One Hawthorne Penthouses Up for Sale

By Sharon Simonson Eager San Francisco condo buyers will soon have fresh meat in a tight market: After beginning sales more than two years ago, Jackson Pacific Ventures, the developer...

Irvine Co. Plans Bay Area Expansion

By Sharon Simonson Southern California’s Irvine Co. continues to expand its Silicon Valley office and apartment empire with the first 260 leases signed at its new Crescent Village Apartment Homes...

Horton Hears a Housing Opportunity

By Sharon Simonson Texas-based D.R. Horton Inc., one of the country’s largest new-home builders, has acquired 2.4 acres in Los Gatos from Redwood City’s Sand Hill Property Co. where it...

Chicago REIT Buys More Peninsula Apartments

By Sharon Simonson Chicago-based Equity Residential, a huge owner of U.S. apartments, has acquired a 241-unit, two-tower complex in downtown San Mateo and plans a major renovation. The Townhouse Plaza and...

Archstone Starts Emeryville Apartments

By Jon Peterson Englewood, Colo., apartment owner and developer Archstone Inc. has started construction on Archstone Parkside in Emeryville where it expects to invest $65.5 million to develop 175 apartments...

CityView Buys Berkeley Apartment Note at Steep Discount

By Jon Peterson Los Angeles-based institutional real estate investor CityView has paid $66.8 million to acquire Berkeley’s 143-unit Arpeggio apartment complex, a cost well below the $91 million mortgage balance...

Shoreline San Mateo Apartments Sell

By Sharon Simonson A 28-unit San Mateo apartment complex with bayfront access has sold for not quite its $6.3 million asking price, or $225,000 a unit. The capitalization rate, or yield,...

Little House in the Valley

Home builders rush into Bay Area as for-sale inventory plunges | By Sharon Simonson | Paltry for-sale inventory and strong buyer demand are driving home prices up across the Bay Area, including...

Pension Funds Buy Bay Area Multifamily, Again

By Jon Peterson Pension funds can’t seem to get enough of Bay Area apartments. The state of Wisconsin and the Los Angeles County employees’ pension fund, both of which have invested...

BRE Buys Pleasanton Apartment Site

By Jon Peterson San Francisco-based BRE Properties Inc., a real estate investment trust with interests in nearly 25,000 California and Seattle, Wash., apartments, has paid $11.1 million for 8.4 acres...