Axis Development Pays $18MM for Un-entitled Apartment Site in San Francisco

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By Jon Peterson San Francisco-based Axis Development Group is the new owner of the apartment development site located at 2675 Folsom in San Francisco, according to sources familiar with the...
Redwood City, Sares Regis Group, Northern California, San Mateo, TIAA-CREF, 849 Veterans Blvd, Peninsula housing, Bay Area real estate

Sares Regis Planning 90-Unit Multifamily Project in Redwood City

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By Nancy Amdur More housing is in the works for Redwood City as Sares Regis Group of Northern California is proposing to build a 90-unit development at 849 Veterans Blvd. San...

Housing: Bay Area’s Achilles Heel

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The Bay Area is perhaps the West Coast’s most important region. And according to some, it is California’s economic engine, and one of the main reasons the state is...

Menlo Park Eyes Changes in How Developers Provide Public Benefits

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By Neil Gonzales An idea to revise a process in which a project provides public benefits has come up again in Menlo Park just as other Silicon Valley cities similarly...
San Francisco, Paragon Real Estate, Bay Area, Wealth-X, Sotheby’s International Realty, Luxury Residential Real Estate Index, San Jose, Oceanwide Holdings

San Francisco Luxury Homes Attracting Wealthy Foreign Buyers

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By Neil Gonzales A growing number of ultra-high-net-worth individuals from emerging economies such as China, Brazil and Russia are snapping up luxury residential property in hot real estate markets worldwide—including...
Vallco-Shopping-Mall-Cupertino-real-estate-The-Registry

Vallco Mall Developer Pledges $40MM for Cupertino Schools

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By Brett Goetschius Sand Hill Property Co., the Cupertino-based firm which acquired the 1.3 million square feet Vallco Shopping Mall in Cupertino last November for almost $320 million, has pledged...
Stripe, California YIMBY, State Housing and Community Development Department, Legislative Analyst’s Office, San Francisco, Bay Area, Salesforce, Facebook, Apple, Google, Alipay, Tencent, Twitter

CalPERS New $1.5B Commitment to be Partially Invested in San Francisco and Seattle

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By Jon Peterson California Public Employees Retirement System is planning to invest in office building transactions in the San Francisco and Seattle markets going forward as a result of new...
Chan Zuckerberg Initiative, Bay Area Housing Advocacy Coalition, San Francisco Housing Action Coalition, Bay Area, San Francisco

Federal Voices Add to Ellis Act Debate, Call for Moratorium

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Neil Gonzales The state’s heated debate over the controversial Ellis Act has drawn attention from federal levels. In light of the statewide housing crisis, U.S. Reps. Maxine Waters and Karen...
Residential Towers

Two Planned Residential Towers Would Add More Than 550 Units to Downtown Oakland

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By Nancy Amdur Downtown Oakland may soon receive a boost in its housing inventory as Portland-based developer Gerding Edlen looks to build a 206-unit residential-and-retail tower at 1700 Webster St....
777 Tennessee, San Francisco, Dogpatch, San Francisco, Newmark Cornish & Carey,

Fully Entitled 777 Tennessee Street Lot in San Francisco Sells for $4.7MM

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A fully entitled lot of 11,424 square feet in San Francisco’s Dogpatch district sold last month for just over $4.7 million, or $411 per square foot, according to public...