San Francisco
EJF Will Invest in Oakland Moxy Project Through Opportunity Zone Fund
EJF Capital LLC joined Tidewater Capital and Graves Hospitality to develop Marriott International’s new Moxy hotel in the Uptown neighborhood… Read more
Virgin Hotels Opens First Property in San Francisco
Virgin Hotels San Francisco is officially open. Located at 250 Fourth Street in SoMa, the property is just steps from… Read more
Federal Railroad Admin Tells CA: Return $3.5B for Failed Bullet Train
After California Gov. Gavin Newsom announced the state was rethinking the state’s high-speed rail project from San Francisco to Los… Read more
Apartment Sales Volume Scales New Annual Peak
Industrial may be the belle of the investment ball, but multifamily hit a new peak in 2018, according to NKF.… Read more
RCA Report: Global Cities Price Growth Slows in 2018
Global commercial real estate gateway cities continued to experience slowing in annual price growth. New research by Real Capital Analytics… Read more
Paramount Completes $227M Acquisition of Historic San Francisco Building
New York-based Paramount Group, Inc. acquired 111 Sutter Street, an historic 22-story office property in San Francisco from Chicago-based JLL… Read more
New Hotel, Condo Development Proposed Next to Chase Center Arena
Chase Center, the new arena of the NBA’s Golden State Warriors in San Francisco’s Mission Bay, may have a new… Read more
Skyline Construction Opens West Loop Subsidiary
Accend Construction LLC, a West Loop-based subsidiary of San Francisco-based Skyline Construction, has opened its doors. Leading the new general… Read more
LA vs. San Francisco: Who Wins Co-Working Battle?
By Dennis Kaiser JLL’s latest research on flexible space or co-working models, shows a compelling comparison between SoCal and the… Read more
Seattle Maintains Top Office Investment Crown in IPA Report
New research by Marcus & Millichap’s Institutional Property Advisors (IPA) division shows the U.S. economy remains structurally positioned for growth… Read more
Clarion Claims San Francisco Building for $336M, Largest Since 2017
New York-based Clarion Partners acquired 215 Fremont St. in San Francisco from Jack Resnick & Sons for $335.5 million. The… Read more
NYC is Now the World’s Top Tech City
It’s no coincidence that Amazon selected Long Island City as one of two locations for its second headquarters, says Savills… Read more
PCCP Snags Potrero Hill Asset for $120M
PCCP, LLC acquired a four-story, 138,393-square-foot, Class A office building in San Francisco from Lincoln Property Company for $120 million.… Read more
Newmark Realty Capital Hits $2.5B CRE Mortgage Activity in 2018
San Francisco-based Newmark Realty Capital (NRC), Inc. completed $2.47-billion of commercial mortgages during 2018 across 270 transactions. This is the… Read more
Charlotte Russe Declares Bankruptcy, Plans to Close Nearly 100 Stores
Charlotte Russe Holdings Corporation, together with its subsidiaries, voluntarily filed for relief under Chapter 11 of the Bankruptcy Code in… Read more
Newcastle Divests Spec Riverside Industrial Development to Dermody
San Francisco-based Newcastle Partners, Inc., along with its joint venture partner Sun Life Assurance Company of Canada, sold a 260,000-square-foot… Read more
Rick Gallitto Joins Plum as President, Head of Real Estate
San Francisco-based Plum Inc. expanded its executive team with the addition of Rick Gallitto who joins as President and Head… Read more
Transbay Center Starting Cracked Beams Repair Work
Two cracked steel beams that forced the closure of San Francisco’s Transbay Terminal last September are now undergoing repairs. The… Read more
Life Sciences Sector Growth Outpaces Economy by 5x
Increased investment and employment in the life sciences sector has driven life sciences related real estate to new heights, according… Read more