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TODAY’S DEALS: Tishman Taps FirstService for LUMINA Management Gig

TODAY’S DEALS: Tishman Taps FirstService for LUMINA Management Gig

San Francisco's new iconic condo gets a manager, and a borrower opts for prepay penalty in order to obtain Oak Grove Capital's loan. …

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Moratorium Plan Galvanizes Debate Over Affordable Housing

Moratorium Plan Galvanizes Debate Over Affordable Housing

The Mission is facing a very testing moment as the San Francisco Board of Supervisors is set to discuss the recently proposed Mission District Housing Moratorium during the upcoming month. Although analysts are predicting that the measure will not pass, the proposition will most likely return as a November ballot…

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San Francisco City Hall Sets LEED Record

San Francisco City Hall Sets LEED Record

The building is now the oldest property in the entire country to have been granted LEED Platinum Certification for Existing Buildings Operations and Maintenance.…

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TMG, Alexandria JV on Brannan Street Office Development

TMG, Alexandria JV on Brannan Street Office Development

With the area’s office market continuing to be viewed as one of the strongest in the country, developers are clamoring to secure as many opportunities as possible. A case in point being this week’s announcement that TMG Partners and Alexandria Real Estate Equities have formed a joint venture for the…

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University of the Pacific Wraps SoMa Redevelopment

University of the Pacific Wraps SoMa Redevelopment

The completion of a South of Market district redevelopment project was recently announced by the University of the Pacific. The institution is now set to relocate its operations closer to downtown San Francisco. The project cost the developer around $151 million, the program being subsidized through a fundraising campaign, as…

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East Span’s Design Wins Fresh Acclaim

East Span’s Design Wins Fresh Acclaim

The San Francisco – Oakland Bay Bridge East Span was recently given the 2015 Grand Conceptor Award at this year’s Engineering Excellence Awards. The award was announced during the Engineering Excellence Awards Dinner and Gala held in Washington, D.C., an event sponsored by the American Council of Engineering Companies. Attended…

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Lucas Moves Forward on $150M Affordable Housing Project

Lucas Moves Forward on $150M Affordable Housing Project

George Lucas is set to heavily invest in the development of the San Francisco Bay Area’s largest affordable housing project. The endeavor is projected to cost upwards of $150 million, with the creator of the Star Wars franchise set to pay for the project in its entirety. This will allow…

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Pipeline Grows in Jack London Square

Pipeline Grows in Jack London Square

Developer Austin Group has submitted plans to develop a new apartment community on the site of an R&B club. As Jack London Square becomes a development hotbed for the city of Oakland, the company is proposing the construction of a smaller scale community, right across the street from the Ellington…

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Facebook Taps Gehry for Menlo Park Project

Facebook Taps Gehry for Menlo Park Project

Facebook is further expanding its presence in Menlo Park, with the social network revealing plans to develop a large plot of land it acquired back in 2014. The tech giant relocated to the Silicon Valley city back in 2011 and has since undertaken an extensive campaign of making its mark…

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Rubicon Point Wraps Sale of 2 Assets in Silicon Valley

Rubicon Point Wraps Sale of 2 Assets in Silicon Valley

As Silicon Valley continues to entice investors, Rubicon Point Partners recently announced that is has completed sale agreements for two office properties in the area. The assets were acquired by separate entities that remained unnamed, with the two transactions totaling more than $40 million. According to Rubicon Point Partners Managing…

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TODAY’S DEALS: ASB Acquires Class A Seattle Apartments for $90M

TODAY’S DEALS: ASB Acquires Class A Seattle Apartments for $90M

ASB Real Estate Investments announced the acquisition of buildings in the burgeoning Capitol Hill neighborhood; a newly built California asset trades for $84 million; and ARA Newmark closes two suburban Atlanta sales. …

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Bascom Group, Carlyle Realty JV Buys MF Asset in Emeryville

Bascom Group, Carlyle Realty JV Buys MF Asset in Emeryville

Bridgecourt Apartments in Emeryville was recently acquired by a joint venture of The Bascom Group and funds managed by Carlyle Realty Partners. The buyer paid a total of $45.1 million for the asset in a deal arranged by Stephen Jackson and Mark J. Feldman of Colliers International. CBRE Capital Markets…

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