The Synergy Report

New affordable housing project breaks ground in San Francisco

San Francisco Affordable Project Lands $78M in Financing – Multi-Housing News The Big PictureA major affordable housing development known as “Marvel in the Mission” (also called La Maravilla) has officially broken ground in San Francisco’s Mission District after years of delays, financing challenges, and community debate. The multi-phase project will ultimately deliver about 382 fully […]

Project would replace downtown San Jose parking lot with affordable homes

Affordable homes may sprout on a downtown San Jose surface parking lot The Big Picture A surface parking lot in the core of San Jose could become 173 units of housing, with 171 designated as affordable. The proposal, led by The Sobrato Organization and Pacific West Communities, targets a 1.3-acre site near the Hammer Theatre […]

First affordable housing development for artists coming to San Francisco

First affordable housing development for artists coming to San Francisco – CBS San Francisco The Big Picture San Francisco is moving forward with a 14-story affordable housing development designed specifically for artists at Market and Gough streets. The project, called Artists Hub on Market, will provide below-market apartments reserved for certified working artists along with […]

San Jose could add financial perks to help speed up housing development

San Jose could add financial perks to help speed up housing development Big Picture San Jose is weighing a significant expansion of its housing incentive programs in response to stalled construction and rising development costs. City leaders are proposing deeper tax and fee reductions for multifamily projects, extending caps on existing incentive programs, and introducing […]

S.F. supervisor says mayor’s housing office ‘lost’ $5M for affordable housing

S.F. supe: Mayor’s housing office ‘lost’ $5M for affordable housing Big Picture San Francisco District 5 Supervisor Bilal Mahmood revealed that roughly $5 million in funding earmarked for a long-planned affordable housing project in the Tenderloin was never spent and had been sitting unused in an account for years. The money originated from a 2015 […]

San Jose looks to sweeten the deal to jump-start stalled housing

San Jose could add financial perks to help speed up housing development Big Picture San Jose is considering expanding and extending its existing financial incentive program for housing developers as a way to move approved projects into construction. The proposal would offer deeper and longer-lasting breaks on construction taxes and certain fees for residential projects […]

Silicon Valley mayors reveal how their cities are positioning for growth in 2026

Silicon Valley mayors outline growth plans for 2026 – Silicon Valley Business Journal Big PictureAt the Silicon Valley Business Journal’s 2026 Economic and Mayors’ Forecast, leaders from San Jose, Santa Clara, Fremont, and Sunnyvale outlined how their cities are positioning for the next phase of regional growth. Each city is leaning into a distinct role: […]

VTA Opens New Transit-Oriented Housing Near Tamien Station

VTA to bring thousands of homes online – San José Spotlight Big PictureThe Santa Clara Valley Transportation Authority is moving forward with a long-dormant transit-oriented housing effort by opening its first new apartment complex in more than 20 years near the Tamien light rail and Caltrain station in San Jose. The development includes 135 affordable […]

Palo Alto Panel Endorses 7-Story, 183-Unit Housing Project on El Camino Real

Architectural board approves 7-story housing development on El Camino – Palo Alto Daily Post Big PicturePalo Alto’s Architectural Review Board has approved plans for a seven-story, 183-unit apartment building at the corner of El Camino Real and Curtner Avenue, as long as developers address design conditions like adding more parking and a second elevator. The […]

Huge San Jose site once planned as tech campus lands Bay Area buyer

Huge San Jose site once planned as tech campus lands Bay Area buyer Big Picture The San Jose tech economy and real estate market are showing signs of increasing disconnect. After years of rapid growth that drove record office leasing and property values, tech companies are pulling back on campus expansion and office space in […]