Net lease advisory firms NNN Pro and STNL Advisors have completed strategic partnerships with newly branded investment holding company SURMOUNT. Headquartered in New York, SURMOUNT is an institutional platform focused on investing and partnering with growth-oriented real estate companies, and consumer-facing brands across the country. The company provides strategic growth capital across multiple sectors to …

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Avison Young closed the $23.5-million sale of a 201-bed senior housing facility located at 6700 Sepulveda Blvd. in Van Nuys. Situated on just over two acres of land, the property totals 49,818 square feet. Principal Peter Sherman, based in the firm’s West Los Angeles office, and principal Keith O’Donnell, based in he Boca Raton, FL office …

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JLL Capital Markets closed the recapitalization of Lido Marina Village, a 3.06-acre, coastal mixed-use shopping center located in Newport Beach. JLL represented the existing ownership, DJM Capital and Arc Capital Partners, through a partnership with Belay Investment Group, in the transaction with Redwood West joining the partnership. As part of the transaction, Arc Capital Partners and …

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JLL Capital Markets closed the recapitalization of Lido Marina Village, a 3.06-acre, coastal mixed-use shopping center located in Newport Beach. JLL represented the existing ownership, DJM Capital and Arc Capital Partners, through a partnership with Belay Investment Group, in the transaction with Redwood West joining the partnership. As part of the transaction, Arc Capital Partners and …

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Roxanne “Roxy” Klein of Rancho Cucamonga-based Progressive Real Estate Partners has been named the new 2024 president of ACRE (Association of Commercial Real Estate) SoCal. In this volunteer role, Klein will lead the ACRE board of directors to help grow the association’s brand by hosting a variety of activities ranging from retail tenant events to panel discussions covering timely …

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Sudberry Properties has completed The Hub at Scripps Ranch, a mixed-use redevelopment project featuring 260 luxury apartments and 10,700 square feet of retail/restaurant space.  The final retail tenant, Junction Bar & Grill, opened in January. The 9.52-acre property is located at the gateway to Scripps Ranch at 9840 Carroll Canyon Rd., just east of Interstate 15.   …

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