Category: New Home Builders
San Ramon senior living complex lands buyer in $20 million-plus deal – The Mercury News
(Google Maps) The Watermark at San Ramon, a senior citizen living center at 12720 Alcosta Boulevard in San Ramon. SAN RAMON — A senior citizen residential complex in the East Bay has been bought by a real estate investment group from the Midwest in a deal that tops $20 million. The Watermark at San Ramon has been bought by an affiliate of real estate firm Welltower, according to documents filed on April 25 at the Contra Costa County Recorder’s Office. Ohio-based Welltower invests in healthcare-related real estate, including properties that…
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Big South Bay real estate portfolio is bought for well over $200 million – The Mercury News
(Google Maps) 591 North King Road in San Jose, an office, commercial and industrial complex. SAN JOSE — A big South Bay portfolio of office, commercial and industrial buildings has been bought by a New York-based real estate investment group in a deal valued at well over $200 million. The buying group paid $222 million for buildings in San Jose, Milpitas and Santa Clara, according to documents filed on May 1 and on May 2 with the Santa Clara County Recorder’s Office. 1001-1021 Cadillac Court, an office and industrial building…
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This $14.5 Million Bay Area Estate Features a Tennis Court and Rose Gardens – Robb Report
Asking around about Piedmont, California, just across the Bay Bridge from San Francisco and right next door to Oakland, one might say it resembles more of a close-knit village than “the City of Millionaires,” which is its historic moniker. Hollywood legend Clint Eastwood, tennis star Brad Gilbert, and Little House on the Prairie’s Dean Butler were raised among the area’s lavish estates and rolling hills. And an elegant mansion set behind gates on an elevated perch above winding Hampton Road, listed for $14.5 million with Ann Newton Cane and Michael Dreyfus of Golden…
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Is this East Bay refinery-turned-housing-development a model for reclaiming contaminated sites? – East Bay Times
HERCULES — On the surface, Victoria by the Bay is a charming neighborhood of 926 homes only a short walk from the shores of San Pablo Bay. But the ground beneath the roughly 200-acre development was once home to the former Pacific Refinery Co., a facility built in 1966 that produced 55,000 barrels of oil daily and stored other hazardous substances in the northernmost corner of Hercules, adjacent to Rodeo. Amid a bleak economic outlook for the fossil fuel industry at the time, the facility was decommissioned in the summer…
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Renting proves to be more affordable than buying a home in largest US metro areas – WEYI
WASHINGTON (TND) — The dream of homeownership remains increasingly difficult for most Americans to achieve due to rising costs. Renting may be the best option for those looking for a house to call their own. A new study from Bankrate found renting is 37% cheaper than buying a typical home in all 50 of the largest U.S. metropolitan areas. As of February 2024, the typical monthly mortgage payment was $2,703 while the average rent was $1,979. We’ve seen home prices go up, mortgage rates go up, [and] inventory is low.…
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