Sequoia Equities Buys Large Apartment Complex in San Jose
By Jon Peterson
Walnut Creek-based Sequoia Equities has paid $146 million or $320,000 per unit and $326 per square foot to acquire the 456-unit Avalon Rosewalk in San Jose.
The seller...
Selling Silicon Valley
On a cloudy, cold and wet morning, the mood was decidedly sunny at the Computer History Museum in Mountain View, Calif., where the Tri-County Division of the California Apartment...
Cleveland REIT JV to Develop Over 400 Apartments in San Francisco
UPDATE: 2/6/2014
By Jon Peterson
Cleveland-based Associated Estate Realty Corporation has announced that it has created a development joint venture with AIG Global Real Estate on the development of a 410-unit...
Giants’ Mission Rock Plans Move Ahead Despite Growing Opposition
By Nancy Amdur
An influx of office, retail and residential space will be added to San Francisco’s Mission Bay market over the next few years if a $1.6 billion development...
Candlestick Development Progresses
By Joe Gose
Lennar Urban’s appointment of The Mark Company to spearhead the residential branding and marketing campaign for the $8 billion, 775-acre San Francisco Shipyard-Candlestick Point project represents a...
Pacific Urban Selected by CalPERS for Apartment Investment
By Jon Peterson
Palo Alto-based Pacific Urban Residential has been hired by the California Public Employees Retirement System to buy B-quality apartments in a new separate account relationship.
The real estate...
Essex Signs Deal to Buy BRE in $15.4B Transaction
By Jon Peterson
Palo Alto-based Essex Property Trust has signed a definitive agreement to buy San Francisco-based BRE Properties to create the only publicly traded West Coast pure play apartment...
Ares and Thompson Dorfman Plan Mixed-use Project in Foster City
By Jon Peterson
New York City-based Ares Management, formerly known as AREA Property Partners and Mill Valley-based Thompson Dorfman Partners are planning a redevelopment in Foster City called The Waverly...
Kennedy Wilson Buys Two Apartments With One Asset in El Cerrito
By Jon Peterson
Beverly Hills-based Kennedy Wilson has acquired the 159-unit Village at Town Center apartment complex located at 10810 San Pablo Avenue in El Cerrito. This property was bought...
Bay Area Home Sales Take a Breather After Sizzling Summer
By Neil Gonzales
A molten-hot Bay Area residential market has simmered down—albeit to a boil—with the rapid price appreciation and brisk sales of homes leveling off since the summer.
But make...