South Bay/San Jose Archives - Page 3 of 13 - The Ivy Group

$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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Top of the List: Commercial Developers

By Ahavah Revis – Data Reporter, Silicon Valley Business Journal Aug 1, 2024 This week we rank Greater Bay Area Commercial Developers by square feet of development in the pipeline, which includes projects that are in planning, proposed, approved and under construction. From FivePoint Holdings’ Candlestick Park and San Francisco Shipyard to SteelWave’s Discovery Station Retail in […]

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Townhome complex coming to Sunnyvale as builders gravitate toward high-density housing

By Clare A. Fonstein – Reporter, Silicon Valley Business Journal Jul 29, 2024 In an area with low housing supply and soaring home prices, local first-time buyers are trying to find affordable options. A San Ramon-based company is placing its bets that townhomes are the solution. The homebuilding business, Homes Built for America, is expecting to complete construction […]

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Top of the List: Office and R&D Leases in San Jose

By Ahavah Revis – Data Reporter, Silicon Valley Business Journal Apr 29, 2024 Updated Apr 29, 2024 10:21am PDT This week’s list of Office and R&D Leases in San Jose accounts for more than 1.6 million square feet signed in 2023. Of the 30 leases ranked, 47% were for a new lease and within the 53% of renewals, […]

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Top of the List: Family-Owned Businesses

By Ahavah Revis – Data Reporter, Silicon Valley Business Journal Apr 22, 2024 This year’s Family-Owned Businesses list includes 50 businesses, with the top 25 accounting for over $7 billion in (combined) revenue in 2023. And, of the 45 businesses that provided employee numbers, that translates to 7,849 jobs. The top three businesses each had revenues north […]

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These are the most overvalued — and undervalued — housing markets

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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In major shift, S.F. real estate brokerage says goodbye to its agents in favor of AI

By Ted Andersen – Digital Editor, San Francisco Business Times Jun 12, 2024 Updated Jun 12, 2024 1:08pm PDT In a major shift, San Francisco-based Avenue 8 said it’s shutting down the residential real estate brokerage side of its business in favor of selling its AI-powered real estate assistant Sidekick. The company on Tuesday announced the “strategic realignment” […]

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Tenants increasingly prioritize debt-free landlords in their search for office space

By Ashley Fahey – Editor, The National Observer: Real Estate Edition, The Business Journals Jun 5, 2024 As billions are set to mature within commercial real estate-backed loans, tenants are putting extra scrutiny on prospective landlords’ financial wherewithal before signing leases. And while a preference for the newest or most-updated office towers that offer a bevy of […]

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Are San Francisco and Silicon Valley’s housing markets overvalued?

By Joanne Drilling – National Data Reporter, The Business Journals Jun 5, 2024 Soaring home prices in the Bay Area are eclipsing the median buying power of local residents at some of the highest levels in the nation. That’s according to data from First American Financial Corp., which found the housing markets in at least half of […]

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Office upfit costs continue to rise but have leveled off from inflation spikes

By Ashley Fahey – Editor, The National Observer: Real Estate Edition, The Business Journals May 29, 2024 As companies continue to view their office real estate as a recruitment and retention tool, the cost to build out those spaces keeps climbing. That’s according to a recent analysis by Jones Lang LaSalle Inc. (NYSE: JLL), which found the […]

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