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<title>Bisnow News Feed</title>
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<description>Bisnow San Francisco News</description>
<docs>http://blogs.law.harvard.edu/tech/rss</docs>
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<title>San Francisco, San Jose Most Expensive Markets For Office Improvements</title>
<link>https://www.bisnow.com/san-francisco/news/construction-development/san-francisco-san-jose-most-expensive-markets-office-improvements-134046</link>
<guid>https://www.bisnow.com/san-francisco/news/construction-development/san-francisco-san-jose-most-expensive-markets-office-improvements-134046</guid>
<description>Office tenant improvement costs are higher in the Bay Area than anywhere else in the country as the region rides a wave of leasing that has sparked optimism for a continued rebound.
In San Francisco and San Jose, office renovation costs $228 and $224...</description>
<author>rob.sabo@bisnow.com</author>
<pubDate>Wed, 08 Apr 2026 19:23:59 -0400</pubDate>
<content:encoded><![CDATA[Office tenant improvement costs are higher in the Bay Area than anywhere else in the country as the region rides a wave of leasing that has sparked optimism for a continued rebound.
In San Francisco and San Jose, office renovation costs $228 and $224 per SF, respectively, well above the national average of $149 per SF, according to a report from Cushman & Wakefield. Nationwide, these costs are up 5.5% over the previous year.
The Bay Area’s higher rates are driven by labor costs, trade unions, energy regulation and elevated operating expenses, according to Cushman.
Electrical work represents the single largest expense for...]]></content:encoded>
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<title>AI Company Glean Leases 67K SF Mountain View Space</title>
<link>https://www.bisnow.com/san-francisco/news/office/ai-enterprise-startup-glean-leases-62k-sf-in-mountain-view-134070</link>
<guid>https://www.bisnow.com/san-francisco/news/office/ai-enterprise-startup-glean-leases-62k-sf-in-mountain-view-134070</guid>
<description>Artificial intelligence startup Glean subleased 62K SF of office space at 331 E. Evelyn Ave. in Mountain View from biotech company Heartflow.
Palo Alto-based Glean offers an AI-driven search function that allows a business' employees to search internal...</description>
<author>rob.sabo@bisnow.com</author>
<pubDate>Thu, 09 Apr 2026 17:38:30 -0400</pubDate>
<content:encoded><![CDATA[Artificial intelligence startup Glean subleased 62K SF of office space at 331 E. Evelyn Ave. in Mountain View from biotech company Heartflow.
Palo Alto-based Glean offers an AI-driven search function that allows a business' employees to search internal corporate data, create content and automate tasks.
The lease was first reported by the Silicon Valley Business Journal.
In December, Glean said it had doubled its annual recurring revenue to $200M. The company employs more than 1,000 globally and has customers in over 27 countries.
Glean did not immediately respond to a request for comment.
Heartflow listed the space for sublease as a way to shave costs from its hefty...]]></content:encoded>
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<title>Anthropic Cements 240K SF Lease On Howard Street</title>
<link>https://www.bisnow.com/san-francisco/news/office/anthropic-cements-240k-sf-lease-howard-street-133989</link>
<guid>https://www.bisnow.com/san-francisco/news/office/anthropic-cements-240k-sf-lease-howard-street-133989</guid>
<description>Artificial intelligence startup Anthropic committed to its burgeoning office footprint in downtown San Francisco by signing a direct lease for 240K SF at 500 Howard St.</description>
<author>rob.sabo@bisnow.com</author>
<pubDate>Mon, 06 Apr 2026 16:32:01 -0400</pubDate>
<content:encoded><![CDATA[Artificial intelligence startup Anthropic committed to its burgeoning office footprint in downtown San Francisco by signing a direct lease for 240K SF at 500 Howard St.]]></content:encoded>
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<title>Shvo Gets $34M In $691M Transamerica Pyramid Sale</title>
<link>https://www.bisnow.com/san-francisco/news/office/transamerica-pyramid-changes-hands-at-steep-discount-133970</link>
<guid>https://www.bisnow.com/san-francisco/news/office/transamerica-pyramid-changes-hands-at-steep-discount-133970</guid>
<description>The Transamerica Pyramid has officially sold to Cyprus-based Yoda PLC for $691M, with Michael Shvo and his companies collecting an additional $34M commission.
The sales price represents a loss for the ownership group, which poured nearly $1B into the...</description>
<author>rob.sabo@bisnow.com</author>
<pubDate>Thu, 02 Apr 2026 16:12:51 -0400</pubDate>
<content:encoded><![CDATA[The Transamerica Pyramid has officially sold to Cyprus-based Yoda PLC for $691M, with Michael Shvo and his companies collecting an additional $34M commission.
