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San Jose to Allow Homeowners to Sell ADUs

San Jose to Allow Homeowners to Sell ADUs

by Phil Hall | Jun 14, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

San Jose is ready to become the first California city that will allow homeowners to sell accessory dwelling units (ADUs) on their property. According to an NBC Bay Area report, San Jose issued over 460 permits enabling homeowners to build ADUs on their property after...
Lender Seizes Foreclosed San Jose Office Property

Lender Seizes Foreclosed San Jose Office Property

by Phil Hall | May 28, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Bay Area’s shaky real estate market received another blow as a vacant San Jose office property was foreclosed and seized by its lender. According to a Mercury News report, The Evergreen Advantage seized the 78,200-square-foot property at 5729 Fontanoso Way through...
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...
The Metro With the Most Expensive Median Price Per Square Foot Is…

The Metro With the Most Expensive Median Price Per Square Foot Is…

by Phil Hall | Sep 18, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Out of the nation’s 50 most populous metro areas, San Jose is the most expensive with a median price of $845 per square foot for homes, according to new research from Home Bay, an online publication owned by Clever Real Estate. Following San Jose as the most expensive...
Susan Just Named SVP/Chief Credit Officer at Heritage Bank of Commerce

Susan Just Named SVP/Chief Credit Officer at Heritage Bank of Commerce

by Phil Hall | Aug 1, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Heritage Bank of Commerce, a San Jose-headquartered subsidiary of Heritage Commerce Corp. (NASDAQ: HTBK), has appointed Susan Just as executive vice president and chief credit officer, effective Sept. 7. She will replace Margo Butsch, who recently announced her...
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