The industry's own research.
707 items
showing 361–420 of 707
The Tenderloin Neighborhood Development Corporation has resubmitted preliminary permits for its 199-unit affordable senior housing development at 1234 Great Highway in San Francisco’s Outer Sunset, but the roughly $181 million project remains stalled as the developer waits to see whether a statewide bond measure…
CASTRO VALLEY, CALIF. — Felson Cos. has sold a two-property, 135-unit portfolio in Castro Valley to Prime Residential for approximately $35.6 million. Jason Parr, Scott MacDonald and John Hansen of… The post Berkadia Arranges $35.6M Bay Area Trade appeared first on Multifamily & Affordable Housing Business .
Solid Gains In Silicon Valley San Jose multifamily regained its strength during the spring leasing season, with most fundamentals on track to outperform last year. Average advertised asking rents were up 0.8%, on a trailing three-month basis through May, to $3,414. That was 50 basis points ahead of the U.S.…
GPU giant is the property's current leaseholder
J.P. Morgan provides a market update on multifamily real estate conditions in the San Francisco region.
Hacienda, Northern California’s largest mixed-use development, continued to strengthen its market position during the second quarter of 2026, supported by improving occupancy, positive net absorption, and continued leasing activity across a broad range of tenant sizes. Building on the momentum established earlier…
After two years of scaling back its office footprint, Google is recommitting to 2.1 million square feet of offices in Sunnyvale, reversing the space-cutting strategy embraced by many Silicon Valley tech companies in the post-pandemic years. The Silicon Valley Business Journal reported that Google, the core unit of…
The Bascom Group has acquired a 183-unit apartment complex in Orange County, Calif., as the company expands its multifamily holdings this year in the Western U.S. The Irvine, Calif.-based investment firm put down $53.1 million for Castlewood Park Apartments in Buena Park. The deal is equal to about $290,200 per…
Get your popcorn ready, Los Angeles. One of Hollywood’s most beloved movie theaters is finally coming back. Sony Pictures Entertainment and its Alamo Drafthouse Cinema subsidiary announced Wednesday they struck a long-term lease to restore and reopen the Cinerama Dome on Sunset Boulevard and the adjacent 14-screen…
A reversal from Google’s 2023 sublease push, the renewal lands as Silicon Valley vacancy hits a Bay Area low and Amazon, OpenAI and General Motors move into space tech tenants once abandoned Google is putting its money back into the same Sunnyvale office campuses it was trying to shed just two years ago, renewing…
The Boulder Group, a net leased investment brokerage firm, completed the sale of a single tenant net leased Valley Animal Hospital located at 58 W 16th Street in Merced, California for $1,945,000. The 4,998-square-foot property is situated at 58 W 16th Street in Merced, California, within Merced County in…
A San Francisco Superior Court judge has placed the historic Central Tower into receivership after owner CIM Group defaulted on a $98 million loan, and lenders are now advancing toward a foreclosure that could strip the Los Angeles investor of the two-building property by the end of the year. One of San Francisco’s…
Occupancy across the Bay Area’s flagship power centers reached its strongest level since early 2022 during the second quarter, propelled by East Bay absorption and a wave of large-format retailers—led by Korean grocer H Mart—reclaiming space that vanishing open-air centers can no longer offer. The Bay Area’s…
Prologis singled out the San Francisco Bay Area as the clearest early sign of a broader shift back toward coastal industrial markets, ranking the region among its strongest performers and committing fresh development capital as demand firms. Prologis, Inc., the world’s largest owner of logistics real estate, told…
Facing a $30 million hole that has kept one of the Embarcadero’s marquee waterfront projects frozen for the better part of a decade, the Port of San Francisco has agreed to rewrite developer TZK Broadway’s ground lease and layer on public subsidies to drive the Teatro ZinZanni hotel and dinner-theater toward a…
FRESNO, CALIF. — JBT Property Management has sold Maroa Park Apartments, a 248-unit multifamily property in Fresno, to a private buyer for $44 million. Located at 475-585 W. Sierra Ave., Maroa Park features one- and two-bedroom units with an average size of 878 square feet. Otto Ozen, Brian Nakamura and Nazli…
The question haunting commercial real estate borrowers two years ago has been answered, and the debt markets that froze after a wave of bank failures have swung back to a posture Newmark’s Ramsey Daya describes as a fist fight for good deals. Speaking at The Registry’s annual San Francisco Mid-Year Broker Forum in…
LOS ANGELES — San Francisco-based Prime Residential has acquired Palm Court Apartments in the Miracle Mile neighborhood of Los Angeles for approximately $51.3 million. The seller was a private investor.… The post Prime Residential Buys Palm Court in Los Angeles for $51.3M appeared first on Multifamily & Affordable…
Rents Accelerate, Supply Winds Down San Francisco’s multifamily market entered full recovery mode in the spring leasing season, with most fundamentals improving, according to the latest San Francisco multifamily market report. Average advertised asking rents were up 0.8%, on a trailing three-month basis through…
