Gilroy Scores Jaw-Dropping $183M Deal To Super-Size Park 315
Dwight Mortgage Trust provided a $183M construction loan for Park 315, a 530‑unit Gilroy development — but city filings and lender materials differ on how many units will be income‑restricted.
Coronet Motel On The Chopping Block As Six-Story Housing Plan Hits Palo Alto
A San Francisco‑based developer filed plans to demolish the Coronet Motel and build a six‑story, 76‑unit apartment building using new state transit rules. The filing leans on SB 79 and SB 330 to preserve today’s development standards.
Mountain View Cul-de-Sac on the Chopping Block for Seven-Story Condo Deal
Mountain View is preparing to vacate Gamel Way to make way for a seven‑story, 216‑unit condo project that includes 44 below‑market units and replacement homes for displaced tenants. The council is expected to vote on the sale terms this September.
Sunnyvale’s Highlander Fetches $69.5 Million As Prometheus Bets On Soaring Rents
Prometheus paid about $69.5M for the 173‑unit Highlander in Sunnyvale as rents rise and supply lags. The deal underscores renewed investor appetite in the South Bay.
Dust Finally Flies at Long‑Troubled Cupertino Cement Plant
Crews have started tearing down buildings at the long‑disputed Permanente cement plant near Cupertino, the first visible phase of a decades‑long cleanup and reclamation effort.
Rural Kentucky River Town Snags Anthropic’s $19 Billion Data Center Deal
Anthropic has locked a 20‑year lease at TeraWulf’s Justified Data campus in Hawesville, KY, a deal TeraWulf projects will bring about $19B in contracted revenue and 401 MW of GPU power by 2028.












