Brookfield
Seven Equity Group Selected to Buy Shuttered 1.5MM SQFT San Francisco Centre
New York-based Seven Equity Group, a specialist in repositioning distressed retail, has been selected to buy the vacant San Francisco Centre on Market...
Swift Real Estate Defaults on $194MM Loan Tied to 572,000 SQFT 1111 Broadway Tower in Oakland
A notice of default on the 24-story Class A tower lets Brookfield’s lending affiliate choose between a workout and a takeover, in a...
Brookfield, Coastal Ridge Acquire 260-Unit The Grad Student Tower in Downtown San Jose for $204.8MM
The 1,035-bed purchase comes as Bay Area apartment deliveries fall to their lowest level since 2013 and national student housing preleasing nears 90...
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...
TMG, Grove and Lone Star Acquire 2.2MM SQFT Silicon Valley R&D Portfolio for Under $650MM
TMG and Grove step in as operating partners on a 140-acre, six-campus R&D platform even as vacancy climbs and per-square-foot pricing lags well...
Brookfield Acquires Six-Building, 134,000 SQFT Bradshaw Business Park in Sacramento for $9.78MM
Brookfield has closed on Bradshaw Business Park, a multi-tenant light industrial complex off Highway 50 in eastern Sacramento, paying roughly $9.78 million across...
DivcoWest Closes on 47.5% of San Francisco’s 101 California Tower in ~$450MM Trophy Office Deal
DivcoWest has completed its purchase of a 47.5 percent stake in 101 California Street, finalizing San Francisco's largest office transaction in more than...
CBRE Wins Exclusive Leasing Assignment for 650,000 SQFT 415 Natoma Tower in San Francisco’s SoMa
New owners The Meridian Group and Fenway Capital Advisors have tapped CBRE to lease San Francisco's newest high-rise office tower, betting that a...
Lone Star Funds Wins Bid for Washington Holdings’ Assets in Portfolio Deal, Outbidding Brookfield and Hines
Dallas-based opportunistic investor clinches the Seattle platform's entire real estate book in one of the largest captive-pension dispositions in recent memory. Lone Star...
Concord, U.S. Navy Reach Term Sheet to Convey 2,422-Acre Naval Weapons Station to Brookfield-Led Reuse Project
After two years of negotiations, the Navy is set to receive an estimated $628 million over a 30-year build-out featuring 12,272 housing units,...
Ballast Lands 80-Unit Grosvenor Atrium in Pacific Heights for $35.3MM, Doubling Down on San Francisco
The San Francisco multifamily operator paid roughly $441,250 per unit for 1690 Broadway, its latest play in a neighborhood where it has spent...
Ballast Pays $48.5MM for 110-Unit “Three Sisters” Portfolio on Van Ness Avenue in San Francisco
The San Francisco-based multifamily operator acquired three historic 1928 apartment buildings from Flynn Investments affiliates and picked up five additional properties across Hayes...