Los Angeles Mayor Karen Bass said Tuesday that graffiti removal and blight abatement will now begin following a confirmation hearing earlier Tuesday for the sale of Oceanwide Plaza. The hearing followed Monday’s announcement by the U.S. Bankruptcy Court for the Central District of California that it would approve…
Los Angeles’ Oceanwide Plaza, a massive downtown development stuck in limbo so long it became tagged and transformed into the infamous Graffiti Towers, has been cleared for sale. The long process of selecting a new developer after the original Chinese developer went bankrupt may finally be coming to a close. KPC…
In a market where finding a development opportunity is akin to “finding a needle in a haystack,” and existing policy can “break the backs” of developers who want to build housing, it follows that a majority of the development community has “redlined” it to curtail future investment. It’s no surprise to hear that…
The Swig Company has refinanced its historic Mills Building in San Francisco’s Financial District with a $96 million loan from Invesco Real Estate, a vote of confidence in a downtown office market that is finally clawing back demand after years of contraction. The San Francisco-based operator completed the…
A metal-finishing operator has planted a direct-lease flag in one of the few East Bay industrial submarkets still posting positive momentum this year. Electro Coatings, an industrial metal-finishing and coatings firm, has committed to 17,500 square feet at 661 Garcia Ave in Pittsburg, California, in a direct lease…
The Walnut Creek office market posted its first quarter of positive net absorption in more than two years during the second quarter of 2026, pulling vacancy off its cycle peak as tenants chased higher-quality space across the North I-680 Corridor. Net absorption in the Walnut Creek office market swung to a positive…
Mountain View captured the largest affordable housing grant in its history, a $50 million state award that will bankroll a 268-unit complex on a former safe-parking lot while financing new Caltrain cars and a protected bike corridor along Middlefield Road. The California Department of Housing and Community…
SAN DIEGO COUNTY, CALIF. — Marcus & Millichap has brokered the sale of a seven-building memory care campus in San Diego County. Developed in 2002, the property contains more than 55 units licensed for over 85 residents. The community was operating with negative net operating income (NOI) at the time of sale. Nick…
CASTRO VALLEY, CALIF. — Berkadia has arranged the $35.5 million sale of The Cedars and Creekside Terrace, two neighboring, value-add multifamily properties located in the Northern California city of Castro Valley. Felson Cos., the original developer, sold the assets to San Francisco-based Prime Residential for…
Not many proptech companies have been able to scale their technology to take advantage of the data center construction boom, but one that has cracked the code in servicing the sector’s gargantuan growth is OpenSpace. The San Francisco-based visual intelligence platform has worked on more than 1,000 data center…
The life science industry has climbed out of one of the most complicated stretches in its history, and while the underlying business is healthier than it has been in years, the region’s glut of high-quality but unbuilt lab space remains stubbornly locked up. The life science sector has weathered “one of its most…
Leasing Season Thaws Area Fundamentals Sacramento multifamily fundamentals displayed a spring pickup, primarily in asking rents, but year-over-year performance remained in the red, according to the latest Yardi Matrix Sacramento multifamily market report. Average advertised asking rents rose 0.4%, on a trailing…
Non-profit developer to convert Everett's Latitutde Apartments to affordable housing Steven Sharp Wed, 06/10/2026 - 15:59 Non-profit development firm Bridge Housing has announced its second acquisition in the Seattle area - the Latitude Apartments in Everett. The San Francisco-based developer, which had financial…
Interstate Equities and PGIM acquire four properties in the Bay Area and Seattle Steven Sharp Sat, 01/24/2026 - 09:05 Mesa West Capital has announced a $201-million acquisition loan to Interstate Equities Corporation and PGIM for the purchase of four properties totaling 547 homes in Seattle, as well as the San…
408-unit apartment tower in Belltown sells to L.A. real estate firm Steven Sharp Thu, 01/08/2026 - 06:46 Los Angeles-based real estate firm JRK has acquired three properties from Equity Residential, the company announced earlier this week - including a large apartment tower in Belltown. The $400-million purchase…
The latest housing proposal in Palo Alto to take advantage of a new state law that encourages denser projects near public transit envisions six for-sale family condominiums in the Downtown North neighborhood. The project at 340 Palo Alto Ave. abuts the city’s border with Menlo Park, but is still within the…
Construction is underway on the next phase of a major housing development in Santa Clara’s growing mixed-use neighborhood near Levi’s Stadium known as the Clara District, as officials continue transforming the former industrial area. City officials, developers and residents on Thursday celebrated construction…
The sale of the $1.2B Oceanwide Plaza may finally be able to proceed after a bankruptcy judge told attorneys she intended to approve the plan to sell it off. In a critical turn, attorneys for the city of Los Angeles on Monday withdrew their objections...
Los Angeles is once again the outlier in the national office recovery. While vacancy tightened in more than half of major U.S. markets in Q2, LA’s rate climbed to 25.8%, driven by steep emptying in Downtown and Hollywood even as Century City pulls...
