Essex Spends $414MM on Three Apartment Deals in the San Francisco Bay Area
By Jon Peterson
San Mateo-based Essex Property Trust has acquired three apartment complexes in Emeryville, Menlo Park and Redwood City with the total acquisition...
WeWork Announces $5B in New Funding from SoftBank Group
Finance Package Includes Combination of Debt and Equity to Fully Fund Business Plan with Objective of Profitability and Free Cash Flow; Board of Directors Elects Marcelo Claure...
72,000 SQFT Commercial Property in Heart of Emeryville Posted for Sale Could Fetch...
By Meghan Hall
A nearly-72,000 square foot commercial property at the heart of Emeryville, and steps from Lennar Multifamily Community’s...
$330MM Financing Arranged for 188 West St. James in San Jose
Funds will be used to complete the 640-unit luxury condominium project in San Jose, California
SAN FRANCISCO, October 22, 2019 – JLL announced today that it...
SoftBank Pre-Leases 130,000 SQFT in Stanford University’s Middle Plaza in Menlo Park
By Meghan Hall
SoftBank, a Japanese multinational investment firm, has come to an agreement with Stanford University and big-time developer John Arrillaga to lease...
Sares Regis Closes on $15.55MM Total Escrow on Five Parcels in South San Francisco,...
(EDITOR’S NOTE: According put public records files with the county, the transactions closed between December of 2016 and July of 2019 for a total of $15,550,000.)
CBRE Arranges $43 Million in Financing for AC Marriott Hotel in San Rafael
San Francisco, Calif. – October 18, 2019 – CBRE has arranged $43 million in non-recourse construction financing for the development of an AC Marriott hotel, Marin County's...
La Buona Vita Mobile Home Park in San Jose Sells for $20MM
La Buona Vita, a 109-unit mobile home park, traded for $20 million ($183,486/unit). This is the first time the property traded ownership since...
JLL Arranges $57.5MM Financing for Latitude 37, 172-Unit Luxury Apartment Community in San Jose
SAN DIEGO, October 16, 2019 – JLL announced today it has arranged $57.5 million in financing for Latitude 37, a two-phase, 172-unit luxury mid-rise apartment community in the Silicon...
PSAI Realty Pays $64MM for Ground Lease in Stanford Research Park
By Jon Peterson
San Francisco-based PSAI Realty Partners has acquired the 175,000 square foot office asset secured by a ground...
