Pension Funds Buy Bay Area Multifamily, Again
By Jon Peterson
Pension funds can’t seem to get enough of Bay Area apartments.
The state of Wisconsin and the Los Angeles County employees’ pension fund, both of which have invested...
BRE Buys Pleasanton Apartment Site
By Jon Peterson
San Francisco-based BRE Properties Inc., a real estate investment trust with interests in nearly 25,000 California and Seattle, Wash., apartments, has paid $11.1 million for 8.4 acres...
Canadian Pension Fund Buys Interests in Bay Area Apartments
By Jon Peterson
The Toronto-based Canada Pension Plan Investment Board has acquired a 45 percent interest in three San Francisco Bay Area apartment complexes now under construction or soon to...
Room For One More?
Bay Area apartment construction continues strong, but no one sees overbuilding yet
THIS ARTICLE WAS PUBLISHED IN THE ‘Q’ - THE REGISTRY’S PRINT PUBLICATION - IN JULY 2012
By Janis Mara
Soaring rents, a...
Simeon Nabs San Francisco, San Jose Sites for Apartments
By Sharon Simonson
San Francisco-based Simeon Residential Properties is the latest entrant into the Bay Area’s booming multifamily market with two projects set for development in the next 12 months,...
Lennar Buys South Bay Hitachi Site, Plans 840 Homes
By Sharon Simonson
Miami-based for-sale homebuilder Lennar Corp. has acquired a 40.5-acre site in South San Jose where it hopes to build 840 single-family homes in six communities including one...
Los Altos Approves Apartments, Townhomes at Evolving Corner
By Sharon Simonson
Sares Regis Group of Northern California LLC and Lennar Homes of California Inc. have secured permission from the city of Los Altos to build 205 townhomes and...
Essex Puts $250 Million into San Francisco Apartments
By Sharon Simonson
Palo Alto-based Essex Property Trust Inc. has acquired two San Francisco housing sites in the bustling South of Market district from a joint venture backed by California...
Kennedy Wilson Buys Hayward Apartments
By Jon Peterson
Kennedy Wilson Inc. has paid $86.5 million to AvalonBay Communities to acquire the 544-unit Waterford apartments at 25800 Industrial Drive in Hayward.
The purchase is a strategic move...
Union Building Trust Funds All Development Costs for San Mateo Apartments
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...
