In San Francisco in 2019 the overall pipeline of housing being developed record 72,865 units, up over 5,050 from Q1 2018. This year’s pipeline is within 3 percent of the current cycle peak record of 8,800 from Q3 2015. Around 16,800 permitted and approved units are in play, while some major housing projects in Treasure Island, […]
Leader in multifamily, retail, and office investment transactions closes major deal on fully-leased apartment complex in Marin County MILL VALLEY, CA – June 13, 2019 – NAI Northern California is pleased to announce the sale of Central Valley Homes Apartments, a 24-unit project constructed in 1988 and offered for the first time in 2019. Joby Tapia represented […]
While Silicon Valley’s tech sector is thriving, cranking out IPOs and flooding the region with high-paying jobs, its retail industry is struggling to keep its boutiques and tiny mom and pop shops open. The number of retail businesses — particularly small retail businesses — has dropped significantly in the Bay Area between 2007 and 2017, […]
Mid-Market’s vacancies, stalled developments trigger plants to activate dormant sites. Stalled developments have meant boarded-up walls, vandalism and empty storefronts have become all too common along the upper stretch of Market Street. The city is hoping a new type of temporary permit will spark change. Read more on NAI Northern California’s newsletter
Bay Area paradox: We need housing, but we don’t want to build faster. Chronic lawsuits against new Bay Area housing developments. Loud, angry protests against pro-growth legislators and mayors. If the Bay Area has an all-season contact sport, it’s the recurring NIMBY fights against housing construction. And although almost everyone agrees housing prices are too high, […]
Earthquake map reveals liquefaction risks in Bay Area neighborhoods. No place in the Bay Area is safe when it comes to the inevitable, devastating earthquakes that loom on the horizon. But some neighborhoods are better situated than others. Read more on NAI Northern California’s Newsletter
How federal ‘opportunity zone’ tax incentive can help California build an inclusive economy. The federal opportunity zone program created by the 2017 tax overhaul, enables investors to defer capital gains taxes on funds invested in designated communities. Opportunity zones offer one path forward that relies on private capital to bear the cost. The program is designed […]
How upcoming tech IPOs could affect the Bay Area housing market. Last week, San Francisco-based ride-hailing startup Lyft finally filed to go public – the first of what is expected to be a number of area startups (such as Uber, Slack and Pinterest) that could be making the leap from the private market this year. […]
Expert in residential real estate joins the team in San Francisco NAI Northern California is pleased to announce that Tina Qi has joined as Investment Advisor in San Francisco to focus on residential real estate. Tina brings over nine years of experience, working side by side with developers in getting their residential projects ready for sale. Tina handles everything from DRE Public Reports to working […]
Even cool, Bay Area housing market is still hot. The San Jose housing market has cooled more than any other in the country — and it’s still the hottest in the nation, according to a recent Zillow survey. The bidding wars and quick cash sales have abated, and home sellers are cutting prices more often and […]