A
top real estate firm has acquired two large apartment complexes in Campbell for hundreds of millions. The deal suggests a surge in multifamily housing values.

    The Parc at Pruneyard, located on Union Avenue, is one of the properties involved. This complex offers a glimpse into the Bay Area's rental market dynamics.

    As California grapples with homelessness and affordable housing needs, real estate transactions like this raise questions about the region's housing priorities. Newsom has called for cities to effectively ban homeless encampments, while other initiatives focus on providing alternatives, such as farmworker housing loans in San Mateo County.

    Meanwhile, a Republican proposal to sell public lands in the West is reigniting debate over land use and development. In San Jose, plans are underway to build dozens of homes in the Alviso district, highlighting the ongoing tension between growth and preservation in the Bay Area's communities.