Multifamily
San Jose Taps Episcopal Community Services to Convert $22.9MM Arena Hotel Shelter Into Permanent Housing
San Jose is moving to hand the Arena Hotel, the 90-room interim shelter it bought with state Homekey and Measure E money in...
Prometheus Opens Leasing at Harken, Los Altos’ First New Apartment Project in Decades
Prometheus Real Estate Group has opened leasing at a 172-unit apartment complex on El Camino Real in Los Altos, finishing a project it...
Kennedy Wilson Buys 312-Unit One South Market Tower in Downtown San Jose for $176MM
One South Market sold at about 46.5 percent above Marcus & Millichap’s South Bay average per-unit price, while Yardi Matrix reports that only...
Menlo Park’s Measure P Fight Tops $478,000 as Downtown Parking-Lot Housing Plan Heads to Voters
With ballots going out Oct. 5, Menlo Park’s Measure P — a citizen initiative requiring voter approval before the city redevelops any of...
Manna Capital Files Plans for 45-Story, 528-Unit Tower at 1601 Mission Street in San Francisco
Manna Capital files plans for a 45-story, 528-unit tower at 1601 Mission St. in San Francisco, replacing the Tower Car Wash with 80...
Tanforan Final EIR Released for Up to 1,514 Homes and 1.7MM SQFT of Lab and Office Space in San Bruno
San Bruno released the Final EIR for Alexandria and Strada's Tanforan redevelopment, with up to 1,514 homes and 1.7 million square feet of...
The Pacific Companies Wins East Palo Alto Approval for 430-Unit Ravenswood Teacher Housing on Ground-Leased District Land
The Pacific Companies has cleared unanimous Planning Commission and City Council votes for a 430-unit, all-affordable modular community on the Ravenswood City School...
Gratus Ventures Files Plan for 110-Unit, Seven-Story Apartment Building Near Valley Fair, Santana Row in San Jose
A Milpitas investment firm that paid $6.5 million for an aging two-story office building on Stevens Creek Boulevard in 2025 has filed early...
BRIDGE Housing Wins AA Rating from S&P, Setting the High-Water Mark for Nonprofit Housing Developers
S&P Global Ratings lifted BRIDGE Housing Corp.'s issuer credit rating and the rating on its outstanding debt to AA from AA-, rewarding the...
Jonathan Rose Companies Pays $85MM for 150-Unit La Posada Senior Apartments in Santa Cruz
Jonathan Rose Companies’ second Santa Cruz purchase puts a 150-unit senior property into its $660 million preservation fund, which extended a federal rent...
Interstate Equities Acquires 232-Unit The Dylan in Hercules for $83.5MM
Longtime West Coast apartment investor Interstate Equities Corporation has bought a 4-year-old waterfront apartment building in the Hercules Bayfront community, financing the purchase...
Replacement Parking Blows $19MM–$45MM Holes in Menlo Park’s Downtown Housing Bids
A Menlo Park–commissioned financial review found that Alliant Communities, Presidio Bay Ventures and a Related California–Alta Housing team each face funding gaps of...