San Diego’s multifamily and affordable housing markets are heading into a “transition” phase, according to Chase Rongé, principal and director at MVE + Partners, a California architecture firm. But what does that look like across the city? Multifamily...
Global flexible workspace provider Mindspace has signed a new 54,000-square-foot lease at Two Transamerica Plaza, located at 505 Sansome St., San Francisco, within the Transamerica complex, marking the company’s second location in San Francisco and its largest in the U.S. The new lease nearly triples Mindspace’s…
City approval clears a low-friction path to new AI infrastructure — no rezoning, no new footprint, just a rewiring of space Nvidia already occupies San Jose has cleared the way for a Silicon Valley research building already leased by Nvidia to become a full-fledged data center, the latest sign that the AI boom is…
Alexandria Real Estate Equities, Inc. has delivered a 427,000-square-foot research & development hub for Bristol Myers Squibb (BMS) at the Campus Point by Alexandria Megacampus in San Diego. Since 1998, Alexandria has partnered with BMS across the REIT’s life science and advanced technology clusters. The initial…
Grocery delivery app Instacart is getting a bigger home in Midtown. The San Francisco-based technology company has signed a 26,134-square-foot lease at Empire State Realty Trust (ESRT)’s 111 West 33rd Street, the landlord announced Monday. The seven-year lease was signed during the second quarter of 2026, according…
Aerospace and defense tech firms are pouring into the South Bay’s industrial market, turning a historically strong leasing submarket into the engine driving Los Angeles’ tightening vacancy and improving absorption. Although aerospace and defense companies...
Amazon has committed to the full 317,000-square-foot tower at 1000 Enterprise Way in Jay Paul Co.’s Moffett Towers campus, absorbing space Google spent more than two years trying to shed and deepening the e-commerce giant’s standing as one of Silicon Valley’s largest office occupiers. Amazon.com has leased the…
San Jose city staff have signed off on a mixed-use project that pairs new housing with a permanent performance home for the city’s taiko drumming company, extending a residential builder’s now decade-long bet on one of the country’s last three historic Japantowns. City officials approved the project at 653 North…
LOS ANGELES — Wellpointe has announced plans for the development of a new affordable seniors housing campus within the Warner Center master-planned district in Los Angeles. Wellpointe estimates a total investment of $2 billion in the project, which will be developed in four phases. A property-holding affiliate of…
Los Angeles-based United Talent Agency (UTA), known for its high-profile clients, has aptly selected New York City’s most famous office building for its new East Coast headquarters. UTA leased 100,948 square feet at the Empire State Building in a move that will consolidate its various office locations across…
San Francisco’s apartment market has moved from bottom to boom in two years, with citywide rents rising 15 percent and institutional buyers now dominating a sector that mom-and-pop owners controlled as recently as 2024. San Francisco’s multifamily market has staged a recovery emphatic enough that its lead broker…
The San Francisco Downtown Development Corp. has recruited longtime Enterprise Community Partners director Geeta Rao as its first vice president of real estate, signaling a decisive shift from filling empty offices to converting them into housing. The post San Francisco Downtown Development Corp. Taps…
Softening tenant demand and mounting move-outs pushed the Walnut Creek and North I-680 industrial market to its highest vacancy of the cycle in the second quarter, even as landlords held the line on asking rents and a wave of new construction prepared to test the market’s absorption capacity. Industrial vacancy…
The San Francisco Peninsula office market extended its recovery into the second quarter of 2026 with a fourth consecutive quarter of positive net absorption, as artificial intelligence tenants drove demand, vacancy edged lower and the region’s first new speculative construction in years advanced in San Mateo. The…
LOS ANGELES — Institutional Property Advisors (IPA) has arranged the sale of The Flat, a 205-unit property in the City West neighborhood of Los Angeles. Kevin Green, Joseph Grabiec and… The post IPA Brokers Sale of The Flat in Los Angeles appeared first on Multifamily & Affordable Housing Business .
Few names are as engrained in Southern California industrial real estate — or baseball — as Dedeaux. The family business traces its roots to legendary University of Southern California baseball coach Rod Dedeaux, who led the Trojans to 11 national championships and coached U.S. Olympic teams after founding trucking…
NEARLY 40% of office space in the Bay Area remained vacant in the first quarter, reflecting continued weakness in one of Metro Manila’s largest office districts following the exit of Philippine Offshore Gaming Operators (POGOs), according to Savills Philippines. Office vacancy in the district rose to 39.3% in the…
Rental demand proves steadfast, but the metro faces heightened exposure to broader economic headwinds.
Cautious optimism surrounds the local retail market after an encouraging close to last year.
San Diego multifamily vacancy fell about 100 basis points last year into the low-3% range despite adding 13,000 units over three years, with roughly 1,700 units underway near Balboa Park.
San Francisco multifamily posted a triple-digit basis-point drop in vacancy in 2025, with Class A rents up nearly 10% and SoMa exceeding 10% year-over-year rent growth.
Improving Class B/C demand is offset by headwinds as vacancy continues to rise.