Reported Sep 14, 2026 · Source: East Bay Times
Dividend Homes, through an affiliate, has paid $67.7 million for a 3.9-acre site at 3200 Park Blvd. where housing would be built. The Sobrato Organization sold the housing development site, the county real estate files show. The residential developer wants to build 74 townhomes on the property, according to public records posted with the Palo Alto Planning Department.
Summarized from the article; the quoted lines below are from the article itself.
Read the full report at East Bay Times. What the article says:
Dividend Homes, through an affiliate, has paid $67.7 million for a site at 3200 Park Blvd. where the housing would be built, documents filed on Sept.
The residential developer wants to build 74 townhomes on the property, which totals 3.9 acres, according to public records posted with the Palo Alto Planning Department.
The Sobrato Organization sold the housing development site to Dividend Homes, the county real estate files show.
Article date: 2026-09-14T21:00:31+00:00
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