David Simon Passes Away After Battle with Cancer
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City: San Jose
Venture Pays $74.25Mln for San Jose, Calif., Apartment Property
A venture of Archway Equities and Virtú Investments has paid $74.25 million, or $390,789/unit, for the 190-unit James apartment property in downtown San Jose, Calif. Archway, of Beverly Hills, Calif., and Virtú, of Carlsbad, Calif., purchased the property from Fairfield ...
Duo Apartments
The 10-year loan requires only interest payments for its full term and pays a coupon of 5.37 percent. JRK purchased the property through its JRK Platform V fund, which closed in October 2022 after raising $1 billion of capital. The ...
JRK Property Gets $62.14Mln Freddie Loan for Purchase of San Jose, Calif., Apartments
JRK Property Holdings has lined up a $62.14 million Freddie Mac loan to facilitate the purchase of the 301-unit DUO Apartments in San Jose, Calif. Marcus & Millichap's Institutional Property Advisors unit arranged the 10-year loan, which requires only interest ...
San Jose Industrial Center
The property is fully leased by Varian Medical Systems. It has 32-foot clear heights, nine dock positions, one ground-level door, office space and early suppression, fast-response sprinkler systems.
JRK Pays $93.5Mln for San Jose, Calif., Apartment Property
Commercial Real Estate Direct Staff Report JRK Property Holdings has paid $93.5 million, or $310,631/unit, for the 301-unit Duo Apartments in San Jose, Calif. The Los Angeles investment manager purchased the property from its developer, Fairfield Residential of San Diego, ...
272-Unit Apartment Property Planned for San Jose, Calif.
REBusiness Online An affiliate of Urban Catalyst will break ground soon on Aquino, a 272-unit apartment property in downtown San Jose, Calif. The local developer is building the property at the intersection of West San Carlos and Josefa streets. Aquino ...
Prologis Pays $38Mln for San Jose Industrial Property
The Real Deal Prologis has paid $38 million, or $342.34/sf, for the 111,000-square-foot San Jose Industrial Center in San Jose, Calif. The San Francisco industrial REIT purchased the property from an undisclosed seller. The property, at 6212 Hellyer Ave., was ...
211 River Oaks Parkway
The buyer could not yet be confirmed, but the site is slated to be converted to multifamily use. Valley Oak Partners of San Jose has proposed building a 737-unit property on the site.
Owner of San Jose Office Property Defaults on $31Mln Loan
The Real Deal Nazare Asset Management has defaulted on $31 million of debt against the 148,819-square-foot office property at 152 North 3rd St. in San Jose, Calif. Nazare is the private family office of Adam Neumann, the former chief executive ...
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