CAPRE’s Commercial Real Estate Headlines for February 12, 2020: Walker & Dunlop Establishes Presence in Ohio, UCLA Report Says Commercial Real Estate to Expand in 2022,

Check out the latest deals and developments in commercial real estate for February 12, 2020: Luxury San Francisco Peninsula Apartment Sold By Institutional Property Advisors: Institutional Property Advisors (IPA), a division of Marcus & Millichap , has announced the sale of Aperture, an 83-unit luxury multifamily community with approximately 6,600 square feet of retail space. Aperture is in San Bruno, California, 12 miles south of San Francisco. The brokerage assignment was handled by IPA’s Stanford Jones, Philip Saglimbeni, Salvatore Saglimbeni and Alex Tartaglia, the market share leaders for institutional multifamily sales throughout the San Francisco Bay Area. The property was developed by Sares Regis Group of Northern California in a joint venture with The Resmark Companies, collectively the seller. The buyer is Virtú Investments, a West Coast-centric apartment fund manager. The purchase price was $60.25 million. After Predicted Slowing, California Commercial Real Estate to Expand in 2022, Says Allen Matkins/UCLA Anderson Forecast California CRE Survey: The Winter 2020 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey shows that although the economy is predicted to slow in 2020, developers' views on most California commercial real estate in 2022 are optimistic, and they reflect an eagerness to get in on the ground floor of the next commercial real estate expansionary cycle. Overall, survey panelists for each market, with the exception of retail, predict that 2022 will be as good or better than 2019. Panelists are optimistic about industrial and multi-family projects,…