Buchanan Mortgage Holdings closed a construction loan for The Orchard, a 177,000-square-foot mixed-use residential and retail development located in Azusa, CA. The $55 million loan will be used to build 163 market-rate apartments over 31,700 square feet of retail.

Buchanan Street Partners has acquired Newark Tech Park, a 99,716-square-foot, two-building office and life science project in San Francisco’s East Bay, which is 98% leased. Located at 8000 and 8100 Jarvis Avenue in Newark, CA, the property was purchased for an aggregate price of $26.2 million.

Buchanan Street Partners, a real estate investment management firm, has announced the $8.2 million renovation of the office tower at 5613 DTC Parkway. Much of the renovation work has been completed and some outside elements are wrapping up. The 224,000-square-foot, 12-story building has also been renamed Axis Tower @ DTC.

Buchanan Street Partners announced today that Ken Robertson will be joining the firm as Executive Vice President. He will be responsible for managing the company’s efforts on institutional property investments and leading the teams responsible for acquiring and managing assets.

Newport Beach-based Buchanan Street Partners is ramping up its multifamily portfolio outside of California. The real estate investment firm recently closed a 240-unit apartment complex in Colorado Springs, bringing its out-of-town rental buys past the 1,300 mark over two years.

In spite of fears of a slowdown, apartment rentals will continue to see outsized demand for a long time. Apartments have been the darling of real estate capital markets for the past seven-eight years. This deep into an outstanding run, some investors have begun to worry if the clock is...

Cushman & Wakefield announced that Buchanan Street Partners of Newport Beach, Calif. sold Quattro, a multi-tenant office building located at 4310-4350 E. Cotton Center Blvd. in Phoenix. Boston-based Albany Road Real Estate Partners purchased the property for $43.5 million.

The Ridgepointe at Gleneagle property consists of 13 buildings on 15 acres of land and was 95% occupied at the time of acquisition. The community is located at the Northern end of Colorado Springs, which boasts some of the highest median income and home prices within the City coupled with...