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FinanceINDUSTRY newsResidential

Ridge Capital Investors Sells 121-Unit Ukiah Apartment Portfolio for $23.5MM

The deal works out to roughly $194,200 per unit for a pair of renovated communities in a small Mendocino County market where two...

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FinanceINDUSTRY newsResidential

AvalonBay-Equity Merger Values San Jose’s 218-Unit Avalon at Cahill Park at $102.2MM

The 218-unit Diridon Station-area property topped the per-unit pricing of every other asset in a Bay Area apartment sweep tied to the AvalonBay-Equity...

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INDUSTRY newsResidential

C.A.R.-Backed Nonprofit Sues San Francisco Over Limits on SB 79 Transit Housing

A California Association of Realtors-backed nonprofit has sued San Francisco, alleging the city illegally carved out swaths of land from a new state...

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AECFinanceINDUSTRY newsResidential

SummerHill Apartment Communities Secures $124MM From Fifth Third, CB&T and TruAmerica to Build 251-Unit San Carlos Apartment Project

SHAC has assembled a $123.5 million capital stack to break ground on its largest housing project on the Peninsula, marking TruAmerica Multifamily's debut...

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AECINDUSTRY newsResidential

Gilbane Development and CBRE Investment Management Open 480-Bed Pique Student Housing Community Near UC Berkeley

Gilbane Development has opened Pique, a purpose-built student housing community a few blocks from the University of California, Berkeley campus, adding more than...

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FinanceINDUSTRY newsResidential

Carmel Partners Buys 263-Unit Silver Apartments in San Jose for $122MM

The $465,000-per-unit price lands near the middle of a run of recent Santa Clara County apartment trades, arriving as Essex’s own leadership points...

Aerial view of San Carlos and Redwood Shores; East Bay and Mount Diablo in the background; houses visible on the hills and close to the shoreline; office buildings built close to downtown San Carlos
AECINDUSTRY newsResidential

SummerHill Advances Formal Plans for 278-Unit Apartment and Townhome Redevelopment of San Mateo’s Shuttered Hillsdale Inn

SummerHill Apartment Communities has taken its long-delayed redevelopment of San Mateo's shuttered Hillsdale Inn a step further, filing formal entitlement plans for 278...

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FeaturedINDUSTRY newsResidential

Younger Movers Are Softening California’s Exodus, U-Haul Midyear Data Shows, With the Bay Area Among Their Top Draws

U-Haul's 2026 midyear migration report finds Millennials and Generation Z steering their moving trucks into California even as older generations keep heading for...

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FeaturedINDUSTRY newsResidential

California’s Renter Majority Faces Deepening Strain as Bay Area Rents Climb 5.8%

California's renter economy has swelled past 16 million people, and a new statewide tenant snapshot shows affordability pressure intensifying just as the Bay...

Aerial view of downtown Mountain View in California
FinanceINDUSTRY newsResidential

FallenLeaf Enterprises Buys 33-Unit Alamo Park Apartments in Mountain View for $12.1MM

FallenLeaf Enterprises LLC has paid $12.1 million for a 33-unit apartment complex tucked into a Mountain View residential neighborhood, a modest-sized deal that...

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AECFinanceINDUSTRY newsResidential

Voucher Dispute Threatens to Stall 2,300 Homes and MidPen’s 80-Unit Stardust Gardens at Alameda Point

A standoff over the transfer of 25 federal rent-assistance vouchers has put the next phase of Alameda Point's redevelopment — as many as...

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News Releases

Local Syndication Group Buys 16-Unit Carlmont Hills Apartments for $5.75MM in Belmont, California

Marcus & Millichap arranged the $5.75M Sale and $3.8M financing of the property in Belmont, California BELMONT, Calif., Aug. 17, 2026 – Marcus...

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