Chinese investor behind San Francisco office tower bets on Berkeley housing

Blake-Griggs Blog - Berkeley Housing Rendering

Chinese investor behind San Francisco office tower bets on Berkeley housing Danville-based Blake Griggs Properties teamed up with a big Chinese investor to buy an 84-unit apartment development site in Berkeley. The investor is Gemdale Properties and Investment, an affiliate of Gemdale Corp., one of the largest real estate companies in China. The Blake will […]

Gemdale, BGP Acquire Spot For Berkeley Apartments

Blake Griggs Projects - The Blake rendering

Gemdale, BGP Acquire Spot For Berkeley Apartments Gemdale Properties and Investment has acquired a shovel-ready 84-unit apartment site in Berkeley. The project planned for the site will be the only multifamily community in the area with rooftop solar panels, according to Gemdale. The developer, an affiliate of China’s Gemdale Corp., announced the purchase Thursday with […]

Developer jumpstarts housing near Walnut Creek BART

Blake Griggs - Walnut Creek Housing by bart Vaya

Developer jumpstarts housing near Walnut Creek BART A 178-unit apartment complex is under construction adjacent to the Walnut Creek BART as housing development ramps up across the city. Blake|Griggs Properties is developing the project, known as Vaya, for owner Northwestern Mutual. Located at 1800 Lacassie Ave., Vaya began construction in late 2015 and is expected […]

How to Attract Institutional Capital

Blake Griggs - Logo over White Background

How to Attract Institutional Capital Local and regional developers who want to build relationships with institutional investors will need to implement these reporting and operating guidelines. MANY REAL ESTATE owners, operators and developers seeking long-term growth are interested in institutional relationships, but building such relationships can seem daunting. Investment partners with billions of dollars to invest […]

Former Vacant Land in Foster City Transforms into Community Cornerstone

Blake Griggs - Foster City Tranforms into Community Cornerstone

Former Vacant Land in Foster City Transforms into Community Cornerstone Across the street from Foster City government offices, a 15-acre parcel of formerly vacant, City-owned land, has now been dubbed, Foster Square, a mixed-use neighborhood featuring housing geared towards seniors, neighborhood retail and community services. Bounded by Civic Center Drive, Foster City Boulevard, Balclutha Drive […]