Multifamily news in San Francisco
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Calvera Partners Expands Value-Add Portfolio
The company has acquired a vintage property in Alameda, Calif. The acquisition is part of its strategic investment plan to reposition old buildings.
24 May 2019 15:26 -
Affordable KTGY-Designed Property Opens in the Bay Area
Pauline Weaver Senior Apartments includes 90 units. Eden Housing is the developer of the age-restricted community in the Warm Springs area of Fremont, Calif.
21 May 2019 15:08 -
San Mateo Community Sells for $26M
Marcus & Millichap’s Levin Johnston arranged the sale of the 38-unit property located within two miles of downtown.
17 May 2019 17:17 -
Gemdale, Blake|Griggs Break Ground on Berkeley Community
The joint venture has started the construction of Blake Street Apartments, an 84-unit transit-oriented development located near the city’s downtown.
15 May 2019 13:59 -
$320M San Francisco Project Gets Capital Infusion
Stockbridge Capital Group is reportedly investing $130 million of equity into 1629 Market St., a fully entitled, 420-unit development that will offer a mix of affordable and market-rate.
19 April 2019 13:51 -
Palo Alto Housing Breaks Ground on $42M Project
As the Bay Area residential crisis rolls on, the developer will bring 67 much-needed affordable housing units to Redwood City.
15 April 2019 12:16 -
San Francisco Multifamily Portfolio Receives $600M Loan
Natixis served as the lead arranger and administrative agent on the transaction secured for a partnership of two pension funds and a local operator.
12 April 2019 13:12 -
Walker & Dunlop Arranges $16M Loan for Affordable CA Asset
Bridge Housing is building a 68-unit property in San Mateo, dubbed Bay Meadows Apartments, that is scheduled for completion in June 2020.
02 April 2019 13:36 -
Reliant Group Pays $116M for Bay Area Portfolio
The deal includes more than 600 workforce housing units spread across seven properties. The new owner plans to convert four of the assets into affordable housing communities.
15 March 2019 13:53 -
83-Unit Affordable Housing Project Opens in San Francisco
After a decade in the making, 1036 Mission Street welcomed its first residents. Tenderloin Neighborhood Development Corp. is the building’s owner, developer, service provider and property manager.
14 March 2019 12:31 -
Oakland Affordable Housing Development Lands $32M Loan
Parkview Financial provided the construction financing for a 102-unit adaptive-reuse, live/work rental property.
28 February 2019 14:33 -
The Answer to the Bay Area’s Affordable Housing Crisis
Enterprise Community Partners’ Rich Gross and Kaiser Permanente’s Bechara Choucair talk about their joint projects. The two companies launched a $100 million loan fund to create and preserve multifamily rentals.
21 February 2019 14:56 -
Inside the Bay Area’s Dynamic Investment Market
There has been some cooling of price and income expectations, but buyers are still enthusiastically grabbing up San Francisco and Silicon Valley multifamily. Levin Johnston's Robert Johnson and Adam Levin shed light on this trend and others.
13 February 2019 15:18 -
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.
13 February 2019 14:07 -
2 Bay Area Properties Trade for $20M
The assets add up to 58 units and are both located close to several large tech employers. Levin Johnston brokered the transactions.
12 February 2019 11:43