San Francisco
Autumn Ridge Sells to Kennedy Wilson Fund VI for $120M
Autumn Ridge, a 410-unit multifamily community in Citrus Heights, recently sold to Kennedy Wilson Fund VI, a commingled fund managed… Read more
CBRE Sees Leading Office Markets in Recovery Mode
Activity in the 12 largest U.S. office markets indicates that many have started their recovery from the pandemic-induced downturn, according… Read more
Veteran CRE Attorney Relocates Offices and Art Collection
Taking larger space, a veteran of 40 years in commercial real estate law has moved to 110 W. 57th St. Joshua Stein… Read more
NYC Unseats San Francisco as Nation’s Most Expensive Rental Market
The nation’s two most expensive markets for apartment renters have traded places. Zumper reported that after 18 months of disruption caused by… Read more
Newmark Lines Up $628M Financing for GID Multifamily Portfolio
Newmark arranged $627.55 million in financing on behalf of GID Investment Advisers for a portfolio of nine Class A multifamily projects, totaling 2,588 units across California, Washington,… Read more
Hines’ Willowick Makes Cut for 33 Tehama Management Role
Hines’ boutique multifamily property management firm, Willowick Residential, will be the property management company for 33 Tehama, a 278,000-square-foot luxury… Read more
Life Science Sector Expands Far Beyond the Established Clusters
When it comes to life sciences real estate, the biggest keep getting bigger. That’s to say that the leading developers… Read more
Hamilton Marketplace Sale Allows Grosvenor to Reallocate Capital
Grosvenor Americas originally developed Hamilton Marketplace at 5800 Nave Dr. in 2008. At that time, it was one of the… Read more
Jack in the Box Awards 16 Franchise Agreements YTD
Jack in the Box Inc. recently awarded 16 franchise development agreements year-to-date through the end of third quarter of fiscal… Read more
RFR Names Head of Equity Capital Markets
RFR has appointed Jay Dunn as head of equity capital markets. Reporting to principals Aby Rosen and Michael Fuchs, he will oversee equity capital raising, joint ventures and… Read more
Austin’s Popularity Brings on Housing Affordability Issues
Housing affordability improvements brought on by historically low mortgage rates and dampened rent growth are quickly evaporating as housing costs… Read more
TX Hotels to Have Demand Surges in the Fall
PredictHQ recently released Demand Impact Report: The Great Hospitality Recovery of 2021. The report shows the impact of large events… Read more
Penumbra’s Expansion Brings Total Occupancy to 254,000 SF
Penumbra recently expanded into an additional 96,505 square feet of class-A office/lab space in the Roseville Innovation Park at 620… Read more
Apple Hospitality Divests from National Hotel Portfolio for $211M
Publicly-traded hotel REIT Apple Hospitality has divested from a portfolio of 20 select-service hotels for $211 million. The portfolio consists… Read more
Adrian Road Proximity to SFO is Key Selling Point
A single-story industrial facility at 1649 Adrian Rd. in the Burlingame submarket recently sold to Finn Capital. Due to its… Read more
Washington Holdings Snaps Up RioTech R&D Park
A $113 million loan was recently obtained for the acquisition of RioTech R&D Park, a class-A R&D campus in San… Read more
California’s Largest Employers Are Mandating Vaccinations
Some of California’s largest employers have followed Gov. Gavin Newsom’s lead in implementing vaccination and testing measures for employees. After… Read more
Bridgeton and STARS REI Plan to Reimagine 260 Townsend
A seven-story creative office building at 260 Townsend St. in San Francisco recently sold to a joint venture between Bridgeton… Read more
Just Like That: A 1.25M-SF Full-Building Industrial Lease
The new Phoenix industrial normal: a 1.25 million-square-foot full-building industrial lease. Mattress manufacturer, Mlily, the retail brand of Healthcare Arizona… Read more