Multifamily
PEF Advisors Acquires 104-Unit Quail Run Affordable Housing Community in San Leandro
Preservation Equity Fund Advisors has purchased Quail Run Apartments, a 104-unit income-restricted community in San Leandro, and plans a capital campaign to modernize...
Yellowstone Seizes Parkmerced Development Sites Entitled for 1,700 Units Through $199MM Foreclosure in San Francisco
A New York distressed-debt specialist has taken control of the buildable heart of San Francisco’s largest apartment complex, using a construction loan it...
Liquidity Roars Back to Bay Area Debt Markets as Office Lending Returns, Newmark’s Daya Says
The question haunting commercial real estate borrowers two years ago has been answered, and the debt markets that froze after a wave of...
San Francisco Downtown Development Corp. Taps Housing-Finance Veteran to Lead Office-to-Housing Conversion Push
The San Francisco Downtown Development Corp. has recruited longtime Enterprise Community Partners director Geeta Rao as its first vice president of real estate,...
San Francisco Leads Nation in Rent Growth as Institutional Capital Floods Multifamily, Colliers’ Dolby Says
San Francisco’s apartment market has moved from bottom to boom in two years, with citywide rents rising 15 percent and institutional buyers now...
Brookfield Moves to Add 600 Homes at Stalled Pier 70 Megaproject to Break Feasibility Logjam
Brookfield Properties is asking San Francisco to let it pack roughly 600 additional homes and two extra stories onto its 28-acre Pier 70...
San Francisco Ordinance Would Scrap Prop M Office Cap Review, Housing Balance Reports in 362 Pages of Code Cleanup
A sweeping code-cleanup ordinance now before the San Francisco Board of Supervisors would delete ten sections of the Planning Code outright, repeal the...
San Francisco Cuts Inclusionary Housing Rate to 5%, Exempts Projects Under 24 Units
The San Francisco Board of Supervisors voted 9-2 on Tuesday to cut the city’s inclusionary housing requirement from 15 percent to 5 percent...
San Francisco’s Office-to-Housing Pipeline Clears 300 Units as AI Rebound Squeezes Conversion Candidates
After a decade with almost nothing to show, San Francisco is set to receive applications for three office-to-residential conversions totaling more than 300...
SM Flores Files Plans for 80-Unit, Seven-Story Apartment Project at 2555 Flores Street in San Mateo
A locally based developer is moving to convert an aging San Mateo office parcel into 80 apartments, betting on a Peninsula rental market...
Dwight Mortgage Trust Lands Record $183MM Construction Loan for 530-Unit Park 315 Multifamily Project in Gilroy
Dwight Mortgage Trust closed the largest construction loan in its history to bankroll a 530-unit multifamily community on 27 acres of empty land...
Mutual Housing California Opens 113-Unit San Juan Apartments on Stockton Boulevard, a $69.7MM Bet on Sacramento’s Toughest Corridor
Mutual Housing California cut the ribbon this week on the first phase of San Juan Apartments in south Sacramento, converting a 5.5-acre site...
