Real Estate Briefly: Pinnacle Buys Office Complex for $40 Million; Willis New Gm of Golf for Irvine Co. Resort Properties

Milestones

Money360, a real estate lending platform in Ladera Ranch, reported it closed a record $35.6 million in commercial real estate loans in December. December’s transactions reflect short-term bridge loans for a mix of property types, including retail, office and industrial in California, Florida and Illinois. A total of five properties were financed, including a one-story suburban office building in Irvine; a three-building industrial complex in Richmond; a seven-building anchored retail property in Orlando, Fla.; a three-story suburban office building in Palm Harbor, Fla.; and a three-story office property in Rosemont, Ill.