The sales price represents a loss for the ownership group, which poured nearly $1B into the iconic tower, including its $650M purchase in 2020 and millions spent on renovations.
The eight-figure payout includes commissions for representing both sides of the transaction as well as buyout of Shvo’s right-of-first-offer agreement and termination of services on the office building, The Real Deal reported.
Shvo did not respond to a request for comment on the commission.
Shvo, Deutsche Finance America and German pension fund Bayerische Versorgungskammer...]]></content:encoded>
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<title>Pfizer To End Bay Area Presence With South San Francisco Office Closure</title>
<link>https://www.bisnow.com/san-francisco/news/office/pfizer-to-close-oyster-point-offices-at-end-of-april-133928</link>
<guid>https://www.bisnow.com/san-francisco/news/office/pfizer-to-close-oyster-point-offices-at-end-of-april-133928</guid>
<description>Pfizer plans to shutter its South San Francisco research offices on April 30, ending its short tenure in the city.
Pfizer planted its flag in South San Francisco in 2022 when it acquired Global Blood Therapeutics for $5.4B. Two years later, Pfizer sought...</description>
<author>rob.sabo@bisnow.com</author>
<pubDate>Tue, 31 Mar 2026 16:41:43 -0400</pubDate>
<content:encoded><![CDATA[Pfizer plans to shutter its South San Francisco research offices on April 30, ending its short tenure in the city.
Pfizer planted its flag in South San Francisco in 2022 when it acquired Global Blood Therapeutics for $5.4B. Two years later, Pfizer sought to sublease about 91K SF of its 164K SF office space over five floors at 181 Oyster Point Blvd., the San Francisco Chronicle first reported. The sublease included office and lab space.
The company said it will close the office completely, and all employees at the site will begin working remotely.
“After careful evaluation, Pfizer has decided to close its South San...]]></content:encoded>
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<title>SFF Realty Partners Raises $500M For Bay Area Property Acquisitions</title>
<link>https://www.bisnow.com/san-francisco/news/capital-markets/sff-realty-partners-raises-500m-for-bay-area-property-acquisitions-133899</link>
<guid>https://www.bisnow.com/san-francisco/news/capital-markets/sff-realty-partners-raises-500m-for-bay-area-property-acquisitions-133899</guid>
<description>San Francisco-based private investment firm SFF Realty Partners completed a $500M fundraise to acquire properties in the Bay Area.
SFF Realty Partners, formerly known as PSAI Realty Partners, raised the investment capital in a one-year timeframe, the...</description>
<author>rob.sabo@bisnow.com</author>
<pubDate>Mon, 30 Mar 2026 16:14:43 -0400</pubDate>
<content:encoded><![CDATA[San Francisco-based private investment firm SFF Realty Partners completed a $500M fundraise to acquire properties in the Bay Area.
SFF Realty Partners, formerly known as PSAI Realty Partners, raised the investment capital in a one-year timeframe, the Silicon Valley Business Journal reported.
SFF Realty Partners said the investor pool for SFF Realty Fund V consisted mainly of foundations and endowments, the SVBJ reported. Twenty-six investors contributed just over $291M to the fund, according to Securities and Exchange Commission filings.
The fund lists Michael Feldmen, Erik Foraker and Casey Holt as executives. Peter Sullivan, who founded PSAI Realty Partners in 1991, isn’t listed as a partner in...]]></content:encoded>
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<title>Gladstone Institutes Leases Additional 105K SF In Mission Bay</title>
<link>https://www.bisnow.com/san-francisco/news/life-sciences/gladstone-institutes-leases-105k-sf-mission-bay-133827</link>
<guid>https://www.bisnow.com/san-francisco/news/life-sciences/gladstone-institutes-leases-105k-sf-mission-bay-133827</guid>
<description>Biomedical research nonprofit Gladstone Institutes leased 105K SF of lab space in a new Mission Bay building at 1450 Owens St.
The building will house about 300 scientists across 20 different laboratories, Gladstone Institutes said in a news release....</description>
<author>rob.sabo@bisnow.com</author>
<pubDate>Wed, 25 Mar 2026 15:20:30 -0400</pubDate>
<content:encoded><![CDATA[Biomedical research nonprofit Gladstone Institutes leased 105K SF of lab space in a new Mission Bay building at 1450 Owens St.
The building will house about 300 scientists across 20 different laboratories, Gladstone Institutes said in a news release. The Owens Street building is a stone’s throw from Gladstone’s 200K SF headquarters at 1650 Owens St., which it has occupied since 2004.
