CityView Buys Berkeley Apartment Note at Steep Discount
By Jon Peterson
Los Angeles-based institutional real estate investor CityView has paid $66.8 million to acquire Berkeley’s 143-unit Arpeggio apartment complex, a cost well below the $91 million mortgage balance...
Harvest/Cerberus JV Sells 385,000 SQFT Office Building in Daly City for $168.6MM
(EDITOR'S NOTE: According to sources with knowledge of the transaction detail, the property sold for $168.6 million, or roughly $438 per square foot, to Phase 3 Real Estate Partners. The...
Getting the Deal Done: Real Estate Innovation Taking Place Beyond Major Markets
By Meghan Hall
Innovation is happening across the national real estate industry, with numerous technologies coming to market to help real estate transactions happen in a more efficient manner. For...
Tesseract Capital Group Buys 104-Unit Sierra Park Townhomes in Sacramento for $24.7MM
Sacramento – December 19, 2022 – CBRE has arranged the $24.7 million sale of Sierra Park, a 104-unit townhome community in the North Highlands submarket of Sacramento.
Marc Ross with...
City of San Francisco, Related California, Re-Open 436 Affordable Units in San Francisco’s Bayview-Hunters...
By Meghan Hall
The construction and maintenance of even market-rate or luxury housing product within San Francisco city limits poses a challenge, due to narrow profit margins and escalating costs....
TA Realty Seeking $1.25B Raise for New Value-Add Fund Targeting Major Markets Across the...
By Jon Peterson
Boston-based TA Realty is looking to extend its investments across the commercial real estate spectrum in the United States. The company has established a targeted capital raise of...
Clint Reilly Holdings to Acquire 235 Pine in San Francisco for $129MM
By Jon Peterson
San Francisco-based Clint Reilly Holdings is in the planning stages of being the new owner of the 164,405 square foot 235 Pine Street office building in San...
Google Buys Three San Jose Office Buildings from Cisco for $123MM
By Meghan Hall
Google’s investment in the South Bay city of San Jose continues to surge, with the tech giant seeming to snap up any available property for its rapidly...
The Senator, a Landmark Sacramento Office Building Sells for $46.9MM
(EDITOR’S NOTE: According to a statement from the buyer, Seagate Properties, the building was purchased for $46.9 million.)
SACRAMENTO, CA. (Dec. 28, 2018) – JLL Capital Markets has completed the...
Invesco Sells East Bay Industrial Property at a $3MM Loss
By Jon Peterson
Atlanta-based Invesco Real Estate has sold the 223,505 square foot North Hayward Corporate Center industrial complex in Hayward at a $3 million loss. The sales price was...