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August 22, 2019
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BAY AREA NEWS
Archive
1  | 2  |  3  | 4  | 5  | 6  | 7  | 8  | 9  | 10  ...  100
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• Sridhar Equities Pays $360k/Unit for San Jose Apartment Community
1/18/19
Sridhar Equities has purchased Lakewood Court Apartments, a 48-unit multifamily asset in San Jose, for $17.28 mil ($360k/unit). The property is located in downtown San Jose in close proximity to I-680 and I-880, making it pro...
more » 

• San Mateo Res Project on Track with $48.6 Mil in Construction Money
1/18/19
Stockbridge Capital Group and Wilson Meany have secured $48.64 mil in financing for the development of The Morgan at Bay Meadows, an 82-unit, Class A multi-family project in San Mateo. The floating-rate construction loan was ...
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• Urban Housing Communities Completes Affordable Housing Project in Santa Rosa
1/11/19
Urban Housing Communities (UHC) has completed work on Crossings on Aston, a 27-unit affordable housing development located at 706 Aston Ave in Santa Rosa. The project offers affordable workforce housing to families in Califor...
more » 

• San Francisco Office Market Had a Strong Year in 2018
1/08/19
This report was provided by real estate services firm Kidder Mathews San Francisco’s office market finished 2018 very strong, with tech giants leading the way once again, according to 2018 year-end research from real estate ...
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• Bay Area Multifamily Property Trades in $91 Mil Deal
1/08/19
Sora Apartments, a 250-unit multifamily asset in Union City, sold for $91.5 mil ($366k/unit). The property was sold by Fairfield Greenhaven LLC. Built in 1983, Sora is situated on nearly 10 acres at 31770 Alvarado Blvd. The ...
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• Mountain View Apartment Property Trades for $550k/Unit
1/07/19
A 16-unit multifamily community in the upscale Bay Area city of Mountain View was purchased by a private investor for $8.8 mil ($550k/unit). This was the first time on the market in more than 25 years for the property, situat...
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• San Francisco Office Tower Set to Trade in $225 Mil Transaction
12/27/18
A 293k sf Office high-rise in San Francisco’s North Financial District is about to change hands in a deal that industry sources suggest will close at over $225 mil ($768/sf). The building is at 111 Sutter St, a block north of...
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• CIM Group Gets Square Deal for Renovated Office Building in Downtown Oakland
12/26/18
Square has leased all of the roughly 322k sf of office space in the iconic Uptown Station building in Oakland, expanding Square’s Bay Area presence. Square anticipates it will begin taking occupancy of Uptown Station, at 1955...
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• Embarcadero Capital Partners Acquires San Francisco Building for Conversion to Creative Space
12/24/18
Embarcadero Capital Partners has obtained a $34.14 mil loan for the acquisition and creative conversion of 62.2k sf building at 1035 Howard St in San Francisco’s SoMa District. Currently 100% vacant, the property offers Embar...
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• Lincoln Property Company Acquires Bay Area MOB for $39 Mil
12/21/18
Lincoln Property Company paid $39.2 mil for a 104k sf ($377/sf), medical office property adjacent in Burlingame. The property is situated on 3.72 acres at 1720 El Camino Real, adjacent to Mills-Peninsula Medical Center. The...
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• Alchemy Resorts Buys 3,100-Acre Property in Napa County
12/21/18
Alchemy Resorts has acquired Aetna Springs Resort, a 3,100-acre resort property in Napa County’s Pope Valley. The property, situated just 16 miles from downtown St. Helena and 35 miles from the city of Napa, includes approval...
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• San Francisco Creative Office Building Sells for Over $1,000/sf
12/20/18
Toy Real Estate Investment Company has acquired a 26.8k sf creative office building in San Francisco for $29 mil as part of a 1031 exchange trade. We’re told that the sale, which came in at $1,080/sf, set a new high-water ma...
more » 

• Century | Urban Spends $12 Mil on East Bay Office Building
12/19/18
Century | Urban, a real estate investment and advisory firm, acquired 2890 N. Main Street, a 42.7k sf office building located in Walnut Creek, for $12.3 mil ($288/sf). The three-story building is 94% leased with US Bank as it...
more » 

• East Bay Multifamily Community Goes for $44 Mil
12/18/18
The Mark, a 150-unit apartment property in the East Bay city of Hayward, has sold for $44 mil ($293k/unit). The buyer was New Standard Equities. The garden-style complex is located at 24650 Amador St, east of I-880 and north...
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• Continental Partners Arranges $6.5 Mil for the Purchase of a Mixed-Use Building in San Leandro
12/18/18
Continental Partners arranged $6.5 mil in financing for the purchase of a 34.1k sf, mixed-use building in the San Francisco Bay Area. The property, which was originally constructed in 1972, is located at 1290-1298 East 14th S...
more » 

• Student Housing Project in Downtown Berkeley Gets $26 Mil in Development Money
12/17/18
The Austin Group has obtained $26.25 mil in development money for The Den, a 160-bed student housing development located in the heart of Downtown Berkeley, at Telegraph Ave and Channing Way. The site, requiring demolition of...
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• Bay Area Multifamily Portfolio Trades in $41 Mil Deal
12/11/18
A four-property, 201-unit multi-housing portfolio in the Sonoma County city of Rohnert Park was acquired by a private investor for $41.05 mil ($204k/unit). The properties were sold by a Colorado-based private investment entit...
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• San Francisco’s California Pacific Medical Center Campus to be Redeveloped into a Single-Family and Multifamily Residential Campus
12/11/18
TMG Parters and Grosvenor Americas have teamed up to redevelop the California Pacific Medical Center (CPMC) Presidio Heights campus in San Franciso. The redevelopment will transform the CPMC campus from a large-scale hospital...
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• Pleasanton Multifamily Property Acquired for $24 Mil by Private Investor
12/06/18
Vista Del Sol, a 73-unit multifamily asset in downtown Pleasanton, was acquired by a local, private investor for $24.25 mil, or $332k/unit. The property sits on 3.37 acres at 2451-2529 Santa Rita Rd. The community is locat...
more » 

• Two High-End San Francisco Retail Properties Land $125 Mil in Refi Money
12/06/18
Newmark Knight Frank has arranged a $125 mil, fixed-rate loan on behalf of a high net worth family investment entity to refi two high-end retail properties in San Francisco. The assets, located at 111 Maiden Lane and 201 Post...
more » 



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