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Bascom Group Managing Partner Jerry Fink to discuss multifamily investment strategy at The Future of South Orange County. |
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The Walt Disney Co. has put plans to develop a fourth hotel at Disneyland Resort on an indefinite hold after the city of Anaheim told the company that it would not be qualified to receive a city pre-approved tax rebate. 
Anaheim City Attorney Robert Fabela sent Disney a letter on Aug. 6 stating there is an inconsistency in the pre-approved project and the current 31-acre site the company had chosen to build the 900K SF, 700-room luxury hotel. The site…
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130K SF Mixed-Use Project Planned Next To Laguna Niguel Metrolink
A JV of Blackwood Real Estate and Walbern is planning to develop a 100-unit mixed-use project next to the Laguna Niguel Metrolink station. The unnamed 130K SF, seven-story development at 27762 Forbes Road will consist of 100 two- and three-bedroom condominiums…
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Wildfires Burn Through Housing, Hotel Profits In CaliforniaCalifornia has been hit hard by wildfires in the past two years, with this year's fires burning across the state with no immediate end in sight. Areas hit by last year's fires continue to recover even as new parts of the state burn. Tourist draws, such as Yosemite, are once again trying to lure back visitors even as they plan for the elevated fire crisis that lies ahead for the state. As communities deal with this year's fires, conversations are ongoing about how to better prepare for the future. |
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Middle-Class Misery: Housing Crisis Hitting Cities, Working Americans Harder Than Ever BeforeTen years after the Great Recession roiled the global financial system and sent the American economy into a tailspin, the U.S. has roared back to boast an unemployment rate below 4% — a figure not seen since the 1960s. Yet, despite the influx of jobs, wage growth has remained stagnant, leaving millions of middle-class Americans without savings, living paycheck to paycheck as they continue to fight for what generations before have taken for granted: decent, affordable housing. |
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BKM Scoops Up Industrial Business Park In Burbank For $85M
Continuing its strategy of finding value-add multi-tenant light industrial investments, Newport Beach-based investment fund manager BKM Capital Partners has scooped up a 302K SF industrial business park in Burbank for $84.75M. BKM acquired the Backlot Burbank, a 12-building industrial campus at…
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