Alta Housing recently broke ground for La Bella, a new 108‑unit affordable housing community in MountainView’s Terra Bella neighborhood. Located at 1020 Terra Bella Ave., the 1.04-acre site sits in a former industrial area that is transitioning to high‑density residential housing.
La Bella will be Alta Housing’s fourth affordable housing community in Mountain View. The project was made possible through a creative land exchange between Alta Housing and neighboring Public Storage, allowing both organizations to reconfigure their properties for redevelopment.
“Alta Housing has owned this parcel for almost a decade, and Public Storage’s willingness to exchange land with us made it possible to deliver significantly more homes at La Bella,” said Sheryl Klein, COO of Alta Housing. “This partnership reflects the collective commitment of our public, private and nonprofit partners to addressing the region’s housing needs and delivering a development that will support long‑term well‑being for MountainView residents.”
When determining commercial real estate strategies, many investors focus on demand. However, Marcus & Millichap’s October 2026 Construction Outlook research brief said that demand tells only half the story. Long-term supply trends also affect vacancy and rent growth, so supply outlooks should play a prominent role in CRE planning. Construction tends to lag market conditions,...
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Senior housing has moved from a healthcare real estate niche to a sector that warrants close watch, according to a recent Northmarq guide for potential investors. Understanding the Numbers The National Investment Center for Seniors Housing & Care (NIC) said that occupancy across 31 primary markets in Q3 2026 reached 90.4%, marking the 21st consecutive...
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Manitoba is tightening the rules on how apartment owners recover renovation costs through rent increases, potentially making upgrades to older rental buildings less attractive. The province says it will reduce, by 40%, the capital expenses landlords can pass on to tenants through above-guideline rent increases. Those applications allow owners to seek higher rents for qualifying...
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Central CA Commercial | California
Recckio Real Estate & Development
Northgate Real Estate Group
California
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