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USA TODAY

partner publisher · 2.1M followers

UC System buys a Ritz-Carlton

Good morning, California. With the midterm firmly in the rearview ( at least here in California ), here's a story from USA TODAY's Noe Padilla that's sure to pique your curiosity. The UC System's investment arm just purchased a Ritz-Carlton in tony Half Moon Bay for $193 million . And it's not the only hotel purchase in the past year. Talk about a diverse portfolio. Why? Padilla rounds up what we know so far . Here's what else is going on across the Golden State. This article originally appeared on USA TODAY: UC System buys a Ritz-Carlton

California · 1d

Realtor.com News & Insights

partner publisher · 29.3K followers
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Modesto Buyers Face a Tighter Pipeline Even as More Homes Are Available

Modesto sellers saw homes move off the market faster while fresh listings dried up, making it a tricky time for buyers to wait around.

Modesto, CA · 2d

Yahoo!

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California’s Plan To Cut Housing Red Tape Fails After Stiff Opposition From Unions and Environmentalists

Despite a wide coalition of support and millions in funding from business leaders, builders, and even some Native American tribes, California's latest effort to cut red tape around housing development failed at the polls after meeting opposition from an alliance of unions and environmental groups. Prop 45 would have limited...

California · 2d
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Realtor.com News & Insights

partner publisher · 29.3K followers
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San Jose Buyers Have More Homes To Choose From As Prices Hold Firm

San Jose buyers found far more homes to choose from as inventory surged, yet prices held steady, keeping the market competitive.

San Jose, CA · 22h

hoodline.com

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JLL Pitches Nearly 950 Apartments on Stalled Santa Clara Site Near Levi's Stadium

A 9-acre property near Levi's Stadium could hold nearly 950 apartments, according to marketing materials being shopped by brokerage JLL, but the site has sat without a construction timeline since its previous owner lost control of it in a foreclosure. The parcels at 2101 Tasman Drive and 2222 Calle de Luna sit close to major employers and light rail, a location that has made the site attractive to developers for more than a decade even as plans for it have repeatedly stalled.

Santa Clara, CA · 2d

tricityvoice.com

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Centerville Plaza breaks ground on affordable housing

Winter rains are on their way, but Fremont is already well into the season for growing affordable housing developments around the city. On Wednesday, Nov. 4, developers and city officials broke ground on Centerville Plaza, located at the intersection of Fremont and Peralta Boulevards. The development is one of six started this year.

Fremont, CA · 1d

The Voice of San Francisco

partner publisher · 807 followers

City Hall this week: Street conditions in the Mission, rental scams and a new name for Cesar Chavez Street

San Francisco’s elected officials and commissions have a busy week ahead, with neighborhood conditions, public spending, and development among the issues on the agenda. Mayor Daniel Lurie will face questions from supervisors Tuesday about deteriorating street conditions in the Mission and the future of Crocker Amazon Park. Meanwhile, the Land Use and Transportation Committee considers […] The post City Hall this week: Street conditions in the Mission, rental scams and a new name for Cesar Chavez Street appeared first on The Voice of San Francisco .

San Francisco, CA · 3d

Silicon Valley

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UC system buys five-star luxury hotel resort on San Mateo County coast

HALF MOON BAY — The University of California system bought its second notable hotel in just over a year with the purchase of The Ritz-Carlton along the San Mateo County coastline in Half Moon Bay, documents filed on Oct. 20 with the San Mateo County Recorder’s Office show.

San Mateo County, CA · 2d

48hills.org

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Planning Commission rejects plan to save low income people from displacement

Sup. Chyanne Chen has introduced legislation that would require developers who demolish housing in vulnerable communities replace existing affordable units with new units at the same price. It’s a pretty basic concept. As Chen noted at a Planning Commission hearing Thursday, a developer who tears down a five-unit building in...

