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Report: Over 13,000 Market Rate Units Traded in Northern California in the Last Year Totaling $4.4B

By Vladimir Bosanac Since the start of the COVID-19 pandemic, most of the early attention in multifamily housing was focused on eviction moratoria...

INDUSTRY newsNews ReleasesResidential

Pacific Urban Residential Announces Merger With Affiliate Hanover Real Estate Investors

PALO ALTO, CA – Multifamily owner-operator and investment manager Pacific Urban Residential  (”Pacific”) and multifamily private equity investor Hanover Real Estate Investors (“Hanover”) ...

AECFinanceINDUSTRY newsResidential

SummerHill Homes Closes on Sunnyvale Apartment Complex for $58MM

By Meghan Hall A Sunnyvale apartment complex slated for redevelopment has been purchased by SummerHill Homes, one of the region’s largest for-sale home...

CommercialFinanceINDUSTRY newsResidential

CalPERS Allocates $1.75B of New Capital to Bay Area-Based Real Estate Managers

By Jon Peterson Looking to expand its allocation of investment funds across a number of real estate asset classes, California Public Employees Retirement...

The-Registry
People on the Move

Rory Gardner Named President of Pacific Urban Residential

PALO ALTO, Calif., July 13, 2020 – 20 year multifamily veteran, Rory Gardner, has been named President of Pacific Urban Residential (‘PUR’), effective...

AECFinanceINDUSTRY newsResidential

Pacific Urban Residential Buys Burlingame Apartment Complex for $108MM

By Jon Peterson Palo Alto-based Pacific Urban Residential has acquired the 138-unit Skyline Terrace Apartments in Burlingame for $108 million, or around $782,608...

FinanceINDUSTRY newsResidential

Pacific Urban Residential Acquires San Jose Apartment Complex for $194MM

By Meghan Hall The Bay Area apartment market continues to thrive, with deals that closed at the end of 2019 now coming to...

CommercialFinanceINDUSTRY news

Two Bay Area Managers Receive $1.15B in New Commitments from CalPERS

By Jon Peterson Two real estate managers based in the San Francisco Bay Area have received new commitments from the California Public Employees...

FinanceINDUSTRY newsResidential

Essex Property Trust Pays $164MM to Acquire 300-Unit Walnut Creek Apartment Complex

By Jon Peterson San Mateo-based Essex Properties Trust has paid $164.9 million, or just under $550,000 per unit, to acquire the 300-unit Brio...

Palo Alto, Pacific Urban Residential, Pacific Multifamily Investors, WTI, San Jose, Greystone, Trammell Crow, Google, GZI North First, New York Life Real Estate Investors, Bay Area, San Mateo, Kidder Mathews, Airbnb
FinanceINDUSTRY newsResidential

251 Brandon at Riverview Apartments in San Jose Sells for $132.5MM

By Meghan Hall Investor interest in office space in north San Jose has been pronounced as some of the region’s largest life sciences...

CommercialFinanceINDUSTRY newsResidential

Two Bay Area Firms Receive $650MM Commitment from CalPERS

By Jon Peterson Palo Alto-based Pacific Urban Residential and San Francisco-based GI Partners will be expanding their partnership with one of the world’s...

San Francisco, National Park Service, California, Pacific West Region
People on the Move

Pacific Urban Residential Announces the Appointment of Rory Gardner to Chief Operating Officer

PALO ALTO, CA – Pacific Urban Residential CEO and Co-Founder Al Pace announced today partner and Managing Director Rory Gardner is named as...

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