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The Arthur @ Blackstone, a New Affordable Housing Development, Opens in Fresno

The Arthur @ Blackstone, a New Affordable Housing Development, Opens in Fresno

by Phil Hall | Feb 12, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Arthur @ Blackstone, an affordable housing development in Fresno, California, has officially been opened. The 41-unit development offers a mix of one-, two- and three-bedroom apartments, with 20 reserved for families, 20 for transitional youth ages 18-24 and one...
Hits and Misses for the Real Estate Week of Feb. 5-9

Hits and Misses for the Real Estate Week of Feb. 5-9

by Phil Hall | Feb 9, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

An XXL-large listing price, Janet Yellen’s not-calming words and an unlikely exodus of Gen Zers into California. From the wild and wooly world of real estate, here are the Hits and Misses for the week of Feb. 5-9. Hit: Will History Be Made in Florida? The most...

Why Are So Many Gen Zers Moving to California?

by Phil Hall | Feb 9, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

There has been no shortage of news and talk regarding outbound migration from California, but a new Zillow (NASDAQ:Z, ZG) analysis of the U.S. Census Bureau’s 2022 American Community Survey (ACS) has found Gen Z interstate movers are flocking to the Golden...
Affordable Homeownership in California Remains at Historic Low

Affordable Homeownership in California Remains at Historic Low

by Phil Hall | Feb 9, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Only 15% of California households during the fourth quarter of 2023 were able to afford the state’s $833,170 median-priced home, according to new data from the California Association of Realtors (CAR). This was unchanged from the third quarter 2023 (when the...
Catalyst Impact Fund Acquires San Jose Multifamily Community for Affordable Housing

Catalyst Impact Fund Acquires San Jose Multifamily Community for Affordable Housing

by Phil Hall | Feb 2, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Catalyst Impact Fund, Inc. (CIF), a California-based nonprofit housing investor, has acquired 787 The Alameda, a 168-unit multifamily community in San Jose. The financial terms of the deal were not disclosed. CIF stated future leasing at the 2018-built property will...
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