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Lender’s credit bid clears path for San Francisco Recovery Fund to acquire troubled downtown development project Chinese financial services giant Haitong secured the winning bid for the troubled Oceanwide Center development site, located at 50 1st St. in San Francisco on Thursday, placing a $100 million credit bid at a public auction that clears the […]
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A century-old San Jose landmark is undergoing a dramatic metamorphosis that promises to inject fresh energy into the city’s urban core. The Bank of Italy tower, a 14-story downtown fixture since 1926, is being converted from office space into 115 residential apartments by Canada-based developer Westbank, according to the Mercury News. The $33.8 million property […]
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Five-building campus near Caltrain closes as institutional capital returns to Bay Area office market Rockwood Capital has successfully sold the Mountain View Corporate Center, marking one of Silicon Valley’s most significant office transactions in the last year. The 289,000-square-foot trophy campus at 301-381 E. Evelyn Ave. changed hands for more than $150 million, according...
63,446-SQFT Vacant Lot Near West Oakland BART Could Yield Up to 500 Residential Units Using State Density Bonuses One of downtown Oakland’s most significant undeveloped parcels has been listed for sale as the city grapples with a challenging multifamily market and the collapse of a nearby waterfront megaproject. The 63,446-square-foot vacant lot at 600 Castro […]
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Nashville University’s Bay Area Deal Encompasses Two Campuses, Including Entitled Oakland Site Facing Development Challenges Vanderbilt University’s acquisition of California College of the Arts extends beyond the widely publicized San Francisco campus, encompassing a second property in Oakland’s Rockridge neighborhood that carries entitlements for more than 400 housing units...
