Residential
Essential Housing Pays $109.7MM for Former Saratoga Vineyard, Partnering with Lennar to Deliver 64-Unit Residential Project
City Connect’s century-old Saratoga vineyard traded to TPG for $109.7 million — a $79 million return that proves that in a market where...
Prometheus Real Estate Group Pays $69.5MM for 173-Unit Highlander Apartments in Sunnyvale
In a Bay Area apartment market that has spent 18 months generating distress headlines, Prometheus paying 4.3 percent above the county average for...
Mill Creek Files Plans to Raze Downtown San Rafael Safeway for 331-Unit Apartment Building
Mill Creek Residential has filed a pre-application to demolish the Safeway anchoring Downtown San Rafael and replace it with an eight-story, 331-unit apartment...
Marin County Community Development Agency Issues Final Building Permit for 125-Unit Marinwood Apartments in San Rafael
Construction to begin on 125-unit affordable housing community Marin County, CA — An affordable housing development in unincorporated Marin has reached a significant...
San Francisco’s Record Rent Surge Spills Into Oakland, Driving the East Bay’s Biggest Gain Since 2023
San Francisco apartment rents posted the fastest annual growth of any U.S. city this year, and that pressure is now flowing across the...
Sacramento City Unified Declares Historic 4.83-Acre McClaskey Center Surplus, Opening East Sac Infill Site to Developers
Sacramento City Unified School District has cleared the way to sell the century-old A. Warren McClaskey Adult Center, a 4.83-acre East Sacramento parcel...
44-Unit Manchester Apartments Listed for Sale in San Leandro With Rare Rent-Reset Upside
The Mogharebi Group has listed Manchester Apartments, a 44-unit deed-restricted affordable housing community in unincorporated San Leandro, pitching investors on a regulatory quirk...
FivePoint Clears Final Map for 7,200-Home Candlestick Point Megaproject, Breaks Ground This Summer in San Francisco
After more than a decade of false starts, environmental scandal and shifting market bets, developer FivePoint has secured the final approval it needs...
San Francisco Commission Advances Mayor Lurie’s $28.5MM OpenGov Permitting Deal Despite Favoritism Claims
San Francisco’s Civil Service Commission cleared Mayor Daniel Lurie’s no-bid OpenGov contract on a 4-1 vote, unblocking a $28.5 million permitting overhaul that...
San José Unified School District to Explore Acquisition of All 337-Unit Tower for Employee Housing
Facing a teacher retention crisis that ground-up development alone can’t solve fast enough, San José Unified has retained CBRE to evaluate a bulk...
20-Unit Burlingame Apartment Building Sells for $12MM at Record Price Per Unit
A 20-unit apartment building steps from Burlingame Avenue changed hands for nearly $12 million, with the deal setting the highest per-unit price for...
KB Home’s California-Led West Coast Bucks the Slump on Orders as Prices Retreat
KB Home’s West Coast region, anchored by its core California markets, was the lone bright spot for new orders in a difficult second...
