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AECFinanceResidential

Western Alliance Bank Lends $24MM to Build 166-Bed Student Housing Near UC Berkeley

A $23.975 million construction loan from Western Alliance Bank, arranged by Northmarq, clears the way for owners Srihari and Jyothi Vegesna to replace...

Apartment building facade
FinanceINDUSTRY newsResidential

Prometheus Lands $105MM New York Life Refinance for 272-Unit Madrone Apartments in Mountain View

Prometheus Real Estate Group secured a five-year, interest-only $105 million loan from New York Life for its 272-unit Madrone Apartments in Mountain View,...

Construction silhouette
FeaturedINDUSTRY newsResidential

Central Valley Multifamily Holds Steady as Construction Pipeline Swells 44%, Led by Bakersfield

The Central Valley's apartment market absorbed all of its renter demand within existing inventory during the second quarter as vacancy tightened and rents...

apartment building facade
FinanceINDUSTRY newsResidentialRetail

Keech Properties Buys 87-Unit Sunsweet Apartments for $45MM in Morgan Hill

Keech Properties buys the 87-unit Sunsweet apartments in downtown Morgan Hill for $45MM, above its $37.6MM development cost.

Apartment building facade
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...

Fairfield, California
CommercialFinanceIndustrialINDUSTRY news

Redco Lists 189,000 SQFT Clorox-Leased Distribution Hub in Fairfield as Investors Hunt Credit Tenants

A two-year-old sale-leaseback is coming back to market, and the asset on the block is one of the more strategically embedded industrial properties...

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FeaturedFinanceINDUSTRY newsRetail

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...

San Francisco Downtown Skyline Aerial View at Sunset, California, CA
CommercialFinanceINDUSTRY news

Axonic Capital Provides $50MM Refinancing to Clint Reilly Cos. for 245,000 SQFT Merchants Exchange Building in San Francisco

New York-based debt fund backs historic Financial District office asset as AI-driven leasing recovery bolsters lender confidence in gateway markets Axonic Capital has...

Aerial view of Main Street Cupertino residential and commercial neighborhood in San Francisco Bay Area, California
CommercialFinanceINDUSTRY newsNews Releases

Prometheus Real Estate Group Secures $145MM Refinance of 360,000 SQFT The Towers at Cupertino City Center

CUPERTINO, Calif. (March 16, 2026) — Northmarq’s San Francisco Debt + Equity team led by Nathan Prouty, Andrew Slaton and John Holt has...

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CommercialFinanceINDUSTRY news

Failed Private School Campus Pivots to 225,500 SQFT Medical Complex in San Jose

HealthMed Realty is marketing three vacant buildings at 525 Race Street and 550 Meridian Avenue as a healthcare destination after Avenues: The World...

josh-hild-RvTp824JZhU-unsplash-San Francisco (1)
CommercialFinanceINDUSTRY news

SKS Partners Lists 133,000 SQFT Samsara HQ at 1 De Haro for Sale in San Francisco’s Showplace Square

California's first multi-story cross-laminated timber building hits the market amid a surge of institutional and corporate investment in the Showplace Square submarket, setting...

Spartan Village on the Paseo
FinanceINDUSTRY newsResidential

San José State Completes $165MM Purchase of 700-Bed Spartan Village on the Paseo in San José

University acquires downtown student housing complex after hotel conversion in novel public-private partnership San José State University has completed its $165 million purchase...

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