Finance
Bubble Talk = Wishful Thinking
By Eric Von Berg We hear people referring to the current Bay Area economy as the boom phase of a boom/bust cycle: “We...
S. Hekemian Group Buys Development Site in San Francisco for $10MM, Plans Housing
By Jon Peterson Mill Valley-based S. Hekemian Group has paid $10 million to acquire the development site in San Francisco located at 828...
Grosvenor Buys San Jose Apartment Complex for $160MM
As housing continues to be of very limited supply across the region, more investors are buying into the market where demand seems unabated....
Covington Group Buys First Industrial Asset in San Francisco Bay Area in Antioch for $18.8MM
[googlemaps https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d25148.68324244758!2d-121.79481246251156!3d38.010129879717255!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x80855708b2911231%3A0x5d2563c60d68cf5!2s2110-2300+Wilbur+Ln%2C+Antioch%2C+CA+94509!5e0!3m2!1sen!2sus!4v1446540472515&w=600&h=450] By Jon Peterson Richardson, Texas-based The Covington Group has made its first acquisition in the San Francisco Bay Area with its...
Boston Properties Sells San Jose Office with Development Opportunity for $207MM
Another Golden Triangle sale in Silicon Valley announced yesterday highlights the burgeoning office market there and the need for companies to secure as...
Canada Pension Fund Acquires Interest in Industrial Portfolio With Seattle and San Francisco Assets
By Jon Peterson Toronto-based Canada Pension Plan Investment Board has bought an interest in an industrial portfolio with assets that are in the...
Pacifica Apartment Building Sold to Bridge Housing for $19MM
Ocean View Senior Apartments in Pacifica is a 100-unit apartment complex that has been owned by the National Church Residences for the past...
Romel Enterprises Buys Burlingame Apartment Complex for $40.6MM
Burlingame Towers, an 85-unit, eight-story apartment building in Burlingame just traded hands, and San Mateo-based Romel Enterprises was the buyer. Romel purchased the...
Warriors Purchase in Mission Bay Closes at $155.1MM
The Golden State Warriors announced a couple of weeks ago that they closed on the purchase of the 12-acre Mission Bay site in...
Carlyle Buys Sunnyvale Mobile Park for $150MM
The Washington, DC -based investment and asset management firm Carlyle Group has just purchased its second mobile park in the Bay Area in...
Equity Residential Plans $170MM Apartment Development in SOMA
By Jon Peterson Chicago-based Equity Residential is planning on a $170 million apartment development in San Francisco located adjacent to its 410-unit SOMA...
Stockbridge Pays Nearly $20MM Over Appraised Value for Three-Property Portfolio
By Jon Peterson San Francisco-based Stockbridge Capital Group has paid almost $20 million above the most recent appraised value of a three-property industrial...
