San Francisco
Large Office Loan Defaults Are on the Rise
The number of big office landlords defaulting on their loans is on the rise, providing more evidence that more developers believe… Read more
Friedkin Realty Sees Big Gain in Schaumburg Apartment Sale
Nearly nine years after buying Fieldpointe of Schaumburg, a 396-unit apartment complex in Schaumburg, IL, San Francisco-based Friedkin Property Group has cashed… Read more
New York Leads Major Cities in Office Demand Recovery
New York City has regained almost 50% of its initial pandemic decline in new demand for office space, with Los… Read more
It’s No Mistake: Apartment Space IS Shrinking
Those looking for units in newer buildings these days might find themselves eyeing less space than in previous years. This… Read more
First Republic Bank Leases 19K-SF at Portland High Rise
San Francisco-based First Republic Bank has signed a 19,000-square-foot lease at the Fox Tower on 805 S.W. Broadway in Portland,… Read more
FPA Multifamily Shells Out $102M for Virginia Beach Community
San Francisco, CA-based FPA Multifamily, LLC has acquired Marina Shore Apartment Homes, a 392-unit multifamily property located at 257 Willow… Read more
Sobrato Buys Gap’s Athleta Building in SF for $80M
Gap Inc.’s Athleta headquarters at 1 Harrison Street in San Francisco has been acquired by Sobrato Organization for a reported… Read more
San Diego Remains a Top Market for Life Sciences Funding
The recent economic turmoil has impacted venture capital (VC) funding for the Life Sciences sector, as money raised plummeted towards… Read more
TECO Pays $53M for New Office Building in San Francisco
Taipei Economic and Cultural Office (TECO) has acquired a brand new, Class A office building in the SoMa neighborhood of… Read more
Newmark Promotes Elizabeth Hart to President of Leasing
Commercial real estate company Newmark has promoted Elizabeth Hart to President of Leasing for the company’s operating businesses in North… Read more
Google Paying $500M to Adjust Global Real Estate Leases
Bay Area-based tech giant Google has reported that the company plans to spend approximately $500 million in costs related to… Read more
Nelson Rising, LA Developer Who Helped Shape Real Estate across the USA, Dies at 81
Nelson C. Rising, a Los Angeles-based developer and political and civic leader, died on Thursday, February 9 at his home… Read more
Global CRE Pricing Growth Stalls After 52 Quarters
Price growth of global commercial property came to a halt in the fourth quarter of 2022, as deal volume plummeted… Read more
Study: Seattle Sees Country’s Largest Jump in High-Income Renters
The American household is changing in the age of high real estate prices, especially among Millenials and Gen Z’s who… Read more
Carmel Grabs Daly City Apartment Portfolio for Over $1B
Multifamily real estate in the Bay Area remains popular with investors, as San Francisco-based Carmel Partners has acquired a portfolio… Read more
Private Capital Gravitates to Emerging Life Sciences Markets
Private capital funding has accelerated growth in the life sciences sector over the past decade, Cushman & Wakefield’s Sandy Romero… Read more
Millennium Tower Structural Engineer Says Tilt is Reversing
Residents of San Francisco’s Millennium Tower received some good new from the tower’s engineer of record, who says the building’s… Read more
IRR Promotes Liani Moore to Managing Director in SF
Commercial real estate valuation and consulting firm Integra Realty Resources (IRR), has announced the promotion of Liani C. Moore to… Read more
St. Louis, Other Metro Areas Rank High as Multifamily Markets to Watch—for Distress
Trepp has identified the St. Louis metro area as the number one multifamily market to watch in 2023. In this… Read more