Matteson Buys Marin Mixed-Use

San Mateo-based Matteson bought the Millworks, an urban midrise 124-unit apartment and retail project located at 900 Reichert Ave. in the Old Town section of Novato, for $67 million. That equates to not quite $160 a square foot for the 421,000-square-foot property, which includes a nearly 40,000-square-foot Whole Foods and a three-level, 438-space parking garage

REITs flourish as economy shifts to supply-side dynamic

REITs are an interesting phenomena which capitalize on public money but have to perform like any other real estate. However, at the end of the day they have to make sure their properties perform and bring in a decent cash flow. They have certainly done that in spades in this first quarter of 2012.

For more, click here

Introducing The Common Sense Coalition

Happy Birthday, Mark Zuckerberg, You Smug So and So

This is a really interesting article that is a bit of a sour grapes story about Mark Zuckerberg’s success. Comparing him to the greats of history is a little unfair but an amusing comparison all the same.

For more, click here

More REITs go abroad for opportunities

REITs are flush with cash and pricing only going higher for Institutional quality assets in the US , it is a natural move to reach over the borders to markets where opportunities abound. Europe is ripe for the picking and Asia while highly priced in certain markets, still presents many opportunities.

Stunning UCSF neuroscience building coming online

This building is what makes San Francisco such an interesting and exciting place to live. There is an amazing contrast of properties from creative, outrageous, technology, media, institutional, classic, stunning, derelict to facilities that reach out to the forefront of our lives and will impact our future tremendously. It is a truly unique City of structures and people.

EXCLUSIVE--Servicer Pipeline Grows

 

Student Housing Even Hot for Secondary Sites

It has always been relatively difficult to finance student housing sites in secondary markets and schools with student populations under 1500 – not so at the moment.

For more, click here

Syndicate content