Multifamily news in San Jose
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$100M Affordable Housing Development Set for Silicon Valley
St. Anton Communities will build 196 units of housing for low-income residents in Santa Clara, Calif.
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Urban Catalyst Closes $131M OZ Fund
The funds will go towards seven projects in San Jose, Calif., which are expected to start construction in 2021 and 2022.
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SummerHill Pays $81M for San Jose Community
The buyer will raze the existing buildings to develop 115 for-sale rowhouses at the site, using $70.4 million in construction financing.
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San Jose Multifamily Report – Fall 2020
While the metro's economy is bouncing back, Silicon Valley rents are recording a significant correction.
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Gantry Secures $45M Refi for California Senior Community
Completed in two phases, Palo Alto Commons and Avant provide assisted and independent living across 187 units.
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What San Jose Investors Are Looking for Now
Levin Johnston’s Adam Levin and Robert Johnston examine how investor sentiment and market fundamentals have changed since the onset of the pandemic.
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PGIM Real Estate Closes $460M Senior Housing Loan
The financing covers a portfolio deal of more than 1,500 units, including three properties in Seattle.
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San Jose’s Tallest Building Tops Out Construction
Nearly three years after breaking ground, Bayview Development Group’s 630-unit residential project has hit a major milestone.
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San Jose Multifamily Report – Spring 2020
San Jose's tech-anchored economy is providing relatively strong insulation for the metro's multifamily market.
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Top 5 San Jose Submarkets for Construction Activity
Although the metro had nearly 12,000 units underway, significant delays due to the novel coronavirus could be in store for many projects.
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Levin Johnston Arranges Bay Area 1031 Exchange
Adam Levin and Robert Johnston facilitated the sale of an 18-unit community in San Jose, Calif., and the acquisition of a 15-unit asset in San Carlos, Calif.
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CPP Completes Extensive San Jose Rehab Project
El Rancho Verde underwent a $50 million capital improvement program that included the addition of solar thermal systems and wireless security.
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San Jose Multifamily Report – Winter 2020
Long boosted by one of the country's strongest economies, San Jose's rent hikes have hit a ceiling, at least for now.
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Mosaic Finances California Student Housing
A $68.8 million construction loan will pay for the construction of an 885-bed student housing facility serving the University of California-Merced.
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San Jose-Area Luxury Property Commands $292M
A joint venture of Carmel Partners and Merlone Geier Partners sold the 330-unit community in Mountain View, Calif.