JPMorgan Chase
Sierra Grows to 351,000 SQFT at China Basin’s 185 Berry St., Landing San Francisco’s Largest Office Deal of Q3
Bret Taylor's customer-service AI company Sierra completed a 351,135-square-foot renewal and expansion at 185 Berry St., according to CBRE, the largest San Francisco...
B3 Investors in Talks to Buy Former Bloomingdale’s Space at San Francisco Centre
An investor is quietly negotiating to buy roughly a third of downtown San Francisco's largest dead mall, even as the broader, fully vacant...
San Benito High School District Plans 500-Unit Affordable Housing and Retail District on Former Campus Site in Hollister
The San Benito High School District is charting a new future for a long-held parcel at Best Road and Highway 25 in Hollister,...
Fifth Space Lands $200MM From JPMorgan Chase for 342 Units in San Francisco as Middle-Income Fund Debuts
The bank's second infusion into the 29-acre Dogpatch megaproject pairs a construction loan for a 342-unit building with equity in an untested fund,...
Oakland’s 1 Kaiser Plaza Appraisal Craters 75% to $53.5MM as Kaiser Permanente Retreats
A fresh appraisal has slashed the value of CIM Group's 1 Kaiser Plaza in downtown Oakland to $53.5 million, roughly a quarter of...
Trust Exposure on San Francisco Centre Hits $351MM as Presidio Bay, Prado Group Abandon 1.5MM-SQFT Redevelopment Weeks Before Loan Maturity
Loan-level data from Morningstar Credit shows bondholders on the shuttered San Francisco Centre carrying $351.3 million of total exposure against a property with...
Presidio Bay Ventures and Prado Group Walk Away From San Francisco Centre Mall Redevelopment Deal, Returning Shuttered 1.5MM-SQFT Landmark to Market
Presidio Bay Ventures and Prado Group have abandoned their winning bid to redevelop San Francisco Centre, citing a failed ground lease renegotiation with...
JP Morgan Pulls Plug on $1.4B Core-Plus Real Estate Fund Just as Bay Area Office Finds a Bottom
The 24-year-old US Real Estate Income and Growth vehicle posts -9.7 percent three-year returns, forcing a three-year unwind even as San Francisco's AI-led...
Macerich Doubles Down on West Coast Trophy Malls While Shedding Underperformers
The Santa Monica REIT's Q1 2026 results reveal a portfolio strategy splitting Pacific Coast assets into two clear camps: properties worth fighting for...
Blackstone Mortgage Trust Covers Dividend Third Straight Quarter as Platform Pivots Toward Data Centers and Net Lease
The $19.7 billion CRE lender posted a GAAP net loss but distributable earnings cleared the dividend hurdle, signaling that a portfolio reset built...
Rithm Pivots Paramount Portfolio Into Elecor With $250MM Amenity Blitz Across New York and San Francisco
Michael Nierenberg's $63 billion alternatives firm rebrands its 16-building, 13.8 million-square-foot office platform and doubles down on hospitality-style upgrades to capture flight-to-quality demand....
BMO Launches 145-Branch Expansion Across California and Arizona in Sweeping Westward Push
Canada's third-largest bank by market value plans to grow its California footprint by more than 50 percent over five years, redeploying capital from...
