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CPP Closes $25MM Deal to Stabilize Rent, Rehabilitate 81 San Jose Apartments

With $55,000 invested in each unit, affordability is preserved for 55 years IRVINE, CALIF. – Community Preservation Partners (CPP) has closed a $25 million transaction that will preserve affordability in a region with some of the highest rent increases in

ASB Acquires 799 Market Street in San Francisco for $141MM

(EDITOR’S NOTE: Atlanta-baed Jamestown Properties was the seller of the asset. It purchased the building in October of 2012 for $93.5 million or, $658 per square foot.) ASB Real Estate Investments announced today the $141.5 million ($973 per square foot)

Sand Hill Gives Intimate Preview of Vallco with Help from Architects Viñoly and Olin, Yet Ballot Fight Looms

In a packed movie theater at Vallco Mall in Cupertino, owner and developer of Sand Hill Property Company, Peter Pau, in collaboration with the AIA Santa Clara Valley presented a vision for the redevelopment of the decades old mall. The

Macerich’s Broadway Plaza in Walnut Creek Moves Toward Completion of Redevelopment

WALNUT CREEK, Calif. – Broadway Plaza, part of the Macerich (NYSE:MAC) portfolio of one-of-a-kind retail properties in top markets, is nearing completion on Phase I of the major renovation that retains the property’s scale and distinctive appeal, while adding new

Transbay Joint Powers Authority Closes on Parcel F Deal for $160MM to Build 750 Foot Building

San Francisco (June 22, 2016) – The Transbay Joint Powers Authority (TJPA) celebrated another funding milestone today with the successful closing of a deal to sell Parcel F for $160 million to Parcel F Owner LLC, an entity formed by

McNellis: Buying it Right

Making it in Real Estate (Part Eleven): Buying it Right By John McNellis n Anna Karenina, Tolstoy begins: “All happy families are alike: Each unhappy family is unhappy in its own way.” This is true of real estate as well;

ROEM Nearing Completion on $46MM 200 New Affordable Homes at 295-acre Hitachi Master-Planned Community in San Jose, Calif.

$46 Million Charlotte Park Apartments’ 200 Affordable Multi-Family Residential Units Are 100% Leased and Near Completion SAN JOSE, Calif. ― With the near completion of 200 new, affordable housing homes, the $46 million Charlotte Park Apartments in San Jose, Calif., is

L5 Investments Partnership Completes $11.35MM Acquisition of 88-Unit Apartment Community In East Bay

San Francisco, CA – A partnership between L5 Investments and Equity Consultants Real Estate has acquired Creekside Village, an 88-unit senior housing community in Pittsburgh, CA, a city within the East Bay submarket of San Francisco. Built in 2003, the

Gramercy Property Trust Sells Comcast Campus in Livermore for $59.5MM

New York City-based Gramercy Property Trust, announced recently that it closed on the disposition of the Comcast Office Center, a three building portfolio located in Livermore, California. The sales price was $59.5 million or $269 per square foot. The in-place

Yahoo Sells Santa Clara Land for $250MM to Chinese Tech Giant LeEco

Much has been said about Silicon Valley’s disruptive nature—new, innovative companies destroying the old industries and creating new economies that are build on top of the remains of companies long gone. LeEco’s purchase of Yahoo’s land in Santa Clara is

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