Redwood City, The Sobrato Organization, Mixed-use, Broadway Plaza, Studio T Square, Peninsula, Bay Area

Sobrato Proposes Mixed-Use Project on Broadway in Redwood City

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By Nancy Amdur Redwood City is reviewing a proposal by The Sobrato Organization to build a mixed-use project featuring office, residential and retail space at Broadway and Chestnut Street. The Cupertino-based...
BHV Centerstreet Properties, Walnut Creek, Fremont, Danville, Northwestern Mutual, The Landing, Artist Walk, Centerville District, PCCP, JD Capital

BHV Plans $150MM of Apartment Projects in Walnut Creek and Fremont

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By Jon Peterson Danville-based BHV Centerstreet Properties will be starting soon on two new apartment projects in Walnut Creek and Fremont with a total development cost of $150 million. The project...
Black Creek Group, Industrial Property Trust, Prologis, Morgan Stanley & Co., Eastdil Secured, Hogan Lovells, Denver,

Kennedy Wilson Plans $500MM Fund, Seeks to Hire Acquisition Lead in the Bay Area

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By Jon Peterson Los Angeles-based Kennedy Wilson International is working to become a bigger player in the acquisition of apartment complexes in the San Francisco Bay Area in the future....
Carlyle Group, Sunnyvale, Pacifica, San Jose, Santa Clara, Silicon Valley, Pacific Skies Estates, Plaza Del Ray, Moffatt Place, Jay Paul

Carlyle’s Mobile Park Purchase in Sunnyvale Closes at $151,521,000

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In its second mobile park purchase in just as many months, Washington, DC -based investment and asset management firm Carlyle Group paid $151,521,000 for an 85-acre Plaza Del Ray...
San Francisco, Grosvenor Americas, Waterstone Apartment Homes, San Jose, Pacific Urban Residential, Institutional Property Advisors, Silicon Valley

Grosvenor Buys San Jose Apartment at 4.25 Cap Rate

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By Jon Peterson San Francisco-based Grosvenor Americas has bought the 432-unit Waterstone Apartment Homes in San Jose at a 4.25 percent cap rate, according to sources familiar with the property. “Once...
San Jose, multifamily, Sobrato Organization, Silicon Valley, Arquitectonica International Corp, Essex Property Trust, Simeon Commercial Properties

Sobrato Moves Forward on Apartment Tower Project in Downtown San Jose

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By David Goll Another signal that downtown San Jose is diversifying its renaissance is the recent submittal of a preliminary application to build a 23-story, 399-unit apartment tower by The...
Housing Trust Silicon Valley, Bay Area, Pure Storage, TECH Fund, Cisco, LinkedIn, San Jose, Mountain View, Redwood City, Silicon Valley

San Jose to Increase Housing Target by 40% in Updated Downtown Development Plan

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By David Goll More than a decade after adopting their most recent game plan for downtown development, San Jose officials are taking a fresh look at the best ways to...
S. Hekemian Group, San Francisco, Bay Area, Equity Residential, Pinterest, Airbnb

S. Hekemian Group Buys Development Site in San Francisco for $10MM, Plans Housing

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By Jon Peterson Mill Valley-based S. Hekemian Group has paid $10 million to acquire the development site in San Francisco located at 828 Brannan Street. “We think that this site is...
Grosvenor Americas, San Jose, Silicon Valley, San Francisco, Carlmont Woods Apartments, Waterstone San Jose, Belmont, Bay Area, Marcus & Millichap

Grosvenor Buys San Jose Apartment Complex for $160MM

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As housing continues to be of very limited supply across the region, more investors are buying into the market where demand seems unabated. Grosvenor Americas, the U.S. arm of...
Bay Area, Redwood City, San Francisco, The Pacific Companies, MidPen Housing, Palo Alto, Mercy Housing, BRIDGE Housing, ROEM, Eden Housing

Redwood City Looks to Add Affordable Housing with New Project, Impact Fees

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By Nancy Amdur As Redwood City works to boost the amount of affordable housing in its community, the City Council on Monday reviewed seven development proposals for city-owned land located...