RealFacts
Waterton Associates Sells The Parc at Prunyard for $75MM
By Jon Peterson Chicago-based Waterton Associates has sold the 252-unit The Parc at Pruneyard apartment complex in Campbell for $75 million (just over...
AvalonBay Starts New Apartment Development in Dublin
By Jon Peterson Arlington, Va.-based AvalonBay Communities has started construction on the development of its 252-unit Avalon Dublin Station II in Dublin located...
Essex and BRE Merger Could Entrench West Coast Residential Market Further
By Nancy Amdur When Essex Property Trust and BRE Properties Inc. completed their merger last month, the Bay Area-based companies formed one of...
Essex Plans Major Apartment/Retail Development in Santa Clara
By Jon Peterson Palo Alto-based Essex Property Trust is planning to build a significant new apartment/retail project in Santa Clara. “I would guess...
Essex Pays Top Dollar for Mountain View Apartments Near Google
By Jon Peterson Palo Alto-based Essex Property Trust Inc. has paid $42.5 million to acquire the Regency at Mountain View apartments at 333...
Invesco, CalPERS Look for Green in the Dublin Hills
Page 2 of 2 Cole said he expected to finalize another large Bay Area acquisition in the next several weeks for the CalPERS...
Invesco, CalPERS Look for Green in the Dublin Hills
By Jon Peterson Atlanta-based Invesco Real Estate has paid $105.4 million in cash to buy the 305-unit Avalon at Dublin Station I apartments....
Mushroooming New Supply Not Poison to Apartment Rents Yet
Page 2 of 2 Essex also owns 55 percent of the $250 million, 463-unit Mosso I and Mosso II apartment at 5th and...
Mushroooming New Supply Not Poison to Apartment Rents Yet
By Sharon Simonson Bay Area rents continue to rise despite a developer gold rush that is adding thousands of new apartments to the...
Martin Building Co. Plans $60MM Apartment Project in Downtown San Francisco
By Jon Peterson Martin Building Co. owner Patrick McNerney says he is in no way spooked by the fat pipeline of new apartments...
Mountain View Apartments Sell for Sub-5 Percent Yield
By Jon Peterson Boston-based fund manager Rockpoint Group has paid not quite $30 million all cash to buy a 127-unit Mountain View apartment...