Alexandria Real Estate Equities developed the property, which is expected to come online in 2027. Gladstone said it plans to move its data science and genomic immunology institutes to the Owens Street building, which frees space for its cardiovascular, neurological and infectious disease...]]></content:encoded>
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<title>OpenAI Leases 5-Building Mountain View Office Campus</title>
<link>https://www.bisnow.com/san-francisco/news/office/openai-leases-5-building-mountain-view-office-campus-133783</link>
<guid>https://www.bisnow.com/san-francisco/news/office/openai-leases-5-building-mountain-view-office-campus-133783</guid>
<description>OpenAI leased a five-building, 450K SF office campus at 350-380 Ellis St. in Mountain View, California.
Owners KKR Real Estate Finance Trust and TMG Partners spent the past two years upgrading the campus inside and out, adding dining options and a 2-acre...</description>
<author>molly.armbrister@bisnow.com</author>
<pubDate>Mon, 23 Mar 2026 14:41:27 -0400</pubDate>
<content:encoded><![CDATA[OpenAI leased a five-building, 450K SF office campus at 350-380 Ellis St. in Mountain View, California.
Owners KKR Real Estate Finance Trust and TMG Partners spent the past two years upgrading the campus inside and out, adding dining options and a 2-acre amenity zone that includes a tennis court and a sand volleyball court.
The redevelopment was designed to meet demand for amenity-rich offices in Silicon Valley, TMG President Ben Kochalski said in a release.
The lease is just the latest in the Bay Area for OpenAI, which has leased a few large office spaces in San Francisco in the last three years.
In 2024, the company finalized...]]></content:encoded>
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<title>Mack Selling $100M Debt Tied To Historic San Francisco Federal Reserve Building</title>
<link>https://www.bisnow.com/san-francisco/news/investment/100m-debt-tied-to-historic-sf-fed-reserve-building-hits-market-133745</link>
<guid>https://www.bisnow.com/san-francisco/news/investment/100m-debt-tied-to-historic-sf-fed-reserve-building-hits-market-133745</guid>
<description>Mack Real Estate Group of New York City is offloading nonperforming debt totaling $100M that is secured by the former Federal Reserve Bank of San Francisco building at 301 Battery St. in the city’s North Financial District.
The debt is being brought...</description>
<author>rob.sabo@bisnow.com</author>
<pubDate>Thu, 19 Mar 2026 17:51:07 -0400</pubDate>
<content:encoded><![CDATA[Mack Real Estate Group of New York City is offloading nonperforming debt totaling $100M that is secured by the former Federal Reserve Bank of San Francisco building at 301 Battery St. in the city’s North Financial District.
The debt is being brought to market by CBRE, the San Francisco Business Times reported on Monday. The 208K SF building features an entry with eight 25-foot-tall marble columns facing Sansome Street. The building housed the Federal Reserve Bank of San Francisco for more than six decades upon its completion in 1924.
The commercial lending and debt investment division of Mack Real Estate funded the...]]></content:encoded>
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<title>3.1M SF Logistics Park Slated For Oakley In East Bay</title>
<link>https://www.bisnow.com/san-francisco/news/industrial/31m-sf-logistics-park-oakley-east-bay-133727</link>
<guid>https://www.bisnow.com/san-francisco/news/industrial/31m-sf-logistics-park-oakley-east-bay-133727</guid>
<description>The city of Oakley on March 10 approved a nearly 3.2M SF industrial and logistics campus on 164 acres in rural eastern Contra Costa County, about 50 miles east of San Francisco.
The Bridgehead Industrial Project would span 10 buildings and take approximately...</description>
<author>rob.sabo@bisnow.com</author>
<pubDate>Wed, 18 Mar 2026 19:23:48 -0400</pubDate>
<content:encoded><![CDATA[The city of Oakley on March 10 approved a nearly 3.2M SF industrial and logistics campus on 164 acres in rural eastern Contra Costa County, about 50 miles east of San Francisco.
The Bridgehead Industrial Project would span 10 buildings and take approximately six to 10 years to fully build out, the San Francisco Business Times reported. It would be the largest industrial project in the growing North Interstate 680 industrial corridor that also includes the cities of Antioch and Pittsburg.
