San Francisco
Condo Prices in Three Major Cities Saw Notable Increases
One West Coast city hit record pricing in August 2015.
3 Strategies for Effective Common Spaces in Affordable (and Market Rate) Multifamily
If residents form bonds with each other, this strengthens their ties to the apartment community.
Kingsley Associates’ Data Reveals Renter Trends Reach New Levels
Kingsley Associates’ latest analysis unveiled numbers on renter renewal intent and value for amount paid.
Sunset Development Sees the Sun Shining Over the Tri-Valley
Alex Mehran, Jr. of Sunset Development talks to CPE about Bishop Ranch, one of Northern California’s top office parks.
DEAL OF THE DAY: Dogpatch Development Lands $35.1M Loan
Raintree Partners looks to take advantage of the rapidly gentrifying San Francisco neighborhood.
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.
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.
TODAY’S DEALS: Wood Partners Completes Another California Sale
Wood Partners completes a Bay Area sale; NorthMarq arranges a refinancing in Rochester, N.Y.; and GFI Realty arranges a $4.6 million sale of a Harlem walk-up building.
TODAY’S DEALS: Colliers Brokers Sale that Sets New Record in Marin County—$570 Per Sq. Ft.
Colliers International closes the sale of the 38-unit Casa Roja Apartments in Mill Valley, Calif.; and HFF arranges $57 million in takeout financing for a property in downtown Denver.
Federal Realty Snaps Up Major Silicon Valley Retail Property
Controlling interest in the San Antonio Shopping Center in Mountain View, CA was recently acquired by a real estate investment company in a deal worth a total of $62.2 million. The buyer is Federal Realty Investment Trust, a Rockvile, MD owner, operator and developer of high-end retail properties. The transaction was completed by using a combination of 58,000 downREIT units, $18 million of cash and the assumption of $18.7 million of fixed rate debt secured by the property.