Yardi Matrix
UC Berkeley Breaks Ground on $443MM, 23-Story Student Housing Tower to Address Critical Bed Shortage
The 276-foot Bancroft-Fulton Student Housing project will become one of Berkeley’s tallest buildings and deliver 1,625 new beds for undergraduates by summer 2028....
Legacy Partners Acquires 46-Unit Hermitage Arms in San Jose for $10.2MM
The sale is the first transaction to close from a two-property, 107-unit Silicon Valley multifamily portfolio that was listed in early 2026 at...
Frangadakis Family Partnership Acquires 16-Unit Park Plaza Apartments for $4.36MM in San Jose
Levin Johnston of Marcus & Millichap arranges 1031 exchange transaction as investor demand for stabilized multifamily assets in Silicon Valley’s supply-constrained market continues...
61-Unit Multifamily Asset in San Francisco’s SOMA Brought to Market
The century-old warehouse conversion carries a non-rent controlled designation and a current net operating income of nearly $950,000 annually A 61-unit mixed-use multifamily...
Interstate Equities Corporation Acquires 140-Unit Multifamily Portfolio in Davis for $42.8MM, Marking Firm’s Entry Into Student Housing
The two-complex deal at $306,000 per unit represents only the third sale of a 100-plus-unit multifamily asset in Davis since 2020 Interstate Equities...
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...
230-Unit Fully Entitled Development Site Near Concord BART Station Hits the Market
Transit-oriented multifamily project in an Opportunity Zone and Qualified Census Tract seeks buyers as Bay Area apartment construction reaches decade lows A fully...
San Francisco Affordable Housing Construction Surges 111% in Five Years
City delivers 7,132 income-restricted units as affordable apartments reach 34 percent of all new development San Francisco completed 7,132 affordable apartments between 2020...
San Francisco Self-Storage Project Secures $45MM as Market Sees First New Facility in Two Decades
Developers break ground on mixed-use storage complex amid tight supply and strong demand in Bay Area market San Francisco-based DECA Companies has secured...
Netflix HQ Building in Los Gatos Refinances with $55MM Deutsche Bank Loan
The office property reflects modest lending recovery in battered commercial real estate sector A four-story office building leased by Netflix Inc. at its...
Bay Area Leads West Coast Adaptive Reuse Boom as National Conversions Hit Record 25,000 Units
Alameda’s Storehouse Lofts ranks among nation’s top industrial conversions as regional pipeline swells to 3,000 apartments The Bay Area is emerging as a...
Silicon Valley Investor Bets $11.15MM on 30-Unit Rancho Vista Apartments in San Jose as Multifamily Market Rebounds
Private investor acquires 30-unit property in deal reflecting renewed confidence in Bay Area rental housing A Monte Sereno-based private investor has wagered more...
