San Francisco
San Francisco Apartment Owner Veritas Defaults on $450M Loan
While the multifamily sector has been a strong performer through the pandemic, the current volatile economy is starting to take… Read more
Meta Subleases 435K-SF at Fremont Street Tower
Following recent news that Facebook and Instagram parent company Meta Platforms Inc. is subleasing office space in Seattle, the company… Read more
Report: Bay Area Remains Top VC Market in the U.S.
Venture capital funding in the United States has not been deterred by the pandemic or economic volatility, according to a… Read more
Shoreham Capital Appoints Bill Wenner as VP of Development
West Palm Beach, FL-based Shoreham Capital has named Bill Wenner as VP of development Wenner will oversee the entire development… Read more
Square Mile Closes $373M Loan for Peninsula Life Science Project
New York-based Square Mile Capital has originated a $373 loan to finance the construction of the first phase of Southline,… Read more
Bank of the West’s $16.3B Acquisition Nearly Final
BMO Financial Group has received all regulatory approvals to complete its $16.3 billion acquisition of San Francisco-based Bank of the… Read more
New York’s Piermont Bank Expands into SoCal CRE Market
New York-based digital bank Piermont Bank has announced the firm is expanding its commercial real estate businesses into Southern California.… Read more
Last-Mile Amazon Distribution Center Sells in Tucson
Two teams from Cushman & Wakefield arranged the sale of the Amazon Last Mile Distribution building at 775 W Silverlake… Read more
Irvine’s MBK Rental Living Acquires NorCal Development Site
Orange County, CA-based private developer MBK Rental Living has acquired a 5-acre site in the Sonoma County city of Petaluma,… Read more
Spear Street Enters Atlanta Market with $248M Office Complex Buy
San Francisco-based Spear Street Capital has broken into the Atlanta Market with the acquisition of 1001, 2002 and 4004 Summit… Read more
Spear Street Capital Acquires $248M, Class A Office Portfolio in Atlanta
San Francisco, CA-based Spear Street Capital – an owner operator of distinctive commercial office properties has completed its $247.5-million purchase… Read more
DocuSign Downsizes in San Francisco Lease Renewal
It’s good news, bad news for the struggling San Francisco office sector as document signing software company DocuSign has decided… Read more
Cresa Hires Two New Advisors in San Francisco
Occupier-centric real estate firm Cresa has added two new advisors to its San Francisco team: 20-year veteran Jack Doherty and… Read more
Avanath Expands NorCal Footprint with $131.5M Novato Purchase
Private real estate firm Avanath Capital Management has acquired the Novato Portfolio, comprised of two affordable rental apartment properties in… Read more
Goodman Acquires a Trio of Bayview Industrial Properties
Goodman North America, an Orange County-based subsidiary of Australia’s largest industrial developer, has purchased three industrial properties in the Bayview… Read more
Salesforce, Vimeo Announce Massive Job Cuts
Business-software provider Salesforce and video-hosting company Vimeo announced sizable layoffs on Wednesday. Salesforce said it would reduce headcount by 10%… Read more
Twitter Reportedly Closing Seattle Office
Twitter’s downtown Seattle office in the Century Square tower will reportedly be shut down as the company faces eviction thanks… Read more
CBRE Arranges $25M Sale of Sacramento Multifamily Property
San Francisco-based Tesseract Capital Group has purchased Sierra Park, a 104-unit townhome community in the North Highlands submarket of Sacramento,… Read more
Tech Park Taking Shape on the Shores of Lake Woodlands
Alexandria Real Estate Equities is redeveloping more than 12 acres in The Woodlands, at a cost of $200 million. Alexandria… Read more