Marcus & Millichap Closes Sale of Bay Area Assisted Living
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. San Francisco continues to clear office at the deepest discounts to 2019 basis seen in the cycle, while multifamily fundamentals have stabilized and life sciences in the Peninsula remains active. 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
- The 46th San Francisco story tracked on the wire in September 2026. All San Francisco coverage →
- 154 stories mentioning Marcus & Millichap on the wire in the past 90 days. Marcus & Millichap coverage →
Computed from Real Estate Trail’s own tracked coverage
Marcus & Millichap recently closed the sale of Mission Villas, a 34-unit assisted living property with more than 50 beds in Daly City. The property sold for $10.65 million, or $313,235 per unit. “Investor demand…
External link. Real Estate Trail does not republish source content.
Related coverage — San Francisco
San Francisco Visitor Spending Set for Record $9.94B in 2026 as Moscone Booking Pace Outruns 2019
The San Francisco Travel Association told hundreds of hospitality executives that 2026 visitor spending will beat the city's 2019 nominal record, even as the Moscone Center calendar that underwrites downtown hotel val…
14,000 SQFT San Francisco Parking Site at 425 Broadway Listed Unpriced as Redevelopment Play
Beckett Capital is marketing a two-level, 160-space parking structure at the crossroads of San Francisco's Financial District, Jackson Square and North Beach as a redevelopment opportunity, pitching the 13,638-square-…
Hines Puts San Jose Among Top U.S. Manufacturing Markets, Spotlights Fremont-Newark Corridor
Hines Research scored roughly 1,500 industrial submarkets nationwide and found seven in San Jose that clear its bar for durable manufacturing demand, making Silicon Valley the only Bay Area metro on a shortlist otherw…
AI Robotics Firm Rhoda AI Adds 26,000 SQFT Mountain View Sublease, Its Second Silicon Valley Deal of the Quarter
Rhoda AI has taken a second Silicon Valley space in a single quarter, subleasing roughly 26,000 square feet at 250 Bryant Street in Mountain View just weeks after landing a 70,850-square-foot Sunnyvale lease. The post…
Replit Opens First International Office in London
Growing demand from individuals, small businesses and enterprises drives global expansion Partners with The Lord Mayor's Appeal Charity to provide upskilling for NEET LONDON and SAN FRANCISCO, Sept. 8, 2026 /PRNewswir…
Replit Opens First International Office in London
Growing demand from individuals, small businesses and enterprises drives global expansion Partners with The Lord Mayor's Appeal Charity to provide upskilling for NEET LONDON and SAN FRANCISCO, Sept. 8, 2026 /PRNewswir…