Finance
LaSalle to Buy Hotel Vitale in San Francisco for $130MM
By Jon Peterson Bethesda, Md.-based LaSalle Hotel Properties is under contract to buy a leasehold interest in the 200-room Hotel Vitale in San...
Mark Hopkins Hotel Sold at 4 Cap Rate
By Jon Peterson The sale of the 383-room Mark Hopkins Hotel in San Francisco has produced a 4 percent cap rate, according to...
Host Hotels Acquires Powell Hotel in San Francisco for $75MM
By Jon Peterson Bethesda, Md.-based Host Hotels & Resorts has acquired the 151-room Powell Hotel in downtown San Francisco for $75 million. The...
RLJ Lodging to Expand Bay Area Presence
By Jon Peterson Bethesda, Md.-based RLJ Lodging Trust is planning on more than doubling its portfolio of hotel properties in the San Francisco...
Thompson Dorfman Earns Big Profit on 2655 Bush Site in San Francisco
By Jon Peterson Mill Valley-based Thompson Dorfman Partners has turned a big profit on the sale of the 0.75-acre site located at 2655...
A Deep Bay Separates Oakland from San Francisco
By Jon Peterson Institutional Investors are being able to buy office buildings in Oakland at much lower price points than in San Francisco....
Sequoia Equities Buys Large Apartment Complex in San Jose
By Jon Peterson Walnut Creek-based Sequoia Equities has paid $146 million or $320,000 per unit and $326 per square foot to acquire the...
New York Life Buys Two Office Buildings in San Ramon
By Jon Peterson New York City-based New York Life Real Estate Investors has acquired two properties in San Ramon. The firm along with...
CIM Group Takes San Francisco Building for Close to $34MM
By Jon Peterson Los Angeles-based CIM Group has acquired the 70,000 square foot 246 1st Street office building in downtown San Francisco. The...
A Great Year to Unlock Quality Deal Flow
By Adam Hooper When legislators dropped the JOBS Act onto the real estate industry’s doorstep last year, not everyone noticed. Of those who...
New York’s Bridgeton Holdings Buys First Bay Area Asset
By Jon Peterson New York City-based Bridgeton Holdings has acquired its first property in the San Francisco Bay Area, the 37,104 square foot...
Ridge Capital Buys Foreclosed Office Building in Newark
By Jon Peterson San Francisco-based Ridge Capital Investors and Greenwich, Conn.-based Contrarian Capital Management have paid $9 million or $82 per square foot...