Let's see if this becomes a steady trend or not. Younger people seem open to moving and not staying in one place. Prices are high which also affects buyers. Also, student loans and other debt make buying more challenging.
https://product.costar.com/home/news/shared/797788958?utm_source=costar&utm_medium=email&utm_campaign=1&utm_content=p3
Mark Gedymin's San Francisco Bay Area Commercial Real Estate Blog
This is a commercial real estate blog that will offer readers insights to everything under the sun pertaining to commercial real estate in San Francisco. You can visit www.markgedymin.com for more information.
Tuesday, August 13, 2019
Thursday, December 13, 2018
I have a cool commercial condo for sale or lease South of Market!
This is newer construction, features polished concrete floors, an exposed ceiling, common roof deck, and more! Please visit here.
Thursday, January 18, 2018
Robots, office environments, worker retention, desirable regions, and more!
The article here addresses several topics and trends but doesn't take specific consideration of the Bay Area's progressive accomplishments currently, the high desirability which offsets costs, and many other cutting-edge factors.
Monday, October 16, 2017
Transfer taxes, estate planning, and more - make sure you have trusted legal advice!
Reuben, Junius and Rose's attorney, Corie Edwards, penned the article here which explains how California jurisdictions may focus on recovering taxes on properties based on changes of controlling interests which can have dire circumstances for property owners and heirs of property if not handled properly.
Friday, October 6, 2017
Thursday, January 26, 2017
Toxic Air: No Laughing Matter
I relocated two office tenants so far in my career due to unsafe environmental conditions in the workplace.
See below for information on what commercial tenants are looking for:
https://www.bisnow.com/national/news/office/the-healthy-building-movement-a-1t-industry-built-mainly-on-good-intentions-70237?be=mgedymin%40tricommercial.com&utm_source=Newsletter&utm_medium=email&utm_campaign=wed-25-jan-2017-000000-0600_san-francisco-re
See below for information on what commercial tenants are looking for:
https://www.bisnow.com/national/news/office/the-healthy-building-movement-a-1t-industry-built-mainly-on-good-intentions-70237?be=mgedymin%40tricommercial.com&utm_source=Newsletter&utm_medium=email&utm_campaign=wed-25-jan-2017-000000-0600_san-francisco-re
Wednesday, January 25, 2017
Morningstar: $45 billion of the $90 billion commercial debt wall expiring in 2017 will be hard to refinance
Ten years ago lending standard were weak and now it's time to face the music.
Bloomberg: "S&P analysts are predicting that about 13 percent of real estate loans coming due will ultimately default, up from 8 percent over the past two years, according to Dennis Sim, a researcher at the firm. That’s their base case, but the default rate could be higher, he said."
You can read more here.
Bloomberg: "S&P analysts are predicting that about 13 percent of real estate loans coming due will ultimately default, up from 8 percent over the past two years, according to Dennis Sim, a researcher at the firm. That’s their base case, but the default rate could be higher, he said."
You can read more here.
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