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hoodline.com

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Fort Point Pays $440M for Nearly 1,000 SF Apartments as Rents Hit Record Highs

A buyer has scooped up nearly 1,000 San Francisco apartments in a single deal worth $440 million, adding fresh fuel to a residential market where rents are already climbing at the fastest pace in the country. Fort Point Real Estate Partners acquired 59 residential buildings containing 928 units scattered across some of the city's most recognizable neighborhoods, from Pacific Heights to the Haight.

San Francisco, CA · 2d
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Silicon Valley

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Battery company Antora Energy rents Milpitas building sought by other tech firms

MILPITAS — Thermal battery company Antora Energy struck a deal to lease an industrial building in Milpitas that was sought after by multiple tech firms, according to sources familiar with the commercial property industry. At 475 Sycamore Drive next to Barber Lane, real estate company Prologis completed development of...

Milpitas, CA · 2d
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Silicon Valley

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Sales pick up at downtown San Jose housing tower

SAN JOSE — A downtown San Jose housing tower has sold nearly half its condominiums, a purchasing surge that has accompanied the official opening of an amenities area and pool deck at the residential complex. San Jose political and business leaders held a ribbon-cutting ceremony Thursday to mark a...

San Jose, CA · 2d
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San Francisco Chronicle

partner publisher · 35.5K followers
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University of California buys Half Moon Bay’s Ritz-Carlton for $193 million

The University of California has emerged as the new owner of the Ritz-Carlton Half Moon Bay, paying $193 million for the resort in one of the university system’s latest real estate investments.

Half Moon Bay, CA · 1d

SFGate

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Redwood City: Rent Control Measure Lags Behind In Early Results

A measure to introduce rent control and expand tenant protections in Redwood City lagged behind the needed majority in early results on election night. Measure E has garnered about 44% approval based on early counts that included all vote center ballots as well as vote-by-mail ballots received in the mail or returned to vote centers and drop boxes by Friday.

Redwood City, CA · 3d

The Financial Wire

partner publisher · 65.1K followers

Bay Area real estate CEO gets 18 months, owes investors $2,253,219.84

Sanjeev Acharya, the former president and CEO of SiliconSage Builders, was sentenced Oct. 28 to 18 months in federal prison for deceiving more than 20 investors who lost more than $2.2 million, the U.S. Attorney’s Office for the Northern District of California said. U.S. District Judge Charles R. Breyer also ordered Acharya, 58, of San... The post Bay Area real estate CEO gets 18 months, owes investors $2,253,219.84 appeared first on The Financial Wire .

San Francisco Bay Area, CA · 4d

sfstandard.com

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A historic flatiron building on Market slips into default

A century-old flatiron building that’s a Market Street landmark has defaulted on its mortgage, according to city tax records. The owner of the Phelan Building, built in 1908 at 780 Market St., was issued a notice of default at the end of October for failing to make payments on a $215 million loan.

San Francisco, CA · 3d

Yahoo!

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California Passes Down Payment Assistance Plan, but Push To Cut Red Tape Remains in Limbo

California voters headed to the polls on Tuesday to decide three new housing-related ballot measures. While two of them handily passed, votes are still being counted on a plan to cut red tape and streamline environmental reviews for new homes. Voters approved Proposition 1, which authorizes California to issue $11.25...

California · 1d

Sezen & Moon Structural Engineering Inc.

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Introducing Coco Tan: Professional Services in Campbell

Finding a home is rarely just a financial decision. For many people, it is tied to family, memories, and hopes for the future. That understanding shapes the approach of Coco Tan, a Campbell real estate professional whose work is centered on helping clients navigate one of life's most significant transitions.

Campbell, CA · 2d

kzst.com

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Incumbent Kevin McDonnell Maintains Strong Lead In Petaluma Mayoral Race

Incumbent Mayor Kevin McDonnell holds a commanding 24-point lead in early election returns as he seeks a second term leading Petaluma. The Petaluma Argus-Courier reports preliminary results posted early Wednesday morning show McDonnell securing over 57 percent of the vote, comfortably ahead of challengers Shelina Moreda at 32 percent and John Hanania at nearly 10 percent.

Petaluma, CA · 3d

Silicon Valley

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Financing helps launch development of apartment complex in East Oakland

OAKLAND — A development of more than 100 affordable apartments has gotten underway in East Oakland after a series of real estate deals were completed to enable the financing of the residential project. The 119-unit Residences at Liberation Park apartment complex is being built near the corner of 73rd...

