Commercial Real Estate Direct Staff Report The 378-room DoubleTree Berkeley Marina hotel in Berkeley, Calif., whose performance was absolutely hammered during the Covid lockdowns in 2020, has failed to fully recover to its pre-pandemic levels. As a result, its $48.29 ...
Commercial Real Estate Direct Staff Report Limekiln Real Estate Investment Management has provided $36 million of mortgage financing to facilitate the purchase of Varsity Berkeley, a 79-unit student-housing property in Berkeley, Calif. JLL Capital Markets arranged the debt, which includes ...
REJournals.com Clayco has agreed to fully lease the 230,000-square-foot office property at 8640 Evans Ave. in Berkley, Mo. The Chicago developer is planning to relocate 580 employees next year from other locations in St. Louis area. It expects to expand ...
Ohana Real Estate has paid $163.3 million, or $591,666/room, for the 276-room Claremont Hotel & Spa in Claremont, Calif. The Redwood City, Calif., investment firm purchased the property from a venture of FRHI Hotels & Resorts and the Blum Group, ...
Commercial Real Estate Direct Staff Report NGI East Bay Portfolio LLC, which indirectly owns the 236-bed Garden Village student-housing property in Berkeley, Calif., has filed for bankruptcy in U.S. Bankruptcy Court for the Northern District of California in Oakland, Calif. ...
REBusiness Online Landmark Properties is planning a 326-unit apartment property at 2190 Shattuck Ave. in Berkeley, Calif., less than a half mile from the University of California-Berkeley campus. It will serve the university's students, faculty and staff. The property will ...
San Francisco Business Times Local developer NX Ventures has proposed building a 242-unit apartment property at 2601 San Pablo Ave. in Berkeley, Calif. The eight-story property will have 25 units reserved as affordable and amenities that will include a clubhouse, ...
San Francisco Business Times A venture of City Center Realty Partners and Contrarian Capital Management has paid $22 million, or $542.14/sf, for Parker Innovation Hub, a 40,580-square-foot office and research and development property in Berkeley, Calif. City Center, of San ...
Bank OZK and Square Mile Capital Management LLC have provided a total of $91 million of financing for the construction of a 169-unit apartment property at 2150 Kittredge St. in downtown Berkeley, Calif. The financing, arranged by Valtus Capital Group ...
Rents at the age-restricted property are subsidized through the U.S. Department of Housing and Urban Development's Section 8 rental voucher program. Foundation Housing, formally the National Foundation for Affordable Housing Solutions Inc., is a Bethesda, Md., nonprofit and owner of ...
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