Yardi Matrix
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...
Urban Catalyst Makes Final Push for Downtown San Jose Real Estate Fund as Tax Program Faces Overhaul
Developer’s Opportunity Zone Fund II closes at year-end, marking last chance to invest under current rules before stricter federal criteria take effect San...
Northern California Apartment Construction Crashes as Bay Area Building Stalls
San Francisco and San Jose see construction cut in half as region grapples with development challenges Northern California’s apartment construction market is in...
Urban Catalyst Secures $112.5MM Loan for 278-Unit San Jose Apartment Development
San Jose’s downtown skyline is set for another addition as Urban Catalyst secured $112.5 million in construction financing for its 278-unit Aquino apartment...
