Multifamily news in Development - San Jose
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$100M Affordable Housing Development Set for Silicon Valley
St. Anton Communities will build 196 units of housing for low-income residents in Santa Clara, Calif.
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Urban Catalyst Closes $131M OZ Fund
The funds will go towards seven projects in San Jose, Calif., which are expected to start construction in 2021 and 2022.
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SummerHill Pays $81M for San Jose Community
The buyer will raze the existing buildings to develop 115 for-sale rowhouses at the site, using $70.4 million in construction financing.
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San Jose’s Tallest Building Tops Out Construction
Nearly three years after breaking ground, Bayview Development Group’s 630-unit residential project has hit a major milestone.
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Top 5 San Jose Submarkets for Construction Activity
Although the metro had nearly 12,000 units underway, significant delays due to the novel coronavirus could be in store for many projects.
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CPP Completes Extensive San Jose Rehab Project
El Rancho Verde underwent a $50 million capital improvement program that included the addition of solar thermal systems and wireless security.
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Downtown San Jose Project Scores $67M Financing
Acquity Realty Inc. has received the joint venture equity and construction financing for The Firestone, a 130-unit apartment community with retail space in the downtown SoFA District.
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5 LEED-ing Multifamily Projects in CA
Los Angeles, San Francisco and San Diego hold the top spots for LEED-certified multifamily properties in California through the past 12 months.
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Google to Invest $1B in Bay Area Housing
The company is the latest tech giant to pledge big bucks toward the housing crisis. The firm wants to build 20,000 units, a quarter of which would be affordable.
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Gadsden Growth Acquires Bay-Area Asset for $240M
Mission Hills Square in Fremont, Calif., has 158 residential units and 53,900 square feet of retail space. The mixed-use development is expected to be completed in October.
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California Expands Affordable Housing Finance Incentives
The new program aims to incentivize affordable housing development for residents with a mix of incomes.
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Standard Communities Upgrades San Jose Senior Housing Community
The affordable housing division of Standard Cos. renovated Villa de Guadalupe Apartments, preserving the property’s affordability. The three-story asset serves low-income seniors.
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Tech CU Funds Luxury San Jose Development
Cypress Group received $20.5 million in financing for the construction of the apartment building located in the Willow Glen neighborhood.
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The Story of MIRO: San Jose’s Tallest Development
Bayview Development Group's Ted McMahon unveiled the story behind San Jose’s tallest residential project and explained how it will impact the city's multifamily market. Mike DiNapoli of Suffolk Construction revealed why MIRO is part of the "build smart" trend.
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JEMCOR Breaks Ground on $60M CA Property
The 171-unit Ageno Apartments is part of the larger Vineyard Crossing, a 34.5-acre master-planned community comprising 465 single-family homes, townhomes and apartments.