Wednesday, April 14, 2021

Ground broken on South Bay Logistics Center in Carson

CT Realty and Clarion Partners have broken ground on South Bay Logistics Center, a Class A, industrial facility, in Carson. The single-tenant, free-standing building is...

Malibu’s mixed-use development secures $130 million in construction loan

Pacific Equity Properties secured $130 million in construction financing for Cross Creek Ranch Malibu in Malibu. Cross Creek Ranch Malibu is a 112,000-sq.-ft. mixed-use development...
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Anto DevCo building new 205-unit mixed use project in Santa Cruz

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Builder/developer Anton DevCo has acquired a 1.44-acre development site in downtown Santa Cruz as a land assembly to build a new 205-unit apartment community....
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Rising costs, supply chain disruptions add to construction industry pandemic challenges: AGC

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Another round of steep price increases and supply-chain disruptions are wreaking hardships on contractors, driving up construction costs and slowing projects, according to an...
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ABC’s Construction Backlog Indicator rose sharply in February; contractor optimism builds

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Associated Builders and Contractors (ABC) reported on March 9 that its Construction Backlog Indicator rose to 8.2 months in February, according to an ABC...

Boyd Gaming to build casino project in Elk Grove

Boyd Gaming and the Wilton Rancheria Tribe have unveiled plans to break ground on the tribe's gaming resort in Elk Grove on March 9,...

Ground broken on $120 million affordable housing in Los Angeles

The Actors Fund and affordable housing developer Thomas Safran & Associates have broken ground on The Hollywood Arts Collective in Los Angeles. The $120-million project...

Construction underway on $9 million hangar project in San Francisco’s Tri-Valley area

Construction is underway on a new hangar at Five Rivers Aviation, the FBO at the Livermore Municipal Airport located in San Francisco’s Tri-Valley area. The...

South L.A. project for individuals experiencing homelessness secures financing

The SDS Supportive Housing Fund (SHF), a private-equity impact fund that finances new, financially-sustainable permanent supportive housing for individuals experiencing homelessness, announced that it...

Sterling wins $135 million dam project in Inyo County

Sterling Construction says that its subsidiary Road and Highway Builders has been awarded a $135 million heavy civil contract by the City of Los...

Projects and opportunities

Los Angeles’ Hope on Avalon project secures $33 million in construction loan

A housing building project, jointly developed by LSA Capital and Aedis Real Estate Group, has secured more than $33 million in construction loans. The planned...
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LA building permits decline 17 per cent in third FY quarter, reflecting COVID-19

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Data from the Los Angeles Department of Building and Safety (LADBS) indicates the significant impact of COVID-19 on Southern California's regional construction market, though...

Hines buys land for industrial project in San Diego

Hines has closed on 16.4 acres of land for the development of Raceway Industrial, an industrial logistics site near San Diego. Current development plans for...