Prudential Selling in San Francisco South Financial District

By Jon Peterson Parsippany, N.J., -based Prudential Real Estate Investors has put 685 Market St. in San Francisco’s red-hot South Financial District up for sale. The Monadnock Building, as the property is...

Drawbridge Moats $125 Million

By Jon Peterson San Francisco-based Drawbridge Partners LLC has inked a deal with New York City-based Almanac Realty Investors LLC for an equity investment of up to $125 million to fuel...

CalPERS Sells Vacaville Apartments to Sequoia

Jon Peterson The California Public Employees’ Retirement System has sold the 312-unit River Oaks Apartments in Vacaville for $52.4 million on an all-cash basis to Sequoia Equities Inc., a real...

Republic Urban Secures First Financing for San Jose Apartments

By Jon Peterson Washington, D.C.-based Republic Urban Properties has secured more than $8 million in financing to forward the development of its Meridian apartment complex at 1400 W. San Carlos St....

Stockbridge Shifts Sights With New Fund

By Jon Peterson San Francisco-based Stockbridge Capital Group is raising money for a new fund that would embrace the smart and small, and eschew the popular. The Stockbridge Smart Markets Fund, which...

Kinship Harvests a Pioneer

By Sharon Simonson Harvest Properties and a Chicago money partner have acquired the 34,000 square-foot Pioneer Building in San Francisco’s Mission District with a plan to renovate and reposition the 1902...

Crucial Court Decision Approaches For Sunnyvale Town Center

By Sharon Simonson All eyes turn to receiver Jerry Hunt in the legal brawl to control the Sunnyvale Town Center. On March 15, Santa Clara County Superior Court Judge Peter Kirwan is...

CalPERS Increases Multifamily Bet

By Jon PetersonThe California Public Employees’ Retirement System has committed $631.8 million in new equity to an investment fund that specializes in apartments and already owns six Bay Area...

Angelo Gordon Buys in Downtown Palo Alto

Jon Peterson New York City-based Angelo Gordon & Co. has acquired a leasehold interest in a shuttered assisted living facility in downtown Palo Alto with the intent of converting it...

CalSTRS Sends $47 Million to Apartment Fund

Jon Peterson The California State Teachers’ Retirement System has approved a $47.2 million commitment to a new apartment investment fund being managed by San Diego-based Fairfield Residential Co. LLC. The commingled...