San Mateo
Longfellow Acquires Two Buildings in San Mateo for $155MM
By Vladimir Bosanac After just a couple of months on the market, a San Mateo property has found a willing buyer at nearly...
Levin Johnston Closes Over $121.5MM in Bay Area Multifamily Transactions
Q1 deals include the sale of a 170-unit apartment community in Pacifica, California BAY AREA, Calif., (March 30, 2021) – Levin Johnston of Marcus &...
Menlo Park Awards $5.5MM in Funding for Affordable Housing
On Feb. 23, 2021, City Council unanimously approved a $5.5 million loan from the city’s below market rate (BMR) housing fund to HIP...
Nazareth Pays $7.35MM For Development Site in San Mateo
San Mateo, Calif., February 11, 2021 – Nazareth Enterprises, Inc., a privately-held, diversified investment firm founded by Mounir Kardosh, President and CEO of Nazareth based in...
Rubicon Offers up for Sale Two Buildings in San Mateo, Pricing Could Reach $160MM
By Jon Peterson San Francisco-based Rubicon Point Partners has placed on the market for sale two office buildings that are part of the...
Nazareth Enterprises Buys EcoThrift Mall in Sacramento for $5.38MM
San Mateo, Calif., February 8, 2021 – Nazareth Enterprises, Inc., a privately-held, diversified investment firm founded by Mounir Kardosh, President and CEO of Nazareth based in San...
Two Big Multifamily Sales Totaling $186MM+ Part of “Significant” Q4 Closings
PALO ALTO, Calif.– Institutional Property Advisors (IPA), a division of Marcus & Millichap announced today that in the fourth quarter of 2020, its Palo Alto, California-based multifamily...
$59MM Loan Secured for Ilara Apartments in Milpitas
SAN FRANCISCO (January 21, 2021) – NorthMarq Managing Director Dennis Williams and Vice President Tom Wight have closed a $59 million non-recourse loan to refinance Ilara Apartments, a mid-rise...
Eagle Hospitality Trust Hotels, Owner of Several NorCal Properties, Declares Bankruptcy
By Michael Cole (Republished with explicit permission from Mingtiandi. The original post can be found HERE.) Eagle Hospitality Trust took another step towards...
South San Francisco Site Sells for $76.65MM
CBRE announced that it has completed the $76.65 million sale of Shaw Business Center, a 8.2-acre covered land play in a strategic South...
Report: Nearly 45% of Jobs Can Be Done from Home in the Bay Area, Highlighting Regional Implications
Bay Area Groups Study Remote Work Eligible Occupations, Outline Challenges and Benefits of Environmental, Economic and Equity Impacts SAN FRANCISCO—The Bay Area has...
EPA Announces $85MM Loan to San Mateo, California to Improve Wastewater Management
Nationally, 41 WIFIA loans are helping finance more than $16.8 billion in water infrastructure projects WASHINGTON (December 21, 2020) – Today, the U.S. Environmental...
