Eden Housing Buys 116-Unit Multifamily Portfolio in Concord for $37.25MM, Plans Affordable Housing Conversion
Oakland – July 10, 2023 – CBRE arranged a sale of two multifamily communities in Concord, Calif., Sunset Pines and Coral Court Apartments, for $37.25 million (approximately $321,120 per...
Palo Alto’s Epiphany Hotel Sells for $71.6MM
Sales of hotel properties in California reached a record dollar volume of more than $4.4 billion in the first six months of 2015, a 64 percent increase over the...
Market Street Development Sells 26,000 SQFT Medical Office Building in San Jose for $13.2MM
By Kate Snyder
A medical office building in San Jose traded hands recently in a deal that shows investors continue to be attracted to the city’s commercial offerings. The asset...
Oaktree Joins Ellis Partners in $141.5MM Venture to Bring New Investment to the Pruneyard...
(EDITOR'S NOTE: According to public documents, the deal of transaction was for $141.5 million.)
Existing co-owner Ellis Partners to retain ownership stake; New ownership team set to make major upgrades...
San Ramon’s Courtyard Center Trades Again At Deep Discount for $11.2MM
By Vladimir Bosanac
Nearly four years after it traded, San Ramon's Courtyard Center has changed hands again for a price nearly 30 percent lower than its most recent trade in...
105,000 SQFT San Jose Building Falls into Default on $29MM Mortgage Loan
By The Registry Staff
The economic reverberations of the pandemic continue to unfold, with a notable example now surfacing in the heart of Silicon Valley. A prominent San Jose tech...
GI Partners Closes on Second Santa Clara Office Transaction for $37.5MM
By Meghan Hall
After closing on a deal for two buildings in Santa Clara, San Francisco-based GI Partners has nabbed a third building near Bowers Avenue and Walsh Avenue in...
Farmers & Merchants Bank of Central California Acquires Two Assets for Combined $13.2MM
SAN FRANCISCO – Leading global real estate services and investment management company, Colliers recently announced the closing of two deals in Walnut Creek and Oakland with a combined total value...
KB Home Announces the Grand Opening of Pieridae, Its Latest New-Home Community in Galt
Homebuilder’s community offers personalized, new, ranch-style homes in the Sacramento area, affordably priced from the $450,000s.
GALT, Calif.--KB Home today announced the grand opening of Pieridae, a community of new,...
Report: U.S. Rental Rates to Continue Increasing in 2022
By Catherine Sweeney
While it is only the beginning of 2022, multifamily rental rates are already seeing significant increases. According to a national multifamily outlook report by Yardi Matrix, this...