HCD opened a $240M gap fund to push shovel‑ready affordable rental projects forward, a move that could unlock nearly 2,300 homes statewide.

Renderings show a five‑story, 42‑unit affordable housing proposal at 3720 Telegraph Ave in Mosswood, steps from MacArthur BART. The plan emphasizes studios and resident services.

A 155,000‑plus‑SF Newark industrial site marketed for advanced manufacturing changed hands for $28.6M, highlighting investor demand for power‑ready Bay Area facilities.

Core Capital and Gaw Capital filed to repurpose the Courtyard by Marriott at 988 Broadway into about 64 apartments, including seven deed‑restricted units, according to filings. The plan invokes SB 330 and keeps the building’s shell intact.

Grosvenor is winding down direct development in the U.S., selling Union Square properties and marketing major Bay Area sites as it pivots strategy. The move follows pandemic losses and writedowns.

A 206,000‑square‑foot Edgewater Park Plaza near Oakland International Airport is headed to a foreclosure auction after a notice of default flagged nearly $1M in unpaid rent.

The 10‑story Hill Castle tower at 1431 Jackson sold in late March for $6.95M — far below prior county valuations — highlighting distress in downtown Oakland’s rental market.

Walnut Creek's council approved a plan to replace a 450,000‑square‑foot office park with 422 townhomes, including 55 affordable units. The vote ends local appeals and clears the way for permits.

A San José storefront now sits opposite a 518‑unit luxury complex — a local snapshot of how decades of policy choices and concentrated tech wealth reshaped the Bay Area. Low permitting, Prop 13 and concentrated buyer power pushed prices beyond many longtime residents.

Tesla leased about 108,000 sq ft of R&D space in Fremont and took large industrial capacity nearby as it accelerates Optimus development. The moves deepen Fremont’s role in Tesla’s robotics push.

A 27‑unit downtown Oakland building at 316 12th St sold for roughly $8.1M, marking another East Bay multifamily sale at a steep discount.

UC Berkeley research shows many Californians who move out of state find cheaper housing and higher homeownership rates.

Rooted bought a 33‑unit Temescal building and will offer the apartments to Oakland Unified teachers at about half market rent. The acquisition kicks off a plan to assemble dozens more units for educators.