Rockpoint, Holland Partner Group to Develop 311-Unit Multifamily Project in San Jose, California
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. Boston life sciences absorption has moderated from its 2021-2022 pace, and the market is working through a meaningful Cambridge sublease overhang. Multifamily and trophy office remain durable. 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
On the RET wire
- The 54th Boston story tracked on the wire in August 2026. All Boston coverage →
- Disclosed multifamily deal value tracked in August 2026: $16.4B across 160 reported transactions. All Multifamily coverage →
Computed from Real Estate Trail’s own tracked coverage
SAN JOSE, CALIF. — Boston-based Rockpoint and Hollard Partner Group have entered into a joint venture to develop Stevens Creek, a multifamily property that will be located at 2896 Stevens Creek Blvd. in West San Jose.…
External link. Real Estate Trail does not republish source content.
Related coverage — Boston · Multifamily
Healey Administration Proposes Pared-Down Slate of Opportunity Zones
Massachusetts is proposing 34 fewer neighborhoods in a second iteration of the federal Opportunity Zone program that gives investors tax benefits in return for their involvement, reported the Boston Business Journal .…
Colliers Adds Rachel Bliss to Boston Office Leasing Team
Colliers Adds Rachel Bliss to Downtown Boston Leasing Team
Rachel Bliss has joined the Boston office of Colliers as VP on its Downtown Urban Leasing team. Bliss brings extensive local market knowledge and experience across tenant representation. In her new role, Bliss will ad…
Life Time Plans Eighth Greater Boston Location in Seaport District
Life Time announced plans to open a new athletic club and social wellness destination at Commonwealth Pier in late 2027. The club will be Life Time’s eighth in the Greater Boston market since debuting in 2015 an…
News | Amazon walks back plans to fill another Boston office tower
Sure and Groma launch fully integrated renters insurance, compliance verification, and tenant legal liability program
Real estate technology and investment firm brings residents a seamless path to coverage while giving real-time compliance visibility and portfolio-wide protection across its multifamily portfolio. BOSTON, Oct. 8, 2026…