News Archives - The Ivy Group
A Los Angeles developer is pitching a 804-unit housing development near San Jose’s Topgolf
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 […]
US industrial market continues to slow as record amount of construction delivers
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% […]
Where distressed commercial real estate loans are piling up the fastest
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The rate of loans backing office properties that are considered distressed or delinquent is on the rise as landlords of outdated office towers struggle to refill vacant spaces and cash flow on those buildings becomes a bigger challenge.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 […]
Here’s what it takes to be in the top 1% of earners in California
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. […]
The builder’s remedy rocked the Bay Area in 2023. Here are some of the projects it opened the door for
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 […]
Bay Area’s richest people, according to Forbes – San Francisco Business Times
October 4, 2023 By: Tim Vi Tran,
How median salaries fared in 2022 at Silicon Valley’s biggest tech employers
October 3, 2023 By: Tim Vi Tran,
New owner of Seagate’s 30-acre Fremont campus may have bigger plans for the site
September 17, 2023 By: Tim Vi Tran,
By Sarah Klearman – Staff Reporter, San Francisco Business Times Sep 14, 2023 New York-based investor Madison Capital may have bigger plans for Seagate Technology Holding’s research and development campus in Fremont, new filings with the city suggest. The firm, which bought Dublin, Ireland-based Seagate’s (NASDAQ: STX) campus for $260 million in May, has proposed subdividing the 30-acre […]
Track the latest housing goals throughout Silicon Valley and Monterey Bay Area
July 15, 2023 By: Tim Vi Tran,
By Ahavah Revis – Data Reporter, San Francisco Business Times Jul 14, 2023 Updated Jul 14, 2023 3:31pm PDT It’s no secret that the Bay Area housing market remains expensive and out-of-reach for many — and that there’s been a decades-long shortage of affordable units across all counties. The state’s Regional Housing Needs Allocation (RHNA) process determines the […]
