WeWork, BowX Acquisition Corp. Announce Closing of Business Combination to Create Publicly-Traded Flexible Space...
WeWork to begin trading on the New York Stock Exchange under the ticker symbol “WE” starting October 21, 2021Business combination that closed on October 20, 2021 provides WeWork with...
War Horse Cities Offers up for Sale/Lease 25 Taylor Street in San Francisco
By Jon Peterson
The recovery and continued uncertainty in the commercial real estate market has led owners to consider testing the waters by putting properties on the market to gauge interest...
Brentwood’s Avery at TownCentre Apartment Complex Sells for $49.5MM
(EDITOR’S NOTE: The property traded for about $361,313 per unit).
Ohio’s Klingbeil Capital Management acquires premier Bay Area asset in fast-growing citySAN FRANCISCO, Calif., October 20, 2021 – Cushman & Wakefield...
Canyon Partners Invests $49MM in Sunnyvale Multifamily Asset
By Vladimir Bosanac
In a sign of continued interest in multifamily properties across the region, Los Angeles-based Canyon Partners spent $49 million, or $526,881 per unit, to acquire the 93-unit...
Cityview Seeks $400MM in Commitments for Multifamily Commingled Fund
By Jon Peterson
Institutional capital has been very interested in multifamily housing, and by all indications it appears that this trend will continue into the next cycle, as well. A Los...
Machine Investment Group Buys San Jose Asset for $32.6MM
By Meghan Hall
An office and research building in San Jose has traded hands, selling to a New York City development company. In a deal that closed just this week,...
Sares Regis Seeks $500MM Capital Raise for New Apartment Fund with a Western US...
By Jon Peterson
Since the start of 2021, the multifamily market has been recovering relatively quickly, especially as people have returned to cities and demand for multifamily housing ticked back...
Sacramento Hotel Purchased for $16MM as Part of Hotel-to-Multifamily Conversion
(EDITOR’S NOTE: According to public records, the asset was sold in August of 2021 for $16 million, or about $121,212 per room. The seller was Manas Hospitality, LLC, which...
Virtua Partners Places Pleasanton Asset up for Sale with $80MM Pricing Guidance
By Jon Peterson
As interest for commercial properties across the greater Bay Area continues to climb, another investor is looking to test the market’s capacity for deal-making. Scottsdale, Ariz.-based Virtua Partners...
ICYMI: Bay Area Developer Forum
There is perhaps just one group of commercial real estate professionals that is more perennially optimistic about the state of the market than the brokers -- the developers. In...
