San Francisco Housing Market Surprises

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By Sharon Simonson Even as technology companies drive commercial real estate leasing in San Francisco, unprecedented demand from tech workers is compelling the for-sale condominium market. Forty percent of the new-condo...

Essex Buys More San Francisco Apartments

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By Jon Peterson Essex Property Trust Inc. has paid $96 million, or $653,000 a unit, to acquire the Bennett Lofts complex in the South of Market Street district in San...

Bay Area For-Sale Inventory of Homes Plummets At Three Times National Rate

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By Sharon Simonson Bay Area housing markets have seen the largest declines in for-sale inventory of any in the country in the last year, according to Movoto.com, a Bay Area-based...
Prologis, Tracy, International Park of Commerce, San Francisco, San Joaquin County, Oakland, Colliers International, industrial, warehouse

Southern California Investor Buys Tracy Apartments

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By Jon Peterson San Diego-based MG Properties Group has paid $25.25 million to purchase the 156-unit Waterstone Apartments in Tracy, earning a 5.8 percent capitalization rate, or first-year yield. The seller...

Martin Building Co. Plans $60MM Apartment Project in Downtown San Francisco

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By Jon Peterson Martin Building Co. owner Patrick McNerney says he is in no way spooked by the fat pipeline of new apartments slated for delivery in San Francisco over...

Equity Residential Plans Historic Rehab in Downtown Berkeley Community

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By Jon Peterson As if the nearly 5,000-unit Bay Area apartment portfolio it is acquiring in the Archstone sale weren’t enough for Equity Residential, the Chicago landlord continues its steady...

Brokerage: 2013 Pivotal Year for Bay Area Apartments

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By Sharon Simonson Bay Area apartments may remain the darling of the investment world, but conditions are changing rapidly on the ground. Even as the pace of rent increases has...
San Francisco, housing, Bay Area news, San Francisco real estate news, Perkins Coie, Trumark Urban, Polaris Pacific, planning commission

Sutter Street Corner Slated for Housing To Remain Retail

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By Sharon Simonson A Chicago-based private equity real estate investment firm plans to eschew zoning that would allow it to build up to 44 condominiums on a prominent corner at...

Campbell Sees First Apartments Built In a Decade

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By Jon Peterson The South Bay community of Campbell, a lesser light in the pantheon of famous Silicon Valley places, is drawing investor interest thanks to its thriving historic downtown...
Bay Area Council, San Francisco, Bay Area, East Bay

Trumark Bets Big on the San Francisco Condo Market

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By Sharon Simonson A newly created condominium development company with strong ties to the Bay Area plans to build more than 550 for-sale condominiums in San Francisco neighborhoods from Cow...

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