The Dark Side of the Spoon
A Chili Story – Pass the spoon This whole thing started on a golf trip at Lake Shastina Golf Resort and Spa. We played a lot of golf, howled at the moon, and every morning walked onto the first tee – first to pay homage to the mountain – then to spank the ball just left […]
SBA Lending is loosening up, but inventory is tight.
SBA lending just hit record highs, pushing owner-user demand far ahead of available inventory. With limited office product and attractive SBA financing, pricing remains firm—and condo conversions are emerging as a smart solution for owners. Here’s what’s driving the market and why 2026 is positioned for an owner-user surge.
Downtown Sacramento: Still the Center of Gravity
Downtown Sacramento isn’t the doom-and-gloom story the national headlines keep pushing. With the lowest downtown vacancy rate in California, steady owner-occupier fundamentals, and new investment at smart pricing, the submarket is clearly resetting—not retreating. The value proposition that has always anchored Downtown remains firmly in place, and the next cycle favors the players who see it now.
Batten Down the Hatches: The 2026 Debt Wave Is Coming
A massive surge of commercial real estate debt is coming due in 2026, and higher rates are colliding with softening values. Sacramento owners—especially those with loans maturing between 2025 and 2027—need clarity now. The smart move is to run a simple “refi or sell” analysis before lenders force the
Midtown Sacramento: Pricing Resilience Across Residential & Commercial Lanes
The takeaway: Midtown’s commercial corridor isn’t wobbling—it’s holding its line. Pricing is firm, demand is steady, and owner-users are voting with their checkbooks.
“Ethan, I am your father.” Would you like to buy my building?
Costar states that Downtown’s overall vacancy factor is 8.7%. However, when you only consider Class A buildings over 150,000 SF, the vacancy factor is nearly 21%. This does not include 250,000 SF available at 1515 S Street, one block from The Ice Blocks Development. My money is on the fact that the State of California might take over the space at 1515 K Street. I still believe that Downtown Sacramento “will be back.” It has so many fantastic draws.
Sacramento Rents: A Correction That Was Bound to Happen
Sacramento’s rental market has finally hit the brakes. After years of runaway rent growth — up roughly 30–35% since 2020 — prices are softening as unita sit, incomes lag, and development slows under high construction costs and interest rates. Average rents have dipped to around $1,850, and effective rates are even lower. This isn’t a crash, it’s a long-overdue correction — the market finally catching its breath and finding its rhythm again.
Sacramento’s Office Market Comeback: The $6M Turnaround at 3900 Lennane
Occupancy Creates Value – Vacant buildings sell at discounts; stabilized assets command premiums. 3900 Lennane shows the power of executing a clear leasing and repositioning strategy.
The Compound @ N20: From Roof Hatches to Rebirth in Midtown
Closed: Two vacant Midtown buildings, one roof hatch break-in, seven tents, a lawsuit, and a dissolved LLC. Somehow… we still got it done. #CRE #MidtownSacramento #DealClosed #MixedUse
Golf and Selling Property
“You know, when I was your age, I’d hit the ball right over that tree.”
With the challenge before him, the young man swings hard, hits the ball, watches it fly into the branches, rattle around, and land with a thud a foot from where it had started.
“Of course,” says the old man, “when I was your age, that tree was only eight feet tall.”