Palo Alto
CalPERS Sells Vacaville Apartments to Sequoia
Jon Peterson The California Public Employees’ Retirement System has sold the 312-unit River Oaks Apartments in Vacaville for $52.4 million on an all-cash...
Jones Lang LaSalle to Market Solyndra Facility in Silicon Valley
PALO ALTO, Calif., February 24, 2012 – Jones Lang LaSalle has been chosen by Solyndra LLC to sell the solar panel manufacturer’s corporate...
Angelo Gordon Buys in Downtown Palo Alto
Jon Peterson New York City-based Angelo Gordon & Co. has acquired a leasehold interest in a shuttered assisted living facility in downtown Palo...
Broadreach Defaults on Mountain View Property Loan
By Sharon Simonson Union Bank has filed a notice of default regarding a more than $60 million mortgage against a prominent Mountain View...
Commercial Lenders Nibbling At the Edges
By Sharon Simonson Commercial real estate property lenders are back in the market, but their attention is selective and their demands are...
CalPERS Changes Multi-Family Investment Policy
By Jon PetersonCalifornia Public Employees' Retirement System will be considering an investment policy change for rent-regulated multi-family housing at its April 19th investment...
CalPERS, Hines Take Another Real Estate Hit
By Jon Peterson The largest public pension fund in the country and a former trailblazer for other U.S. pension funds has sold a...
UCLA Economist: State Unemployment to Remain High in 2010, 2011, But Bay Area Should Suffer Less
By Sharon Simonson California’s unemployment rate likely will stay in the double digits for the next two years with no new net employment...
Broadreach To Raise Third Fund
By Sharon Simonson Broadreach Capital Partners, the Palo Alto real estate investment company founded in 2002 by former executives of the hugely successful...
Bay Area Real Estate ‘Legend’ Bill Wilson Says Opportunity Will Come
By Sharon Simonson Hold on and raise money. Such is the advice to his fellows in the commercial real estate industry from William...
Palo Alto Developer Losing $340 Million Bet With CalPERS Money
By Sharon Simonson Palo Alto developer Page Mill Properties and CalPERS, its equity partner, may lose control of more than 1,700 apartments acquired...
Court Receiver Takes Control of Page Mill Properties
By Sharon Simonson A San Mateo County Superior Court has appointed a Pacific Palisades real estate company to act as receiver in the...
