Performing Arts Group Nears Purchase of Oakland’s Historic Scottish Rite Center
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 110th San Francisco story tracked on the wire in September 2026. All San Francisco coverage →
Computed from Real Estate Trail’s own tracked coverage
Built in 1927 and reworked into Greek-influenced Art Deco style after lake-air damage in the 1930s, the century-old venue would keep a rare large-scale gathering space active in a submarket still searching for a floor…
External link. Real Estate Trail does not republish source content.
Related coverage — San Francisco
Affinius Capital, Alliance Residential Dispose of 545-Unit Seniors Housing Portfolio in Northern California
ROSEVILLE AND SAN JOSE, CALIF. — A joint venture between Affinius Capital and Alliance Residential has sold a two-property seniors housing portfolio totaling 545 units in Northern California. The portfolio includes So…
Newmark Brokers Sale of Four-Building Industrial Portfolio in Silicon Valley
MILPITAS, CALIF. — Newmark has arranged the sale of The Cadillac Court Industrial Portfolio, an industrial campus in Milpitas. An undisclosed seller sold the four-building property to Galvanize Real Estate, the sustai…
Tesseract Capital Sells Apartment Property in Modesto, California for $26.6M
MODESTO, CALIF. — San Francisco-based Tesseract Capital Group has completed the sale of The Marc at 1600 in Modesto to an undisclosed family office for $26.6 million. Located at 1600 Standiford Ave., The Marc at 1600…
WareSpace Enters Bay Area With $16.05MM Purchase of 64,100 SQFT South San Francisco Warehouse
The deal brings WareSpace to 34 facilities nationwide as Jadian Capital’s expanded $500MM commitment fuels a push toward 100 locations. WareSpace, a national operator of micro-bay warehouse space, has made its first B…
Edgewood Tahoe Refreshes All 154 Lodge Rooms With S.F.’s IA Interior Architects as Clubhouse Expansion Advances
The Stateline, Nevada luxury resort has overhauled every guest room and suite in its main lodge with San Francisco firm IA Interior Architects, timing the work to The Lodge's approaching 10th anniversary and running i…
SoCal Family Office Snaps Up Apartments in Competitive Modesto Submarket
The Mogharebi Group (TMG) represented Bay Area-based Tesseract Capital Group in the sale of The Marc at 1600, a 100-unit multifamily community located at 1600 Standiford Ave. in Modesto. The buyer was a private family…