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...
San Francisco, RentJungle, ApartmentList, Bloomberg, CNBC, Bay Area. San Francisco Business Times, Veritas Investments, Coalition for Better Housing

With Nearly 10,000 Units in the Pipeline, San Francisco Housing Demand Remains Strong

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By David Goll Breathtaking rents hitting dizzying levels in soaring San Francisco residential towers have made even buying a home a cheaper monthly alternative in one of the nation's most...
Ocean View Senior Apartments, Pacifica, National Church Residences, San Francisco, Bridge Housing, San Mateo, San Francisco Foundation

Pacifica Apartment Building Sold to Bridge Housing for $19MM

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Ocean View Senior Apartments in Pacifica is a 100-unit apartment complex that has been owned by the National Church Residences for the past 15 years. The Columbus, OH -based...
Burlingame Towers, Burlingame, San Mateo, Romel Enterprises, Palo Alto, Mayfield Companies, Peninsula, Caltrain, HFF, Bay Area, Marcus & Millichap

Romel Enterprises Buys Burlingame Apartment Complex for $40.6MM

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Burlingame Towers, an 85-unit, eight-story apartment building in Burlingame just traded hands, and San Mateo-based Romel Enterprises was the buyer. Romel purchased the asset from the Palo Alto-based Mayfield...
Carlyle Group, Sunnyvale, Pacifica, San Jose, Santa Clara, Silicon Valley, Pacific Skies Estates, Plaza Del Ray, Moffatt Place, Jay Paul

Carlyle Buys Sunnyvale Mobile Park for $150MM

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The Washington, DC -based investment and asset management firm Carlyle Group has just purchased its second mobile park in the Bay Area in just as many months. Following a...
Equity Residential, SOMA Square, REIT, San Francisco, Azure at Mission Bay, Mission Bay, Parc on Powell, Emeryville, HKS

Equity Residential Plans $170MM Apartment Development in SOMA

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By Jon Peterson Chicago-based Equity Residential is planning on a $170 million apartment development in San Francisco located adjacent to its 410-unit SOMA Square project, as stated during a conference...
Sunnyvale, DeAnza Properties, Butcher’s Corner, Land, Santa Clara County, Local Agency Formation Commission

Annexation Approved, Sunnyvale Contemplates What’s Next for Butcher’s Corner

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Now that Sunnyvale’s city council has approved the annexation of a five-acre former plum orchard from Santa Clara County, the political jockeying to influence the next stage of its...