Subscribe
Home AEC Western Alliance Bank Lends $24MM to Build 166-Bed Student Housing Near UC Berkeley
AECFinanceResidential

Western Alliance Bank Lends $24MM to Build 166-Bed Student Housing Near UC Berkeley

November 5, 20263 Mins read21
Share
mario-mesaglio-lkz_bhfeQOA-unsplash-berkeley
Photo by Mario Mesaglio on Unsplash
Share

A $23.975 million construction loan from Western Alliance Bank, arranged by Northmarq, clears the way for owners Srihari and Jyothi Vegesna to replace a 1930s medical office two blocks south of UC Berkeley with a seven-story, 166-bed student housing building slated for 2028.

Thank you for your interest in The Registry. If you'd like to read further, you must Subscribe or Log In below to read the rest of this content.

Share
Silicon Valley Previous post Confidential Tenant Renews and Expands to 79,000 SQFT at 100 Mathilda Place in Downtown Sunnyvale

Partner Content

Hacienda sign in Pleasanton

Hacienda Edges Vacancy Below 18% as Pleasanton Campus Builds Momentum Into Year-End

ByOctober 21, 2026

2026 Northern California CRE Rising Stars

NorCal rising stars 2026

Partner Content

Hacienda Business Park

Hacienda Maintains Momentum with Steady September Leasing Activity

BySeptember 22, 2026


Recent Posts

Building facade

Prometheus Acquires 93-Unit Bellflower Townhome Community in Sunnyvale from Sack Capital Partners for $55.9MM

ByNovember 5, 2026
bianca-fazacas-Etgs4KG8WrM-unsplash-office

71% Leased Urban West Office Building at Walnut Creek’s Contra Costa Centre BART Hits Market

November 5, 2026
BART Station Provides Easy Airport Entry at Oakland International Airport.

Bay Area Voters Back $980MM Regional Transit Tax and S.F. Muni Parcel Tax in Early Returns

November 5, 2026
couple shopping at a mall

Macerich Defaults on $325MM Loan at 969,000 SQFT Fresno Fashion Fair, a Mall It Still Plans to Keep

November 5, 2026
UC Davis’s water tower

Davis Voters Back Measure W by 73% in Early Returns, Clearing Path for 1,250-Home Willowgrove on 232 Acres

November 5, 2026
Related Articles
Building facade
FinanceINDUSTRY newsResidential

Prometheus Acquires 93-Unit Bellflower Townhome Community in Sunnyvale from Sack Capital Partners for $55.9MM

Prometheus Real Estate Group paid $55.9 million for a 1960s-era townhome rental...

ByNovember 5, 2026
industrial warehouse building office facade
CommercialFinanceIndustrial

Private Buyer Pays About $6.9MM for 14,000 SQFT Flex Building at 838 Mitten Road in Burlingame

A private buyer paid roughly $6.9 million for a 1961-vintage flex building...

ByNovember 5, 2026
richard-sagredo-si7vSrZo0Qc-unsplash-senior services
CommercialFeaturedFinance

WelbeHealth Buys Kitchell’s 26,000 SQFT 2101 K Street for $7.8MM as Owner-Users Drive Sacramento Sales

WelbeHealth, a provider of all-inclusive senior care, bought Kitchell's 25,600-square-foot building at...

ByNovember 5, 2026
San Francisco buildings
AECResidential

Plant Construction Tops Out New Seismic Core in UC Law SF’s $230MM Overhaul of Historic 100 McAllister Tower

Plant Construction and its project partners have topped out a new reinforced...

ByNovember 5, 2026
© Copyright 2024 Jellywp. All rights reserved powered by Jellywp.com