Apartment Builders Spark El Camino Rebirth In Mountain View
| By Sharon Simonson |
Developers including Prometheus, UDR Inc., Archstone and the Urban Housing Group have filed applications with the city of Mountain View seeking to build more than 1,000...
Voracious Essex Continues To Buy
By Sharon Simonson
Palo Alto landlord Essex Property Trust Inc. has acquired Park West apartments in San Francisco and the former Waterstone Santa Clara in Santa Clara for not quite...
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...
