Finance
Mavik Capital Flips 97-Unit University Park Apartments in Berkeley to Market After $25MM Foreclosure Takeback
New York lender’s REO affiliate is testing investor appetite for a value-add student housing play near UC Berkeley just months after wresting the...
Innovatus Puts Entitled 4040 Civic Center Under Contract After Winning 238-Unit Approval in San Rafael
The five-story Marin County office building, marketed by Newmark, heads toward a sale just weeks after the Planning Commission cleared its conversion to...
Academy of Art Sells 43,400 SQFT 2300 Stockton for $18.3MM in San Francisco, Clearing Way for 70-Unit Conversion
The Russian Hill restaurateur’s affiliate paid roughly 12 percent above the $16.4 million asking price for a 43,400-square-foot Fisherman’s Wharf office building, the...
Bohannon-Built Belmont Apartment Complex Trades for $20.5MM as Schilling Family Resets Tax Position
Levin Johnston brokers $525,641-per-unit sale of 39-unit El Dorado Apartments to the Flaherty family in a 1031 exchange, capitalizing on the Mid-Peninsula’s deepening...
Menlo Land & Capital Buys 124,700 SQFT Lincoln Court in Campbell for $24.6MM in Campbell
Roger Fields’ Palo Alto firm picks up a Pacific Oak-owned office building at $197 per square foot through a lender-facilitated process that drew...
Copart Billionaire Reopens Calistoga’s Clos Pegase as Centerpiece of $85MM Napa-Sonoma Winery Play
After acquiring five wineries out of Vintage Wine Estates’ bankruptcy, Jay Adair has poured millions more into a yearlong restoration betting on hospitality...
45,800 SQFT Single-Tenant Lucky Grocery Store in Hayward Listed for $17.6MM
The East Bay asset is being marketed by CBRE under a corporate-backed absolute NNN lease running through 2036 A freestanding Lucky California supermarket...
Santa Clara Investor Group Acquires 112-Room Hyatt Place Newark/Silicon Valley for $19.8MM
Ashok Goyal’s buying group acquired the 2023-built hotel at $176,300 per room — well below the $25.8 million debt the lender took back...
Ballast Lands 80-Unit Grosvenor Atrium in Pacific Heights for $35.3MM, Doubling Down on San Francisco
The San Francisco multifamily operator paid roughly $441,250 per unit for 1690 Broadway, its latest play in a neighborhood where it has spent...
California Exports Climb 4.2% in March as Persian Gulf War Rattles Trade Outlook
The state’s first-quarter export gains mask deeper turbulence as fuel costs surge, Gulf shipments collapse, and California’s share of national export trade slips...
Swenson, Pacific Housing Pay $15MM for Berryessa BART Site Slated for 260 Affordable Apartments in San Jose
The triangular parcel at 1655 Berryessa Road anchors the second phase of San Jose’s Facchino Neighborhood, a 13-acre transit-oriented redevelopment A partnership between...
Macerich Doubles Down on West Coast Trophy Malls While Shedding Underperformers
The Santa Monica REIT’s Q1 2026 results reveal a portfolio strategy splitting Pacific Coast assets into two clear camps: properties worth fighting for...
