CRE: South Coast Santa Barbara sales continue struggling
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Real estate investor set to buy The Oaks for $157M
Stockdale Capital Partners is in contract with Macerich to buy The Oaks shopping mall in Thousand Oaks for $157 million, according to The Real Deal. Macerich CEO Jack Hsieh told shareholders this month that his company is set to sell The Oaks before the end of the year, but declined to identify the buyer. Citing anonymous sources, Read More →
CRE: Community Health Center unveils new battery system
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CRE: HTFVC announces $3.1 in new funds; Paso’s future housing projects
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CRE: SoCal waste and recycling company opens new facility in Thousand Oaks
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CRE giant secures financing for two Santa Barbara multifamily properties
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Troubled Simi Valley Town Center sold once again
The long-struggling Simi Town Center has been sold for $38 million, the latest time it has switched hands since opening in 2005. Archway Capital announced Oct. 16 that it provided a $22.8-million loan to help acquire the 593,827-square-foot open-air shopping mall in Simi Valley. The new owners are SteelWave, a San Mateo-based commercial real estate developer, and Read More →
