David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
City: Berkeley
DoubleTree Berkeley Marina Hotel Continues to Underperform, Stressing CMBS Loan
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 ...
Limekiln Real Estate Lends $36Mln for Purchase of Calif. Student-Housing
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 ...
Clayco Leasing 230,000-SF Office Property in Berkley, Mo.
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 ...
Claremont Hotel & Spa
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, ...
Owner of Calif. Student Housing Backing $35Mln CMBS Loan Files Bankruptcy
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. ...
Landmark Plans 326-Unit Apartment Property Near UC-Berkeley
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 ...
242-Unit Apartment Property Proposed for Berkeley, Calif.
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, ...
Office, R&D Property in Berkeley, Calif., Sells for $22Mln
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, Square Mile Lend $91Mln for Berkeley, Calif., Apartments
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 ...
Redwood Gardens Apartments
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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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
