Carmel Partners
Millrose Properties Buys 59,000 SQFT Sunnyvale Site for $44.3MM, Clearing Way for 242-Unit Project
Florida Firm purchases former Orchard Supply Hardware property from Mardit Properties; plans include apartments, townhomes, and retail space After years of uncertainty, a...
Report: Resurgence in San Francisco Multifamily Market Signals Renewed Investor and Renter Confidence
The San Francisco multifamily housing market is exhibiting clear signs of renewed strength, with increased absorption, firming rent growth, and a declining vacancy...
Alcheck Properties Acquires 69-Unit Belmont Complex for $32 Million
Sale represents 20 percent discount from pre-pandemic price but signals growing investor confidence in Bay Area multifamily sector A Los Altos-based family investment...
Prometheus Real Estate Group Plans 225-Unit Multifamily Project in Sunnyvale
By Jack Stubbs San Mateo-based Prometheus Real Estate Group, a company that invests in multifamily properties throughout the Bay Area, Seattle and Portland,...
Carmel Partners & Affiliates Make Massive Apartment Portfolio Acquisition in Daly City Valued over $1.3B
By Vladimir Bosanac San Francisco-based Gerson Bakar & Associates continued this week with a disposition of another one of its prized assets. The...
Carmel Partners Purchases Office Building in Burlingame for $28MM, Plans 311-Unit Multifamily Project
By Kate Snyder Carmel Partners has purchased a site in Burlingame where the firm plans to construct a multifamily development. The office building...
Carmel Partners Pivots, Plans 311-Unit Project in Burlingame Where Offices Were Set to Rise
By Meghan Hall The COVID-19 pandemic has prompted developers to pause and rethink their development strategies, as the office market remains sluggish while...
Carmel Partners Bids $54.2MM to Buy San Jose Multifamily Asset Part of Bankrupt Developer’s Portfolio
By Meghan Hall The first property part of Silicon Sage’s Portfolio has found a buyer after efforts to auction off the bankrupt developer’s...
Brookfield Buys Portion of The Village at San Antonio Center in Mountain View for $630MM
By Meghan Hall Offices, retail and a movie complex within Mountain View’s The Village at San Antonio Center have been purchased in one...
