State: California - CA

Silicon Valley Business Journal An affiliate of Property Reserve, the real estate investment arm of the Church of Jesus Christ of Latter-day Saints, has paid $296.67 million, or $898,991/unit, for the Village Residences, a 330-unit apartment property in Mountain View, ...

A venture of Blackstone and LBA Realty has lined up $270 million of CMBS financing against One Culver, a 378,377-square-foot office property in Culver City, Calif. Nomura Holdings originated the two-year loan, which includes three one-year extension options, and pays ...

Multi-Housing News BRIDGE Housing has paid $40.5 million, or $316,406/unit, for the 128-unit Skyline Apartments in southern California's Spring Valley. The San Francisco affordable-housing specialist acquired the property, at 8513 Paradise Valley Road, from LLJ Ventures, which bought it in 2016 ...

The Real Deal Galvanize Real Estate has paid $94 million, or nearly $311/sf, for the 302,450-square-foot Cadillac Court, a four-building industrial complex in Milpitas, Calif. The New York investment manager bought the complex from DRA Advisors, which acquired it two ...

Zurich Alternative Asset Management has paid $47.4 million, or $604.17/sf, for the 78,455-square-foot office property at 410 Townsend St. in San Francisco's South of Market area. The investment manager acquired the four-story brick and timber building from a venture of ...

Commercial Real Estate Direct Staff Report The 585,448-square-foot 225 Bush St. office building in San Francisco was reappraised in March at a value of $228 million. That's a nearly 50% increase from the $153 million appraised value placed on the ...

CIP Real Estate has paid $60.65 million, or just more than $303/sf, for the 200,049-square-foot Walnut Tech Business Center in the Southern California city of Walnut. The Irvine, Calif., investment manager bought the 11-building shallow-bay industrial complex from an affiliate ...