Jonathan Rose Cos. Acquires Mission Gardens Apartments in Santa Cruz, CA for $34.05MM
The affordable housing developer will preserve affordability of the Project-Based Section 8 Community in perpetuity.
(EDITOR’S NOTE: According to sources with direct knowledge of the transaction details, the property sold...
Strada Pitches $200MM Residential Development in San Francisco’s SoMa Neighborhood
By Meghan Hall
Concerns of density and rent fluctuations aren’t stopping developers from pursuing new projects in the downtown core of San Francisco. At the end of October, real estate...
Kennedy Wilson Property Services Expands Bay Area Presence With Alhouse Deaton Acquisition
National property services and commercial brokerage firm doubles number of Northern California offices, adds 1.6 million square feet to services portfolio
LOS ANGELES, Calif. (Jan. 13, 2022) – Kennedy Wilson Property Services today...
Ken Rosen on Brexit: Much Ado About Nothing
By Jacob Bourne
The United Kingdom is to begin an extended process to leave the European Union membership of nations following a June 23 decision by nearly 52-percent of about...
Graceada Partners, Osso Capital Sell 196-Unit Apartment Community in Modesto for $42.7MM
Costa Mesa, CA (January 4, 2024) – The Mogharebi Group (TMG) has arranged the $42.7 million (approximately $217,857 per unit) sale of the Edge at Lakewood Apartments, a 196-unit...
Report: Sharp Decline in CRE Investment Globally Signals Challenging Times Ahead
Global commercial real estate investment faced a significant setback in Q1 2023, with a staggering 55 percent year-over-year drop, amounting to a mere $147 billion. The Americas, Europe, and...
Lennar Looks to Revive Tower Project in Downtown Oakland
By Neil Gonzales
Miami-based builder Lennar Corp. aims to revive a long-stalled residential tower project in downtown Oakland just as high-rise proposals have gained interest in this East Bay city...
Invesco Goes Big in Oakland, Buys Eight Multifamily Complexes for $80MM
By Meghan Hall
Invesco Advisers, an affiliate of Dallas, Texas-based Invesco, has scooped up eight Oakland multifamily properties in a show of confidence in the submarket. Together, the new portfolio...
California Forever Gets Entangled in Philanthropic Controversy in Order to Advance its Project
In what has become a controversial saga, California Forever, an investment group led by former Goldman Sachs trader Jan Sramek, faces increasing scrutiny and backlash in its ambitious bid...
Luxury Apartment Community in Sacramento Trades for $92.3MM
SACRAMENTO – CBRE announced the $92.3 million sale of Alira Luxury Apartments, a 293-unit apartment community in the Natomas submarket of Sacramento, Calif. Stockton, Calif.-based multifamily development firm AG Spanos Companies sold the property...
