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...

Behringer Harvard Buys Concord Apartments

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Jon Peterson Dallas-based Behringer Harvard has paid $47.65 million in an all-cash deal to acquire The Renaissance apartment complex in Concord along with a neighboring land parcel. The buyer acquired the...

AIMCO Buys Empty Marin County Apartments

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Jon Peterson Denver-based Apartment Investment and Management Co. has acquired a 126-unit complex in tiny, tony Corte Madera in Marin County. The nationwide apartment REIT plans a total investment of approximately...

AREA Buys First Bay Area Apartments

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Jon Peterson New York City-based AREA Property Partners, the former Apollo Real Estate Advisors, has paid $59.6 million in cash for a 422-unit apartment portfolio in San Francisco. It is...

Union Pension Money Funds San Francisco Housing

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Jon Peterson The Washington, D.C.-based AFL-CIO Housing Investment Trust is betting long on San Francisco: With the completion of a $70 million loan to Emerald Fund Inc., the union pension-fund...

Burlingame Seeks Housing, Retail Construction

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Sharon Simonson The city of Burlingame is seeking developer interest in the remake of 20 city-owned parking lots as part of a larger mission to exploit the value of city...

Acacia Beats Two Dozen Bidders for San Ramon Apartments

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By Sharon Simonson A San Ramon apartment complex located near Bishop Ranch, the massive East Bay business park that is home to the Chevron Corp., has sold to a San Mateo-based...

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