A data center was part of the initial development plan, but developer JB2 Partners and property owner Oxfoot Oakley LLC shelved that...]]></content:encoded>
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<title>Shvo, BVK, Deutsche Finance Poised To Sell Transamerica Pyramid</title>
<link>https://www.bisnow.com/san-francisco/news/capital-markets/shvo-transamerica-pyramid-sale-133376</link>
<guid>https://www.bisnow.com/san-francisco/news/capital-markets/shvo-transamerica-pyramid-sale-133376</guid>
<description>The Transamerica Pyramid, a standout on San Francisco's skyline that developer Michael Shvo renovated into a trophy office tower commanding market-topping rents, is in line to be sold. </description>
<author>molly.armbrister@bisnow.com</author>
<pubDate>Tue, 24 Feb 2026 15:57:53 -0500</pubDate>
<content:encoded><![CDATA[The Transamerica Pyramid, a standout on San Francisco's skyline that developer Michael Shvo renovated into a trophy office tower commanding market-topping rents, is in line to be sold. ]]></content:encoded>
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<title>The Real Estate Broker Who's Done $4.1B In Deals And Helped Barry Bonds Hit 762 Home Runs</title>
<link>https://www.bisnow.com/national/news/top-talent/broker-40-year-giants-bp-pitcher-dual-career-john-yandle-133295</link>
<guid>https://www.bisnow.com/national/news/top-talent/broker-40-year-giants-bp-pitcher-dual-career-john-yandle-133295</guid>
<description>As Major League Baseball's spring training fully kicks off with the start of games on Friday, Newmark Executive Managing Director John Yandle will trade a briefcase for a ballcap, ascend the dirt-packed pitching mound and hurl cookies over the plate for...</description>
<author>ryan.wangman@bisnow.com</author>
<pubDate>Wed, 18 Feb 2026 14:48:04 -0500</pubDate>
<content:encoded><![CDATA[As Major League Baseball's spring training fully kicks off with the start of games on Friday, Newmark Executive Managing Director John Yandle will trade a briefcase for a ballcap, ascend the dirt-packed pitching mound and hurl cookies over the plate for hitters to feast on.  
This is a familiar routine for the 71-year-old real estate veteran, who led a professional double life for four decades as the San Francisco Giants' left-handed batting practice pitcher while also closing $4.1B worth of deals in the boardroom. 
Yandle has grooved pitches for Barry Bonds — while inking major agreements with companies like Microsoft — in a career arc...]]></content:encoded>
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<title>Presidio Bay Ventures Buys Mission District Office For $27.5M</title>
<link>https://www.bisnow.com/san-francisco/news/office/presidio-bay-buys-mission-district-office-for-275m-133135</link>
<guid>https://www.bisnow.com/san-francisco/news/office/presidio-bay-buys-mission-district-office-for-275m-133135</guid>
<description>Presidio Bay Ventures is back in buying mode in San Francisco, picking up 333 Valencia St. in the city’s Mission District.
The local investor purchased the 56K SF office building for $27.5M from a joint venture including Prado Group, Murray Hill Partners...</description>
<author>molly.armbrister@bisnow.com</author>
<pubDate>Mon, 09 Feb 2026 16:18:37 -0500</pubDate>
<content:encoded><![CDATA[Presidio Bay Ventures is back in buying mode in San Francisco, picking up 333 Valencia St. in the city’s Mission District.
The local investor purchased the 56K SF office building for $27.5M from a joint venture including Prado Group, Murray Hill Partners and Angelo Gordon, the San Francisco Business Times reported. That group previously invested $20M in improving the building. The joint venture tried to sell it in 2021 for around $60M, according to The Registry.
Presidio Bay has been investing in Bay Area real estate since the pandemic. The company bought 60 Spear St. for $41M in 2023 and submitted plans last...]]></content:encoded>
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<title>Northern California City To Gain Open-Air Retail Center Anchored By Sprouts Farmers Market</title>
<link>https://www.bisnow.com/san-francisco/news/retail/ellisvillage-sprouts-regencycenters-studiob-132811</link>
<guid>https://www.bisnow.com/san-francisco/news/retail/ellisvillage-sprouts-regencycenters-studiob-132811</guid>
<description>Regency Centers has broken ground on Ellis Village Center, an outdoor retail destination in Tracy, California. Anchored by a 23K SF specialty grocery store, Sprouts Farmers Market, the project is adjacent to the upscale Ellis Master-Planned Community...</description>
<author>marynia.kruk@bisnow.com</author>
<pubDate>Tue, 20 Jan 2026 15:15:22 -0500</pubDate>
<content:encoded><![CDATA[Regency Centers has broken ground on Ellis Village Center, an outdoor retail destination in Tracy, California. Anchored by a 23K SF specialty grocery store, Sprouts Farmers Market, the project is adjacent to the upscale Ellis Master-Planned Community under development.
