Finance
Ivanhoé Cambridge Buys Majority Interest in San Francisco Apartment Portfolio
By Jon Peterson Montreal, Canada-based Ivanhoé Cambridge has bought a majority stake in an 11-property apartment portfolio in San Francisco along with San...
Principal Plans Redevelopment Project in Menlo Park
By Jon Peterson Des Moines, Iowa-based Principal Real Estate Investors is now planning a redevelopment project after its acquisition of the 217,000 square...
Woodmont Pays $14MM for Apartment Complex in Mill Valley
By Jon Peterson Belmont-based Woodmont Companies has paid $14 million to acquire the 38-unit Casa Roja Apartments in Mill Valley, according to sources...
On Heels of Record Year, Newmark Cornish & Carey Focuses on Hot Issues for 2015
“I hope you guys are enjoying this recovery as much as we are,” proclaimed Chuck Seufferlein, president of the western region of Newmark...
Berkshire Buys Oakland Apartments for $24MM
By Jon Peterson Boston-based Berkshire Group has bought the 75-unit 901 Jefferson Street apartment complex in the Old Oakland section of downtown Oakland...
San Francisco Investment Demand to Stay Strong in 2015
By Joe Gose Commercial real estate prognosticators across the board remain bullish on 2015, declaring that an abundance of low-cost capital will continue...
ASB Continues Urban Real Estate Strategy with $92.6MM Purchase of 444 De Haro Street in San Francisco
By Jon Peterson The Washington, D.C.-based ASB Real Estate Investments continues to buy significant office building assets in urban markets. The latest example...
Pacific Urban Sees Growth in Vintage Apartment Strategy
By Jon Peterson Palo Alto-based Pacific Urban Residential is now in the middle of a major growth pattern for the company through the...
Irvine Co. Buys Santa Clara Office Park for $136.8MM
By Nancy Amdur The Irvine Co. tossed another Silicon Valley property into its portfolio with its recent $136.8 million purchase of a 12-building...
New York Life Pays $30MM to Buy Office Building in North San Jose
By Jon Peterson New York City-based New York Life Real Estate Investors has paid $30.3 million or $233 per square foot to buy...
Three-Company JV Buys Office/R&D in Santa Clara for $19MM
By Jon Peterson A three-company joint venture has come together to acquire the 127,000 square foot 5301 Patrick Henry Drive office/R&D facility in...
New Bay Area Investor Closes on First Deal
By Jon Peterson Mill Valley-based Objective Real Estate Partners has closed on its initial real estate investment after being formed in 2013. The...