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AECFinanceINDUSTRY newsResidential

Roseville Approves $580,000 Sale of Former Courthouse Site to Eden Housing for Senior Apartments

Roseville has handed a second developer a chance to build affordable senior housing on a downtown lot that has sat empty for more...

Fremont, California
AECFinanceINDUSTRY newsResidential

Community Development Partners Starts Construction on $59MM, 92-Unit Canvas Affordable Housing in Downtown Fremont

Community Development Partners has started construction on Canvas, a five-story, 92-unit affordable community at 39340 Fremont Boulevard that pairs a 4 percent tax...

San Jose's downtown skyline as seen from the Guadalupe River Park on a sunny spring day; Silicon Valley, California
AECINDUSTRY newsResidential

San Jose Taps Episcopal Community Services to Convert $22.9MM Arena Hotel Shelter Into Permanent Housing

San Jose is moving to hand the Arena Hotel, the 90-room interim shelter it bought with state Homekey and Measure E money in...

View towards Menlo Park and Dumbarton Bridge from Edgewood Park, San Francisco bay, California
AECINDUSTRY newsResidentialRetail

Menlo Park’s Measure P Fight Tops $478,000 as Downtown Parking-Lot Housing Plan Heads to Voters

With ballots going out Oct. 5, Menlo Park’s Measure P — a citizen initiative requiring voter approval before the city redevelops any of...

greg-rosenke-yQ9slR8E5jM-unsplash-construction
AECCommercialHospitalityINDUSTRY newsResidentialRetail

Tanforan Final EIR Released for Up to 1,514 Homes and 1.7MM SQFT of Lab and Office Space in San Bruno

San Bruno released the Final EIR for Alexandria and Strada's Tanforan redevelopment, with up to 1,514 homes and 1.7 million square feet of...

Rendering of apartment building design
AECINDUSTRY newsResidential

The Pacific Companies Wins East Palo Alto Approval for 430-Unit Ravenswood Teacher Housing on Ground-Leased District Land

The Pacific Companies has cleared unanimous Planning Commission and City Council votes for a 430-unit, all-affordable modular community on the Ravenswood City School...

Financial graphic
FinanceResidential

BRIDGE Housing Wins AA Rating from S&P, Setting the High-Water Mark for Nonprofit Housing Developers

S&P Global Ratings lifted BRIDGE Housing Corp.'s issuer credit rating and the rating on its outstanding debt to AA from AA-, rewarding the...

View of Santa Cruz from the beach
FinanceINDUSTRY newsResidential

Jonathan Rose Companies Pays $85MM for 150-Unit La Posada Senior Apartments in Santa Cruz

Jonathan Rose Companies’ second Santa Cruz purchase puts a 150-unit senior property into its $660 million preservation fund, which extended a federal rent...

laekwon-oliver-A7E_h9pDmd8-unsplash-hangar parking
AECINDUSTRY newsResidential

Replacement Parking Blows $19MM–$45MM Holes in Menlo Park’s Downtown Housing Bids

A Menlo Park–commissioned financial review found that Alliant Communities, Presidio Bay Ventures and a Related California–Alta Housing team each face funding gaps of...

Rendering of apartment building design
AECINDUSTRY newsResidential

Alta Housing Breaks Ground on 108-Unit La Bella Affordable Community in Mountain View

Alta Housing broke ground Thursday on La Bella, a six-story, 108-unit affordable community at 1020 Terra Bella Avenue that reserves 27 apartments for...

daniel-neuhaus-FGFwCwGPjpI-unsplash-homes houses neighborhood
AECCommercialINDUSTRY newsResidential

Newsom Signs SB 328, Clearing Brookfield’s Path to 12,272 Homes at Former Concord Naval Weapons Station

A newly signed state law removes the former Concord Naval Weapons Station from the Surplus Land Act's disposition rules and exempts plan-consistent development...

San Jose's downtown skyline as seen from the Guadalupe River Park on a sunny spring day; Silicon Valley, California
AECINDUSTRY newsResidential

oWow Unit Pivots Stalled 25-Story San Jose Tower to 372 Affordable Apartments in $159.6MM Plan

Oakland-based oWow, through its American Housing Co. subsidiary, has revived a long-stalled high-rise site one block from San Jose State University with a...

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