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Aerial view of Main Street Cupertino residential and commercial neighborhood in San Francisco Bay Area, California
AECFinanceINDUSTRY newsResidential

SummerHill Homes Pays $24.4MM for Cupertino Retail Strip on Stevens Creek Boulevard, Plans 59 For-Sale Townhomes

The San Ramon-based builder's acquisition of a long-vacant Staples and two empty restaurant buildings from Byer Properties LP adds another retail-to-residential conversion to...

Historic Downtown Los Gatos, California, USA
AECFeaturedINDUSTRY newsLeasingRetail

Mentone, Manresa Bread Land Inaugural Leases at 68,000 SQFT Junction Project in Los Gatos

Michelin-recognized chef David Kinch and James Beard finalist Avery Ruzicka anchor the Spur Building with 7,170 square feet, validating Harmonie Park’s bet on...

Oakland skyline
CommercialFeaturedINDUSTRY newsLeasingResidential

East Bay Developers Bet on Housing Surge as Office Towers Fall and Oakland Rents Poised to Climb 20%

At East Bay EDA’s annual economic outlook, the heads of Sunset Development and ArtHaus Partners detailed a market pivoting hard from offices to...

Historic Downtown Los Gatos, California, USA
AECFeaturedFinanceINDUSTRY newsResidential

Grosvenor Lists Fully Entitled 450-Unit North 40 Phase II in Los Gatos as Duke of Westminster’s Firm Exits U.S. Development

CBRE is marketing the 15.67-acre Silicon Valley land bank just three months after town approval, offering buyers a rare shovel-ready residential play on...

Rendering of townhome development design in Cupertino
AECINDUSTRY newsResidential

Dividend Homes Wins Approval for 32-Unit Townhome Development in Cupertino

The Morgan Hill-based boutique builder adds to a growing wave of townhome projects transforming the Silicon Valley city’s main commercial corridor Cupertino’s Stevens...

Historic Downtown Los Gatos, California, USA
AECFeaturedFinanceINDUSTRY newsResidentialRetail

Grosvenor Tests Exit from $1B+ Los Gatos North 40 as Duke of Westminster’s Firm Retreats from U.S.

The London developer is exploring a sale of its entitled Silicon Valley mixed-use project, a move that fits a broader unwinding of Bay...

Rendring of SummerHill Homes Cupertino townhomes
AECINDUSTRY newsResidential

Cupertino Greenlights SummerHill Homes’ 51-Unit Townhome Community on Linda Vista Drive Amid Fire Safety Scrutiny

The approved development on a 2.53-acre site replaces four single-family homes with three-story condominiums and 10 below-market-rate units, advancing the city’s effort to...

Palo Alto Stanford
AECFinanceINDUSTRY newsResidential

Summerhill Homes Acquires Two Palo Alto Properties for $18MM, Plans 29-Unit Townhome Community

The San Ramon-based homebuilder purchased the sites from Cesano Inc., a family-owned entity that operated the Country Inn Motel and a retail building...

Rendering of an apartment building with a blue sky background
AECFeaturedFinanceINDUSTRY newsResidential

Silicon Valley Condo Market Cools With Median Prices Down 3.4% to $930,000

Sales volume drops to $400 million as inventory climbs from record lows, while mid-rise and high-rise buildings see double-digit price declines Silicon Valley’s...

Aerial view of Main Street Cupertino residential and commercial neighborhood in San Francisco Bay Area, California
AECINDUSTRY newsResidential

Cupertino Backs Dividend Homes’ Office-to-Townhome Shift as State Housing Laws Reshape Development

Planning commission approves 89 homes on 4.4 acres along Stevens Creek Boulevard, properties bought for $14.9 million For cities across Silicon Valley, the...

Aerial view of Main Street Cupertino residential and commercial neighborhood in San Francisco Bay Area, California
AECINDUSTRY newsResidential

Dividend Homes Seeks Approval for 35-Unit Townhome Development in Cupertino

Project targets 1.67-acre commercial site at 1655 S. De Anza Boulevard with density bonus incentives Silicon Valley’s residential transformation is reaching deeper into...

Rendering of an apartment building with a blue sky background
AECFeaturedFinanceINDUSTRY newsResidential

Silicon Valley Condo Prices Drop 4.1% as Median Hits $945,000

Sales volume declines to $384 million while new construction activity remains below historical averages Silicon Valley’s condominium market is experiencing a period of...

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