March 26, 2024    By: Tim Vi Tran,
Post Date:03/22/2024 4:10 PM As part of the City’s focused efforts to increase affordable housing in Fremont, the Fremont City Council awarded $34 million in funding on March 19, 2024. This funding will help support the construction of over 450 low-income rental units in Fremont. The funding, secured mainly through development fees earmarked for affordable […]
January 29, 2024    By: Tim Vi Tran,
By Joanne Drilling and Ari Mahrer – San Francisco Business Times Jan 26, 2024 Renters in San Francisco and the East Bay seeking new digs should consider acting now: Recent data shows asking rents headed downward both nationally and in the San Francisco-Oakland-Berkeley area. According to a January report by Rent.com, San Francisco area rents were basically flat, declining […]
December 21, 2023    By: Tim Vi Tran,
By Devan J. Patel – Reporter, Silicon Valley Business Journal Dec 20, 2023 A developer is moving forward with plans to use the builder’s remedy to construct an 11-story, mixed-use project blocks from San Jose’s Diridon Station. Surinder Singh and his representatives have filed development permits for the project located at 101 and 109 Delmas Ave. that […]
December 17, 2023    By: Tim Vi Tran,
By Tomas Ovalle – Staff Photographer, Silicon Valley Business Journal Dec 15, 2023 Artificial intelligence has infiltrated technology and in a short time become a ubiquitous change agent. I wanted to do a portrait project incorporating those AI leaders who have theorized, harnessed and developed this modern tech. I wanted to find out what AI’s visual opinion […]
November 22, 2023    By: Tim Vi Tran,
By Kevin V. Nguyen – Reporter, Silicon Valley Business Journal Nov 20, 2023 On a vacant site near Topgolf San Jose that was previously targeted for a hotel, a Los Angeles developer is now proposing a major housing development. Earlier this month, Genesis Commercial Capital submitted a preliminary application to city planners to build 804 new homes […]
November 1, 2023    By: Tim Vi Tran,
By Ashley Fahey – Editor, The National Observer: Real Estate Edition, The Business Journals Oct 9, 2023 The U.S. industrial market saw an uptick in vacancy in the third quarter, as a record amount of construction delivered and leasing activity waned. Across markets tracked by Cushman & Wakefield plc (NYSE: CWK), the vacancy rate rose to 4.7% […]
October 27, 2023    By: Tim Vi Tran,
By Ashley Fahey – Editor, The National Observer: Real Estate Edition, The Business Journals Sep 18, 2023 The rate of loans backing office properties that are considered distressed or delinquent is on the rise as landlords of outdated office towers struggle to refill vacant spaces and cash flow on those buildings becomes a bigger challenge. A recent […]
October 17, 2023    By: Tim Vi Tran,
By Joanne Drilling and Troy Wolverton – Silicon Valley Business Journal Oct 16, 2023 Being in the top 1% of earners in California required 25% more annual income in 2020 than it did five years earlier. That’s according to data from the Internal Revenue Service, which shows the cutoff for each adjusted gross income by percentile in each state. […]
October 6, 2023    By: Tim Vi Tran,
By Sarah Klearman – Staff Reporter, San Francisco Business Times Oct 5, 2023 Updated Oct 5, 2023 6:00am PDT Many Bay Area jurisdictions started this year largely unfamiliar with the builder’s remedy. As they found themselves newly subject to it, they’ve had to get a crash course. The decades-old provision of California housing law strips jurisdictions that fall […]