Multifamily Archives - The Ivy Group
As Veritas Faces Default on Loans, Eastdil Secured Places 95 of its San Francisco Properties on the Market for Sale
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. […]
US apartment market rebounds on key metric in Q1 but remains weak historically
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, […]
Apartment Lending Slowed by Rising Interest Rates
March 28, 2023 By: Tim Vi Tran,
Federal Reserve’s Moves Pressed Brakes on Loan Growth By Mark Heschmeyer and Nicole Shih CoStar News March 26, 2023 | 7:50 P.M. A sharp drop in loans for apartments led a general pullback in commercial real estate lending. The U.S. multifamily sector saw a plunge in lending from a high quarterly growth rate of 5.4% in the […]
Carmel Partners & Affiliates Make Massive Apartment Portfolio Acquisition in Daly City Valued over $1.3B
February 1, 2023 By: Tim Vi Tran,
February 1, 2023 By Vladimir Bosanac San Francisco-based Gerson Bakar & Associates continued this week with a disposition of another one of its prized assets. The company has sold off its last Bay Area property, the Westlake Village Apartments, a 47-acre, nearly 3,000-unit apartment community in Daly City, to an entity affiliated with San Francisco-based Carmel […]
Nearly 500 housing units pitched for South Fremont BART station
August 23, 2022 By: Tim Vi Tran,
By Sarah Klearman – Staff Reporter, San Francisco Business Times Aug 22, 2022 Updated Aug 22, 2022, 4:56pm PDT The longtime owners of nearly 10 acres adjacent to the Warm Springs/South Fremont BART station have big plans for the land. They have proposed building nearly 500 multifamily units and townhomes on Lopes Road and Warm Springs Boulevard, about a block […]
Here’s why CRE deal volume will continue to see strength in second half of 2022
June 30, 2022 By: Tim Vi Tran,
By Ashley Fahey – Editor, The National Observer: Real Estate Edition, Jun 29, 2022 Capping off what’s looking to be a robust first half of 2022 for commercial real estate deal flow, at least one major firm is betting on a continued strong outlook for the rest of the year. London-based PricewaterhouseCoopers LLP this week found, in the […]
How did Cupertino’s Vallco mall become ‘The Rise’?
April 20, 2022 By: Tim Vi Tran,
By Rosellen “Rosie” Downey – Lead Researcher, Silicon Valley Business Journal Apr 15, 2022 Updated Apr 15, 2022, 8:37am PDT Vallco, the beleaguered former retail center in Cupertino, has a new redevelopment plan dubbed “The Rise.” To see all of the twists and turns in its long Silicon Valley history, check out the timeline of the events that led […]
Moody’s analyst: Why office-to-apartment conversions hardly pencils out
April 14, 2022 By: Tim Vi Tran,
https://www.bizjournals.com/sanjose/news/2022/04/13/office-apartment-conversions.html?utm_source=st via @svbizjournal
