The CoStar Watch List Newsletter for May 2 - May 8

This Week’s Top Stories Investors Re-Open the Spigots to Private Equity Funds After a very slow start to private equity fundraising in 2013, the funding spigots seemed to open up again this past week. Ten sponsoring investment firms reported raising more than $3.5 billion to pump into the recovering CRE markets. That amount is well more than half of what was reported raised in all of the first quarter. Read the Full Story... JPMorgan Packaging...



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/The-CoStar-Watch-List-Newsletter-for-May-2-May-8/148195?ref=/News/Article/The-CoStar-Watch-List-Newsletter-for-May-2-May-8/148195&src=rss

Morgan Joins Lowe Enterprises as SVP

LOS ANGELES-Peter S. Morgan will join Lowe Enterprises Real Estate Group as SVP.

via Los Angeles http://www.globest.com/news/12_595/losangeles/employment/Morgan-Joins-Lowe-Enterprises-as-SVP-332818.html

Van Nuys Multifamily Sold

VAN NUYS,CA-A 25-unit apartment building here has been sold for $4.1 million.

via Los Angeles http://www.globest.com/news/12_595/losangeles/sales/Van-Nuys-Multifamily-Sold-332814.html

Douglas Emmett Obtains $325 Million Term Loan Fixed At 2.35%

SANTA MONICA, CA—Proceeds used to help refi current $365 million loan.

via Los Angeles http://www.globest.com/news/12_595/losangeles/other/Douglas-Emmett-Obtains-325-Million-Term-Loan-Fixed-At-235-332812.html

Cushman and Wakefield Arranges Acquisition of Industrial Building

RANCHO DOMINGUEZ, CA—Buyer CenterPoint will reposition manufacturing facility for distribution use.

via Los Angeles http://www.globest.com/news/12_595/losangeles/industrial/Cushman-and-Wakefield-Arranges-Acquisition-of-Industrial-Building-332801.html

Spring Conference Kicks Off; Optimism Expected

INDIAN WELLS, CA-We spoke with Robert Thornburgh of Heger Industrial about the Spring World Conference, and the independent brokerage community

via Los Angeles http://www.globest.com/news/12_595/national/industrial/industrial-brokerage-sior-332793.html

Partner ESI Sees Reasons for Optimism

LOS ANGELES-Two leading indicators of real estate transactions, finance and development are showing strong first quarter growth.

via Los Angeles http://www.globest.com/news/12_595/losangeles/economy/Partner-ESI-Sees-Reasons-for-Optimism-332780.html