San Francisco
Northwestern Mutual Claims San Francisco MF for $307M
Northwestern Mutual acquired Jasper, a 319-unit, luxury high-rise apartment building in San Francisco from Crescent Heights for a reported $306.5… Read more
NYC Apartment Rents Notch a Three-Year High
Although it trails well behind top-ranked San Francisco, New York City posted the steepest one-month growth for one-bedroom apartment rents… Read more
Pendo to Relocate Corporate Headquarters to Downtown Raleigh in 2022
Software company Pendo has announced plans to occupy five floors and 125,000 square feet of a new 19-story tower in… Read more
NorthMarq Secures $93M Construction Loan for San Francisco’s First CLT Building
NorthMarq secured $93 million in construction-to-permanent financing for One De Haro, a 133,427-square-foot mixed-use building in San Francisco. The sponsor… Read more
Beacon in $600M Sale-Leaseback for Zynga’s San Francisco HQ
Boston-based Beacon Capital Partners, LLC entered into a $600-million sale-leaseback deal with Zynga Inc. for the game maker’s San Francisco… Read more
CushWake to Handle 3.7M-SF Assignment for San Francisco Bank
Bank of the West engaged Cushman & Wakefield for a 3.7-million-square-foot U.S. retail branch portfolio assignment. The firm’s Global Occupier… Read more
California Rent Control Bill Passes Key Hurdle
California’s rent cap measure, Assembly Bill 1482, cleared a key step in the state Legislature this week following an agreement… Read more
Fintech Firm Relocates HQ to Cincinnati
Fintech firm Tempoe LLC is relocating its headquarters from Manchester, NH to downtown Cincinnati. The move to the Sawyer Point… Read more
Graymark Grabs Sorrento Mesa Office
A partnership between San Francisco-based Graymark Capital and an unnamed institutional partner acquired 10455 Pacific Center Court, a 92,477-square-foot office… Read more
ASB Secures $100M Financing for SoMa Asset
Bethesda, MD-based ASB Real Estate Investments secured $100 million in financing for a Class A office building at 795 Folsom… Read more
Home Price Gains Slow in California, Nationally for 12th Straight Month
The latest research by S&P Dow Jones Indices shows that the rate of home price increases across the U.S. has… Read more
Chicago’s Housing Sales Register Slower Growth
The latest data from both the Chicago Association of Realtors and S&P Dow Jones Indices indicate slowing growth in Chicago’s… Read more
Blackstone, Prologis Making Run at Singapore’s GLP $20B Industrial Portfolio
The U.S. division of Singapore’s GLP is trying to sell its industrial portfolio in the United States, and the pool… Read more
San Francisco Reaches the Top of the Global Heap Despite Quality of Life Challenges
San Francisco has unseated Zurich from its long-held top ranking for both wages and disposable income in the latest Deutsche… Read more
Where are Best Places to Get a Summer Job?
This summer’s job market is likely going to be challenged by the tight U.S. labor market. The national unemployment rate… Read more
Avison Team Sells O’Hare Industrial Portfolio
Avison Young represented Brennan Investment Group in the sale of an industrial portfolio in Mt. Prospect, IL, within the O’Hare… Read more
California Rent-Cap Bill Softened
A proposed bill that seeks to ban steep rent hikes in California has been changed in an effort to win… Read more
Related, Atria, Welltower JV Buys former KRON HQ, Plans Sr. Living Conversion
Related Companies and Atria Senior Living, in partnership with Welltower, acquired the vacant 260,000-square-foot former home of KRON-TV from Oryx… Read more
Golden State is Tops Among Global Investment Growth
California claimed two of the top five slots on Real Capital Analytics’ (RCA) ranking of 18 major global business hubs.… Read more