Residential
Keech Properties Buys 83-Unit Sunsweet Apartments for $45MM in Morgan Hill
Keech Properties buys the 83-unit Sunsweet apartments in downtown Morgan Hill for $45MM, above its $37.6MM development cost.
Strada Refiles 395 3rd Street Tower in San Francisco’s SoMa at 45 Stories, 501 Units
The developer’s third redesign in five years adds height and cuts affordable units, using state density bonus law to grow the tower well...
Build Inc. Hit With Default Notice on $45.4MM India Basin Loan in San Francisco
The developer behind one of San Francisco’s largest remaining waterfront housing sites has been served a notice of default, adding a new layer...
MidPen Housing Celebrates Framing of 71-Unit Cypress Point Affordable Community in Moss Beach
Nearly four decades after the site was first zoned for housing, MidPen Housing celebrated the framing of 71 affordable homes on San Mateo’s...
Eden Housing, Santa Clara County Break Ground on 68-Unit East Santa Clara Senior in Downtown San José
Eden Housing and the County of Santa Clara have started construction on East Santa Clara Senior, a 68-unit affordable and supportive rental community...
Mandela Station Breaks Ground on 240-Unit Affordable Phase at West Oakland BART, Phasing Out Commuter Parking
The long-stalled Mandela Station development has begun vertical construction on its 240 affordable apartments, the first buildings to rise on the West Oakland...
Tamalko Homes Secures $27MM in Tax Credits, Clearing Path for 54-Unit Affordable Project in Point Reyes Station
The partnership behind Tamalko Homes has assembled its final major financing piece — a $27 million federal tax credit award — positioning one...
Tesseract Capital Group Sells 100-Unit Modesto Apartments for $26.6MM
An assumable HUD loan carrying a 3.8 percent rate helped drive a Southern California buyer to pay a Central Valley premium for The...
Eight-Unit Miramonte Duplex Portfolio Hits Mountain View Market at $11.2MM, or $1.4MM Per Unit
A family that has owned four side-by-side duplexes on Mountain View's Miramonte Avenue since building them in 1978 is testing one of Silicon...
Bedford Affordable Housing Buys 220-Unit Avana San Jose for $85.5MM
A Los Angeles-area nonprofit has bought a second San Jose apartment complex in three months, deepening a strategy of acquiring market-rate housing and...
Dividend Homes Pays $67.7MM for 3.9-Acre Palo Alto Fry’s Site Parcel
A homebuilder has paid $67.7 million for a slice of Palo Alto’s former Fry’s Electronics campus, the clearest sign yet that a site...
Lurie Declares San Francisco ‘Rent Emergency,’ Backs $30MM Package as AI Boom Drives Record Rents
San Francisco Mayor Daniel Lurie declared a rent emergency and threw his weight behind a roughly $30 million spending plan and six ordinances...
