North Berkeley Housing Partners Update 750-Unit Residential Project at BART Station
By Kate Snyder
A new transit-oriented residential project is in the works in North Berkeley. The City of Berkeley and Bay Area Rapid Transit are working with a joint venture...
CityView New Investment Fund to Be 70% Invested in California
By Jon Peterson
CityView Real Estate Partners, with offices in San Francisco and Los Angeles, is planning to allocate as much as 70 percent of the capital for CityView Multifamily...
Sares Regis & Hunter Storm Break Ground in Sunnyvale on 590,000 SQFT, 479-Unit 3...
The Towers Comprise 590,000 Square Feet of Office with Retail and 479 Luxury Apartments
SUNNYVALE, CA – JANUARY 27, 2022 – Yesterday, STC Venture, LLC broke ground on three new...
BRIDGE Housing Awarded $8MM Grant from Philanthropist MacKenzie Scott
SAN FRANCISCO (September 20, 2023) – BRIDGE Housing, a leading nonprofit developer, owner, and manager of affordable housing, announced today it has been awarded an $8 million donation from...
Rent Increases Higher With Renewing Tenants, Morningstar Finds
By Adam Steinhauer
Managers of single-family rental properties have been steadily raising rates in recent years, and have been able to boost rents higher with renewing tenants than with new...
Vindium Real Proposes Bold New Vision for 18-Story 2276 Shattuck in Berkeley
In a move that promises to reshape the skyline of Downtown Berkeley, Vindium Real Estate has recently secured preliminary permits for a mixed-use development at 2276 Shattuck Avenue. This...
Sares Regis Sells 83-Unit Aperture in San Bruno for $60.25MM
(EDITOR’S NOTE: According to public documents, the transaction on December 20, 2019 for $60,250,000, or just over $725,903 per unit. The buyer was Virtú Investments, a West Coast-centric apartment...
Prometheus Real Estate Group Pays $188.5MM for 437-Unit San Bruno Multifamily Community
By Kate Snyder
In a $188.5 million deal, Prometheus Real Estate Group continues to expand its holdings in the Bay Area with the purchase of a multifamily apartment complex located...
Eskaton Properties Sells 391-Bed Nursing Home Portfolio in Sacramento Area for $35.6MM
CHICAGO – NOVEMBER 27, 2023 – Ziegler, a specialty investment bank, is pleased toannounce its role as exclusive financial advisor to Eskaton Properties, Inc. (Eskaton) on the sale of...
JLL: Multifamily Development Cools in Bay Area While Single Family Maintains Growth
By Jacob Bourne
Research from JLL indicates that a number of factors have converged to push multifamily asking rents downward, causing building permits for new apartment construction to taper off...