Multifamily news in San Jose
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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 -
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 Jose Multifamily Report – Spring 2019
The market's strong economy and highly skilled renter cohort continue to support substantial rent growth. The average rent stood at $2,872 as of March, roughly double the national figure.
29 May 2019 11:00 -
Silicon Valley Project Scores $41M Construction Loan
Lane Partners and Bay Development plan to break ground on the 75-unit luxury development in the second quarter of 2019.
11 March 2019 13:56 -
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 -
California Expands Affordable Housing Finance Incentives
The new program aims to incentivize affordable housing development for residents with a mix of incomes.
07 February 2019 15:22 -
Multifamily San Jose Report – Winter 2019
Bolstered primarily by the tech sector, San Jose’s employment growth has been solid, hovering around the 3.0 percent mark all year long and hitting 3.3 percent last September.
31 January 2019 13:41 -
Luxury Silicon Valley Community Trades for $110M
Institutional Property Advisors brokered the sale of the 238-unit upscale asset located in San Jose on behalf of the seller, Cityview.
16 January 2019 10:32 -
Bank of America Provides $25M for Bay Area Refi
The loan retires a prior, $30 million CMBS mortgage from late 2008, which had been set to mature in January.
17 December 2018 14:31 -
Decron Properties Buys San Jose Apartments
The partially affordable property last changed hands in 2012, when Greystar purchased the 208-unit community from Invesco for nearly $60 million.
17 December 2018 14:10 -
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.
03 December 2018 20:17