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 […]
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The rate of loans backing office properties that are considered distressed or delinquent is on the rise as landlords of outdated office towers struggle to refill vacant spaces and cash flow on those buildings becomes a bigger challenge.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 […]
October 6, 2023    By: Tim Vi Tran,
By Sarah Klearman – Staff Reporter, San Francisco Business Times Oct 5, 2023 Updated Oct 5, 2023 6:00am PDT Many Bay Area jurisdictions started this year largely unfamiliar with the builder’s remedy. As they found themselves newly subject to it, they’ve had to get a crash course. The decades-old provision of California housing law strips jurisdictions that fall […]
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 […]
August 18, 2023    By: Tim Vi Tran,
By Kevin V. Nguyen – Reporter, Silicon Valley Business Journal Aug 17, 2023 Updated Aug 17, 2023 8:21pm PDT A Los Angeles real estate firm paid $93.5 million for an apartment complex in South San Jose that is located down the street from Valley Oak Technology Park. The Duo Apartments is a four-story, two-building complex that has 301 […]
July 15, 2023    By: Tim Vi Tran,
By Brian Bandell – Real Estate Editor, South Florida Business Journal Jul 14, 2023 Updated Jul 14, 2023 10:26am PDT A spike in interest rates has created challenges for many commercial real estate owners as their low-rate loans come due, and some landlords in Silicon Valley have a key deadline bearing down. According to an analysis of commercial […]
July 8, 2023    By: Tim Vi Tran,
By Ashley Fahey – Editor, The National Observer: Real Estate Edition, The Business Journals Jul 5, 2023 Updated Jul 5, 2023 2:05pm PDT All eyes are on mounting debt in the commercial real estate world, which continues to struggle with higher interest rates, a more cautious lending environment and muted return-to-office and leasing activity in the wake of […]
July 5, 2023    By: Tim Vi Tran,
By Sarah Klearman – Staff Reporter, San Francisco Business Times Jul 3, 2023 Updated Jul 3, 2023, 3:32pm PDT City Ventures has plans to breathe new life into a Fremont property long eyed for residential redevelopment. The Irvine-based developer and homebuilder is moving forward with plans to raise 69 homes — 60 townhomes and nine accessory dwelling units — on a two-acre […]
May 13, 2023    By: Tim Vi Tran,
May 12, 2023 By The Registry Staff Veritas Investments, the prominent residential landlord in San Francisco, led by its CEO Yat-Pang Au, is facing the potential loss of over a third of its apartment portfolio in the city as its lenders move forward with the sale of $1 billion in delinquent loans tied to Veritas properties. […]
April 25, 2023    By: Tim Vi Tran,
By Ashley Fahey – Editor, The National Observer: Real Estate Edition, Apr 10, 2023 The U.S. apartment market saw demand rebound back into positive territory in the first quarter of 2023 but the first three months of the year were weaker by historic standards. Still, it’s the latest sign the apartment market is returning to pre-pandemic levels, […]