Principal Seeks $500MM Raise for Data Center Fund with Pacific Northwest as One of...
By Jon Peterson
Des Moines, Iowa-based Principal Real Estate Investors is now out marketing a new commingled fund investing in data center assets with a planned capital raise of $500 million,...
NMHC Rent Payment Tracker Finds 80.4 Percent of Apartment Households Paid Rent as of...
The NMHC Rent Payment Tracker is powered by Entrata, MRI Software, RealPage, ResMan and Yardi
Washington, D.C. – The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 80.4 percent of apartment...
13-Acre Commercial Property in Concord Trades for $6.8MM
Vice President Eric Rehn Assists Private Developer in Repositioning Plan
CONCORD, Calif. (November 12, 2020) – Kennedy Wilson Brokerage represented Arnold Industrial LLC, a private developer based in the greater Bay...
87-Unit San Leandro Apartment Property Sells for $22.8MM
San Leandro, Calif. (November 11, 2020) – Leading commercial real estate professional services and investment management company, Colliers International recently represented Pierron Properties, LLC in the sale of 2199 Bancroft Ave., an...
Ascendas Reit Acquires 510 Townsend & 505 Brannan in San Francisco for $560.2MM
(EDITOR'S NOTE: The seller of the properties is a partnership between TMG Partners and Alexandria Real Estate.)
Ascendas Funds Management (S) Limited (the Manager), the manager of Ascendas Real Estate...
Allrise Capital Acquires Mixed-Use Portfolio in San Francisco & Berkeley with $500MM Developable Value
Allrise Capital today announced that it has gained full control of a portfolio of mixed-use real estate properties and sites in San Francisco and Berkeley through the acquisition of...
Blackstone to Sell Industrial Portfolio in Sacramento, Pricing Guidance in the Range of $120MM...
By Jon Peterson
New York City-based Blackstone has put up for sale a 1.3 million square foot industrial portfolio that is located in several cities located near Sacramento. The potential pricing...
The Presidio’s “Great Experiment” and the Impact of COVID-19 on America’s Only Independent National...
By Meghan Hall
When the Presidio Trust was established in the mid-1990s, it was labeled as an unprecedented experiment, one that would oversee the nation’s first—and to date only—fully independent...
$42.5-Million Apartment Building in Central Valley Sold by The Mogharebi Group
VISALIA, Calif.--The Mogharebi Group ("TMG") has completed the sale of Oak View Apartments, a 237-unit community, in Visalia. The property sold for $42,500,000 ($179,324 per unit) with multiple offers. Alex Mogharebi, Otto Ozen, Robin Kane, Brendan Kane and Mark Bonas of The Mogharebi...
TMG & Partner Pay $450MM for 300 Lakeside in Oakland
By Jon Peterson
San Francisco-based TMG Partners has closed on the acquisition of the 910,000 square foot 300 Lakeside office asset in Oakland along with an un-named institutional investor for...
