
Sarah Klearman
Commercial Real Estate Reporter at San Francisco Business Times
I cover commercial real estate for @sfbusinesstimes. Get in touch: [email protected]
Articles
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1 week ago |
bizjournals.com | Sarah Klearman
The deal is the latest in a smattering of bets being made on San Francisco's multifamily sector. Presidio Bay Ventures has partnered with Artemis Real Estate Partners to acquire a Mid-Market apartment complex, betting on San Francisco’s multifamily sector as its recovery gets further underway. The pair paid $39.75 million for the 121-unit Olume Apartments at 1401 Mission St., Presidio Bay said in a release.
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1 week ago |
bizjournals.com | Sarah Klearman
The tower would be one of the largest office buildings put up for sale in postpandemic San Francisco. Shorenstein and Blackstone plan to list 45 Fremont St. for sale, bringing the downtown San Francisco office tower to market at the direction of their lender. The pair have tapped real estate investment bank Eastdil Secured to list the 620,000-square-foot building for sale, according to multiple people with knowledge of the matter.
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1 week ago |
bizjournals.com | Sarah Klearman
Preview this article 1 minA residential developer has emerged to take 420 Montgomery St. off the bank's hands. Wells Fargo has selected a buyer for its longtime San Francisco headquarters, a residential developer who plans to convert the 409,000-square-foot office building into housing. Forge Development Partners is in talks to acquire 420 Montgomery St. from the bank (NYSE: WFC), according to multiple people familiar with the matter.
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2 weeks ago |
bizjournals.com | Sarah Klearman
Preview this article 1 minHe's a political neophyte but no stranger to the city's toughest streets. Is his hands-on approach enough to change people's minds about the city's fortunes? This time, the mayor had no choice but to stand back. Daniel Lurie came to a stop as he stepped out of Café de Olla in San Francisco's Mission District, seeing a woman splayed out on the gray sidewalk along 19th Street before him.
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2 weeks ago |
bizjournals.com | Sarah Klearman
Preview this article 1 minThe firm has acquired six multifamily buildings in about as many months. Fortress Investment Group has quietly amassed a portfolio of San Francisco apartment buildings, joining the growing ranks of investors bullish on the city’s multifamily residential market. The New York-based private equity giant has acquired six apartment buildings in San Francisco over the last seven months, public records show, spending almost $33 million to create a 97-unit portfolio.
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