Union Building Trust Funds All Development Costs for San Mateo Apartments

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By Jon Peterson The Washington, D.C., -based AFL-CIO Building Investment Trust will finance 100 percent of the development costs for a 155-unit apartment complex to be located at 888 N. San...

Avant Starts 282 Apartments South of Market

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By Sharon Simonson Avant Housing breaks ground May 21 on 900 Folsom St., the second of three large San Francisco apartment complexes that the developer is building. Together they will...

Kennedy Wilson Buys in Sacramento, Nears Deal in Hayward

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By Jon Peterson Fresh on the heels of its $118 million sale of downtown San Jose’s 360 Residences condos-turned-apartments, Kennedy Wilson Inc. is diving once again into Northern California apartment...

Investors Aggregate Single-Family Home Portfolios For Rentals

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By Sharon Simonson Two Bay Area companies are trying to amass large portfolios of single-family homes as part of a national thrust by multiple players to create the next class...

Matteson Buys Marin Mixed-Use

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By Jon Peterson A 124-unit apartment complex over a Whole Foods store in Marin County acquired for less than replacement cost by The Matteson Cos. could be converted back to...

Capri Capital Buys San Jose Apartments Far Below Replacement Cost

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By Sharon Simonson San Jose’s strong job growth, the quality of the asset and the attractiveness of neighboring amenities such as the California Theatre led Chicago-based Capri Capital Partners LLC...

First Homebuilder Buys at Bay Meadows

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By Sharon Simonson San Francisco’s Wilson Meany Sullivan has sold its first residential parcel in San Mateo’s Bay Meadows to TRI Pointe Homes. The Irvine-based homebuilder plans to complete its...

CalPERS Sells Vacaville Apartments to Sequoia

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By Jon Peterson The California Public Employees’ Retirement System has sold the 312-unit River Oaks Apartments in Vacaville for $52.4 million on an all-cash basis to Sequoia Equities Inc., a real...

Republic Urban Secures First Financing for San Jose Apartments

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By Jon Peterson Washington, D.C.-based Republic Urban Properties has secured more than $8 million in financing to forward the development of its Meridian apartment complex at 1400 W. San Carlos St....

Apartment Owner Tries Concord Mobile Homes

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Sharon Simonson A Concord mobile home park with 178 spaces has sold for $9.3 million to a private apartment investor looking for yield. Joel Kelly, a principal with Oakland’s Bay Apartment...

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