Commercial Real Estate Insights
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...
If a deal doesn’t have to happen, it probably won’t. Since early 2023, most development deals haven’t penciled, which has left several projects on hold until construction costs and interest rates go down.
Before the Pandemic, Downtown was the crown jewel. Frankly, it was on fire. It will likely be another tough year for Downtown, but I am confident that Downtown will shine again! Everything that was there is still there, except office workers. And while we do have a significant challenge with the homeless population, I am confident that with the right leadership, the homeless population will be addressed.
Happy New Year! Have you written down your New Year’s resolutions? I have, and I admit, the Resolutions (goals) have dramatically shifted since turning 62. “Hitting my numbers” and losing weight will always be on the list, but since COVID, my list...
Larry was grinning like the Grinch and said, “Really, you got this?” “Yep,” I chirped back. “I got my license and I read a bunch of books!” Larry ordered us another martini.
On September 30th at about 5:00 AM about 1500 Cyclists will start arriving on Capitol Mall to ride through the Delta on behalf of the Cause.
The nice thing about Midtown is that you can walk to a variety of restaurants and shopping. Also, it is a great place to live and employees can walk to work.
Unicorns are extinct and many of them included exchange buyers. Office users have been in a coma (but I have noticed them starting to blink.) Developers are in hiding, and investors are extremely cautious.
“Oh, uh, there won’t be any money, but when you die, on your deathbed, you will receive total consciousness.”
What is the exit strategy? If for some reason you need to move out of the building, will you hold the asset and lease it out, or will you sell it? Is the property single purpose or will it appeal to a broad base of potential occupants?
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