JB Matteson Completes $132MM in Refinancing of Six Multifamily Properties In California & Washington
SAN FRANCISCO, CALIFORNIA (September 13, 2021) – Dennis Williams, senior vice president/managing director and Tom Wight, vice president of NorthMarq’s San Francisco office collaborated to arrange $132 million in total financing for...
Intercontinental Real Estate & Security Properties Buy 244-Unit Sacramento Multifamily Community for $87.5MM
(EDITOR’S NOTE: According to sources with knowledge of transaction detail, the property sold for $87.5 million, or $358,606 per unit.)
Boston (September 8, 2021) – Intercontinental Real Estate Corporation (“Intercontinental”)...
The True Life Cos. to Build 189 Townhomes and Condos in Hayward
SoMi will break ground in October of 2021
HAYWARD, Calif. (September 8, 2021) — The True Life Companies (TTLC), a real estate firm focused on repurposing underutilized properties to create...
Calvera Closes $31.6MM U.S. Multifamily Value-Add Investment Fund
San Francisco -- Calvera Partners, a national real estate investor and operator, is pleased to announce the closing of its latest multifamily value-add investment fund, The Calvera Multifamily Transformation...
Development Site in Burlingame up for Sale with $11MM Asking Price
By Jon Peterson
Across the Bay Area, redevelopment sites can at times be one of the major reasons more housing is difficult to build. But one private investor based on...
Riaz Capital Spends $18.15MM for Oakland Hotel, Planning Workforce Housing
OAKLAND, CALIF. – Riaz Capital, a fully integrated development, construction and property management company, has acquired the Z Hotel in Oakland and will transform the 102-door hotel into workforce housing apartments with added density as part of the company’s innovative approach to...
25-Unit Apartment Community in San Leandro Sells for $6.8MM
(EDITOR’S NOTE: According to public records, the deal recorded on August 6th. The buyers are several limited liability companies under the names Abbott SL1 LLC, Foothill Terrace Group LLC,...
Trumark Homes Announces New Luxury Townhome Community in Concord
San Ramon, Calif., Aug. 30 – Award-winning California homebuilder Trumark Homes today announced it will develop a residential community of luxury townhomes in Concord, California. Penny Lane, will create new opportunities...
Preliminary Plans Filed for 623-Unit Tower in San Francisco
By Meghan Hall
Developers are continuing to make a name for themselves in San Francisco, pitching projects that will have a significant impact on the city’s skyline once completed. Most...
Riaz Capital Unveils Latest $100MM Housing Development Fund
Firm expanding its portfolio of Bay Area workforce housing after leasing and investor returns remain unperturbed even at the height of the pandemic
OAKLAND, CALIF. – August 31, 2021 – Riaz Capital, a Bay Area-based development and management company, has unveiled its latest opportunity zone-compliant development fund that will expand its visionary strategy for delivering cycle-resistant investor returns on housing for the Bay Area’s underserved urban workforce.
The Ozone...
