$166MM of JV Equity & Construction Financing Obtained for Waterfront Apartment Development in Alameda
SAN FRANCISCO (April 8, 2021) – John Kerslake, managing director, Briana Harney, vice president, and Griff Whitlock, senior analyst of NorthMarq’s San Francisco office secured debt and joint venture equity for...
Kennedy Wilson Buys Fremont Research Center for $32.3MM
San Francisco, CA (April 6, 2021) — Newmark Knight Frank (“Newmark”) announces it has completed the $32.3 million (just over $279 per square foot) sale of Fremont Research Center, a...
San Jose Restaurant Sells for $1.85MM, Converts to Community Facility
(EDITOR’S NOTE: According to public documents, the 4,700 square-foot property sold in February of 2021 for $1.85 million.)
"The Park San Jose" will offer youth and adult soccer leagues, camps,...
Kylii’s Burlingame Point Obtains $750MM Refinancing
BURLINGAME, Calif., April 6, 2021 – Cushman & Wakefield announced today that the real estate services firm served as the exclusive advisor to affiliates of Kylli, Inc. in the procurement of...
San Francisco’s The Maclac Building Receives $52MM in Construction Financing
SAN FRANCISCO – CBRE Capital Markets’ Debt & Structured Finance has secured construction financing for The Maclac Building, a five-story, +108,161 net-rentable-square-feet PDR-zoned redevelopment project located in San Francisco.
The San Francisco-based...
Graceada Partners & Osso Capital Close Spend $33MM on 196-Unit Multifamily Apartment Complex in...
The Property was Purchased Off Market
(EDITOR’S NOTE: According to sources with knowledge of the transaction detail, the property sold for $33 million, or $168,367 per unit.)
Modesto, CALIFORNIA – April,...
Family Places Freeway Billboard/R&D Asset up for Sale in San Francisco with Pricing of...
By Jon Peterson
A local family has placed on the market for sale a billboard and R&D building located at 476 5th Street. The asking price is $11.5 million, according to the...
Pebblebrook Completes $157.6MM Sale of Sir Francis Drake Hotel in San Francisco
BETHESDA, Md.--Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that it closed on the sale of the 416-room Kimpton Sir Francis Drake Hotel in San Francisco, CA to...
Hanley Investment Group Completes Four-Property Break-Up Sale at Sacramento Shopping Center Totaling $11.4MM
26,520-square-foot commercial building sale represents fourth and final property sale at Zinfandel Crossings in Rancho Cordova, California
RANCHO CORDOVA, Calif.- Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage...
CBRE Global Investors Offloads Redwood City Hotel for $82MM, Nearly 50% Less Than What...
By Vladimir Bosanac & Meghan Hall
In a sign that the hotel industry is in for a long recovery, one global investment firm decided to cut its losses and sell...
