Commercial Real Estate Insights
Transforming Sacramento – ULI – Studies and Theories with a Practical Touch
Batter Up! Transforming Sacramento. During a walkthrough of a client's new office, I noticed two red wires dangling from the entrance to my client’s building. The wire had been connected to a new security camera; I hope they got the heist on...
Sacramento Rotary – Making the community better every day!
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.
Buildings for Nothing, Tenants Still Flee!
The investor can undercut market rents when they buy a building for 25 cents on the dollar. This creates tough sledding for many office building owners. It is particularly perilous because lenders are not lending on office deals.
Understanding Key Ratios Commercial Lenders Use
Properties of all shapes and sizes are under the Lender’s microscope. Even property “owners” with long-term relationships with multiple assets with the same lender are under the lender's microscope. Lenders use ratios, and when the ratios don’t...
Landlord to Lender: “It’s Just Shrinkage!”
The office market seems like a paradox. Businesses are downsizing, and vacancy rates are soaring, yet rents are slow to go down.
Sacramento Regional Transit – If We Build it, Will they Come?
Sacramento Light Rail gets a makeover, but how will we pay for it? And If we expand it, how will we increase ridership? Will it help if Gas Prices hit $10 a gallon? In Europe, mass transit is widely used; why? Here’s what’s happening: New...
Meet the Power Brokers of The United States
The Association of Commercial Real Estate in Sacramento raises significant money for charities by presenting The Broker of the Year Awards. Brokers are nominated in every asset class (Office, Industrial, Land, Investment, etc.). If there were a Broker awards ceremony for the end of the 1800s, the primary asset class would be Land—and lots of it. The winners would include Thomas Jefferson, John Adams, Ben Franklin, and James Munroe.
Land Use Evolution in Midtown – 20th Place at 19th and F
Big doesn't mean Bad Check out this article about 20th Place at 19th and F Street. 20th Place is a new project by Cassadyne Properties LLC, headed up by Robert Rodriguez. Patrick Molloy partnered up and acted as the project manager. Together, they...
Should I buy or should I lease now?
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?
7 Fundamentals to Live by in the CRE Biz
How we effectively help our clients is not complicated. Listen and take the time to get to know your client. Then all you have to do is “the right next thing.”
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