Residential
Tricon Residential Acquires First 12 Townhomes in Sacramento’s Delta Shores Build-to-Rent Project
Canadian firm pays $5.34 million for initial units in planned 101-home development The build-to-rent sector is establishing a foothold in Sacramento’s Delta Shores...
Bridge Capital Partners, Friedkin Property Group Buy San Francisco’s 243-Unit Sunset Towers for $105MM
Deal signals renewed investor confidence in city’s multifamily market as transaction volume surges 35 percent year over year A buyer has closed on...
Valiance Capital Acquires 128-Bed Student Housing Portfolio for $13.5MM Near UC Berkeley
Berkeley-based firm partners with Urbanite Capital and Five Star Bank on two-property transaction totaling 41,600 square feet Valiance Capital has acquired The Berks,...
24-Unit Mixed-Use Apartment Project Moves Forward at 3500 Broadway in Sacramento
New permits outline a three-story infill development replacing a former nursery site in Oak Park Urban infill continues to reshape Sacramento’s neighborhood corridors...
San José Launches $16.9MM Office-to-Residential Conversion Program Targeting 611 Downtown Units
City expands residential incentive program with fee waivers and tax breaks to transform vacant office buildings into naturally occurring affordable housing amid 30...
Essex Property Trust Posts 4.2% Revenue Growth in Northern California, Leads Company Performance
REIT invests heavily in Silicon Valley and Peninsula markets as supply constraints tighten, Santa Clara County leads with 5.2 percent revenue growth Essex...
San Francisco Affordable Housing Construction Surges 111% in Five Years
City delivers 7,132 income-restricted units as affordable apartments reach 34 percent of all new development San Francisco completed 7,132 affordable apartments between 2020...
Federal Realty Sells 212-Unit Misora in San Jose for $148.5MM
(EDITOR’S NOTE: According to sources with knowledge of the transaction details, the property was sold for $148.5 million, or around $700,472 per unit....
N17 & Allrise Capital Clear Environment Review for 395-Unit Residential Tower at 598 Bryant in San Francisco
Developer N17 advances major residential project utilizing California State Density Bonus Law to deliver 395 apartments in 33-story tower, adding to SoMa’s housing...
Bay Area Multifamily Rents Climb 6% as Tight Occupancy Fuels Suburban Expansion
Strong income growth and construction constraints position rental market for continued appreciation as occupancy nears record levels and landlords gain pricing power across...
Tech Employment Stabilizes as AI Hiring Counters Broader Layoffs, Reshaping Bay Area Office and Housing Markets
Technology workforce holds at 224,000 jobs while physical office occupancy surges 10 percent and population growth forecast signals renewed housing demand across the...
Developer Proposes Adding Up to 2,800 Units to Treasure Island Neighborhood
Treasure Island Development Plans Major Housing Expansion Amid San Francisco’s Building Slowdown San Francisco’s Treasure Island is preparing to significantly expand its housing...
