Capital Markets

Aero Apartments is the first opportunity for residents to live in the newly revitalized waterfront district.

Even after a pandemic-led market upheaval, many sellers are refusing to meet buyers' expectations on price.

The JV's investment timeline is over the next three to five years.

Short answer, yes. But so far pricing doesn't seem to have been too unduly affected.

"This is not the 'retail apocalypse' or a step towards the 25% delinquency rate in the hotel space over the last year."

The private equity giant purchased roughly $18 billion in assets from Q2 2020 to Q1 2021.

The development will feature 1.2 million-square-feet of office space, 400 apartment units and 90,000 square feet of retail.

San Francisco, Oakland, Los Angeles and San Jose all rank in the top US cities with the biggest decrease in apartment rents year-over-year.