Multifamily news in Luxury Housing - San Jose
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Silicon Valley Community Scores $58M Refi
JLL arranged the 10-year financing for the 172-unit luxury property in San Jose on behalf of Pacifica Enterprises.
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Stockbridge Pays $104M for Bay Area Property
The luxury residential property is located within walking distance to a future BART train station.
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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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California’s Apartment Industry Eyes Wildfire Recovery Plan
As wildfire season approaches, state legislators are considering a comprehensive package, including a fund that would help keep utilities financially stable after major fires.
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Silicon Valley Project Scores $41M Construction Loan
Lane Partners and Bay Development plan to break ground on the 75-unit luxury development in the second quarter of 2019.
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Luxury Silicon Valley Community Trades for $110M
Institutional Property Advisors brokered the sale of the 238-unit upscale asset located in San Jose on behalf of the seller, Cityview.
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San Jose Luxury Community Trades for $104M
Republic Urban Properties sold the 2015-built, 218-unit asset located within a mile of downtown. HFF represented the seller and procured the buyer.
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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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South Bay Luxury Community Sells for $107M
TH Real Estate has acquired a newly constructed 186-unit asset located in Santa Clara, Calif. Designed by KTGY Architecture + Planning, the property came online in the spring of 2017.
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Tallest San Jose Development Breaks Ground
Bayview Development Group's Miro, a 28-story luxury community, will feature more than 600 residential units. The project is expected to be completed by 2020.
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Raintree Lands $218M Refi for CA Community
Capital One arranged the refinancing for Encasa Apartments, a 465-unit community in Sunnyvale, Calif. The property will receive 10-year, Fannie Mae fixed-rate loans that have 10 years of interest-only payments.
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San Jose Luxury Development Lands $201M
HFF worked on behalf of Greystar to secure the construction loan through Otéra Capital. The Reserve is expected to be completed in 2020.
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San Jose Mixed-Use Tower Changes Hands
HFF worked on behalf of the seller, Capri Capital Partners, to market 360 Residences, a high-rise with 213 units and ground-floor retail space.