North Bay Business Journal

  • Mendoza lays out plan for $82 million in real estate debt

    March 29th, 2010

    PETALUMA – Genora “George” Mendoza, an investor in more than $100 million in mostly North Bay and Bay Area residential income properties, is emerging from U.S. Bankruptcy Court protection with a confirmed reorganization plan to pay off $82.2 million in real estate loans, property taxes and other debts over three to five years.

  • Marin County apartments: Savvy investors move in to snap up properties

    March 15th, 2010

    The Marin County apartment market started strong in the first quarter of 2010 on the heels of an uptick in activity that began in the summer of 2009. Real estate investors sitting on the side lines in the first half of last year moved back in to the market to scoop up distressed apartment properties in good locations.

  • Sonoma County apartments: 2009 ’swallowed’ the market; but 2010 looks better

    March 15th, 2010

    While most owners and managers of apartment property in Sonoma County probably aren’t celebrating yet, things seem to be on a reasonably healthy track.

  • Napa-Solano apartments: Rent incentives common as cap rates show improvement

    March 15th, 2010

    Assuming that historical indicators hold true, the recession is over, we are told, and the economy is starting to rebound at some level.

  • Petaluma apartment property sells for $52M

    October 26th, 2009

    PETALUMA — The 492-unit Lakeville Resort apartment complex on Lakeview Circle sold for $52 million, making it the largest such sale in Sonoma County this year.

  • Apartment occupancy mixed as rents dip

    October 26th, 2009

    NOVATO — Average advertised rent for apartments in Marin, Napa and Sonoma counties in the third quarter dipped to the lowest level since the end of 2007, yet average North Bay rents have not declined nearly as much as those in Northern California as a whole, according to estimates from Novato-based multifamily property market analyst RealFacts.

  • Rents fall as ’shadow’ market grows

    July 13th, 2009

    NORTH BAY – Rising unemployment together with a struggling economy and a large number of foreclosed homes are driving down rents for apartments and income homes.

Site Index

Industry News
Events
Mobile

Tags