The grocer, together with a curated mix of shops, restaurants and service providers, will serve as a built-in ecosystem for the rapidly growing and affluent community. The average household income within a one-mile radius of Ellis Village Center is $187K.
Slated for completion in late 2026, Ellis Village Center is located in a high-barrier-to-entry area and is the culmination of a 20-year effort between the developer and...]]></content:encoded>
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<title>German Pension Fund Seeks To Exit Shvo Relationship As Losses Mount </title>
<link>https://www.bisnow.com/national/news/capital-markets/german-pension-fund-seeks-to-exit-shvo-relationship-as-losses-mount-133053</link>
<guid>https://www.bisnow.com/national/news/capital-markets/german-pension-fund-seeks-to-exit-shvo-relationship-as-losses-mount-133053</guid>
<description>Germany's largest pension fund may be reversing course on its decision to back developer Michael Shvo as it warns that its investments are likely to result in heavy losses.
Bayerische Versorgungskammer invested a total of €1.6B, or nearly $1.9B, in...</description>
<author>sasha.jones@bisnow.com</author>
<pubDate>Tue, 03 Feb 2026 18:15:58 -0500</pubDate>
<content:encoded><![CDATA[Germany's largest pension fund may be reversing course on its decision to back developer Michael Shvo as it warns that its investments are likely to result in heavy losses.
Bayerische Versorgungskammer invested a total of €1.6B, or nearly $1.9B, in seven projects through a partnership with Deutsche Finance America and Michael Shvo, the pension fund said in a December statement. After previously writing down approximately €163M of its investment, the pension fund announced that it expected another €690M hit. That means losses could total €853M, or more than $1B. ]]></content:encoded>
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<title>Menlo Park Office Trades For $103M: The Bay Area Deal Sheet</title>
<link>https://www.bisnow.com/san-francisco/news/deal-sheet/menlo-park-office-trades-for-103m-in-fully-leased-sale-the-bay-area-deal-sheet-132927</link>
<guid>https://www.bisnow.com/san-francisco/news/deal-sheet/menlo-park-office-trades-for-103m-in-fully-leased-sale-the-bay-area-deal-sheet-132927</guid>
<description>Four Corners Properties and CBRE closed the $103M sale of 1540 El Camino Real, a 45K SF trophy office building in Menlo Park, to an undisclosed buyer. FCP acquired the property in 2022 for $23M.
The building is 100% leased to tenants including law...</description>
<author>lauren.herstik@bisnow.com</author>
<pubDate>Tue, 27 Jan 2026 15:45:41 -0500</pubDate>
<content:encoded><![CDATA[Four Corners Properties and CBRE closed the $103M sale of 1540 El Camino Real, a 45K SF trophy office building in Menlo Park, to an undisclosed buyer. FCP acquired the property in 2022 for $23M.
The building is 100% leased to tenants including law firm Sheppard Mullin and investment firm Glynn Capital, according to the Silicon Valley Business Journal.]]></content:encoded>
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<title>Despite AI Boom, Future Of California's Data Center Market Remains 'An Open Question'</title>
<link>https://www.bisnow.com/national/news/data-center-development/an-open-question-despite-ai-boom-californias-data-center-market-faces-uncertain-future-132887</link>
<guid>https://www.bisnow.com/national/news/data-center-development/an-open-question-despite-ai-boom-californias-data-center-market-faces-uncertain-future-132887</guid>
<description>California is losing its status as a data center hotbed.
But developers are still finding opportunity in the state, while local governments are getting creative to help data center firms overcome California’s high costs, resource shortages and famously...</description>
<author>dan.rabb@bisnow.com</author>
<pubDate>Sun, 25 Jan 2026 10:10:03 -0500</pubDate>
<content:encoded><![CDATA[California is losing its status as a data center hotbed.
