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Woodlands Ranks Among Hottest House Markets in Bay Area – The Real Deal

What Bay Area neighborhood has large homes, wide streets, good schools and lots of room for kids to play? That would be the Woodlands in Walnut Creek, in Contra Costa County — now among the hottest real estate markets in the Bay Area, the San Francisco Chronicle reported, citing figures from Zillow. The value of a  typical home in Woodlands rose 40 percent to $1.46 million in February, from $1.04 million in February 2020. The jump is one of the biggest of any neighborhood in the greater San Francisco market,…

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New Home Builders

Why are Bay Area home prices on the rise again? – NBC Bay Area

New numbers from the California Association of Realtors show the median price for a South Bay home is now $1.8 million, a 20% jump in one year. In San Francisco, the median home costs $1.6 million, which is also a jump over last year. Local realtors said sellers are starting to move past concerns over high mortgage rates and focusing instead on the high return they can get for their houses. The shift means higher home prices and a wider gap between buying and renting in the Bay Area. NBC…

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Silicon Valley billionaires planning Solano County ‘California Forever’ utopia score big win in $510 million fight against farmers – The Mercury News

A map of proposed residential development is displayed as California Forever CEO Jan Sramek, left, talks to a reporter during a press conference on Wednesday, Jan. 17, 2024, at Veterans Memorial Building in Rio Vista, Calif. California Forever unveiled details of its proposed ballot initiative at the press conference. (Dai Sugano/Bay Area News Group) The Silicon Valley billionaires trying to build a utopian city in Solano County scored a major win in court against landowners they accused of conspiring to inflate the prices of their properties. In May last year,…

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San Francisco

insitro Extends Territory with Early Renewal at South San Francisco’s Advanced Technologies Mega Campus – Hoodline

In a significant move within the Bay Area’s bustling biotech hub, Alexandria Real Estate Equities, Inc. has secured an early lease renewal with insitro, as the machine learning-driven drug discovery firm extends its stay on South San Francisco’s mega campus. The six-year renewal for 143,188 square feet at 279 East Grand Avenue, as announced by Alexandria Real Estate Equities, stamps insitro’s commitment to remain on the Alexandria Center for Advanced Technologies – South San Francisco mega campus right through to August 31, 2034. The life sciences real estate investment trust…

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Big San Jose office building heads to foreclosure after loan default – The Mercury News

(George Avalos/Bay Area News Group) 10 West Tasman Drive in north San Jose, an office and research building. SAN JOSE — A big office building in San Jose is nearing a foreclosure proceeding and seizure by its lender, according to Santa Clara County property documents. The office building at 10 West Tasman Drive in north San Jose has become delinquent on a loan from Copia Lending provided that totals $29 million, county real estate records show. Now, real estate officials are pushing forward with a foreclosure proceeding this month to…

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Big San Jose office building heads to foreclosure after loan default – East Bay Times

SAN JOSE — A big office building in San Jose is nearing a foreclosure proceeding and seizure by its lender, according to Santa Clara County property documents. The office building at 10 West Tasman Drive in North San Jose has become delinquent on a loan from Copia Lending that totals $29 million, county real estate records show. Now, real estate officials are pushing forward with a foreclosure proceeding this month to allow the property to be auctioned off to a bidder or returned to its lender to satisfy the unpaid…

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Brian Tolkin, Head of Product, at Opendoor – Interview Series – Unite.AI

Brian Tolkin is the Head of Product at Opendoor,  an online company that buys and sells residential real estate. Headquartered in San Francisco, it makes instant cash offers on homes through an online process, makes repairs on the properties it purchases and relists them for sale. Brian has been an industry leader for over 10 years, previously working as a Group Product Manager at Uber where he led the Shared Rides product group, managing and shipping new products like uberPOOL, uberHOP, and uberEXPRESS. You’re currently the Head of Product at…

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