689-Unit Multifamily Project in San Jose Gets Green Light from Planning Commission
By Meghan Hall
A sizable multifamily project has cleared San Jose’s Planning Commission at a time when the region’s housing crunch feels stronger than ever. Last week, the Planning Commission...
240-Bed Navigation Center in San Mateo County Breaks Ground
MILPITAS, Calif., April 21, 2022 – Groundbreaking ceremonies for San Mateo County, California’s first “navigation center,” designed to provide temporary living units and intensive on-site support services for individuals...
68-Unit, 100% Affordable Housing Project Slated to Rise in Emeryville
By Meghan Hall
A completely-affordable housing project in Emeryville is striving to spearhead a different type of development: intergenerational housing. Proposed by EAH Housing, the 68-unit project had to clear...
FPA Multifamily Sells 128-Unit Asset in Visalia for $30.65MM
Costa Mesa, CA — The Mogharebi Group (TMG) representing the seller, FPA Multifamily, has arranged the $30.65 million sale of ReNew, a 128-unit development in the Central Valley community...
American Campus Communities Announces $13 Billion Transaction with Blackstone Funds
AUSTIN, Texas & NEW YORK— American Campus Communities, Inc. (NYSE: ACC) (“ACC” or the “Company”), the largest developer, owner and manager of high-quality student housing communities in the United States,...
The Core Companies Pay $18.2MM for 300-Unit Affordable Project Site in San Jose
(EDITOR’S NOTE: According to the Mercury News, The Core Companies acquired three parcels of land for $18.2 million for the development of the project. The acquisition was fully financed...
Cortland Chief Economist Brad Dilllman: Multifamily’s Greatest Challenge is Supply
By Meghan Hall
The multifamily industry has proved its resiliency over the past couple of years, weathering many of the challenges posed by the ongoing COVID-19 pandemic. However, in the...
PropTech: As Competition for Homes Skyrockets, HomeLight Uses Platform to Spearhead Contingency-Free Transactions
By Meghan Hall
The pandemic, rising interest rates and just a general supply-demand imbalance have all contributed to a hyper-competitive for-sale housing market. With buyers frequently facing bidding wars, the...
Carmel Partners Pivots, Plans 311-Unit Project in Burlingame Where Offices Were Set to Rise
By Meghan Hall
The COVID-19 pandemic has prompted developers to pause and rethink their development strategies, as the office market remains sluggish while other property types such as multifamily and...
FH One Acquires Two Mill Valley Apartment Communities for $9.4MM
By Vladimir Bosanac
In a transaction that came down to the wire, Sausalito-based FH One Investments made a decision to pitch the seller of two Mill Valley properties it wanted...
