Sobrato can now advance 316 Menlo Park apartments before building 116 planned townhomes. The phased strategy arrives as Silicon Valley rents climb and housing supply stays tight.

A 30-townhome plan near Caltrain is testing California’s new housing law in ultrawealthy Atherton. Six units are designated affordable.

A state warning has turned Menlo Park’s long-running Sunset campus fight into a three-month approval standoff.

Sebastopol’s Monte-Bellaria estate is on the market for $4.995 million, lavender fields, olive groves, bees and all.

Blackstone is shopping San Francisco’s 686-room Hyatt Regency Downtown SOMA, with no asking price disclosed and a future rebrand possible.

JPMorgan Chase is putting nearly $200 million behind a new Dogpatch apartment project and another $15 million into a middle-income housing fund.

Signorello Estate’s rebuilt Napa winery is facing trustee sales totaling more than $37 million. The auction is scheduled for Aug. 21 in downtown Napa.

San Francisco’s century-old Klamath ferry, transformed into a $17 million floating headquarters, is now on the market.

OpenTable is moving to a smaller headquarters at 425 Market Street, keeping its San Francisco base while trimming office space.

Redwood City approved moving a planned affordable housing project closer to downtown, creating 75 homes reserved for older residents.

A seven-story, 98-unit apartment building is proposed for a Palo Alto office site near Caltrain. Thirteen homes would be reserved for low-income tenants.

State estimates put Mountain House at about 30,687 residents after a 5.6% jump; city leaders have launched a General Plan update and housing survey as services feel the strain.

The historic Wilson Building has new owners as investors place another bet on San Francisco’s apartment market.