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Bay Area housing complex lands key loan despite sour real estate scene – East Bay Times

MILLBRAE — A big transit-oriented development has landed a crucial loan that will buoy the financial fortunes of a residential complex next to a BART station, the project’s developer said. Station 16 Apartments, located near the Millbrae BART station, landed financing to replace a previous construction loan for the apartment complex, according to Republic Urban Properties, the developer of the residences. The apartment complex consists of 320 market-rate units. “Despite the current challenges in the commercial real estate market,” the developer was able to attract the loan from Argentic Real…

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Dunn-Edwards Paints will move into some Kelly-Moore Bay Area stores – Silicon Valley

SAN JOSE — Dunn-Edwards, a big paint retailer, will greatly widen its footprint in Northern California by adding 17 stores in the region, an expansion poised to fill several former Kelly-Moore Paints sites. The 17 paint retailing locations include 10 new stores in the Bay Area and some stores near the region, Dunn-Edwards Paints stated. 4156 Telegraph Avenue in Oakland, a former Kelly-Moore Paints location that Dunn-Edwards Paints has picked for a store site.  The expansion will increase the number of Dunn-Edwards Paints sites in Northern California by more than…

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Dunn-Edwards Paints will move into some Kelly-Moore Bay Area stores – The Mercury News

(Google Maps) Dunn-Edwards Paints store at 1029 Blossom Hill Road in south San Jose. SAN JOSE — Dunn-Edwards, a big paint retailer, will greatly widen its footprint in Northern California by adding 17 stores in the region, an expansion poised to fill several former Kelly-Moore Paints sites. The 17 paint retailing locations include 10 new stores in the Bay Area and some stores near the region, Dunn-Edwards Paints stated. 4156 Telegraph Avenue in Oakland, a former Kelly-Moore Paints location that Dunn-Edwards Paints has picked for a store site. (Google Maps) The…

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Real Estate Marketing

Act Now or Miss Out: The 10 U.S. Cities Where Homes Are Selling Faster Than Anywhere Else – Realtor.com News

The spring housing market may be off to a rocky start, but that doesn’t mean buyers can take it easy if they hope to succeed in purchasing a home. While homes nationwide spent a median of 50 days on the market in March, they’re selling in less than half of that time in certain places, according to the most recent Realtor.com® data for median days on the market in the 200 largest metropolitan areas. These fast-moving markets are spread out across the country, excluding the South. Some of these places…

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Real Estate Marketing

Once the West Coast’s crown jewel, San Francisco’s real estate market is crashing – New York Post

San Francisco, once the crown jewel of the West Coast, is now teetering on the brink of collapse — and it seems like nobody is sounding the alarm. The city’s housing market, in particular, has been hit hard over the past year, with prices plummeting and homeowners fleeing in droves. JPMorgan Chase CEO Jamie Dimon didn’t mince words when he compared San Francisco’s woes to those of New York City, calling the Bay Area “in far worse shape.” A homeless man sleeps on the street of the Tenderloin District in…

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New Home Builders

Bay Area housing complex lands key loan despite sour real estate scene – Silicon Valley

MILLBRAE — A big transit-oriented development has landed a crucial loan that will buoy the financial fortunes of a residential complex next to a BART station, the project’s developer said. Station 16 Apartments, located near the Millbrae BART station, landed financing to replace a previous construction loan for the apartment complex, according to Republic Urban Properties, the developer of the residences. The apartment complex consists of 320 market-rate units. “Despite the current challenges in the commercial real estate market,” the developer was able to attract the loan from Argentic Real…

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