Multifamily news in San Francisco
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San Francisco Multifamily Report – Summer 2019
The metro's rents continue to inflate amid job growth, a housing shortage and rent control measures.
22 August 2019 12:20 -
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.
26 July 2019 10:30 -
Google Invests $50M in Silicon Valley Fund
The investment is part of the company’s previously announced $1 billion commitment to help fund affordable housing in the Bay Area.
25 July 2019 15:18 -
San Francisco Condo Project Lands $77M Construction Loan
The 109-unit development at 1554 Market St. is scheduled for completion in 2021 and will have two 12-story buildings that will also feature 5,010 square feet of retail space.
17 July 2019 13:35 -
Bay Area Senior Housing Community Breaks Ground
Developed by Eden Housing, Alameda Point Senior Apartments is part of the $1 billion project at the former Navy base on San Francisco Bay in Alameda, Calif.
11 July 2019 14:47 -
Bridge Housing, John Stewart Co. Break Ground on San Francisco Affordable Housing
Through a public-private partnership, the companies began construction on two projects for low-income residents, which will be located on the sites of former parking lots.
10 July 2019 14:53 -
Bay Area Properties Sell for $25M
Marcus & Millichap’s Levin Johnston brokered the sale of Village Drive and Carlmont Park Apartments, two communities encompassing a total of 52 units in Belmont, Calif.
10 July 2019 11:06 -
$1B Bay Area Development Hits Construction Milestone
The development team, which includes two Trammell Crow companies, broke ground on the 68-acre redevelopment of a former Naval Air Station in Alameda, Calif., in March of last year.
05 July 2019 12:01 -
Oakland Community Trades in All-Cash Sale
NAI Northern California represented the seller and secured the buyer in the 1031 transaction of the 44-unit Vermont Apartments located near Interstate 580.
01 July 2019 11:36 -
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.
25 June 2019 14:05 -
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.
19 June 2019 14:11 -
San Francisco Condo Project Lands $99M Loan
Stockbridge Capital Group and Wilson Meany will use the financing to develop the 262-unit Yerba Buena Island community within Treasure Island, a multi-billion neighborhood taking shape on a 393-acre manmade island.
17 June 2019 17:57 -
San Francisco Luxury Tower Changes Ownership
Developed by Crescent Heights in 2016, Jasper is a LEED Silver certified high-rise property close to the city’s Financial District.
31 May 2019 13:46 -
Trammell Crow Residential Breaks Ground on CA Luxury Development
The $90 million Alexan Downtown Danville will feature 144 units and is the first new apartment property of scale approved for Danville, Calif., in decades.
29 May 2019 15:16 -
San Francisco Multifamily Report – Spring 2019
Rebounding rent growth boosted investor appetite in the metro, with $2.2 billion in multifamily assets trading in 2018.
27 May 2019 14:28