Tuesday, December 11, 2018

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 the San Francisco Bay Area—from the bankruptcy...

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 $500 million Waterton Residential Property Venture XI. The...

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 out of the house. This year, they...

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. Irvine-based SunCal Cos. wants to extend a three-year...

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 committee meeting. According to pension fund...

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 its proposed exemption to city density limits...

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 its proposed exemption to city density limits...

Behringer Harvard Gets New Funding Round For Apartments

By Jon Peterson Texas-based real estate investor Behringer Harvard has secured $100 million in new equity from Dutch pension funds to buy U.S. apartments, including properties in the San Francisco...

Apartments Prove Anchor in the Storm

By Sharon Simonson Investor demand for large, institutional quality apartments in the core Bay Area is outstripping supply, pushing capitalization rates below 6.5 percent from closer to 7 percent less...

Pinebrook West & Kerley Drive Sell

By Sharon Simonson Two medium-sized apartment complexes in San Jose and Fremont have sold, according to brokerage CB Richard Ellis Group Inc. Pinebrook West, a 30-unit development at 35955 Fremont Blvd....