As a CCIM, I receive a monthly magazine focused on Commercial Real Estate. The March-April article, “Getting to know Opportunity Zones” reignited my interest. Anyone who is looking into Sacramento commercial real estate investment should know where the Opportunity Zones (OZ) are. Recently 830 K Street sold to a Los Gatos investor; 830 K is
As Sacramento’s skyline continues to welcome new additions and development is spurring increases to property values in the Downtown region, one may be curious as to what the changes mean to their ability to acquire property. Renting and owning property both come with benefits and disadvantages, so which is the better option? Review of Sacramento’s
Sacramento has followed a consistent trend of economic, social, and political growth for the last few years. As new opportunities arise, non-government jobs are being created while the population increases every year. To keep up with the increased demand, High Density Residential (HDR) urban housing projects are cropping up throughout Sacramento’s CORE. Nikky Mohanah’s Micro
Opportunity Zones might help you defer Capital Gains taxes, but read the fine print! You have probably heard about Opportunity Zones: Opportunity Zone Investments allow the investor with a capital gain to defer and reduce their tax liability. The longer you hold the investment the better the tax consequences. Investing in Opportunity Zones does not eliminate your gain-
What keeps you up at night? Your kid’s latest Instagram post or their curfew violation? How about Croatia’s upcoming match versus England? For me it is Sacramento office leasing and sales. Last week I got up around 3:00 AM with the question: How have office values behaved in Midtown and Downtown over the last 3
Uptown Studios HQ, Broadway Corridor, Sacramento “If you don’t know where you are, you don’t know who you are” – Wendell Berry When negotiating a lease, you have to pay attention to the bottom line, but you cannot forget about your team. No longer is it just about price and how many cubes you can
Amazon Moving to Sacramento? No, but other Unicorns will! Last year, 238 Bidders for Amazon’s 2nd headquarters submitted proposals to induce Amazon to locate 50,000 employees in their regions. Everyone I am certain had reasons but according to CCIM’s chief economist, K.C. Conway, only 50 bidders met the base criteria. If it were not for
When I moved from Manhattan Beach to Sacramento in 1991, my new bride and I arrived behind the wheel of a Uhaul at 9:00 PM. We had a 800 S.F. rental lined up on Harkness in Land Park. We had no keys to the place, so we had to call the owner. He staggered out
Go Green or Go Home! Being from California, going Green is not longer optional. From 1978 for residential – and 1980 for non-residential – the EPA has gradually accelerated the energy regulations around new construction. These regulations are Title 24. The Code for all the regulations is Title 24. The original intent of Title 24