Finance
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...
Arden Sells Into Rising Market
By 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...
Prudential Selling in San Francisco South Financial District
By Jon Peterson Parsippany, N.J., -based Prudential Real Estate Investors has put 685 Market St. in San Francisco’s red-hot South Financial District up for...
Drawbridge Moats $125 Million
By Jon Peterson San Francisco-based Drawbridge Partners LLC has inked a deal with New York City-based Almanac Realty Investors LLC for an equity investment...
CalPERS Sells Vacaville Apartments to Sequoia
Jon Peterson The California Public Employees’ Retirement System has sold the 312-unit River Oaks Apartments in Vacaville for $52.4 million on an all-cash...
Republic Urban Secures First Financing for San Jose Apartments
By Jon Peterson Washington, D.C.-based Republic Urban Properties has secured more than $8 million in financing to forward the development of its Meridian apartment...
Stockbridge Shifts Sights With New Fund
By Jon Peterson San Francisco-based Stockbridge Capital Group is raising money for a new fund that would embrace the smart and small, and eschew...
Kinship Harvests a Pioneer
By Sharon Simonson Harvest Properties and a Chicago money partner have acquired the 34,000 square-foot Pioneer Building in San Francisco’s Mission District with a...