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Rendering of an apartment building with a blue sky background
AECFeaturedFinanceINDUSTRY newsResidential

Propositions 1 and 37 Put $36B Housing Bet Before Northern California Voters

The two measures on California's November ballot would authorize more than $36 billion in bonds to build affordable apartments and push middle-income renters...

Hotel sign on top of a building
FinanceHospitalityINDUSTRY newsResidential

Cardea Health Buys 286-Room Radisson Hotel Oakland Airport for $15.5MM

A homelessness-focused nonprofit buys the distressed Radisson Hotel Oakland Airport for $15.5MM out of receivership, picking up a conversion plan the prior owner...

3d drawing of buildings and houses
AECCommercialINDUSTRY newsResidential

El Dorado Hills Clears CEQA Hurdle in Cityhood Bid That Could Wrest Land-Use Control From the County

The El Dorado Hills Community Services District has cleared a pivotal environmental hurdle in its campaign to become a city, a step that...

Rendering of building design
AECINDUSTRY newsResidential

Strada Refiles 395 3rd Street Tower in San Francisco’s SoMa at 45 Stories, 501 Units

The developer’s third redesign in five years adds height and cuts affordable units, using state density bonus law to grow the tower well...

Skyline of San Francisco
AECFinanceINDUSTRY newsResidential

Build Inc. Hit With Default Notice on $45.4MM India Basin Loan in San Francisco

The developer behind one of San Francisco’s largest remaining waterfront housing sites has been served a notice of default, adding a new layer...

yves-cedric-schulze-o-ANXY28n_w-unsplash-construction
AECResidential

MidPen Housing Celebrates Framing of 71-Unit Cypress Point Affordable Community in Moss Beach

Nearly four decades after the site was first zoned for housing, MidPen Housing celebrated the framing of 71 affordable homes on San Mateo’s...

Aerial View of San Jose, California at Sunrise
AECResidential

Eden Housing, Santa Clara County Break Ground on 68-Unit East Santa Clara Senior in Downtown San José

Eden Housing and the County of Santa Clara have started construction on East Santa Clara Senior, a 68-unit affordable and supportive rental community...

Home construction worker on site
AECINDUSTRY newsResidential

Mandela Station Breaks Ground on 240-Unit Affordable Phase at West Oakland BART, Phasing Out Commuter Parking

The long-stalled Mandela Station development has begun vertical construction on its 240 affordable apartments, the first buildings to rise on the West Oakland...

Outline of an apartment building with a blue skyline
AECFinanceINDUSTRY newsResidential

Tamalko Homes Secures $27MM in Tax Credits, Clearing Path for 54-Unit Affordable Project in Point Reyes Station

The partnership behind Tamalko Homes has assembled its final major financing piece — a $27 million federal tax credit award — positioning one...

Aerial View of San Jose, California at Sunrise
FinanceINDUSTRY newsResidential

Bedford Affordable Housing Buys 220-Unit Avana San Jose for $85.5MM

A Los Angeles-area nonprofit has bought a second San Jose apartment complex in three months, deepening a strategy of acquiring market-rate housing and...

aerial view of Palo Alto
AECCommercialFinanceINDUSTRY newsResidential

Dividend Homes Pays $67.7MM for 3.9-Acre Palo Alto Fry’s Site Parcel

A homebuilder has paid $67.7 million for a slice of Palo Alto’s former Fry’s Electronics campus, the clearest sign yet that a site...

San Francisco skyline at dawn
AECINDUSTRY newsResidential

Crescent Heights Wins Revised Approval for 921-Unit, 820-Foot Tower at 10 South Van Ness

San Francisco’s Planning Commission trimmed Crescent Heights’ approved unit count from 1,019 to 921 at the 820-foot 10 South Van Ness tower, even...

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