that new supply in these markets makes up less than 1.3 percent of current inventory. “Despite shifting trade dynamics and supply chain disruptions across the country, the U.S. industrial sector has retained its foundational strength,” says Herb Myers, global head of real assets at Investcorp. “This is particularly true for these and similar …

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AcquisitionsCaliforniaIndustrialWestern

Bridge Logistics Properties Buys 1.1 MSF Distribution Facility in Fontana, California for $174M

by Amy Works

FONTANA, CALIF. — Bridge Logistics Properties (BLP) has acquired a 1.1 million-square-foot multi-tenant distribution facility in Fontana for $174 million in an off-market transaction. Additional details of the transaction were not released. Michael Hefner, Juan Guiterrez and Shy Assar of Voit Real Estate Services Anaheim-Ontario brokerage team represented the buyer in the deal. Situated on 45.9 acres at 10681 Production Ave., the cross-dock distribution center features 220 dock-high loading doors, 185-foot truck courts, 274 trailer parking stalls, an ESFR sprinkler system and immediate access to Interstate 10.

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CaliforniaLoansMultifamilyWestern

Bravo Capital Provides $49.4M Refinancing for Multifamily Community in San Diego

by Amy Works

SAN DIEGO — Bravo Capital has provided a $49.4 million HUD 223(f) refinance for a 206-unit multifamily property in San Diego. The loan provides the undisclosed borrower with long-term, fixed-rate, nonrecourse financing and improves cash-flow stability. The HUD loan refinanced the property’s existing debt and secured favorable terms for the borrower, according to Bravo.

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CaliforniaHospitalityLoansWestern

S3 Hotel Group Receives $38.6M Refinancing for Dual-Branded Hotel in Lake Forest, California

by Amy Works

LAKE FOREST, CALIF. — S3 Hotel Group has received $38.6 million in refinancing for the 208-key, dual-branded Homewood Suites by Hilton and Hampton Inn Irvine Spectrum Lake Forest hotel. Olga Walsh of JLL Capital Markets Debt Advisory led the team to secure a five-year, fixed-rate loan through a private wealth management division of a global financial services firm for the borrower. Located at 23021 Lake Center Drive in Lake Forest, the property features 116 Homewood Suites rooms and 92 Hampton Inn rooms. The Homewood Suites offers extended-stay accommodations with full kitchens, dishwashers and cooking utensils, while Hampton Inn rooms provide traditional hotel amenities with modern furnishings. Onsite amenities include 2,000 square feet of meeting space, a 24-hour fitness center, an outdoor pool with barbecue facilities, guest laundry, complimentary hot breakfast buffet, evening bar service and a 24-hour convenience shop. The Homewood Suites portion features additional amenities including complimentary evening social events Monday through Thursday.

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50249-Cesar-Chavez-St-Coachella-CA
AcquisitionsCaliforniaRetailWestern

JLL Negotiates $12.9M Sale of Retail Plaza in Coachella, California

by Amy Works

COACHELLA, CALIF. — JLL Capital Markets has arranged the sale of Coachella Plaza, a shopping center located at 50249 Cesar Chavez St. in Coachella. The asset traded between two private investors for $12.9 million. Planet Fitness, WSS, Absolute Dollar and Innercare are tenants at the fully occupied, 84,820-square-foot property, which is shadow anchored by Cardenas Markets. Max Kinsbruner and Brian Quinn of JLL represented the seller and buyer in the deal.

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