Real Estate

AVE, a residential real estate brand of Korman Communities, and Ensemble Investments, LLC (Ensemble), a national developer of hospitality and mixed-use/multifamily real estate, has revealed plans for a pioneering outdoor adventure amenity at the forthcoming AVE Santa Clara located at 2240 Calle de Luna. Now leasing for first move-ins in January 2025, AVE will bring […]

Ellore, Santa Clara’s newest luxury senior living community, has officially launched leasing. Developed by Related California and operated by Oakmont Management Group, Ellore is a blend of sophistication, innovation and sustainability to fit the Silicon Valley lifestyle. Located at 2350 Calle De Luna, Ellore is comprised of 176 residences (including independent living, assisted living and […]

CUPERTINO — CIM Group announced the sale of Arioso, a  201-unit apartment community in the Silicon Valley community of Cupertino, just minutes away from Apple’s spaceship headquarters. Arioso offers one- and two-bedroom configurations set in eight, three-story buildings spread across the property and provides 382 parking spaces. The community offers a comfortable environment with large […]

SANTA CLARA — Silicon Valley has the highest rents in the nation of any metro area according to Realtor.com at $3,363 for the month of June. Rents nationally fell again in June, with especially large declines in the South, where there’s been an influx of new rental units, according to the Realtor.com Rental Report released today. The […]

NEW YORK — Northwind Group, a Manhattan-based real estate private equity firm and debt fund manager, announced its closed-end debt funds provided a $23 million first mortgage, senior secured condo inventory loan collateralized by the remaining 18 unsold residential condominium units in the recently completed 4-story residential property located at 450 First Street in Los Altos, CA, in the heart of […]

SANTA CLARA — Median home prices have increased 37.5% since May 2019 according to Realtor.com data, and while prices grew in that time frame, inventory is down 34.2% compared with typical 2017 to 2019 levels. “In addition to higher median list prices and fewer homes for sale versus 2019, the increase in median price-per-square foot […]

California’s housing market rebounded in April as sales rose on both a monthly and yearly basis, while the statewide median home price exceeded $900,000 for the first time ever, setting a new record-high, according to the CALIFORNIA ASSOCIATION OF REALTORS (C.A.R.). Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized […]

MILPITAS — KB Home has announced the grand opening of Lumen, its latest new-home community in Milpitas, CA. Prices start at $1.15 million. These new homes have popular interior features like modern kitchens overlooking great rooms, bedroom suites with walk-in closets, and ample storage space. The community’s two-, three- and four-story floor plans feature up […]

SANTA CLARA — In the United States, 40.4% of homes, valued at $19.7 trillion, are at severe or extreme risk when it comes to heat, wind and air quality. To help consumers make more informed home buying and selling decisions, Realtor.com announces the launch of three new climate risk factor scores on its website including Heat Factor, Wind Factor, and […]

LOS GATOS — Lupin Lodge, a historic naturist resort, nestled amidst the scenic hills of Los Gatos, is now for sale at $32.8 million. The property, encompassing 112 acres located just south of the Lexington Reservoir off Highway 17, is a unique gem in the heart of Silicon Valley. Founded during the Great Depression on the […]

Persistently high mortgage rates continue to test California’s housing market as home sales fell for the fourth consecutive month in September, while the median price rose from the year-ago level for the third straight month to record its largest year-over-year gain in more than a year, according to the CALIFORNIA ASSOCIATION OF REALTORS (C.A.R.) Closed […]