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FinanceResidential

Long-Held 42-Unit Hayes Valley Apartment Building at 150 Haight Street Hits Market for $13.75MM

After roughly 45 years with the same owners, a heavily upgraded 1927 apartment building on Haight Street is up for sale at a...

View downtown San Jose
FinanceINDUSTRY newsResidential

Oberndorf Real Estate Management, The Bascom Group Acquire 117-Unit Museum Park Apartments in San Jose for $53.1MM

Oberndorf Real Estate Management is making its first California investment in more than a decade, partnering with The Bascom Group to buy Museum...

Skyline of San Francisco with a look down Market Street
AECINDUSTRY newsResidential

Hudson Pacific Wins Approval for 162,000 SQFT Housing Conversion at 901 Market Street in San Francisco

San Francisco approves Hudson Pacific’s plan to convert 901 Market Street’s offices into 162,400 SF of housing above 76,370 SF of retail.

apartment building facade
AECINDUSTRY newsResidential

Prometheus Opens Leasing at Harken, Los Altos’ First New Apartment Project in Decades

Prometheus Real Estate Group has opened leasing at a 172-unit apartment complex on El Camino Real in Los Altos, finishing a project it...

Aerial View of San Jose, California at Sunrise
FinanceINDUSTRY newsResidential

Kennedy Wilson Buys 312-Unit One South Market Tower in Downtown San Jose for $176MM

One South Market sold at about 46.5 percent above Marcus & Millichap’s South Bay average per-unit price, while Yardi Matrix reports that only...

Aerial View of San Jose, California at Sunrise
FinanceINDUSTRY newsResidential

Brookfield, Coastal Ridge Acquire 260-Unit The Grad Student Tower in Downtown San Jose for $204.8MM

The 1,035-bed purchase comes as Bay Area apartment deliveries fall to their lowest level since 2013 and national student housing preleasing nears 90...

View of Sacramento and Capitol building
FinanceINDUSTRY newsResidential

Tredway Pays $40MM for 260-Unit Sacramento Manor, Handing Sellers a 166% Gain in Five Years

Tredway paid about $153,800 per unit for the 1962-built Meadowview senior community, about 27 percent below Sacramento's average apartment sale price. New York-based...

Apartment building
FinanceResidential

The 2nd Street LLC Acquires 39-Unit First Street Manor in San Jose for $9.1MM

A San Jose-based investor paid $9.112 million for a 78-year-old apartment building a block from the Japantown light rail stop, betting that value-add...

Silicon Valley
AECINDUSTRY newsResidential

Waterford Property Targets Up to 2,500 Homes in Santa Clara County, Starting With 75 Affordable Units in Milpitas

Waterford Property Co. aims to add up to 2,500 homes in Santa Clara County over five years, starting with 75 affordable units in...

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

San Francisco Bucks the Coastal Squeeze as New Apartments Add 35 SQFT

San Francisco stands out as one of the only major coastal markets where new apartments have grown larger over the past decade, a...

Locked self storage unit.
AECCommercial

Elk Grove Freezes New Self-Storage for Two Years, Prioritizing Land for Housing and Jobs

The Elk Grove City Council voted unanimously to halt new self-storage construction for two years, an aggressive land-use bet that recasts the low-employment...

Locked self storage unit.
CommercialFinance

Turnbull Equity Sells 10,000 SQFT Morgan Hill Self-Storage Facility for $2.68MM After 74.2% Gross IRR

Turnbull Equity's 21-month hold on a small Morgan Hill self-storage property returned a 74.2 percent gross internal rate of return, an outcome the...

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