Finance
Sares Regis Gains $30MM For Apartment Fund
By Jon Peterson Newport Beach-based Sares Regis Group has been awarded a $30 million commitment for the Sares Regis Western States Multifamily Fund,...
Arden Sells Into Rising Market
Jon Peterson Los Angeles-based Arden Realty Inc., the commercial property arm of the General Electric Co., has placed a nine-property, central Silicon Valley...
American Realty Buys North San Jose Retail, Residential Revolution
By Jon Peterson Glendale, Calif., -based American Realty Advisors has paid $46.55 million for the @First shopping center at Highway 237 and 4180...
TMG, Alcion Buy Beer Brewery At Half Replacement Cost
By Jon Peterson and Sharon Simonson San Francisco-based TMG Partners and its capital source, Alcion Ventures, have received six letters of intent from...
Rosen on Real Estate: Let the Good Times Roll
By Sharon Simonson The Bay Area economy is the strongest in the nation with the exception of oil-booming North Dakota, and commercial real...
Kimpton Raising Capital for New Hotel Fund
The University of Michigan Endowment in Ann Arbor, Mich., had committed $20 million to the KHP Fund III L.P., the latest investment fund...
Texas Pension Fund Commits $75MM to Stockbridge
By Jon Peterson The Texas Municipal Retirement System has approved a $75 million commitment to the Stockbridge Value Fund, a commingled real estate...
East Bay Loans Lead List of Monitored Debt
By Sharon Simonson More than $187 million in unpaid loans collateralized by Oakland area real estate have been added to a “watchlist” compiled...
Pension Fund Tags Santa Clara Industrial For Sale
By Jon Peterson A Santa Clara warehouse and distribution facility owned by the Kansas Public Employees Retirement System has been slated for sale as part...
Sun Life Looks to Sell Walnut Creek Offices
By Jon Peterson Toronto-based Sun Life Assurance Co. of Canada is calling for offers on the 197,500 square-foot Centre Pointe Business Park in Walnut...
Historic San Francisco Building In Mortgage Default
By Jon Peterson The historic Humboldt Bank Building at 785 Market St. in San Francisco has tumbled into mortgage default, according to a monthly...
Food for Thought: Safeway To Put $1B Into Real Estate Development
By Jon Peterson & Sharon Simonson Developers of neighborhood-based necessity retail have a new deep-pocketed competitor: Pleasanton-based grocer Safeway Inc. Operating through Property Development...
