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Palo Alto investment firm pays nearly $51M for older Santa Clara apartment complex

Palo Alto investment firm pays nearly $51M for older Santa Clara apartment complex

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Palo Alto investment firm pays nearly $51M for older Santa Clara apartment complex
Palo Alto investment firm pays nearly $51M for older Santa Clara apartment complex
Palo Alto investment firm pays nearly $51M for older Santa Clara apartment complex
Palo Alto investment firm pays nearly $51M for older Santa Clara apartment complex
bizjournals bizjournals | 1 year ago
A Palo Alto real estate firm that focuses on apartments bought the 52-year-old multifamily complex for $50.7 million.
A Palo Alto real estate firm that focuses on apartments bought the 52-year-old multifamily complex for $50.7 million.
Philadelphia investment firm pays $98M for Tampa-area apartment complex
Philadelphia investment firm pays $98M for Tampa-area apartment complex
Philadelphia investment firm pays $98M for Tampa-area apartment complex
Philadelphia investment firm pays $98M for Tampa-area apartment complex
bizjournals bizjournals | 1 year ago
The property previously sold for $48.75 million shortly after it was built in 2016.
The property previously sold for $48.75 million shortly after it was built in 2016.
Durham real estate firm triples initial investment with apartment sale
Durham real estate firm triples initial investment with apartment sale
Durham real estate firm triples initial investment with apartment sale
Durham real estate firm triples initial investment with apartment sale
bizjournals bizjournals | 1 year ago
An aging apartment community in Durham has been acquired by a New Jersey company.
An aging apartment community in Durham has been acquired by a New Jersey company.
Palo Alto startup Point raises $115M to help homewners cash in on their equity
Palo Alto startup Point raises $115M to help homewners cash in on their equity
Palo Alto startup Point raises $115M to help homewners cash in on their equity
Palo Alto startup Point raises $115M to help homewners cash in on their equity
bizjournals bizjournals | 1 year ago
A Palo Alto startup that helps homeowners sell some of their equity scored $115 million in new funding on Tuesday to help it expand nationally. Point Digital Finance Inc. said in its funding announcement that the amount of cash it has distributed to homeowners grew by more than 400% in the first quarter of this year, compared to the same period last year. "We expect this additional capital to accelerate our growth as we help cash-constrained homeowners and home buyers build financial stability...
A Palo Alto startup that helps homeowners sell some of their equity scored $115 million in new funding on Tuesday to help it expand nationally. Point Digital Finance Inc. said in its funding announcement that the amount of cash it has distributed to homeowners grew by more than 400% in the first quarter of this year, compared to the same period last year. "We expect this additional capital to accelerate our growth as we help cash-constrained homeowners and home buyers build financial stability...
Lenexa apartment complex acquired by New York investment firm
Lenexa apartment complex acquired by New York investment firm
Lenexa apartment complex acquired by New York investment firm
Lenexa apartment complex acquired by New York investment firm
bizjournals bizjournals | 1 year ago
The joint venture is the seventh in a line of multifamily partnerships between two out-of-town firms.
The joint venture is the seventh in a line of multifamily partnerships between two out-of-town firms.
Robust housing market, office construction help boost Santa Clara County property values
Robust housing market, office construction help boost Santa Clara County property values
Robust housing market, office construction help boost Santa Clara County property values
Robust housing market, office construction help boost Santa Clara County property values
bizjournals bizjournals | 1 year ago
Despite the pandemic overhang, total assessed property values hit nearly $620 billion, thanks to a gonzo home market and a resilient tech industry, Assessor Larry Stone said.
Despite the pandemic overhang, total assessed property values hit nearly $620 billion, thanks to a gonzo home market and a resilient tech industry, Assessor Larry Stone said.
Goldman Sachs pays $184 million for apartment tower in downtown Tampa
Goldman Sachs pays $184 million for apartment tower in downtown Tampa
Goldman Sachs pays $184 million for apartment tower in downtown Tampa
Goldman Sachs pays $184 million for apartment tower in downtown Tampa
bizjournals bizjournals | 1 year ago
The sales price is a 53% increase over what the tower sold for in early 2020.
The sales price is a 53% increase over what the tower sold for in early 2020.
SEC charges Granite with fraud, firm pays $12M
SEC charges Granite with fraud, firm pays $12M
SEC charges Granite with fraud, firm pays $12M
SEC charges Granite with fraud, firm pays $12M
constructiondive constructiondive | 1 year ago
Dive Brief: In the culmination of an investigation that caused Granite Construction to restate three years of its financial results, the Securities and Exchange Commission charged the California-based contractor and a former executive with financial reporting fraud.ย Granite agreed to pay $12 million to settle the SECโ€™s charges against the company. The agency named Granite and former senior vice president Dale Swanberg in its Thursday announcement. It alleged Swanberg, who oversaw Graniteโ€™s...
Dive Brief: In the culmination of an investigation that caused Granite Construction to restate three years of its financial results, the Securities and Exchange Commission charged the California-based contractor and a former executive with financial reporting fraud.ย Granite agreed to pay $12 million to settle the SECโ€™s charges against the company. The agency named Granite and former senior vice president Dale Swanberg in its Thursday announcement. It alleged Swanberg, who oversaw Graniteโ€™s...
Tilden Properties pays $72 million for two Davis apartment complexes
Tilden Properties pays $72 million for two Davis apartment complexes
Tilden Properties pays $72 million for two Davis apartment complexes
Tilden Properties pays $72 million for two Davis apartment complexes
bizjournals bizjournals | 1 year ago
Two Davis apartment properties that never appear to have sold before are now owned by a Bay Area multifamily investor.
Two Davis apartment properties that never appear to have sold before are now owned by a Bay Area multifamily investor.
9 Cities Near San Jose, CA, to Buy or Rent in this Year
9 Cities Near San Jose, CA, to Buy or Rent in this Year
9 Cities Near San Jose, CA, to Buy or Rent in this Year
9 Cities Near San Jose, CA, to Buy or Rent in this Year
redfin redfin | 1 year ago
San Jose, CA, is the heart of Silicon Valley, home to countless tech companies and relatively close proximity to major Bay Area cities like San Francisco and Oakland. There are lots of other reasons besides the job opportunities that draw people to San Jose. From the diverse restaurants, central location, and Mediterranean climate, San Jose is a great place to live.ย  Even with everything San Jose offers, every city has its quirks and flaws. While people may move to San Jose, the cityโ€™s cost o...
San Jose, CA, is the heart of Silicon Valley, home to countless tech companies and relatively close proximity to major Bay Area cities like San Francisco and Oakland. There are lots of other reasons besides the job opportunities that draw people to San Jose. From the diverse restaurants, central location, and Mediterranean climate, San Jose is a great place to live.ย  Even with everything San Jose offers, every city has its quirks and flaws. While people may move to San Jose, the cityโ€™s cost o...