CalPERS Allocates $1.75B of New Capital to Bay Area-Based Real Estate Managers
By Jon Peterson
Looking to expand its allocation of investment funds across a number of real estate asset classes, California Public Employees Retirement System (CalPERS) has approved new commitments with...
ICYMI: Bay Area Developer Forum
A comprehensive overview of the San Francisco Bay Area's Commercial Real Estate industry and an analysis of the market.
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September 9, 2020
OPENING REMARKS:
Jeff Bellisario, Bay Area Council...
Overton Moore Places Oakland Industrial Asset on the Market, Pricing Could Reach $7.6MM
By Jon Peterson
Torrance, Calif.-based Overton Moore Properties has placed on the market for sale the 14,932 square foot industrial building on a 2.71 acre lot in Oakland located at...
GI Partners Closes Oversubscribed Inaugural Data Infrastructure Fund At $1.8 Billion in Commitments
SAN FRANCISCO, Sept. 8, 2020 -- GI Partners, a leading private investment firm, today announced the final closing of its inaugural Data Infrastructure Fund, which totaled $1.8 billion in commitments from a broad group...
Healdsburg Landmark Sells for $8MM
Compass Agents Alain-Martin Pierret and Johnny Drake Broker Sale of 25 North -- former home of SHED
(EDITOR’S NOTE: According to sources with knowledge of the details of the transaction, the property...
NorthMarq Arranges $39.9MM in Bridge Financing for Acquisition of Sycamore Technology Park in Milpitas
SAN FRANCISCO, CALIFORNIA – Vertical Ventures LLC recently closed on the acquisition of a three-building office/R&D campus in Milpitas (San Jose MSA) for $45,500,000 with financing arranged by NorthMarq’s...
Podcast: Jeff Berkes, Western Region President @ Federal Realty
Jeff Berkes is an executive vice president and western region president for Federal Realty, one of the nation’s largest commercial real estate REITs. He is responsible for leading Federal...
RevOZ Capital Closes On $20MM Opportunity Zone Investment in Downtown Sacramento
Mixed-use redevelopment is firm’s latest bid to leverage federal tax incentive to stimulate new economic and community benefits in historically underinvested communities
(EDITOR’S NOTE: According to sources with knowledge of...
AFL-CIO Housing Investment Trust Announces $1 Billion Initiative for Bay Area Jobs and Rental...
SAN FRANCISCO -- The AFL-CIO Housing Investment Trust (HIT) today announced a $1 billion investment initiative intended to create jobs and rental housing for the Bay Area over the next five...
PGIM Real Estate Arranges $482MM Fannie Mae Credit Facility for Six Sobrato Multifamily Assets
LOS ANGELES – PGIM Real Estate has arranged a $482 million Fannie Mae credit facility collateralized by six multifamily properties located on the West Coast. The loan has a 10-year...
