Acquisition Archives - The Ivy Group
Good News for Home Buyers and Home Builders: FHA and GSE Loan Limits Rise in 2024
December 9, 2023 By: Tim Vi Tran,
The US government programs designed to boost homeownership just made buying a home more accessible. Approximately 72% of home buyers use financing provided by the FHA, VA, Fannie Mae, or Freddie Mac—government agencies that require minimum or no down payment and offer friendlier borrowing terms than other mortgage programs: FHA financing is now available on […]
San Francisco’s postpandemic office reset is starting to take shape
December 6, 2023 By: Tim Vi Tran,
By Sarah Klearman – Staff Reporter, San Francisco Business Times Dec 4, 2023 Roger Fields wasted little time placing 550 California St. up for lease. After all, there was no shortage of space to play with. Wells Fargo, which sold 550 California to Fields’ firm, Peninsula Land & Capital, for $40.5 million in September, had once occupied […]
Villa Del Sol Apartments in Sunnyvale is sold for $62M to Acacia Capital Corp
November 18, 2023 By: Tim Vi Tran,
By Troy Wolverton – Managing Editor, Silicon Valley Business Journal Nov 17, 2023 A San Mateo-based real estate investment firm paid $62.25 million for a 20-year-old apartment complex near Downtown Sunnyvale. Acacia Capital Corp. purchased the Villa Del Sol Apartments on Thursday from Palo Alto’s Pacific Urban Investors, according to records filed with the Santa Clara County […]
US industrial market continues to slow as record amount of construction delivers
November 1, 2023 By: Tim Vi Tran,
By Ashley Fahey – Editor, The National Observer: Real Estate Edition, The Business Journals Oct 9, 2023 The U.S. industrial market saw an uptick in vacancy in the third quarter, as a record amount of construction delivered and leasing activity waned. Across markets tracked by Cushman & Wakefield plc (NYSE: CWK), the vacancy rate rose to 4.7% […]
Where distressed commercial real estate loans are piling up the fastest
October 27, 2023 By: Tim Vi Tran,
By Ashley Fahey – Editor, The National Observer: Real Estate Edition, The Business Journals Sep 18, 2023 The rate of loans backing office properties that are considered distressed or delinquent is on the rise as landlords of outdated office towers struggle to refill vacant spaces and cash flow on those buildings becomes a bigger challenge. A recent […]
The vacancy rate for R&D space in Silicon Valley hit a 9-year high in Q3
October 10, 2023 By: Tim Vi Tran,
By Kevin V. Nguyen – Reporter, Silicon Valley Business Journal Oct 9, 2023 Silicon Valley’s commercial real estate sector’s three major segments could be described as the good, the bad and the somewhere in between. The industrial portion is doing well, with strong demand and a vacancy rate of less than 3%, according to the latest data […]
A Palo Alto office building sold for nearly $2,000 a square foot
October 6, 2023 By: Tim Vi Tran,
By Kevin V. Nguyen – Reporter, Silicon Valley Business Journal Oct 5, 2023 Updated Oct 5, 2023 9:04pm PDT A smaller Palo Alto office building sold Thursday for $58 million, or a whopping $1,933 a square foot. The purchaser — The Douglas Living Trust — bought the Park Boulevard structure from real estate investment firm Kenson Ventures LLC, […]
A Downtown San Jose luxury apartment complex fetched $74M in a sale
September 21, 2023 By: Tim Vi Tran,
By Kevin V. Nguyen – Reporter, Silicon Valley Business Journal Sep 20, 2023 Updated Sep 20, 2023 12:48pm PDT A pair of California real estate investment firms paid $74.25 million for The James, a recently built Downtown San Jose apartment building. Beverly Hills-based Archway Equities and Larkspur-based Virtú Investments teamed up to buy the 190-unit, six-story complex from […]
