Blog - The Ivy Group

By Sougata Mukherjee  –  Editor-in-Chief, Triangle Business Journal Mar 23, 2023 Updated Mar 23, 2023, 9:46am PDT Again, we turn to real estate – but unlike 2008-09, when residential real estate loan portfolios started the Great Recession, this time all eyes will likely be on commercial real estate. So, what does that mean? To make sense of the situation, we looked […]

By Kate Snyder A newly constructed high-rise condominium complex has just hit the market in downtown San Jose. The two-tower residential community totals 640 units, although some units have been sold and are not part of the offering, according to marketing information from JLL, which is the advisor on the property. According to a report from […]

March 7, 2023 Patrick Sisson, Bisnow National  Roblox was the 2022 definition of a tech unicorn, as far as real estate was concerned. It wasn’t about valuation or fundraising; the company behind the popular all-ages online gaming platform both promoted an in-person, in-office corporate culture and was growing. Google Maps 1211 Sixth Ave., where Fox Corp. and News Corp. […]

By Kate Snyder Santa Clara’s industrial market recently saw a large sales transaction involving one of the city’s more prominent sites. The former Owens Corning plant and surrounding acreage was sold to an affiliate of Amazon for $237.8 million in an all-cash deal, according to a report by The Mercury News. The buyer was Amazon.com Services, […]

By Sarah Klearman  –  Staff Reporter, San Francisco Business Times Mar 3, 2023 The Bay Area led the nation in industrial real estate transactions in the month of January, new data shows. Roughly $169 million worth of Bay Area industrial properties traded hands in the first month of the year, according to the data, released by property management software […]

By Ted Andersen  –  Digital Editor, San Francisco Business Times Feb 24, 2023 Updated Feb 24, 2023, 5:29pm PST Marriage is supposed to be forever, but when it’s not, particularly for high-net-worth individuals in the Bay Area, a legal separation can cause ripple effects that cost millions. That’s when high-flying entrepreneurs and industry executives call Anne Cochran of Cochran FLP. […]

January 30, 2023 By Kate Snyder More than a year after it first acquired the site, Amazon is now selling a 395,335 square-foot commercial office property in Milpitas, according to industry reports. The sale price has not been disclosed, but the buyer is reported to be Dermody Properties LLC. Amazon first purchased the site in 2021 […]

February 1, 2023 By Vladimir Bosanac San Francisco-based Gerson Bakar & Associates continued this week with a disposition of another one of its prized assets. The company has sold off its last Bay Area property, the Westlake Village Apartments, a 47-acre, nearly 3,000-unit apartment community in Daly City, to an entity affiliated with San Francisco-based Carmel […]

Jan 27, 2023 San Francisco certainly isn’t the only major U.S. city experiencing high office vacancy rates, but its numbers are among the most severe. We took a look at Cushman & Wakefield’s Office MarketBeat reports to see how the city’s office vacancy rates and asking rent compare to other cities. When putting them side […]

By Olivia Peterkin  –  Digital Editor, Silicon Valley Business Journal Jan 19, 2023 Updated Jan 19, 2023, 2:44pm PST Netflix Inc. announced Thursday Reed Hastings is stepping down as its co-CEO. Here’s the full text of the letter Hastings published Thursday detailing his decision and other leadership changes at the streaming media giant (Nasdaq: NFLX): I’m so proud of our first 25 years, […]