Capmark Puts Silicon Valley Office Portfolio on the Market

By Jon Peterson Horsham, Penn.,-based Capmark Financial Group Inc. is selling a portfolio of eight Silicon Valley office and research and development buildings that it took back from a borrower...

Broadreach Defaults on Mountain View Property Loan

By Sharon Simonson Union Bank has filed a notice of default regarding a more than $60 million mortgage against a prominent Mountain View office park owned by Palo Alto real...

San Francisco SoMa Building Listed for Sale

By Sharon Simonson A private, Denver-based real estate company with business interests in the transportation and energy sectors has listed for sale a 93,000 square-foot office building in San Francisco’s...

Commercial Lenders Nibbling At the Edges

By Sharon Simonson   Commercial real estate property lenders are back in the market, but their attention is selective and their demands are great. While interest is high in lending money,...

CalPERS Drops BlackRock as Apartment Manager

By Jon Peterson Eighty-five hundred employees in 24 countries were not enough to allow asset-management behemoth BlackRock Inc. to hang on at the California Public Employees’ Retirement System. CalPERS announced Oct....

TMG Partners Makes the Grade

By Jon PetersonSan Francisco-based TMG Partners has survived a review of investment managers by the California Public Employees' Retirement System. CalPERS, the largest public pension fund in the country,...

CalPERS’ Real Estate Value to Slide Another Year

By Jon Peterson The multi-billion-dollar real estate investment portfolio held by California’s huge public pension fund has dropped an additional 16 percent in the last year and is expected to...

555 Washington Developer Dealt a Blow

By Jessica Saunders The San Francisco Board of Supervisors reversed the planning commission’s approval of the Environmental Impact Report for 555 Washington St., a proposed 430-foot, 38-story condominium tower near...

Bank of America Owns Prized North San Jose Location

By Sharon Simonson Oh, how the mighty do fall. Bank of America has foreclosed on 43 acres in North San Jose once touted as the best remaining corporate-campus development site in...

CalPERS Sees Drop in Core Office and Separate Account Urban Portfolio

By Jon Peterson A long-time real estate partnership between CalPERS and the Hines company has recorded a $276 million drop in value in a single-quarter of 2009. National Office Partners L.P.,...