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News
Paceline moves deeper into San Jose office market with $33M buy
3+ mon, 1+ week ago (503+ words) Paceline Investors is adding to its San Jose commercial property collection. An affiliate of the San Francisco-based investor acquired the two-story building at 350 East Plumeria Drive for $33 million, the Silicon Valley Business Journal reported. Galaxy Properties sold the structure four…...
Harvest Properties and Lone Star Funds Form JV to Recapitalize San Francisco Office Tower
3+ mon, 2+ week ago (58+ words) PRLog Harvest Properties and Lone Star Funds Form JV to Recapitalize San Francisco Office Tower - Creation of a 10,000–15,000-square-foot shared amenity floor including state-of-the-art fitness/wellness, tenant lounge and flexible meeting spaces May 26, 2026 News...
San Mateo Backs Bespoke Tower on Former Talbot’s Block
4+ mon, 1+ week ago (415+ words) Planning commissioners recommended approval for Bespoke at the former Talbot’s block: 71 affordable units, 149k sq ft of office and 14k sq ft of retail. The San Mateo Planning Commission on Tuesday signed off on a key step for Bespoke, a longâanticipated…...
SoMa Tower Trouble As CIM Gets Ready To Hand Over Central Offices
4+ mon, 2+ week ago (440+ words) CIM defaulted on a $98M CMBS loan tied to 703 Market and 26 Third after Unity pared back space; lenders (Rialto as special servicer) may take title by Q4. CIM Group is on track to give up control of the Central Tower complex, a…...
Lone Star secures San Francisco office tower via $216m credit bid
4+ mon, 2+ week ago (226+ words) Lone Star Funds has taken ownership of 600 California Street via a $216m (€184.5m) credit bid after no external bids were received at auction for the 360,000sqft San Francisco office building. In January, Lone Star’s Real Estate Fund VII acquired the mortgage secured by…...
Joint Venture Announced For 530 Sansome Street, San Francisco
4+ mon, 2+ week ago (270+ words) By: Andrew Nelson 5:30 am on April 22, 2026 530 Sansome Street firehouse, rendering courtesy of Related California Gino Canori, President and CEO at Related California, said of the announcement, “With this partnership, along with the City and local stakeholders, we are ready to…...
San Jose City Council to consider office-to-housing plan
7+ mon, 2+ week ago (135+ words) With the goal of creating more housing, San Jose leaders Tuesday will consider ways to make office conversions more attractive to investors. The conversion of the historic Bank of Italy tower, which... San Jose City Council to consider office-to-housing plan…...
Five Star Bank announces commitment to a $10 million Low Income Housing Tax Credit Investment in the Marvel in the Mission, providing 136-units of permanent supportive housing to San Francisco residents
5+ mon, 3+ day ago (325+ words) The community bank’s first Bay Area LIHTC investment further assists San Francisco’s housing recovery and revitalization efforts The development located at 1979 Mission Street at 16th Street highlights the value of PSHs, which combine long-term, affordable housing with wraparound services that help…...
Bank of Italy building in downtown San Jose to be converted into housing
5+ mon, 6+ day ago (168+ words) One of the most familiar and iconic commercial buildings in downtown San Jose will soon be home for some people. The Bank of Italy tower will be converted into the city’s next residential housing project, providing 109 units in a building…...
Construction Underway For 967 Mission Street, San Francisco
5+ mon, 2+ week ago (451+ words) By: Andrew Nelson 5:30 am on March 23, 2026 Construction is now underway for the nine-story affordable senior housing complex at 967 Mission Street in SoMa, San Francisco. BGI and Nibbi have started excavation on the former surface parking lot in preparation for the…...