97-Unit Modesto Apartment Community Sells for $17.6MM
MODESTO, Calif.--The Mogharebi Group ("TMG") has completed the sale of Trails at 2112 Apartments, a 97-unit community in Modesto. The property sold for $17,550,000 with multiple offers ($180,927 per...
Cynthia Parker Resigns from BRIDGE, Susan Johnson Appointed Interim President & CEO
SAN FRANCISCO, CA, March 23, 2021---Cynthia Parker, President and CEO of BRIDGE Housing, announced her resignation today for personal reasons. Ms. Parker has been on leave of absence since...
CIM Closes $89MM Construction Loan 186-Unit Bayview Development in Emeryville
LOS ANGELES--CIM Group, a community-focused real estate and infrastructure owner, operator, lender, and developer, announced today that it has closed an $89 million construction loan to AMCAL, a leading...
Sacramento Multifamily Asset Sells for $18.5MM
Marcus & Millichap Capital Corporation arranged $13,875,000 in acquisition financing.
NORTH HIGHLANDS, Calif.,March 22,2021 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales,...
USA Properties Kicks Off Construction of 162-Unit, $48MM Project in Gold River
Former Sacramento Regional Transit property will become high-density housing with a clubhouse, heated swimming pool, dog park and bike repair station – all about a mile from the American...
Trumark Homes Opens Model Homes at Waterfront Newark Community
With Newark home values up 8.9% from 2020, Trumark debuts Newport at Compass Bay model homes
Newark, Calif. — Trumark Homes, an award-winning California homebuilder, today announced that model homes at its...
200-Unit Affordable Home Complex Pitched for Former San Jose Retail Site
By Meghan Hall
A retail property in the suburbs of San Jose could be transformed in the coming years after shuttering last year due to the coronavirus pandemic. At the...
CalSTRS Allocates $1.3B for New Real Estate Opportunities Across West Coast Markets
By Jon Peterson
California State Teachers Retirement System (CalSTRS) has issued $1.3 billion of new capital into three joint ventures with managers that will in part be looking to invest across...
Oakland’s Brooklyn Basin Comes to Life as Next Phase of 64-Acre Project Kicks Off
By Meghan Hall
Signature Development Group has been on a two-decades long quest to transform the Oakland waterfront, transforming it form a heavily-used industrial parcel into a mixed-use waterfront district....
Menlo Park Awards $5.5MM in Funding for Affordable Housing
On Feb. 23, 2021, City Council unanimously approved a $5.5 million loan from the city’s below market rate (BMR) housing fund to HIP Housing Development Corporation to assist in...
