Finance
Sentinel Real Estate Buys 293-Unit Talavera Apartments in Folsom for $102.5MM
New York-based Sentinel Real Estate Corp. closed on the $102.5 million purchase of Folsom’s 293-unit Talavera Apartments, landing the largest local multifamily transaction...
Pinnacle Capital Lists 65,000 SQFT Novato Medical/Office Building Next to Sutter Health Hospital Campus
A Los Angeles ownership group has put its half-empty Novato medical and office building on the block, pitching buyers on a discounted basis...
Blackstone’s LivCor Lists 615-Unit Summer House Apartments in Alameda After 2017 Purchase at $117MM
Blackstone’s residential platform LivCor is testing buyer appetite for one of Alameda’s largest apartment communities, marketing the 615-unit Summer House with a naturally...
Nevada PERS Nears $62.2MM Acquisition of 62,500 SQFT 1400 Veterans Medical Office Building in Redwood City
A Nevada public pension fund is closing on a Peninsula medical office building as part of an all-cash push to double its real...
Fabrinet Subsidiary Buys 225,000 SQFT Santa Clara Office Campus for $76.9MM
An optical components manufacturer has tripled its available footprint in Santa Clara, buying a three-building office campus at a price that lands well...
Brookfield Takes 49% Stake in Healthpeak’s $2.1B, 86-Building Outpatient Medical Portfolio for $1.025B
Healthpeak Properties has sold a non-controlling 49 percent stake in a national portfolio of 86 outpatient medical buildings to Brookfield Asset Management for...
Leeland Properties Restarts 146-Room Element Hotel on Sacramento’s Stockton Boulevard After Closing Preferred Bank Construction Loan
Leeland Properties closed a Preferred Bank construction loan to restart the 146-room Element Hotel on Sacramento's Stockton Boulevard.
HEART Buys Azara, 74-Unit Luxury San Mateo Apartment Community, for $54.75MM
A public housing agency has emerged as the buyer of one of the Peninsula’s newest luxury apartment communities, acquiring the 74-unit Azara in...
Quartz Valley Tribe Secures $25MM State Loan to Acquire Nearly 40,000 Acres of Siskiyou County Timberland
A small Northern California tribe is poised to reclaim nearly 40,000 acres of ancestral forestland after the state approved a $25 million loan,...
San Francisco Clears 75-Year Ground Lease for $160MM, 187-Unit LGBTQ Senior Housing Tower at 1939 Market Street
San Francisco has cleared a key hurdle for a 15-story, 187-unit affordable senior housing tower at 1939 Market Street, handing Mercy Housing California...
Alturas Capital Acquires 421,000 SQFT Outlets at Legends in Sparks for Over $100MM
Idaho-based Alturas Capital Partners has purchased one of the Reno-Sparks market’s largest retail destinations, betting more than $100 million that Northern Nevada’s tight...
Tishman Speyer Affiliate Pays $65.4MM for Two Santa Clara Data Center Parcels Near SJC
A Tishman Speyer-linked affiliate has paid a combined $65.4 million for two adjacent Santa Clara parcels on the west side of San Jose...
