Yardi Matrix
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...
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...
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...
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...
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...
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...
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...
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...
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...
University of the Pacific Opens 386-Bed Southwest Hall in Stockton, Financed Through $120MM Bond Package
University of the Pacific has replaced a century-old Stockton dormitory with a 386-bed residence hall financed on its own balance sheet through tax-exempt...
Panoramic Interests Lists 72-Unit, 188-Bed Panoramic Northside Student Housing Property in Berkeley at 89% Preleased
Panoramic Interests has brought Panoramic Northside, a seven-story, 188-bed purpose-built student housing building it delivered a short walk from the University of California,...
Anthem Properties Lists Entitled 227-Unit S Street Development for $7.95MM in Sacramento
Citing high construction costs, flat rents and a tight lending market, the developer is offloading a fully entitled six-story infill site in the...
