Principal Real Estate Investors, Millbrae, Gateway at Millbrae Station, BART, Caltrain, Republic Urban Properties

Principal Puts Equity Investment for Development in Millbrae in Core Open-Ended Fund

By Jon Peterson Des Moines, Iowa-based Principal Real Estate Investors has made an un-disclosed equity investment into the $335.6 million development project in Millbrae called Gateway at Millbrae Station...
Mercedes-Benz, Bosch, San Jose, Silicon Valley

Mercedes-Benz and Bosch Start San José Pilot Project for Automated Ride-Hailing Service

STUTTGART, Germany and SAN JOSÉ, Calif., Dec. 9, 2019 -- Bosch and Mercedes-Benz's joint project to develop urban automated driving has now entered a new stage. Their pilot project for an app-based ride-hailing service using...
Pacific Urban Residential, Hanover Real Estate Investors

Kennedy Wilson Raises $775MM for Sixth U.S. Real Estate Fund

Closed-end, value-add fund exceeds original target; focuses on properties across the Western U.S. BEVERLY HILLS, Calif.--Kennedy Wilson (NYSE:KW) announced today that it has exceeded its target, securing $775 million of capital...
San Francisco Bay Area, Seattle, CBRE, Orlando, San Diego, Bay Area, Washington D.C., Tucson, Waterloo, Las Vegas, Hamilton

Two Industry Experts Offer Best Practices for CRE Investors During Tax Season

By Meghan Hall Taxes can be tricky for anyone to navigate and particularly stressful when saved for the last minute. And, with recent changes to the tax code, the process can...
Napa, Children’s Museum of Napa Valley, S2 Associates, Daniel Wodarcyk, Alicia Garcia, Etta Williams

Children’s Museum of Napa Valley Begins Search for New Home

By Meghan Hall Napa is experiencing tremendous growth and redevelopment, with its main street re-emerging anew with enlivened retail and amenities in recent years. Many of the city’s attractions cater...
Waterton, Waterton Residential Property Venture XIV, Orange County Employees’ Retirement System, San Francisco, Bay Area, Hercules, Vallejo, Ohio Police & Fire Pension Fund

$66.5MM in Financing Arranged for Mixed-Use Portfolio in San Francisco Bay Area and Puget...

By Meghan Hall Speculation about the future health of the economy and the nation’s wider commercial real estate market have done little to hinder lenders’ optimism for Class A properties...
LEED, USGBC, Coronavirus

New LEED Guidance from USGBC Helps Cities and Communities Expand Resilience Efforts in Response...

Credits integrate public health and social equity with sustainability planning Washington, D.C. – (July 22, 2020) – The U.S. Green Building Council (USGBC) has released two new Safety First pilot credits as...
JLL, Sacramento, Massie & Company, STAG Industrial

Sacramento Industrial Building Sold for $10.6MM

LOS ANGELES, January 8, 2020 – JLL Capital Markets announced that it has closed the $10.6 million ($72 per square foot) sale of a fully leased, 147,840-square-foot, multi-tenant warehouse and distribution...
Marcus and Millichap, San Francisco, Seattle

Report: Competition for Distressed Properties Likely to be High in Coming Months

By Meghan Hall Investors have been watching the commercial real estate industry with bated breath, hoping that a wave of distressed assets will come to market, providing opportunities to snag...

KKR Invests in Drawbridge Realty

Drawbridge Realty (“Drawbridge” or the “Company”) and KKR, a leading global investment firm, today announced that KKR and the management team have recapitalized Drawbridge’s existing portfolio and formed a...

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