Berkeley
Eviction Moratoria Still on the Books in Major California Cities
A handful of California cities still enforce laws protecting tenants from eviction or rent increases, extending pandemic-era policies that most… Read more
Regal Closing Seven More Theaters in California
Four months after parent company Cineworld filed for Chapter 11 bankruptcy, Regal Cinemas is closing 39 more movie theaters across… Read more
Berkeley Student Housing Development Secures $10.5M Funding
Commercial real estate lender ACRES Capital Corp. has originated a $10.5 million loan to fund the acquisition and pre-development of… Read more
Berkeley Unveils City’s Largest Affordable Housing Development
BRIDGE Housing and Berkeley Food & Housing Project (BHFP) have announced the opening of Berkeley Way Apartments and the Hope… Read more
New $241M Berkeley Life Science Campus in the Works
Real estate developer SteelWave is planning to build a $241 million life science campus on 5th Street in Berkeley, CA.… Read more
Research Leasing Remains Robust in the East Bay
Wareham Development has announced that leasing activity shows no signs of slowing at its research campuses in Emeryville, CA and… Read more
JLL Closes 6.5K-Unit Self-Storage Portfolio Sale
JLL Capital Markets has closed the sale of an 11-property self-storage portfolio totaling 6,550 units in three markets, including 7… Read more
Net Zero Multifamily Development Breaks Ground in Berkeley
Grosvenor has broken ground on 1951 Shattuck, a 163-unit, Class A apartment building just a block away from the UC… Read more
East Bay MultiFam Portfolio Purchased for $69M
Levin Johnston of Marcus & Millichap has directed the $69 million acquisition of a 13-property multifamily portfolio in Oakland and… Read more
Austin-based American Campus Communities Announces $13B Transaction with Blackstone
American Campus Communities, an Austin-based developer, owner and manager of student housing communities in the United States, announced that it… Read more
Berkeley Housing Request Sited Near UC Campus
Student housing (and workforce housing, for that matter) in the Bay Area is not overflowing with inventory – especially in… Read more
Berkeley: Latest Legal Battleground in State’s Housing Crisis
California’s ongoing dearth of affordable and student housing has induced Gov. Gavin Newsom’s administration to intervene in an ongoing housing… Read more
New Calif. Affordable Housing Bills Proposed in Sacramento
Two bills addressing affordable housing in California have landed in Sacramento. Assemblymember Marc Berman (D-Menlo Park) has introduced two bills,… Read more
UC Berkeley Sale Surpasses Previous Price Per Unit
A 0.3-acre site at 2590 Bancroft Way in Berkeley across the street from the University of California, Berkeley recently sold… Read more
Blake at Berkeley Sale Hits Record-Setting Bay Area Price
Gemdale USA recently sold Blake at Berkeley, a newly developed 84-unit multifamily community at 2033 Blake St. in Berkeley. The… Read more
JV Scoops Up Parker Innovation in Highly Coveted East Bay/880 Corridor
City Center Realty Partners LLC (CCRP), in a joint venture with Contrarian Capital Management, recently acquired the Parker Innovation Hub,… Read more
Construction is Set to Kick Off in Early 2022 on Berkeley Multifamily
A $91 million loan recently went toward the construction financing for 2150 Kittredge, a 169-unit multifamily building to be built… Read more
UCSF Building is One of the Nation’s Largest Neuroscience Centers
A new era recently began with the opening of the UCSF Joan and Sanford I. Weill Neurosciences Building. This building… Read more
Investor Competition for Quality Assets Remains Stiff
K Street Flats, a 170-unit multifamily property in downtown Berkeley, recently sold for $100 million. Built in 2006, the development… Read more