February 27, 2024    By: Tim Vi Tran,
By Devan J. Patel – Reporter, Silicon Valley Business Journal Feb 23, 2024 Updated Feb 23, 2024 4:23pm PST Fremont officials have green-lit a proposal by Kimco Realty Corp. to redevelop a portion of the Fremont Hub mall, replacing tens of thousands of square feet of retail space with 314 housing units, a 13,000-square-foot pharmacy and a parking […]
February 22, 2024    By: Tim Vi Tran,
By Devan J. Patel – Reporter, Silicon Valley Business Journal Feb 20, 2024 Updated Feb 20, 2024 10:58am PST The mixed-use redevelopment of the former Vallco Mall in Cupertino, known as The Rise, has cleared a key planning milestone, paving the way for the project to receive permits and begin construction in the coming months. Cupertino has approved modified […]
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 […]
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The rate of loans backing office properties that are considered distressed or delinquent is on the rise as landlords of outdated office towers struggle to refill vacant spaces and cash flow on those buildings becomes a bigger challenge.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 […]
July 15, 2023    By: Tim Vi Tran,
By Brian Bandell – Real Estate Editor, South Florida Business Journal Jul 14, 2023 Updated Jul 14, 2023 10:26am PDT A spike in interest rates has created challenges for many commercial real estate owners as their low-rate loans come due, and some landlords in Silicon Valley have a key deadline bearing down. According to an analysis of commercial […]
July 8, 2023    By: Tim Vi Tran,
By Ashley Fahey – Editor, The National Observer: Real Estate Edition, The Business Journals Jul 5, 2023 Updated Jul 5, 2023 2:05pm PDT All eyes are on mounting debt in the commercial real estate world, which continues to struggle with higher interest rates, a more cautious lending environment and muted return-to-office and leasing activity in the wake of […]
November 3, 2022    By: Tim Vi Tran,
By Ashley Fahey – Editor, The National Observer: Real Estate Edition, Nov 2, 2022 Updated Nov 2, 2022, 11:21am PDT Negative leverage in the commercial real estate market seen in the third quarter hasn’t reached similar levels since the 1980s. That’s according to an analysis by New York-based Moody’s Analytics Inc., which found the share of commercial mortgage-backed securities loans […]
July 8, 2022    By: Tim Vi Tran,
July 8, 2022 (EDITOR’S NOTE: According to public records, the Bayfair Center sold for $57 million. Property records show that the sale consisted of two parcels, one which sold for $1.47 million, and another that sold for $55.53 million.) San Francisco, CA — Newmark announces the closing of Bayfair Center, a 42-acre regional mall located […]
June 30, 2022    By: Tim Vi Tran,
By Ashley Fahey – Editor, The National Observer: Real Estate Edition, Jun 29, 2022 Capping off what’s looking to be a robust first half of 2022 for commercial real estate deal flow, at least one major firm is betting on a continued strong outlook for the rest of the year. London-based PricewaterhouseCoopers LLP this week found, in the […]