Millbrae
REAL ESTATE
Joseph Eichler’s personal home sells for $5.5M in Atherton
Getting your Trinity Audio player ready... Each week, Embarcadero Media takes a look at home sales activity along the Midpeninsula in the communities of Atherton, East Palo Alto, Los Altos, Los Altos Hills, Menlo Park, Mountain View, Palo Alto, Portola Valley and Woodside. Home sales are provided by California Resource, a real estate information company that obtains the information from counties’ recorder’s offices. Information is recorded from deeds after the close of escrow and published within four to eight weeks. Here’s a look at home sales activity between May 20 – June 7 that was made public the week of July 1.
Coastside inventory rises as volume falters
This is the time of year when inventory of homes for sale rises and it usually peaks in the 3rd quarter. At the end of the first half of this year, more homes were on the market on the coast than there have been since mid-2020. Today there are 89...
San Francisco apartments are getting bigger again
Data: RentCafe analysis of Yardi Matrix data. Note: Survey excludes cities where the number of units completed in one year was less than 500. Chart: Axios VisualsSan Francisco has some of the smallest apartments in the U.S., but that could be changing.Why it matters: Roomier apartments would be welcome news for renters, who occupy 62% of households in the city.Driving the news: The average San Francisco apartment built in 2023 measured 756 square feet, a nearly 11% increase in size from 2014, per a recent report from rental listing website RentCafe.That came out to a 73-square-foot gain in floor space.In...
Top Real Estate Agent in Menlo Park, CA, Marks 4th Year in Business
This year marks the fourth anniversary of the Dana Carmel Group, a standout real estate agency led by Dana Carmel, a top real estate agent in Menlo Park, CA. Celebrating a milestone in Silicon Valley, Dana and her team are recognized for their unparalleled dedication to clients in one of the nation’s most competitive markets.
Gantry Secures $14.4 Million Construction Takeout Loan for Multifamily Building with Street Level Commercial in Heart of La Jolla
SAN FRANCISCO, CA - Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a $14.4 million loan to retire construction financing for the 801 Pearl class A apartments located at 801 Pearl St. in the heart of La Jolla Village. The recently completed, two-story complex features a mix of modern studios, 1-bedroom and 2-bedroom apartments and includes approximately 3,400 square feet of street level commercial space. The property sits on a high-barrier-to-entry, infill location in a pedestrian-friendly district offering restaurant, entertainment, and natural amenities including the nearby Windansea Beach and La Jolla Cove.
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