Finance
PropTech: As Self-Storage Industry Surges, Neighbor Brings Gig Economy Potential to the CRE
By Meghan Hall Despite its growth in recent years, the self-storage industry has seen next to no innovation, even as proptech has infused...
Silicon Valley’s Grand Hotel Sunnyvale Announces $25 Million Dollar Addition
60,000 Sq. Ft. Annex Features 51 New Rooms, 2 Meeting Spaces & More, Opening June 2021 Sunnyvale, Calif. (January 5, 2021) — The Grand Hotel Sunnyvale, Silicon...
Mapletree Investments Places Uptown Station in Oakland Under Contact with Potential Pricing ~$420MM
By Jon Peterson A very significant sale of an office building in Oakland has been placed under contract, according to three sources familiar...
Novogradac Opportunity Funds Report Shows More than $15 Billion in Investment
Equity Jumps More than $3 Billion Since August; Residential, Commercial Top Areas SAN FRANCISCO, Feb. 3, 2021 /PRNewswire-PRWeb/ — Equity raised by qualified...
Demand for San Francisco’s Most Rare & Ultra-Luxe Real Estate Opportunities Remains Strong
One Steuart Lane Continues Impressive Sales Success & Commands Among the Highest Price-Per-Square-Foot in the City SAN FRANCISCO (Feb. 3, 2021) – As the...
Mesa West Capital Funds $58.7MM Loan for Acquisition of Silicon Valley Office Building
(EDITOR’S NOTE: According to previous reporting from The Registry, Los Angeles-based Kilroy Realty sold the property to the joint venture for $75.9 million.) Los...
Pebblebrook Hotel Trust Executes Contract to Sell Sir Francis Drake Hotel for $157.6MM
(EDITOR’S NOTE: According to a statement from the company, the hotel’s net operating income at the end of 2019 came in at $11.4...
CIP Buys Cabot Business Park in Hayward for $33MM
By Jon Peterson Irvine-based CIP Real Estate has closed on the acquisition of the Cabot Business Park in Hayward. The purchase price paid...
Oregon Pension Fund Creates $200MM Life Science Co-investment with Harrison Street, Targets Bay Area Assets
By Jon Peterson Oregon Public Employees Retirement Fund has formed a co-investment relationship with Chicago-based Harrison Street Real Estate Partners to invest in life...
Newmark to Acquire Assets of Flex Office Provider Knotel
(EDITOR’S NOTE: The news comes several years after Knotel announced a $25 million round of Series A funding that closed in 2017. According...
Rare Emeryville Industrial Property Hits the Market After 20 Years
By Meghan Hall As available supply continues to dwindle in the Emeryville market, an industrial value-add opportunity has been posted for sale for...
Downtown Pleasanton Retail Assets Sell for $20MM
By Meghan Hall Several retail businesses on Pleasanton’s Main Street have sold—even as uncertainty remains as a result of the coronavirus pandemic. Lafayette-based...