Oakland
Citizen Leads $99M Loan for Laguna Niguel Apartment Complex
Rhode Island-based Citizen Financial Group has led a $99 million loan to Houston-based Hanover Company for the construction of a… Read more
CIM Redirects, Will Build Oakland’s Tallest Apartment Tower
Real estate firm CIM Group has submitted a proposal for a development in downtown Oakland, CA that will become the… Read more
FPA Buys Silicon Valley Apartment Trio for $135M
San Francisco-based FPA Multifamily has purchased three San Jose, CA apartment complexes for a combined $135 million, or $245,000 per… Read more
Service West Subleases 95K SF at San Leandro Warehouse
CBRE has brokered the 95,000-square-foot sublease of an industrial property at 2350 Williams St., in San Leandro, CA. CBRE’s Bob… Read more
Innovative TRiO Program Secures Another $6M in Funding
Teachers Rooted in Oakland (TRiO), a unique program that offers discounted housing and philanthropically-funded housing stipends to Oakland United School… Read more
Rockwood Acquires Walnut Creek Apartments for $66M
San Francisco-based Rockwood Capital has acquired the The Arroyo Residences, a 100-Unit apartment property in Walnut Creek, CA for $66… Read more
Newmark’s Walnut Creek Office Welcomes New Director
Newmark has announced the hiring of 20-year real estate veteran Justin Grilli as Senior Managing Director in Walnut Creek, CA.… Read more
CBRE: Oakland Port Activity Fades but Industrial Demand Remains
A new report from CBRE’s Port Watch Series finds that ongoing supply chain issues continue to hamper the Port of… Read more
CBRE: Bay Area Life Science Lab Space Remains in High Demand
A new second quarter report from CBRE indicates that the San Francisco Bay Area has the highest demand in the… Read more
Beneficial State Bank Reports $762M in Values-Aligned Loans
Oakland, CA-based Beneficial State Bank has released its 2021 Impact Report, revealing $762 million in loans went toward affordable housing,… Read more
CBRE Pre-Leases New Oakland Industrial Facility
Prologis Park, the newly constructed 58,500-square-foot industrial building in Oakland, CA has been pre-leased to national tire distributor TireHub. TireHub… Read more
East Bay Office Park Trades at Pre-Pandemic Level
Cushman & Wakefield has advised the sale of Creekside Plaza Office Park, a three-building Class A office campus in San… Read more
Moxy Oakland Hotel Secures $35M Refinance
Sonnenblick-Eichner Company has advised the borrower for the placement of $35 million of first mortgage interim financing for the leasehold… Read more
Newmark Tabs Schroeder as East Bay Executive VP
Newmark has welcomed Kam Schroeder as the firm’s Executive Vice President and Managing Director of the Oakland, CA and Walnut… Read more
CBRE Arranges $35M Sale of San Leandro Industrial Property
CBRE represented both parties in the $35 million sale of a small-bay industrial property in San Leandro, CA. The firm’s… 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
CBRE: Inflation Pumping Bay Area Rents to Pre-COVID Levels
While inflation on goods and services is hitting our wallets, rental housing prices in two of the three Bay Area… Read more
Grosvenor Acquires Oakland Development Site, Will Build Multi-Use Complex
Privately owned property group Grosvenor has announced the acquisition of 2600 Telegraph Avenue in the KONO district of Oakland, CA.… Read more
California’s Metro Areas Still Lag National Jobs Recovery
California’s major metropolitan regions have continued to recover the jobs lost during the pandemic-driven recession although, with one exception, they… Read more