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Swenson Selected to Develop 300-Home, 12-Acre Scotts Valley Town Center on Former Skypark Airport Site

After more than two decades of stalled attempts, Scotts Valley has picked San Jose-based Swenson to turn the vacant former Skypark Airport into...

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AECINDUSTRY newsResidential

SWENSON Breaks Ground on $102MM, 233-Unit Calypso Affordable Housing Project in Downtown Santa Cruz

SWENSON has started construction on Calypso, a six-story, 233-unit studio building at 130 Center Street in downtown Santa Cruz, ending a five-year stall...

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FinanceINDUSTRY newsResidential

Jonathan Rose Companies Pays $85MM for 150-Unit La Posada Senior Apartments in Santa Cruz

Jonathan Rose Companies’ second Santa Cruz purchase puts a 150-unit senior property into its $660 million preservation fund, which extended a federal rent...

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FinanceHospitalityINDUSTRY news

Ashford’s 178-Key Hilton Santa Cruz/Scotts Valley Escalates to Court-Appointed Receivership Sale, Seven Years After $50MM Buy

Ten months after the only full-service Hilton in Santa Cruz County was quietly put on the market following a mortgage default, the sale...

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AECFinanceINDUSTRY newsResidential

Cabrillo, UC Santa Cruz and Greystar Advance $181MM, 624-Bed Costa Vista Student Housing in Aptos

A first-in-California partnership between a community college and a University of California campus, the Costa Vista development in Aptos cleared a late-summer financing...

Houses
FeaturedFinanceINDUSTRY newsResidential

Silicon Valley Multifamily Rebounds as Rent Growth Outruns Rising Costs and Sales Top $2 Billion

A resurgent apartment market across Silicon Valley's core submarkets is delivering the strongest rent growth in years, reviving transaction velocity and drawing institutional...

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AECFinanceINDUSTRY newsResidential

Safehold Closes $45MM Ground Lease for Pacific Companies’ 256-Unit Affordable Project in Soquel

Safehold deployed its land-ownership model into one of the nation's costliest rental markets, closing a $45 million ground lease that helps capitalize a...

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FinanceHospitalityINDUSTRY newsNews Releases

$115MM Loan Secured to Refinance 155-Room La Bahia Hotel & Spa in Santa Cruz

La Bahia Hotel & Spa, the 155-room luxury resort that opened in September 2025 as Santa Cruz's first beachfront hotel of its kind...

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FinanceHospitalityINDUSTRY news

Hilton Scotts Valley Sees 27% Value Cut as $21.7MM CMBS Loan Defaults at Maturity

The 178-room hotel in the Santa Cruz Mountains has struggled to cover debt service for much of the past decade, and its loan...

Rendering of apartment building designed to house educators
AECCommercialINDUSTRY newsNews Releases

Bogard Construction Breaks Ground on 100-Unit Educator Housing Project for Santa Cruz City Schools

SANTA CRUZ, Calif., March 20, 2026 — Bogard Construction, a family-owned building contractor serving Santa Cruz and the Greater Bay Area, in partnership...

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FeaturedFinanceIndustry Contributors & EditorialINDUSTRY newsResidential

Bounded by Sea, Strangled by Trusts

Every acre we preserve is an acre we can't build on—and the housing math is catching up By Billy the Broker (I just...

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AECFinanceIndustrialINDUSTRY news

Buchanan Street Partners Breaks Ground on 99,500 SQFT Self-Storage Facility in Scotts Valley

The Newport Beach investment firm acquired the 2.6-acre site for $5.25 million and plans to deliver a 760-unit Class A facility by April...

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