JB Matteson Completes $132MM in Refinancing of Six Multifamily Properties In California & Washington
SAN FRANCISCO, CALIFORNIA (September 13, 2021) – Dennis Williams, senior vice president/managing director and Tom Wight, vice president of NorthMarq’s San Francisco office collaborated to arrange $132 million in total financing for...
CalPERS Puts $800MM into Blackstone’s BioMed Life Science Fund
By Jon Peterson
The life science sector has been the darling of the commercial real estate industry over the last eighteen months, and that will most likely continue into the future....
CBRE Global Investors Kicks Off Industrial Fund with $1.7B of Pre-Seeded Assets in Markets...
By Jon Peterson
There is no indication that the industrial market in the U.S. is slated for a slowdown, and investors pouring significant amounts of money into the sector is one...
BehringCo: West Coast’s Location Paradigm not “Bulletproof,” CRE Industry Must Find Alternative Ways to...
By Meghan Hall
After 60 years and three generations in commercial real estate, San Ramon, Calif.-based BehringCo has watched West Coast-based markets rapidly grow and expand. The company has recently...
Intercontinental Real Estate & Security Properties Buy 244-Unit Sacramento Multifamily Community for $87.5MM
(EDITOR’S NOTE: According to sources with knowledge of transaction detail, the property sold for $87.5 million, or $358,606 per unit.)
Boston (September 8, 2021) – Intercontinental Real Estate Corporation (“Intercontinental”)...
The True Life Cos. to Build 189 Townhomes and Condos in Hayward
SoMi will break ground in October of 2021
HAYWARD, Calif. (September 8, 2021) — The True Life Companies (TTLC), a real estate firm focused on repurposing underutilized properties to create...
Calvera Closes $31.6MM U.S. Multifamily Value-Add Investment Fund
San Francisco -- Calvera Partners, a national real estate investor and operator, is pleased to announce the closing of its latest multifamily value-add investment fund, The Calvera Multifamily Transformation...
Development Site in Burlingame up for Sale with $11MM Asking Price
By Jon Peterson
Across the Bay Area, redevelopment sites can at times be one of the major reasons more housing is difficult to build. But one private investor based on...
Columbia Property Trust to Be Acquired by Funds Managed by Pacific Investment Management Company...
NEW YORK & NEWPORT BEACH, Calif.--Columbia Property Trust, Inc. (NYSE: CXP) today announced that it has entered into a definitive agreement to be acquired by funds managed by Pacific Investment...
CalPERS Reports Preliminary 21.3% Investment Returns for Fiscal Year 2020-21; Strong Returns Trigger Reduction...
Sacramento, Calif. – CalPERS today reported a preliminary 21.3% net return on investments for the 12-month period that ended June 30, 2021. CalPERS assets at the end of the fiscal...
