Retail development near Nevada state line on the market
Ben van der Meer • November 20, 2020
Retail project The Village at South Lake Tahoe has seen good and bad times during its decade-plus in development, but its location has never wavered as perhaps its best asset.
According to a loan report from Bloomberg, the Roseville Galleria's $275 million loan from June 2012 is set to mature June 1.
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Sixty-two acres of undeveloped property in Sacramento County are on the market, but you'd better have a boat if you want to see it.
The end of 2021 and the $33 million sale of South Lake Tahoe retail developments Chateau and Zalanta also marked the end of a long journey for a project literally on the border between California and Nevada.
KW Commercial has added new brokers and opened an office in Sacramento, part of a strategy to grow in a thoughtful way.
A wave of distress, though delayed, should show up in the next two to three years.
Plans were approved, sales documents drawn up, and then the Covid-19 pandemic made the buyer walk away in April from a deal to acquire 200 S. Harding Blvd. in Roseville.