But developers are still finding opportunity in the state, while local governments are getting creative to help data center firms overcome California’s high costs, resource shortages and famously high regulatory hurdles. ]]></content:encoded>
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<title>California Forever Signs 40-Year Construction Labor Agreement</title>
<link>https://www.bisnow.com/san-francisco/news/construction-development/california-forever-signs-40-year-labor-agreement-132843</link>
<guid>https://www.bisnow.com/san-francisco/news/construction-development/california-forever-signs-40-year-labor-agreement-132843</guid>
<description>California Forever signed a 40-year construction labor agreement covering nearly all major building activity in its proposed new city, which includes a shipyard and advanced manufacturing park. Approvals for the project are pending.</description>
<author>lauren.herstik@bisnow.com</author>
<pubDate>Wed, 21 Jan 2026 17:35:09 -0500</pubDate>
<content:encoded><![CDATA[California Forever signed a 40-year construction labor agreement covering nearly all major building activity in its proposed new city, which includes a shipyard and advanced manufacturing park. Approvals for the project are pending.]]></content:encoded>
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<title>San Francisco's Office Market Could 'Prove Itself' In 2026</title>
<link>https://www.bisnow.com/san-francisco/news/office/san-francisco-developers-are-stepping-back-up-to-the-starting-line-for-new-office-132796</link>
<guid>https://www.bisnow.com/san-francisco/news/office/san-francisco-developers-are-stepping-back-up-to-the-starting-line-for-new-office-132796</guid>
<description>San Francisco’s office market began to set itself right in 2025, riding a wave of artificial intelligence-related leasing that allowed the city’s weary boosters a toehold on the long climb back to pre-pandemic momentum.
The healing market has brought...</description>
<author>lauren.herstik@bisnow.com</author>
<pubDate>Mon, 19 Jan 2026 17:26:56 -0500</pubDate>
<content:encoded><![CDATA[San Francisco’s office market began to set itself right in 2025, riding a wave of artificial intelligence-related leasing that allowed the city’s weary boosters a toehold on the long climb back to pre-pandemic momentum.
The healing market has brought some developers back to the city, with major players such as Hines and Lincoln Property Co. in the early stages of office projects. And as 2026 gains momentum, office brokers in the city are hoping for another strong year that cements and defines this progress.
“The momentum in 2025 just really started to show up in data versus vibe,” Newmark Vice Chairman Christina...]]></content:encoded>
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<title>Vanderbilt Closes Deal For Expansion Into San Francisco </title>
<link>https://www.bisnow.com/san-francisco/news/commercial-real-estate/vanderbilt-closes-deal-for-expansion-into-san-francisco-132708</link>
<guid>https://www.bisnow.com/san-francisco/news/commercial-real-estate/vanderbilt-closes-deal-for-expansion-into-san-francisco-132708</guid>
<description>Vanderbilt University purchased the California College of the Arts building at 145 Hooper St. in the Potrero Hill neighborhood, where it plans to open a full-time campus in fall 2027, the San Francisco Chronicle reported. The terms of the deal were not...</description>
<author>lauren.herstik@bisnow.com</author>
<pubDate>Tue, 13 Jan 2026 18:04:03 -0500</pubDate>
<content:encoded><![CDATA[Vanderbilt University purchased the California College of the Arts building at 145 Hooper St. in the Potrero Hill neighborhood, where it plans to open a full-time campus in fall 2027, the San Francisco Chronicle reported. The terms of the deal were not disclosed.]]></content:encoded>
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<title>Healthpeak Buys South San Francisco Lab Campus For $600M As Part Of Larger Buying Spree</title>
<link>https://www.bisnow.com/san-francisco/news/life-sciences/healthpeak-announces-925m-in-transactions-anchored-by-600m-south-san-francisco-campus-purchase-132672</link>
<guid>https://www.bisnow.com/san-francisco/news/life-sciences/healthpeak-announces-925m-in-transactions-anchored-by-600m-south-san-francisco-campus-purchase-132672</guid>
<description>Healthpeak Properties completed the purchase of the Gateway Boulevard healthcare campus in South San Francisco for $600M, part of a run of transaction activity totaling $925M, according to Healthpeak CEO Scott Brinker. </description>
<author>lauren.herstik@bisnow.com</author>
<pubDate>Mon, 12 Jan 2026 13:07:48 -0500</pubDate>
<content:encoded><![CDATA[Healthpeak Properties completed the purchase of the Gateway Boulevard healthcare campus in South San Francisco for $600M, part of a run of transaction activity totaling $925M, according to Healthpeak CEO Scott Brinker. ]]></content:encoded>
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<title>Nvidia And Eli Lilly To Invest $1B In Silicon Valley AI Lab</title>
<link>https://www.bisnow.com/san-francisco/news/life-sciences/nvidia-eli-lilly-to-invest-1b-in-silicon-valley-ai-lab-132666</link>
<guid>https://www.bisnow.com/san-francisco/news/life-sciences/nvidia-eli-lilly-to-invest-1b-in-silicon-valley-ai-lab-132666</guid>
<description>Nvidia and Eli Lilly and Co. are partnering to build an artificial intelligence-powered laboratory in Silicon Valley, a push to deepen AI technology's influence in biotechnology and the pharmaceutical industry.</description>
