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CommercialFinanceINDUSTRY news

Zurich Alternative Asset Management Buys 78,000 SQFT 410 Townsend for $47.4MM in San Francisco

Zurich Alternative Asset Management pays $47.4 million for 410 Townsend, more than double its 2024 sale price.

Top view financial district downtown San Francisco from Telegraph Hill
CommercialFinanceINDUSTRY news

Pendulum Property Partners Acquires 747 Front St. for $49MM via Foreclosure in San Francisco’s Jackson Square

Pendulum's $49 million buy comes in at roughly $600 per square foot, well below the $834 the building fetched in 2019. Orange County-based...

Silicon Valley with the Apple spaceship campus in the foreground
CommercialFeaturedINDUSTRY news

Silicon Valley Office Market Shows Continued Momentum as Vacancy Drops for Fifth Consecutive Quarter

Tech and AI sectors drive 2.9 million square feet of annual absorption as Class A properties dominate leasing activity and asking rates hold...

Palo Alto Stanford
CommercialFinanceINDUSTRY news

New York Life Insurance, Bridgeton Holdings Partnership Acquires 47,800 SQFT Office Building in Palo Alto for $32MM

By The Registry Staff An office building in Palo Alto has a new owner. An entity affiliated with New York Life Insurance has...

CommercialFinanceINDUSTRY news

Bridgeton Holdings’ 91,000 SQFT Tower in San Francisco Scheduled for Foreclosure Auction

By Kate Snyder San Francisco is seeing another office building in the city’s downtown face the prospect of a foreclosure auction. According to...

FinanceINDUSTRY newsResidential

Mosser, Swig Company Miss Payments on $68MM Loan Connected to Five Apartment Buildings in San Francisco

By The Registry Staff Companies continue to face financial difficulties in the Bay Area. Two prominent real estate players in San Francisco have...

CommercialFinanceINDUSTRY news

Notice of Default Issued for $18.75MM Loan on Toy Real Estate’s 27,000 SQFT Office Building in San Francisco

By Kate Snyder Office properties in San Francisco continue to experience financial distress. A notice of default was served for an $18.75 million...

CommercialFinanceINDUSTRY news

105,000 SQFT San Jose Building Falls into Default on $29MM Mortgage Loan

By The Registry Staff The economic reverberations of the pandemic continue to unfold, with a notable example now surfacing in the heart of...

CommercialFinanceINDUSTRY news

Gaw Capital’s $82MM Purchase of 294,000 SQFT North Park Property in San Francisco Closes

By Vladimir Bosanac North Park (formerly called Embarcadero Square), a 294,000-square-foot office property in the heart of San Francisco, has a new owner....

CommercialFinanceINDUSTRY news

BraunHagey & Borden LLP Leases 22,000 SQFT in San Francisco’s Jackson Square Neighborhood

By Kate Snyder San Francisco is seeing more leasing activity. A law firm based in the city has reached a deal to lease...

CommercialFinanceINDUSTRY news

$63.5MM Loan on Embarcadero Capital Partners’ 181,000 SQFT Office Campus in Sunnyvale Fallen into Default

By Kate Snyder Another Bay Area asset has fallen into default. An office complex in Sunnyvale called Horizon Sunnyvale that is owned by...

CommercialFinanceINDUSTRY news

$50MM Loan in Default on 42,000 SQFT Union Square Property in San Francisco

By The Registry Staff The mortgage for one of San Francisco’s mixed-use properties has fallen into default and gone into special servicing, according...

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