Finance
Bay Area Retail Recovery Reaches Farther, Wider
By Sharon Simonson and Jon Peterson In another sign of the Bay Area’s retail revival, a new study shows that of nearly four...
Walnut Creek Shopping Center Trades Hands for ‘Premium’ Price
By Sharon Simonson A BlackRock joint venture has acquired a Walnut Creek necessity-anchored shopping center for nearly $35 million in a deal that...
Liquid Realty Sues Companies Run By Its Former Execs
By Sharon Simonson San Francisco private equity real estate firm Liquid Realty Advisors LLC and its chief executive, Scott Landress, have sued Clairvue...
Bristol Group Raises $25 Million from Tennessee Pension Fund
By Jon Peterson San Francisco-based Bristol Group Inc. has been awarded a $25 million commitment from the Tennessee Consolidated Retirement System for its...
Alameda County Pension Fund Invests $30 Million In Real Estate
By Jon Peterson The Alameda County Employees’ Retirement Association has approved $30 million in new investment for two real estate funds: $20 million...
Bond Expert: San Jose Redevelopment Successor Agency ‘Insolvent,’ Or Close
By Sharon Simonson Business people have calculated the merits of strategic debt default and bankruptcy-protected reorganization for a long time. The financial and...
Broker: Valley Shopping Center May Sell Below 5 Percent Yield
By Jon Peterson A Mountain View shopping center developed in 2006 that is a stone’s throw from Google Inc.’s campus may trade based...
Clarion Accepts 5 Percent Yield on San Francisco Purchases
By Jon Peterson New York City-based Clarion Partners expects to achieve a 5 percent going-in yield on the two Class A office acquisitions...
Orchard Partners Explores Midwest, East Coast Industrial
By Sharon Simonson Lafayette-based Orchard Partners LLC continues to grow its industrial property portfolio, buying four sites since the beginning of the year:...
Prudential Buys Redwood City’s Hotel Sofitel
By Jon Peterson Newark, N.J., -based Prudential Real Estate Investors and Chicago-based Lodging Capital Partners have formed a joint venture to acquire the...
East Coast Hotelier Nabs Emeryville Property
By Jon Peterson A Maryland real estate investor has acquired Emeryville’s 278-room Hilton Garden Inn at a steep discount to its top-of-market sales...
Foster City Shopping Center Nets Buyer Good Yield
By Jon Peterson A San Diego-based investment trust has achieved a 7 percent yield on a grocery-anchored shopping center in Foster City that...