Peninsula's Job Growth Resulting
In Crunch For Housing
Rapid job growth throughout the Peninsula is creating additional demand on housing stock. Developers cannot build market-rate and affordable housing fast enough. Housing prices are soaring, and many Peninsula residents are being forced to move to the outskirts of the region.
Part of the problem is people often think affordable housing is only for poor people, Bridge Housing Chief Information Officer and Executive Vice President Diane Olmstead said during Bisnow's Peninsula New Frontiers and CRE Outlook event Wednesday. But there are…
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Mixed-Use Could Help In Congested Cities
These mixed-use developments can come in varying sizes to meet local needs.
In Los Angeles, Studio 111's 2110 Bay St. is an adaptive, 145K SF reuse project. It is being built in the up-and-coming Arts District.
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The Evolution Of The Multifamily Fitness Center
| PRESENTED BY: |
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Opti-Fit Fitness Solutions |
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Fitness centers are still a must-have in any community, according to the National Apartment Association. They are the most upgraded community-wide amenity since 2014, and J Turner Research found that 46% of tenants are willing to pay a premium for centers…
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What's In A Name? Tensions Rise As Communities Are Rebranded To Attract Young, Hip Crowds
| Travis Gonzalez, Bisnow National Reporter |
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Once a desirable area for wealthy residents, the San Francisco neighborhood of Rincon Hill was transformed in the late 1800s by the Second Street Cut in a decision by local governments to slice through the neighborhood and lower its hills by several dozen feet for industrial purposes.
The neighborhood fell out of favor when it was divided into Rincon Hill and Transbay, and the elite fled to Nob Hill as people began to refer to Rincon Hill as a slum. Two centuries later, a community benefit district has doled out $70K to unite the neighborhoods under one name, signaling a renaissance in the area.
This campaign resembles hundreds of others taking place across the country. Tensions are bubbling as newcomers, often without the consultation of current residents, push to remove or change neighborhood names that residents may feel personally and culturally connected to. These names often emerge…
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Wall Of Maturities: Refinancing, Selling Assets With Maturing Debt Is No Easy Feat
As a capital markets and investment sales guy, Michael Fay is no stranger to the challenges of offloading a property backed by a maturing loan.
A massive wall of CMBS loans issued between 2006 and 2007 is set to mature this year, and with banks tightening their underwriting standards, most of those loans will be difficult to refinance and even harder to sell. That is where experts like Fay come into the picture. Fay, who heads Avison Young's National Asset Resolution Team, said time is of the essence for these properties. Owners are pressured to refinance or sell the asset before hitting the maturity date, a process that can take months to complete and is a headache to see through.
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Duke Long's 150 Essential CRE Pros To Connect With On LinkedIn
At Bisnow, we love to connect with everyone in the commercial real estate industry. If we cannot meet at one of our events, social media is the next best thing. Luckily CRE social media guru Duke Long has assembled a list of the top 150 CRE pros to connect with on LinkedIn. How many do you know?
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