<author>sasha.jones@bisnow.com</author>
<pubDate>Mon, 12 Jan 2026 11:28:48 -0500</pubDate>
<content:encoded><![CDATA[Nvidia and Eli Lilly and Co. are partnering to build an artificial intelligence-powered laboratory in Silicon Valley, a push to deepen AI technology's influence in biotechnology and the pharmaceutical industry.]]></content:encoded>
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<title>Columbia Property Trust Defaults Again On $1.7B Loan Tied To 650 California</title>
<link>https://www.bisnow.com/san-francisco/news/office/columbia-property-trust-defaults-on-17b-loan-backing-office-portfolio-132608</link>
<guid>https://www.bisnow.com/san-francisco/news/office/columbia-property-trust-defaults-on-17b-loan-backing-office-portfolio-132608</guid>
<description>Columbia Property Trust received a new notice of default tied to a $1.7B loan secured by a portfolio of office properties including 650 California St., the San Francisco Business Times reported. </description>
<author>lauren.herstik@bisnow.com</author>
<pubDate>Wed, 07 Jan 2026 17:00:33 -0500</pubDate>
<content:encoded><![CDATA[Columbia Property Trust received a new notice of default tied to a $1.7B loan secured by a portfolio of office properties including 650 California St., the San Francisco Business Times reported. ]]></content:encoded>
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<title>Paramount Group Shareholders Approve REIT's Sale, Reject CEO's $34M Exit Package</title>
<link>https://www.bisnow.com/national/news/office/stockholders-approve-new-york-reit-merger-reject-ceos-payout-132434</link>
<guid>https://www.bisnow.com/national/news/office/stockholders-approve-new-york-reit-merger-reject-ceos-payout-132434</guid>
<description>Shareholders of a New York-based office REIT rejected a multimillion-dollar golden parachute for its embattled CEO while also greenlighting a $1.6B merger with a mortgage lender.
Paramount Group shareholders voted to go forward with the company’s sale...</description>
<author>jarred@bisnow.com</author>
<pubDate>Thu, 18 Dec 2025 13:41:38 -0500</pubDate>
<content:encoded><![CDATA[Shareholders of a New York-based office REIT rejected a multimillion-dollar golden parachute for its embattled CEO while also greenlighting a $1.6B merger with a mortgage lender.
Paramount Group shareholders voted to go forward with the company’s sale to New York-based Rithm Capital for $1.6B, or $6.60 per share, according to documents filed Tuesday with the Securities and Exchange Commission.]]></content:encoded>
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<title>Debt On Another Chunk Of Veritas' San Francisco Portfolio Sold</title>
<link>https://www.bisnow.com/san-francisco/news/multifamily/another-chunk-of-veritas-san-francisco-portfolio-set-to-trade-hands-132397</link>
<guid>https://www.bisnow.com/san-francisco/news/multifamily/another-chunk-of-veritas-san-francisco-portfolio-set-to-trade-hands-132397</guid>
<description>RBC Real Estate Capital Corp. sold a $570M defaulted loan tied to roughly 1,500 San Francisco apartments, setting up the latest transaction involving the thousands of units once controlled by Veritas Investments, the San Francisco Business Times reported. </description>
<author>lauren.herstik@bisnow.com</author>
<pubDate>Tue, 16 Dec 2025 16:50:43 -0500</pubDate>
<content:encoded><![CDATA[RBC Real Estate Capital Corp. sold a $570M defaulted loan tied to roughly 1,500 San Francisco apartments, setting up the latest transaction involving the thousands of units once controlled by Veritas Investments, the San Francisco Business Times reported. ]]></content:encoded>
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<title>General Motors Considers Massive Silicon Valley Downsizing</title>
<link>https://www.bisnow.com/san-francisco/news/office/general-motors-considers-massive-silicon-valley-downsizing-132293</link>
<guid>https://www.bisnow.com/san-francisco/news/office/general-motors-considers-massive-silicon-valley-downsizing-132293</guid>
<description>General Motors is considering downsizing its Bay Area real estate portfolio in a move that would shrink its nearly 1M SF footprint across multiple cities to just 400K SF on a single Silicon Valley campus, the San Francisco Business Times reported. </description>
<author>lauren.herstik@bisnow.com</author>
<pubDate>Wed, 10 Dec 2025 18:38:44 -0500</pubDate>
<content:encoded><![CDATA[General Motors is considering downsizing its Bay Area real estate portfolio in a move that would shrink its nearly 1M SF footprint across multiple cities to just 400K SF on a single Silicon Valley campus, the San Francisco Business Times reported. ]]></content:encoded>
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<title>Housing Fund Backed By Apple, Other Bay Area Heavyweights Doubled To $100M</title>
<link>https://www.bisnow.com/san-francisco/news/affordable-housing/bay-area-innovation-fund-doubles-to-100m-to-support-affordable-housing-development-132291</link>
<guid>https://www.bisnow.com/san-francisco/news/affordable-housing/bay-area-innovation-fund-doubles-to-100m-to-support-affordable-housing-development-132291</guid>
<description>The Housing Accelerator Fund has doubled the size of its Bay Area Housing Innovation Fund to $100M, giving a fresh jolt to the effort to speed up and de-risk affordable housing production. 
