Rubicon Point Partners Targets $250MM Capital Raise for Commingled Fund to Invest in Bay...
By Jon Peterson
San Francisco-based Rubicon Point Partners is now out in the market raising capital for its commingled fund known as Rubicon First Ascent. The targeted capital raise is $250...
JEN Partners Seeks $500MM Raise for Residential Land Development with Northern California as a...
By Jon Peterson
New York City-based JEN Partners has an established target of $500 million capital raise for its latest residential land development financing fund that goes by the name of...
Fully-Affordable Apartment Asset in Berkeley Sells for $72.1MM
Berkeley, CA – Greysteel, a national commercial real estate investment services firm, has brokered the sale of and secured the acquisition financing for Redwood Gardens Apartments, a 169- unit HUD-subsidized,...
Luxury Apartment Community in Sacramento Trades for $92.3MM
SACRAMENTO – CBRE announced the $92.3 million sale of Alira Luxury Apartments, a 293-unit apartment community in the Natomas submarket of Sacramento, Calif. Stockton, Calif.-based multifamily development firm AG Spanos Companies sold the property...
Prime Residential Expands Bay Area Holdings with $58.5MM Acquisition in Fremont
As 2020 nears its end, investors are beginning to move capital and place their stakes in the market once again. For West Coast-based firm Prime Group, the time was...
Duke Realty Spends $40.6MM on Two-Building Industrial Campus in San Jose
By Meghan Hall
Indianapolis-based Duke Realty has purchased a San Jose industrial complex with visions of creating a new, state-of-the-art facility that will bring jobs and economic activity to south...
Nearon Buys Two Sacramento Apartment Properties for $34MM
SACRAMENTO, Calif.,Dec. 3,2020 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of two multifamily properties totaling 231 units in the Sacramento metropolitan area....
Ridge Capital & Contrarian Spend $22.2MM on Mission District Building in San Francisco
San Francisco, CA (December 2, 2020) — Newmark announces the $22.2 million sale (nearly $924 per square foot) of a 24,030-square-foot research and development (“R&D”) building in San Francisco’s...
Kilroy Realty Sells Mountain View Office Asset to Goldman Sachs for $75.9MM
By Meghan Hall
A Class A office building located in Mountain View has traded hands after nearly a year of limited sales and investment across the region. In a transaction...
Fairmont San Francisco Secures $150MM Refinancing
JLL Hotels & Hospitality unlocks debt market for 606-key, urban, luxury hotel
LOS ANGELES, December 2, 2020 – JLL Hotels & Hospitality announced today that it has arranged a $150 million...