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: Cupertino
Wells Fargo Lends $145Mln for Silicon Valley Office Property
Commercial Real Estate Direct Staff Report Wells Fargo Bank has provided $145 million of mortgage financing against the 357,502-square-foot Towers at Cupertino City Center office property in the Silicon Valley city of Cupertino, Calif. The loan, which will be securitized, ...
Villages at Cupertino
Husky Finco provided a $182.1 million loan to facilitate Rockpoint's purchase.
Rockpoint Group Pays $207.2Mln for Cupertino, Calif., Apartment Property
The Registry Rockpoint Group has paid $207.2 million, or $462,500/unit, for the Villages at Cupertino, a 448-unit apartment complex in Cupertino, Calif. The Boston private equity firm purchased the property from the Koret Foundation of San Francisco. Husky Finco provided ...
94-Unit Apartment Property in Cupertino, Calif., Sells for $66.7Mln
Silicon Valley Business Journal Foothill-De Anza Community College District has paid $66.7 million, or $709,574/unit, for the 94-unit McClellan Terrace Apartments in Cupertino, Calif. It acquired the property from Prometheus Real Estate Group of San Mateo, Calif. McClellan Terrace had ...
Matured Loan on Silicon Valley Hotel Moves to Special Servicing
Commercial Real Estate Direct Staff Report The $30.4 million CMBS loan against the 123-room Aloft Cupertino hotel in the northern California city of Cupertino has transferred to special servicer LNR Partners as it wasn't paid off at its August maturity. ...
Villages at Cupertino
The property, at 20875 Valley Green Drive, is encumbered by a $79.26 million Fannie Mae loan that's securitized through FNA, 2015-M1. It pays a 3.75 percent coupon and is locked out from prepayment until March 2024, three months before its ...
Apple Pays $70Mln for Cupertino, Calif., Office Property
The Mercury News Apple Inc. has paid $70 million, or $434.78/sf, for the 161,000-square-foot office property at 10200 South De Anza Blvd. in Cupertino, Calif. The tech giant purchased the property from Rubicon Point Partners, which had acquired it in 2019 ...
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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.