San Francisco, CA · 2d

sfstandard.com

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Marina Safeway project wins final city approval despite neighborhood outrage

The San Francisco Planning Department has given final approval to a plan to raze the Marina Safeway and replace it with a 22-story, 848-unit apartment building on a waterfront site zoned for 40 feet. In a Nov. 6 letter to developer Align Real Estate, planners said the project qualified for...

San Francisco, CA · 2d

hoodline.com

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Florida Firm Grabs Google-Leased SF Tower, Eyes Bigger Bay Area Buying Spree

A Florida real estate firm just made its first bet on downtown San Francisco, and the building it picked comes with a built-in tenant: Google. 1754 Properties closed on a six-floor office building at 40 Jessie St. at the end of October for nearly $28 million, according to city records, marking the company's first investment in the city and its first-ever office purchase.

San Francisco, CA · 2d

Palo Alto Online

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New housing project bolsters city’s vision for future of San Antonio

Palo Alto’s plan to transform a stretch of San Antonio Road into the city’s newest residential community received a boost Monday, when the City Council reviewed and largely supported a proposal to demolish three commercial buildings and construct a 200-apartment complex next to the Mountain View border. Located...

Oakland, CA · 1d

connectcre.com

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MDH Enters Bay Area with Livermore Industrial Acquisition

MDH Partners has acquired 5775 Brisa St., a 108,347-square-foot, single-tenant industrial building in Livermore, within the Bay Area’s Tri-Valley submarket. Terms weren’t disclosed. The acquisition is the first in Northern California for Atlanta-based MDH and brings its California footprint to nearly 1.7 million square feet. Colliers represented the...

Livermore, CA · 1d

San Francisco Chronicle

partner publisher · 35.7K followers

Half-century-old Napa winery sold on auction block to its creditor

Signorello Estate — the 49-year-old winery in Napa that burned to the ground in 2017, was rebuilt and then went into foreclosure — has officially been sold to its creditor in an auction.

Napa, CA · 4d

San Francisco Chronicle

partner publisher · 35.7K followers

Exclusive: Controversial Marina Safeway project wins S.F. approval after yearlong fight

The project would replace the decades-old Marina grocery store with a large mixed-use complex featuring two towers reaching 22 and 18 stories, a new Safeway store and 848 homes.

San Francisco, CA · 2d

liveinsurancenews.com

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California Just Made It Easier to Buy a New Home — And the Insurance Problem May Already Be Solved

California voters just passed something that could genuinely change the math on homeownership. Proposition 37, approved on November 3 with 61% of the vote, authorizes the California Housing Finance Agency to issue up to $25 billion in bonds to help middle-income buyers purchase newly built homes. Governor Gavin Newsom endorsed...

California · 5d

SFGate

publisher · 63.8K followers

SF architectural wonder Gallery House didn't even have time to hit the market

As local Pokemon Go players already knew, the property is a showstopper.

San Francisco, CA · 3d

arizonadigitalfreepress.com

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A court-ordered sale is sometimes the cleanest exit from a co-owned house

Your sibling won’t answer your texts, your ex won’t sign a listing agreement, and the house on Marengo holds a mortgage plus forty years of family memories. You’ve offered a buyout. You’ve offered a clean split. Every suggestion died in the group chat. Here’s the part...

Pasadena, CA · 1d

San Francisco Chronicle

partner publisher · 35.7K followers

Lawsuit: Acclaimed California winery might be sold off to pay $17.5 million debt

Failla founder and winemaker Ehren Jordan was sued for breach of contract by his lender, First-Citizens Bank & Trust Co., last week.

Napa Valley, CA · 2d

machronicle.com

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The Atherton Train Station’s Second Life

For nearly a century, Atherton’s train station served as a connection between the town and the rest of the Peninsula. After Caltrain announced the end of its service in the town in 2020, the station’s future became uncertain. On Oct. 18, the previous station reopened its doors, this time as a museum dedicated to preserving the town’s railroad history.

Atherton, CA · 4d