San Jose
Redfin: San Francisco, Seattle, Listed as Markets with Most Bidding Wars
SEATTLE — Nationwide, 49.7% of home offers written by Redfin agents faced bidding wars in December, according to a new report from Redfin, the technology-powered real...
77 Percent of Metros Post Double-Digit Annual Home Price Gains in Q3 2020
Profit Margins Hit New Highs Even as Coronavirus Pandemic Damages National Economy; Margins Increase in Almost 90 Percent of Markets Across Nation; Median...
PGIM Real Estate Arranges $482MM Fannie Mae Credit Facility for Six Sobrato Multifamily Assets
LOS ANGELES – PGIM Real Estate has arranged a $482 million Fannie Mae credit facility collateralized by six multifamily properties located on the West...
While Some Markets Defy All Odds, National Apartment Construction Hits Five-Year Low
By Meghan Hall After nearly seven successive years of increasing apartment deliveries, apartment construction in the United States began to decline in 2019....
Oregon Pension Fund Provides Additional $300MM to Ascentris Relationship, Will Target Seattle
By Jon Peterson The Oregon Public Employees Retirement Fund will continue to seek investment opportunities in commercial real estate across a number of...
Black Creek Hits $1.9B in Commitments for Industrial Fund with Puget Sound as Potential Investment Market
By Jon Peterson Denver-based Black Creek Group has now reached a total amount of commitments of $1.9 billion for its Black Creek Industrial Fund,...
Swift Concludes Capital Raise on Fund III at $503MM
By Jon Peterson San Francisco-based Swift Real Estate Partners has completed its final capital raise of approximately $503 million for its Swift Real Estate...
Report Shows U.S. Multifamily Industry Contributes $3.4T to National Economy
By Meghan Hall As the U.S. economy continues to plough ahead, with employment growth remaining steady and demand for multifamily product on the...
Redfin Report: New-Home Supply Down 1% in the Second Quarter, the Biggest Decline in 6 Years
SEATTLE, Aug. 13, 2019 — (NASDAQ: RDFN) — Sale prices for newly built homes dropped 0.5 percent year over year to a median...
Yardi Matrix: National Multifamily Market Shows No Signs of Waning
By Meghan Hall The national multifamily market continues to benefit from the current, robust economic cycle, with rent growth increasing by two percent in...
Redfin Report: 11% of Redfin Home-Purchase Offers Faced Competition in July, the Lowest Rate Since at Least 2011
San Francisco, San Diego and Boston were the most competitive markets in July, though homebuyers are less than half as likely to face...
Redfin Report: Luxury Home Prices Up 1% Amid Falling Sales and Surging Supply in the Second Quarter
High-end market remains chilly despite a modest rebound in prices SEATTLE, (Aug. 6, 2019) — The average sale price for luxury homes nationwide increased...
