Residential
Behringer Harvard Buys Concord Apartments
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...
AIMCO Buys Empty Marin County Apartments
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...
AREA Buys First Bay Area Apartments
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...
Union Pension Money Funds San Francisco Housing
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...
Burlingame Seeks Housing, Retail Construction
Sharon Simonson The city of Burlingame is seeking developer interest in the remake of 20 city-owned parking lots as part of a larger...
Acacia Beats Two Dozen Bidders for San Ramon Apartments
By Sharon Simonson A San Ramon apartment complex located near Bishop Ranch, the massive East Bay business park that is home to the Chevron...
Barker Pacific, Partners Buy A.F. Evans Affordable Apartments
Sharon Simonson A venture that includes San Francisco’s Barker Pacific Group Inc. has acquired the general partner interests in 20 multifamily properties—half in...
More Pile Into Bay Area Apartments
By Jon Peterson Chicago-based multifamily-property owner Waterton Residential plans to grow its San Francisco Bay Area footprint with the recent closing of its...
New Apartment Construction Thin
By Sharon Simonson A year ago, parents were unwilling to help pay apartment rents for adult children even if only to get them...
Alameda Point Waits and Waits
By Jessica Saunders Nearly 800 acres at the former Naval Air Station Alameda may languish another two years in wait for redevelopment....
CalPERS Changes Multi-Family Investment Policy
By Jon PetersonCalifornia Public Employees' Retirement System will be considering an investment policy change for rent-regulated multi-family housing at its April 19th investment...
SunCal Cuts Housing, Ups Commercial for Former Alameda Air Station
By Jessica Saunders SunCal Cos. has proposed building about 1,200 fewer homes at Alameda Point after a bruising electoral defeat Feb. 2 of...