Nearon Enterprises Is First-Ever Buyer of Walnut Creek Apartment Community for $37.4MM
Walnut Hill Apartments in Walnut Creek has traded hands for the first time since its original construction in 1963. Walnut Hill is a 90-unit apartment complex situated at 1755...
Kennedy Wilson Property Services Expands Bay Area Presence With Alhouse Deaton Acquisition
National property services and commercial brokerage firm doubles number of Northern California offices, adds 1.6 million square feet to services portfolio
LOS ANGELES, Calif. (Jan. 13, 2022) – Kennedy Wilson Property Services today...
Redfin to Acquire Bay Equity Home Loans for $135MM
Acquisition will give Redfin customers a broader suite of loan products in more markets and propel the company’s efforts to create a complete real estate solution
SEATTLE— Redfin has entered into...
Opportunity Housing Group Buys Pleasant Hill Apartment Complex for $304MM, Bringing 2021 California Investment...
Danville, CA and Pleasant Hill, CA -- Opportunity Housing Group (OHG), a Danville CA-based company creating workforce housing for Californians, today announced the Dec. 28, 2021 acquisition closing for...
Report: Investors Should Proceed with Cautious Optimism in 2022
By Catherine Sweeney
Coming back from a challenging market in 2020, the commercial real estate industry began 2021 with a lot of momentum as investors showed more opportunistic attitudes and...
Urban Catalyst Secures Third Parcel for its Icon/Echo Projects for $9.5MM
(EDITOR’S NOTE: According to public documents, Urban Catalyst paid $9.5 million for the site. In two other acquisitions, Urban Catalyst spent $16 million and $15.9 million to acquire 49 N....
204-Unit Multifamily Community Sells for $48MM in Sacramento
Sacramento – CBRE announced the sale of The Retro, a 204-unit multifamily community located at 2500 Fair Oaks Blvd in Sacramento’s Arcade-Arcade submarket. Clear Capital purchased the asset from Ridge...
Amazon Continues to Expand Land Holdings and Plans for Expansion, Buys Vacant Santa Clara...
By Meghan Hall
Amazon is continuing to plan well-ahead of its needs, closing on its second land deal in recent weeks. This week, Amazon Web Services, a subsidiary, purchased...
R.D. Olson Construction Breaks Ground On 142-Unit Affordable Housing Community In Santa Rosa, California
Design-build project preserves existing oak grove; provides passive recreational space for future residents
Santa Rosa, Calif. – R.D. Olson Construction, an award-winning general contracting firm in California, today announced that construction...
South San Francisco City Council Reluctantly Approves 480-Unit Development
By Meghan Hall
A South San Francisco housing project several years in the making has cleared a major hurdle, but not before facing a critical City Council. At the end...