10Y UST4.79%+0.84%30Y MTG6.66%+0.15%SOFR3.65%-0.27%VNQ$95.96+0.19%XLRE$43.88+0.33%FED FUNDS3.63%
Real Estate Trail
Institutional Press Wire
REBusiness Online

Gilbane, CBRE Complete 484-Bed Student Housing Project Near University of California, Berkeley

Via REBusiness Online · September 3, 2026
Compiled by Real Estate Trail Editorial · September 3, 2026

Why this matters

Commercial real estate continues to digest a multi-year reset in cost of capital. Transaction velocity is below the 2019-2021 trend but improving, cap rates have stabilized across most stabilized property types, and the bid-ask gap has narrowed materially in the past two quarters. Sponsors with permanent capital and operating platforms have an advantage in the current execution environment. The next twelve months will continue to reward underwriting discipline and operational sophistication over balance-sheet aggression.

Editorial analysis · Real Estate Trail Editorial

On the RET wire

Computed from Real Estate Trail’s own tracked coverage

Excerpt from REBusiness Online:
BERKELEY, CALIF. — A partnership between Gilbane Development and CBRE Investment Management has completed Pique, a 484-bed student housing development located at 2587 Telegraph Ave. near the University of California,…
Read the full article at REBusiness Online

External link. Real Estate Trail does not republish source content.

More from the wire

Connect CRE · Charlotte · Mixed Use

HMF Americana Developing Charlotte Mixed-Use Community

HMF Americana acquired a development site from Harris Teeter near the border of Stallings and Weddington in Charlotte to build a mixed-use community. The planned development will include 221 rental homes, dedicated 55…

39m ago