Yardi® Matrix
Strada Files Formal Plans for 269-Unit Housing Project Replacing Palo Alto Lab Building
Strada Investment Group has submitted its formal application to replace a half-empty Palo Alto lab building with 244 apartments and 25 for-sale townhomes....
Apollo Takes Two-Thirds Stake in $2B, 7,059-Unit UDR Apartment Portfolio Through $1.34B Joint Venture
UDR is moving 19 apartment communities into a $2 billion joint venture in which Apollo-managed funds will invest $1.34 billion for a roughly...
Sierra College Opens $107MM, 358-Bed Sierra Hall Student Housing in Rocklin
About $218 million in state lease revenue bond authority remains for future community college student housing, and Sierra College's new 123,000-square-foot hall opened...
San Jose Taps Episcopal Community Services to Convert $22.9MM Arena Hotel Shelter Into Permanent Housing
San Jose is moving to hand the Arena Hotel, the 90-room interim shelter it bought with state Homekey and Measure E money in...
San José Lines Up $6.25MM Waiver to Jumpstart Hanover’s 372-Unit Seely Tower
The City Council will weigh tax and fee relief on June 23 for the next phase of a 1,430-unit North San José master...
John Hancock Backs Seagate’s $45MM Bet on a 130,000-SQFT Marin Retail Center
A three-decade owner refinances its grocery-anchored San Rafael property as institutional money pours back into necessity retail. A San Rafael shopping center that...
E. Barbano Enterprises Files Plans to Redevelop Restaurant Site Into Seven-Story Housing Project in Campbell
The Saratoga-based developer's evolving proposal for 980 East Campbell Avenue would replace a beloved pandemic-casualty restaurant with hundreds of apartments and ground-floor retail...
Union Square Retail Vacancy Slides to 15% as San Francisco’s Downtown Comeback Gathers Momentum
Luxury tenants expand footprints and lease deals proliferate, but a 28 percent office vacancy and Grosvenor's Bay Area retreat underscore the fragility of...
Hotel Conversions Reshape America’s Rental Market as Hospitality Struggles Mount
The American hotel industry's post-pandemic malaise is creating an unexpected windfall for apartment developers. In 2024, more than 9,100 hotel rooms were transformed...
Office Buildings Get Second Life as Housing Across Northern California
Developers bet on residential conversions as remote work reshapes commercial real estate landscape Three California office properties are being transformed into housing as...
While Apartment Construction Slows Nationwide, Seattle and San Francisco Plow On
By Meghan Hall Industry professionals are well aware of the apartment boom that has helped to define the nation’s commercial real estate market...
Yardi Matrix: National Multifamily Market Shows No Signs of Waning
By Meghan Hall The national multifamily market continues to benefit from the current, robust economic cycle, with rent growth increasing by two percent...
