Landlord to Lender: “It’s Just Shrinkage!”
5 Reasons Rents Remain High Despite Shrinking Demand The office market seems like a paradox. Businesses are downsizing, and vacancy rates are soaring, yet rents are slow to go down. Here are five reasons why: Preserving Property Value: Rental income (or potential...
Should I buy or should I lease now?
What a difference two years makes I originally posted a similar article in 2021 when interest rates were under 4%. Developments have been completed, and others have started. On the commercial side, the State of California has completed several office buildings just...
You Don’t Have to Bring Your Dog to Work Anymore!
You are probably very familiar with hybrid work. Frankly, most of us start dozing off when we see another article about “The New Normal,” and I was hesitant to write about it. But the changes in Sacramento are worth noting. Recently, I toured an...
Sacramento CRE Perspective 2023
The Sacramento market is poised for sustained population growth for the foreseeable future. This bodes well for all market segments, primarily for Retail and Multifamily. The Office market would be doing just fine if the State wasn’t vacating millions of square feet...