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...
International Home Sales, The National Association of Realtors®

Canadian Pension Fund Buys Interests in Bay Area Apartments

By Jon Peterson The Toronto-based Canada Pension Plan Investment Board has acquired a 45 percent interest in three San Francisco Bay Area apartment complexes now under construction or soon to...
Apartment construction in San Francisco

Room For One More?

Bay Area apartment construction continues strong, but no one sees overbuilding yet THIS ARTICLE WAS PUBLISHED IN THE ‘Q’ - THE REGISTRY’S PRINT PUBLICATION - IN JULY 2012 By Janis Mara Soaring rents, a...

Simeon Nabs San Francisco, San Jose Sites for Apartments

By Sharon Simonson San Francisco-based Simeon Residential Properties is the latest entrant into the Bay Area’s booming multifamily market with two projects set for development in the next 12 months,...
Graycor Construction Company, San Francisco, Bay Area, Pipeline Project Activity, San Jose,

Lennar Buys South Bay Hitachi Site, Plans 840 Homes

By Sharon Simonson Miami-based for-sale homebuilder Lennar Corp. has acquired a 40.5-acre site in South San Jose where it hopes to build 840 single-family homes in six communities including one...

Los Altos Approves Apartments, Townhomes at Evolving Corner

By Sharon Simonson Sares Regis Group of Northern California LLC and Lennar Homes of California Inc. have secured permission from the city of Los Altos to build 205 townhomes and...