Rocket EMS paid just under $18.8M for a foreclosed 78,000‑sf San Jose office‑research building at 5729 Fontanoso Way.

A developer payment tied to VTA land has cleared the way for a 10‑story, 195‑unit affordable tower at 1565 Mabury Road in Berryessa. Financing mixes Citibank bonds, state funds and local loans.

SB Energy plans a confidential U.S. IPO after raising more than $1.8 billion to build power and data‑center campuses that support AI infrastructure.

USA Properties Fund paid $11.5M for a Centerville parcel that will fund Centerville Plaza — planned as a 290‑unit, 100% affordable development with phased financing.

San Jose planners approved a seven‑story, 272‑unit, 100% affordable apartment at 860 West San Carlos; developers have applied for tax credits and bond cap to finance construction.

An Office Depot site on El Monte Avenue has been sold and is slated to become a 120‑unit affordable housing project led by CRDC and The Danco Group.

Palo Alto’s City Council on May 18 advanced a tentative map allowing a developer to split an estate lot into nine parcels and 16 homes despite neighbors’ fire‑safety warnings. The move was fueled by recent state housing laws that narrow local discretion.

An eight‑acre Los Altos Hills estate at 27500 La Vida Real is listed near $37M, featuring a retractable‑roof pool and infrastructure built for heavy tech use. The asking price underscores tight high‑end inventory in the Bay Area.

Palo Alto’s City Council unanimously approved a seven-story, 183-unit building at 3781 El Camino Real, including roughly 23 below-market-rate units. The project used state housing rules to speed approval and fits new El Camino Real zoning.

A two-phase plan would convert the Caravelle Inn into 58 studios and add a 45-unit building, producing more than 100 apartments near North First transit.

Santa Clara University and Sutter Health will open the Mark & Mary Stevens School of Medicine after a $175M gift, a move aimed at expanding physician training in Silicon Valley.

A 2015 Atherton estate at 190 Almendral Avenue sold for $32.5M on March 30 and ranked ninth among March 2026’s priciest U.S. home sales. The trade follows a string of high‑end deals nationally.

Rubicon Point Partners paid about $87.2 million for Shockwave Medical’s Santa Clara campus, at a notable discount to its county‑assessed value.