Finance
San Francisco’s Notorious ‘Lake SoMa’ Housing Site Could Become a 25-Story Tower
A parcel in San Francisco’s SoMa neighborhood that has remained vacant for over a decade despite full development approval may finally be approaching...
How Could Oakland Raise Billions in Revenue? New Report Suggests Removing Freeways
A recent analysis of urban highway impacts suggests Oakland sits atop an enormous untapped economic opportunity: the removal of freeways that consume some...
Ripple Co-Founder Chris Larsen Acquires $13.5 MM Calistoga Wine Estate in Largest Napa Deal in Two Years
Chris Larsen, co-founder and executive chairman of blockchain payments firm Ripple, purchased a sprawling 46-acre Calistoga wine estate through a trust entity for...
Ethos Real Estate Pays $67.7MM for 148-Unit Crossings Apartments in Sunnyvale
The Manhattan Beach-based firm’s acquisition at approximately $457,100 per unit was financed with a $50 million loan from a Brightspire Capital affiliate, marking...
Pacific Housing Acquires 228-Unit Savannah at Southport in West Sacramento for $50.65MM
The Sacramento-based nonprofit’s acquisition of the mixed-income LIHTC property at approximately $222,000 per unit was financed with a $26.8 million commercial loan Sacramento-based...
Houston-Based LAPIS Pays $68MM for Multiple Auto Dealerships in Livermore
CEO Todd Blue’s acquisition of Porsche, Audi, Land Rover, and Honda franchises from Umansky Automotive Group marks the luxury retailer’s largest deal to...
Contemporary Jewish Museum Lists 63,000 SQFT Landmark Building for Sale in San Francisco’s Yerba Buena District
The Daniel Libeskind-designed cultural institution at 736 Mission Street has been closed to the public since late 2024 as the nonprofit works to...
BMO Launches 145-Branch Expansion Across California and Arizona in Sweeping Westward Push
Canada’s third-largest bank by market value plans to grow its California footprint by more than 50 percent over five years, redeploying capital from...
San Francisco Leaders Declare an Inflection Point at CREW SF’s 2026 CRE Economic Forum
A panel of executives from the public and private sectors outlined a competitive agenda for downtown revitalization, permitting reform, and housing production at...
Raintree Partners Lists 84-Unit 1122U Apartment Community in Berkeley for Sale
The 2010-vintage mixed-use property on University Avenue hits the market as transaction volume accelerates across the East Bay multifamily sector. Raintree Partners has...
Consumer Spending Shows Early Signs of Caution as Income Strength Meets Emerging Headwinds
A modest gain in January spending masks slowing discretionary activity, while rising gasoline prices tied to the Iran conflict threaten to weigh on...
Sac Golf and Fun House LLC Plans Entertainment Conversion for 9,600 SQFT Warehouse in Sacramento
A 1952 warehouse on Elvas Avenue will trade its luxury car showroom tenant for golf simulators, miniature golf, a children’s playground and a...
