Year-End Reflections
But deals do not come from emails, social media, or hope. They come from meaningful conversations.
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
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.”
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 video! But even if they caught the perpetrator, the ticket would probably be […]
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.
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 organization that was downsizing from 12,000 SF to 8,000 SF, and […]
Sacramento CRE Perspective 2023
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.
Done Deals!
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.
Mixed Use? Office? Home? 2609 Capitol Ave checks all the boxes
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.
How About those Kings?
Happy New Year! How about the Kings? Last night they eked by the Utah Jazz. This seems to be a new way of winning for the Kings. I remember the Lakers in the ’80s with Magic Johnson running the offense; The Lakers won five championships in the ’80s. The Lakers found a way to win. […]