Launched in 2024 with backing from Apple, Sobrato Philanthropies,...</description>
<author>lauren.herstik@bisnow.com</author>
<pubDate>Wed, 10 Dec 2025 18:20:25 -0500</pubDate>
<content:encoded><![CDATA[The Housing Accelerator Fund has doubled the size of its Bay Area Housing Innovation Fund to $100M, giving a fresh jolt to the effort to speed up and de-risk affordable housing production. 
Launched in 2024 with backing from Apple, Sobrato Philanthropies, Destination: Home and HAF, the fund aims to address the financing uncertainty gumming up the works in affordable housing development.]]></content:encoded>
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<title>Financing Hurdles Slow Healthcare CRE, Even As Bay Area Demand Builds</title>
<link>https://www.bisnow.com/san-francisco/news/healthcare/financing-hurdles-slow-healthcare-cre-even-as-bay-area-demand-builds-132239</link>
<guid>https://www.bisnow.com/san-francisco/news/healthcare/financing-hurdles-slow-healthcare-cre-even-as-bay-area-demand-builds-132239</guid>
<description>Healthcare real estate is facing one of the toughest lending environments in years. Rising borrowing costs and a widening disconnect between what owners expect and what investors can underwrite have pushed the sector into a slower, more cautious phase. 
</description>
<author>lauren.herstik@bisnow.com</author>
<pubDate>Mon, 08 Dec 2025 14:39:43 -0500</pubDate>
<content:encoded><![CDATA[Healthcare real estate is facing one of the toughest lending environments in years. Rising borrowing costs and a widening disconnect between what owners expect and what investors can underwrite have pushed the sector into a slower, more cautious phase. 
]]></content:encoded>
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<title>Francis Ford Coppola Uses San Francisco Sentinel Building As Collateral For Private Loan</title>
<link>https://www.bisnow.com/san-francisco/news/capital-markets/francis-ford-coppola-sentinel-building-loan-collateral-132124</link>
<guid>https://www.bisnow.com/san-francisco/news/capital-markets/francis-ford-coppola-sentinel-building-loan-collateral-132124</guid>
<description>Francis Ford Coppola put up the flatiron-shaped Sentinel Building in San Francisco's North Beach neighborhood as collateral for a private loan in the ongoing financial fallout from his notoriously expensive film flop Megalopolis. 
</description>
<author>lauren.herstik@bisnow.com</author>
<pubDate>Tue, 02 Dec 2025 14:36:22 -0500</pubDate>
<content:encoded><![CDATA[Francis Ford Coppola put up the flatiron-shaped Sentinel Building in San Francisco's North Beach neighborhood as collateral for a private loan in the ongoing financial fallout from his notoriously expensive film flop Megalopolis. 
]]></content:encoded>
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<title>Sunnyvale Luxury Complex Changes Hands: The Bay Area Deal Sheet</title>
<link>https://www.bisnow.com/san-francisco/news/deal-sheet/bayarea-deal-sheet-132051</link>
<guid>https://www.bisnow.com/san-francisco/news/deal-sheet/bayarea-deal-sheet-132051</guid>
<description>Colliers arranged the sale of a 250-unit luxury multifamily community in Sunnyvale for $143.5M. The property sits near major Silicon Valley employers, including Apple, Google, Meta, Amazon and Nvidia, supporting demand for workforce housing. Colliers’...</description>
<author>lauren.herstik@bisnow.com</author>
<pubDate>Mon, 24 Nov 2025 20:48:37 -0500</pubDate>
<content:encoded><![CDATA[Colliers arranged the sale of a 250-unit luxury multifamily community in Sunnyvale for $143.5M. The property sits near major Silicon Valley employers, including Apple, Google, Meta, Amazon and Nvidia, supporting demand for workforce housing. Colliers’ Peter Nicoletti and Will Mathews represented the seller.
The community is adjacent to the planned M Social Hotel, slated to deliver in 2026 and expected to bring additional hospitality and retail activity to the area.]]></content:encoded>
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