Stockbridge Hits $225MM Capital Raise for New Commingled Fund with San Francisco in Sight
By Jon Peterson
Stockbridge Core and Value Add Advisors has finalized the first closing on its new commingled fund called the Stockbridge Value Fund IV. The capital raised at this...
Santa Clara Office Property Entitled for Redevelopment Trades for $51MM
By Meghan Hall
The site of a $125 million proposed office project has traded hands, giving its new owner the potential to expand greatly. According to public documents and an...
Berkadia Completes $14.6MM Recapitlization of Apartments Community Near Sacramento
Citrus Heights, Calif. (March 31, 2020) – Berkadia announces it has arranged $14.6 million in refinancing for Sierra Ridge Apartments, a 148-unit multifamily community in Citrus Heights, California, northeast of...
Two Modesto Apartment Complexes Sell for $39.6MM
MODESTO, Calif.--The Mogharebi Group ("TMG") has completed the sale of The Commons Apartment Homes, a 100-unit community, and Summerview Apartment Homes, a 136-unit community, in Modesto. The two properties sold together...
San Francisco Shipyard Project Sends Principal Repayments to Their EB-5 Investors
SAN FRANCISCO--Golden Gate Global (“GGG”) is thrilled to announce that to-date, more than 150 of its EB-5 investors have successfully received repayments of their investment capital. These investors funded the...
Harvest Properties Buys 274 Brannan in San Francisco for $99MM
By Jon Peterson
Oakland-based Harvest Properties has closed on the acquisition of the 113,280 square foot 274 Brannan Street office building in San Francisco for $99 million, or roughly $874...
UBS to Sell $5B Worth of Assets from Troubled UBS Trumbull Commingled Fund
By Jon Peterson
UBS is in the process of setting up a sale of roughly $5 billion of assets that are currently held in the real estate manager’s UBS Trumbull...
Lake Tahoe’s ‘The Godfather Part II’ Fleur du Lac Estates on the Market for...
A home located in the Fleur du Lac Estates on Lake Tahoe that was used for a number of scenes in 'The Godfather Part II' including the Fredo Corleone lake murder,...
Google Expands Sunnyvale Holdings with $28.5MM Buy
By Meghan Hall
Google is continuing to move forward with acquisitions throughout the Bay Area. The tech giant recently closed on a deal to acquire an office property formerly home...
Mosser Capital Procures $58.5MM in Financing for Recapitalization of Nine Oakland Properties
SAN FRANCISCO – JLL Capital Markets announced today that it has arranged $58.5 million in financing to fund the recapitalization of a nine-property multi-housing portfolio located in Oakland, California.
JLL worked exclusively...
