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Come 2019 visitors will be able to step inside a simulated Costa Rican rainforest surrounded by thousands of butterflies in Buena Park. Outside the Lines is constructing and designing some parts of the much-anticipated $25M Butterfly Palladium, which will sit on 9 acres at 7711 Beach Blvd. in Buena Park's entertainment corridor. “Once you walk in, you'll feel like you stepped inside a Central American rainforest,” Outside the Lines CEO J. Wickham Zimmerman said. “It will be an immersive experience.” 
The project highlights the growth of Buena Park's entertainment zone and a development shift away from traditional retail to experience-based attractions to attract more visitors. More than 6.4 million tourists visit the city annually, according to the city, with many…
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TruAmerica Buys 264-Unit Apartment Community In Huntington Beach For $90MAdding to its growing multifamily real estate portfolio, Los Angeles-based TruAmerica Multifamily has acquired Pacific Shores, a 264-unit apartment community in Huntington Beach for $90.5M. Affiliates of real estate investment trust UDR Inc. sold the property to TruAmerica. Eastdil Secured's Mark Petersen represented the seller. 
TruAmerica officials said the acquisition was leveraged with seven-year agency financing through Freddie Mac's select sponsor program. Berkeley Point Capital's Mitch Clarfield arranged the financing. Pacific Shores at 7701 Warner Ave. in Huntington Beach, which features a mix of one- and…
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Will Debt Funds Help Bring About The Next Real Estate Downturn?As the real estate industry recovered from the Great Recession, banks became more cautious in their lending practices and opened the door for debt funds. But those funds are at risk of falling into the same trap that banks are avoiding this time around. |
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From Popcorn To Pews: How Movie Theaters Are Finding Other Sources Of RevenueOn Sunday, Senior Pastor Jeff Jones at Plano, Texas-based Chase Oaks Church delivered his weekly sermon. But not all of his 6,000 members sat within the pews of the main church. Some 450 Chase Oaks parishioners watched Jones deliver his weekly message in the same seats that hours before were filled with audiences watching "Black Panther" at the B&B Wylie 12 movie theater in Wylie, Texas. Welcome to the new world of the movie theater. |
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8 Things You Need To Know About The Real Estate Retreat Redefining Dealmaking
Once a year, a carefully curated group of commercial real estate's best and brightest converge to build bonds, share experiences and explore conversations beyond the industry. Welcome to Escape. What began as an answer to the lack of networking platforms…
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