Port of Redwood City Lifts Revenue to $11.8MM as Cargo Climbs 16%, Elects Radcliffe Board Chair
Why this matters
Multifamily has been the most actively underwritten sector through the rate cycle, with cap rate compression resuming in Sun Belt and gateway markets as 2024-2025 deliveries roll off and refinance demand on 2021-vintage bridge loans clears. Transaction velocity is up modestly, concentrated in stabilized Class A and grocery-adjacent garden assets. Allocators continue to favor residential for its income durability and its insulation from secular demand questions that still hang over commercial sectors.
Editorial analysis · Real Estate Trail Editorial
The South Bay's only deepwater port closed fiscal 2026 with $11.8 million in gross revenue and 1.75 million metric tons of cargo, powered by a surge in sand and aggregate imports and new market-rate rental deals, as i…
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