Residential
TruAmerica Multifamily Acquires 200-Unit Bridges at San Ramon from Acacia Capital for $78MM
TruAmerica Multifamily paid roughly $78 million for Bridges at San Ramon, a 1987-vintage, 200-unit garden community beside Bishop Ranch, prying loose one of...
Cardea Health Buys 286-Room Radisson Hotel Oakland Airport for $15.5MM
A homelessness-focused nonprofit buys the distressed Radisson Hotel Oakland Airport for $15.5MM out of receivership, picking up a conversion plan the prior owner...
The Underpriced Catalyst in Campus Real Estate Is a Train, From Austin’s Light Rail to Bay Area Transit
The catalyst reshaping land values around universities is not zoning but transit: Austin's 9.8-mile light-rail line will run past West Campus, and California's...
El Dorado Hills Clears CEQA Hurdle in Cityhood Bid That Could Wrest Land-Use Control From the County
The El Dorado Hills Community Services District has cleared a pivotal environmental hurdle in its campaign to become a city, a step that...
Harvest, Stockbridge Win Approval to Raze Former GoPro Campus for 222 Homes in San Mateo
San Mateo's Planning Commission has cleared Harvest Properties and Stockbridge to raze the vacated GoPro headquarters and replace it with 222 for-sale townhomes...
Ascentris, DM Development Close on 152-Unit 321 Florida in San Francisco’s Mission, Land $61.7MM PNC Construction Loan
The Denver-based private equity firm Ascentris and San Francisco developer DM Development have closed on 321 Florida and a $61.7 million PNC Bank...
Rubicon Point Partners Buys 160-Unit Ansel Apartments in San Francisco’s Hayes Valley for $98.3MM
A Class A apartment tower that Newmark spent much of this year marketing as a rare fee-simple, core multifamily offering has traded for...
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...
