Every couple months I run a sales comp report to see what has sold recently. This time I looked up: land, multifamily, office and retail sales that closed in the last 6 months. I own a couple properties myself. I wish I had bought my properties when I moved to Sacramento in 1991. Land sales
With all the information on line, many tenants are searching for office space without a broker. Can you imagine? I Can. I get calls from tenants that are frustrated. The office market data is often out of date and many leasing options are not visible without a subscription. Beyond the lack of good data, tenants
Sacramento office investment sales are up. And the majority of investors are institutional and from out of town. Sacramento has always been considered a second tier market, but it seems that second tier markets are where all the Easter eggs are! Is it really almost Easter? Institutional and out-of-town investors create value with perspective. Example:
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
In 2017 Buildium and All Property Management administered the annual Property Owners Perspectives Survey to nearly 700 property owners in order to gauge interests and desires related to ownership of property; the results were consistent with the first survey – showcasing the types of property owners and their perspectives on managing real estate. Types of
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-
A New Year’s Message From Bacon Commercial Real Estate Business goal setting and New Year’s resolutions can be tough. Both require some extra introspection, and that’s typically easier when everything is going just right. New Year’s resolutions are usually personal, while business goal setting is clearly about business. But let’s face it – business and