Oakland, CA · 4d

SFGate

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San Rafael: Voters Seem To Sour On Property Transfer Tax

San Rafael voters in Tuesday's election seemed to turn down Measure W, a proposed increase in the city's real estate property transfer tax, a one-time charge paid when real estate changes hands that is separate from annual property taxes. The measure required a simple majority to pass. As of election...

San Rafael, CA · 4d

The Modesto Bee

partner publisher · 26.9K followers

In California Senate District 4 election, Duarte has lead over Brandon in early returns

Editor’s note: Election result numbers in the story will continue to be updated. The numbers in the graphic below are the most up-to-date. Republican Alexandra Duarte held an early lead over Democrat Jaron Brandon on Tuesday night in California’s closely watched Senate District 4 race, as both candidates expressed optimism about their chances and emphasized the rising cost of living as a major concern for voters. Early, unofficial election results showed Duarte leading with 123,606 votes, or 52.2%, compared with 113,160 votes, or 47.8%, for Brandon, according to the California Secretary of State’s Office. Additional ballots remained to be counted, and the outcome had not been determined. Duarte, a Modesto-area farmer and the wife of former Republican congressman John Duarte, spoke with The Bee at a Republican election watch party at Ten Pin Fun Center in Turlock. “We’re watching the ballots come in,” Duarte said. “We’re cautiously optimistic about this.” Brandon, a Tuolumne County supervisor, spoke at a Democratic election-night gathering at the North Valley Labor Federation in downtown Modesto, where he described the experience of awaiting election returns as a roller coaster. “I feel really good about the results that we’re seeing,” Brandon said. “But, you know, also we

California · 4d

Silicon Valley

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99 Ranch Market to close Pleasanton store

PLEASANTON — 99 Ranch Market will close a Pleasanton store on Dec. 5, a permanent shutdown that will affect dozens of workers. With the shutdown of its Asian-themed store at 4299 Rosewood Drive, 54 jobs will be eliminated, Tawa Supermarket, the corporate owner of 99 Ranch Market, stated in a WARN notice filed with the state Employment Development Department.

Pleasanton, CA · 5d

hoodline.com

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San Francisco AI Firms Now Chase 5.3 Million Square Feet of Office Space

Ninety artificial intelligence companies are currently hunting for office space across San Francisco, together seeking a combined 5.3 million square feet, as the city reclaims its title as the country's hottest office market. Twenty-three of those prospective tenants are each looking for at least 50,000 square feet, a sign that AI's office footprint here keeps expanding even as the broader national market cools.

San Francisco, CA · 4d

Silicon Valley

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San Jose hotel tower is expected to go up for sale sometime in 2027

SAN JOSE — The Signia by Hilton hotel in downtown San Jose is slated to be placed on the sales block sometime during 2027, according to the latest plans publicly disclosed by the iconic lodging tower’s owner. The 541-room hotel at 175 South Market St. is owned by...

San Jose, CA · 4d

Realtor.com News & Insights

partner publisher · 28.9K followers

Designer Ken Fulk Finds a Buyer for Midcentury Modern San Francisco ‘Tree House’—as Fully-Furnished Napa Valley Ranch Remains Up For Grabs

The designer has offloaded the iconic midcentury modern home he resided in for 16 years, finding a buyer in just two weeks.

San Francisco, CA · 4d

KQED

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Despite Affordability Concerns, Bay Area Farmworker Housing Project Lags in Early Returns

Just 64 votes separated the two sides of Half Moon Bay’s Measure Q on Wednesday, leaving the future of a downtown housing development for older farmworkers uncertain as ballots continue to be counted. The measure had just over 49% support, with 1,608 votes in favor and 1,672 against, according...

Half Moon Bay, CA · 3d

SFGate

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Walnut Creek: Voters Support Zoning Change For Senior Housing By Bart; 2 Appointed To Council Unopposed

Walnut Creek voters appeared to approve both measures on the city's ballot in Tuesday's election, while two new members of the City Council are joining after winning in an uncontested election for the seats. MEASURE U. Article continues below this ad. Walnut Creek voters in Tuesday's election showed strong support...

Walnut Creek, CA · 3d

Pleasanton Weekly

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PUSD says Hearst Elementary still an option for maintenance yard

Getting your Trinity Audio player ready... Hearst Elementary School parents and neighbors are still urging the Pleasanton Unified School District to rule out the school as a potential relocation site for its maintenance, operations and transportation (MOT) facilities, citing concerns about the loss of playing field space, safety and lack of communication regarding the plan.

Pleasanton, CA · 4d