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San Francisco Peninsula Archives - The Ivy Group

Mountain View security robot maker launches $12M stock offering

By Anthony Duignan-Cabrera – Contributor, Silicon Valley Business Journal Nov 25, 2024 STORY HIGHLIGHTS Knightscope Inc. announced a public offering to raise $12.1 million. Knightscope signed a deal with Verizon Business for secure connectivity. Knightscope expanded services with Draganfly Inc. for aerial security. Knightscope Inc., a Mountain View company that focuses on AI and self-driving tech, hopes […]

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Here’s how much empty office space is costing San Francisco

By Ari Mahrer and Joanne Drilling – San Francisco Business Times Nov 19, 2024 Office vacancy rates are at their highest point in 45 years. Commercial real estate insiders predict a quarter of existing American office space could be vacant by early 2026. And currently, 11 major metro areas have at least $1 billion worth of empty space. In […]

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Hudson Pacific lands deal to offload Silicon Valley campus ahead of Google exit

By Katie Burke CoStar News November 13, 2024 | 1:49 P.M. West Coast landlord Hudson Pacific Properties is looking to capitalize on escalating interest among office investors as it seeks to offload a Silicon Valley campus ahead of a high-profile tenant move-out. The Los Angeles-based office owner is under contract to sell the Foothill Research Center in […]

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Office Solutions

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Here’s how much it takes to be in America’s top 1% of earners

By Joanne Drilling – National Data Reporter, The Business Journals Oct 7, 2024 America’s 1% earners club is getting even more exclusive. That’s according to a new Business Journals analysis of data from the IRS, which showed the cutoff for the nation’s top 1% of earners grew by 25% between 2020 and 2021 to $699,008. The data is based […]

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Where the Bay Area ranks among the hottest U.S. hiring markets

By Andy Medici – Senior Reporter, The Playbook, The Business Journals Sep 3, 2024 The job marketing is softening nationally, but parts of Northern California and the Bay Area are still among solid hiring markets in the country, especially in terms of pay. That’s according to new data from the research arm of payroll giant ADP, which identified […]

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By Joanne Drilling – National Data Reporter, The Business Journals Jun 16, 2024 Updated Jun 16, 2024 11:19pm PDT If you’re searching for a good deal on a home, the Midwest could be a good place to look. California, on the other hand, is the epicenter of overvalued housing markets. But it’s certainly not alone. That’s according to […]

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New rules are about to reshape residential real estate, and they could wash a lot of agents out of the business

By Ted Andersen – Digital Editor, San Francisco Business Times Aug 15, 2024 Residential real estate agents in the Bay Area are worried right now, and some may have good reason to be. In a few days, a shake-up takes place that many are calling the industry’s biggest ever. A new set of rules will blow up […]

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$20 billion Bay Area affordable housing bond booted off ballot

By Hannah Kanik – Reporter, San Francisco Business Times Aug 14, 2024 A $20 billion regional affordable housing bond poised for the November ballot will no longer be going before Bay Area voters this fall. The Bay Area Housing Finance Authority voted Wednesday morning to scrap the initiative for now, citing a pending lawsuit against the measure […]

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