Multifamily news in San Jose
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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.
08 August 2018 12:11 -
Greystone Provides $71M for San Jose Community
The company facilitated a Fannie Mae DUS loan for 251 Brandon St., which includes a 10-year fixed rate, eight years of interest only and a 30-year amortization period.
10 July 2018 16:29 -
Downtown San Jose Community Sells for $13M
Levin Johnston has brokered the sale of First Street Manor, a property located in downtown San Jose, within two miles of the city’s future Google Village.
07 June 2018 09:19 -
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.
10 May 2018 07:02 -
Upscale Units Drive Rent Growth in San Jose
The metro’s affordability issues are likely to continue, since multifamily developers are focusing on high-end assets, which are more profitable than working-class units.
02 May 2018 14:15 -
Palo Alto Community Changes Hands
Levin Johnston has brokered the sale of the property on behalf of the seller, an international owner and represented the buyer, a local investor.
24 April 2018 16:09 -
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.
02 April 2018 15:52 -
Affirmed Housing Breaks Ground on San Jose Community
The project will be developed for formerly homeless individuals and include a temporary housing section, which will accommodate 20 people waiting for permanent housing.
16 March 2018 21:29 -
Old Adobe Management Sells $26M CA Community
Acting on behalf of the seller, Levin Johnston brokered the record-breaking price-per-unit sale of Velocity at Lawrence Station, which commanded $465,250 per apartment.
01 February 2018 15:17 -
Silicon Valley Senior Housing Trades Hands
Previously owned by Capitol Seniors Housing, the 97-unit Fremont Hills provides 76 assisted-living units and 21 memory-care units.
12 December 2017 13:50 -
Western National Group Breaks Ground on San Jose TOD
The Platform, located near a planned BART rapid transit station, will feature 551 units and approximately 37,500 square feet of retail space.
01 December 2017 17:38 -
Jobs, Population Growth Sustain Demand in San Jose
A competitive economy is keeping the metro's unemployment rate down. With Silicon Valley continuing to expand, demand for rentals is likely to remain healthy, albeit less frothy.
01 December 2017 16:49 -
Hudson Cos. Snags $64M for San Jose Mixed-Use Project
Vespaio is a seven-story mixed‐use project with 162 units and 39,042 square feet of retail and commercial space.
29 November 2017 17:08 -
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.
16 November 2017 23:00 -
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.
15 November 2017 18:17