San Jose
Jonathan Rose Makes $102M Acquisition in San Jose
New York City-based Jonathan Rose Companies, among the leading owners of affordable and mixed income housing, completed the acquisition of The Grove,… Read more
Newmark Promotes Jon Mackey to Lead Northwest Region
Newmark has promoted Jon Mackey to Northwest Region Market Leader. In his new role, Mackey will oversee the strategic operations… Read more
Swenson Lands Approvals for Los Gatos Senior Housing
San Jose-based development and construction firm Swenson recently received entitlement approval for its senior housing project in Los Gatos. Located… Read more
San Jose Hotel’s Southern Tower Will Transition to Student Housing
Mill Valley-based Throckmorton Partners, acting through an affiliate, paid $73.1 million to buy the southern tower of the Signia by… Read more
Austin Leads U.S. for STEM Job Growth; Denver and DC in Top Five
Austin, Denver, Seattle, Raleigh and Washington, DC are the top markets for momentum in STEM jobs growth, according to RCLCO Real Estate Consulting,… Read more
Solar Shingle Maker Opens 450K SF Georgetown Plant
GAF Energy has completed construction on its second manufacturing facility. The company makes solar energy shingles. The 450,000-square-foot building in Georgetown,… Read more
Lendlease and Google Part Ways on Silicon Valley Projects
Lendlease has ended its agreement with Google to build four neighborhoods in Silicon Valley, including Downtown West, an 80-acre mixed-use… Read more
Finding Proof of Sustainable Headquarters
In the current built environment, many companies fly their “sustainability” flags, broadcasting their efforts toward carbon reduction. But ProptechOS sought… Read more
Urban Catalyst Completes Downtown San Jose Land Assemblage
Urban Catalyst, a real estate fund manager and developer based in San Jose, has completed the land assemblage for its Icon/Echo development… Read more
Belmont Senior Living Tops Out in San Ramon
Belmont Village Senior Living topped out construction on Belmont Village San Ramon, its fifth community in the Bay Area. Belmont… Read more
PMB, Santa Clara Valley Healthcare Partner on MOB
Healthcare real estate developer PMB and Santa Clara Valley Healthcare broke ground on a 10-story, 230,000-square-foot medical office building in… Read more
IPA Arranges Acquisition Loan for San Jose’s The James Apartments
IPA Capital Markets, a division of Marcus & Millichap specializing in capital markets services for major private and institutional clients, has arranged… Read more
MMCC Arranges Refi for San Jose Retail
Marcus & Millichap Capital Corporation (MMCC) arranged $3,850,000 for the refinancing of Tully Commercial Center, a retail property located at… Read more
San Jose Outperforms on Apartment Rent Growth
San Jose’s average-quality apartment rents jumped by 4.8% in the first half of 2023, the second-highest growth among the top… Read more
Pacific Workplaces Expands to Cupertino
Pacific Workplaces, a San Francisco-based coworking company and hybrid work solutions provider, will open a new flex office space at 10080… Read more
Over 550 NY Office Buildings Fit for Conversion
Researchers from Columbia University and New York University have identified more than 550 office buildings in New York City that… Read more
California People and Company News for Sept. 15, 2023
Connect Orange County will take place Sept. 27, 2023 at VEA | Newport Beach Marriott in Newport Beach, concurrently with… Read more
IPA Arranges $62M Financing for San Jose Apartments Deal
IPA Capital Markets, a division of Marcus & Millichap, arranged $62,139,000 in acquisition financing for DUO Apartments, a 301-unit multifamily… Read more
CMBS Distress Rate Rises for Top 20 SMSAs
The distress rate for CMBS loans across the 20 largest markets in August was 7.2%, slightly above the national CMBS… Read more