Multifamily news in San Jose

Silicon Valley Community Sells for $17M
A Northern California-based development company sold the property to a private investor. The 32-unit community is situated in Palo Alto, Calif.
Market Rate
Wildfires’ Impact on California Housing
With two destructive and deadly fires still burning in the state, the local real estate industry faces major changes.
News
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.
Luxury

  • Standard Communities Upgrades San Jose Senior Housing Community

    The affordable housing division of Standard Cos. renovated Villa de Guadalupe Apartments, preserving the property’s affordability. The three-story asset serves low-income seniors.

    01 October 2018 06:47

  • 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.

    18 September 2018 08:49

  • San Jose Prices Out Many Residents

    The metro’s lack of housing affordability continues to hinder population growth, as Silicon Valley’s multifamily market commands some of the highest rents in the nation, while the area’s median home price is approaching the $1 million mark.

    27 August 2018 12:38

  • 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