Trammell Crow Residential Partners with Carlyle Group on $95MM San Francisco Housing Development
By Jon Peterson
Trammell Crow Residential and Washington, D.C.-based The Carlyle Group had partnered together on a new apartment development in San Francisco. These two companies are involved with the...
Levin Johnston Directs Over $360MM in 1031 Exchange Transactions YTD in the Bay Area
BAY AREA, Calif., (Nov. 6, 2019) –Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate...
JLL Arranges $34MM Financing for 7EMPIRE in San Jose
SAN FRANCISCO, August 20, 2019 – JLL announced today that it has arranged $34 million in debt financing for the development of 7EMPIRE, a 97-unit, Class A, art-focused multi-housing community...
Hines’ San Jose Asset Sells for $76MM
Hines Real Estate Investment Trust, Inc. (“Hines REIT”), one of three public non-listed REITs sponsored by Hines, announced in July of 2016 that its board of directors unanimously voted...
UDR and MetLife Plan $317MM Apartment JV in San Francisco
By Jon Peterson
Denver-based UDR and Morristown, N.J.-based MetLife had formed a $317 million joint venture to develop the 477-unit apartment complex located at 399 Fremont in San Francisco.
The structure...
Berkeley Partners Acquires 64,029 SQFT Industrial Building in Richmond in $17MM Portfolio Deal
By Kate Snyder
Berkeley Partners is adding to recent sales activity in Richmond with the acquisition of an industrial property along Marina Way South. Earlier this year, the San Francisco-based...
U.S. Senator Padilla Announces $237MM in Federal Funding for 17 California Projects
WASHINGTON, D.C. — Today, U.S. Senator Alex Padilla (D-Calif.) announced $236.9 million in federal funding for 17 California projects to improve neighborhood connectivity, roadway infrastructure, and street safety. The...
Labor Shortage Key Factor in Rising Construction Costs
By Jacob Bourne
Early last year a team of researchers at CBRE compiled a variety of data from RSMeans and BLS in an attempt to explain why local U.S. markets...
Alexandria Real Estate Continues Stanford Research Park Acquisitions with $71.4MM Buy
By Meghan Hall
Pasadena, Calif.-based Alexandria Real Estate is snapping up properties within the coveted Stanford Research Park at a rapid pace. In a transaction that closed just yesterday, the...
PropTech: When Funds are Tight, EasyKnock Helps Homeowners Create Financing Opportunities
By Meghan Hall
Over the course of the last market cycle, underwriting practices have become much more stringent, as lenders have learned from the practices that resulted in the 2007-2008...
