APARTMENT VACANCY RISING IN SAN JOSE
After years of demand outstripping supply, the apartment vacancy rates in San Jose are starting to inch upwards as the COVID pandemic continues to put pressure on housing markets in the tech-rich […]
NEWSOM SIGNS SLATE OF BILLS AIMED AT INCREASING AFFORDABLE HOUSING
Last month, California Gov. Gavin Newsom signed 15 bills designed to address the state’s availability of affordable housing. The measures include incentives to build near public transit and […]
FURTHER TIGHTENING IN OFFICE MARKET DEFIES NATIONAL TRENDS
LOW VACANCY TREND CONTINUES IN SAN JOSE
NOSTALGIC CAMBRIAN PARK REDEVELOPMENT PLANS SPARK COMMUNITY CONCERNS
Responding to public comment and city officials’ concerns, plans for the redevelopment of historic Cambrian Park Plaza shopping center have been revised to better reflect the needs of the […]
MODERATELY-PRICED APARTMENT COMMUNITY GRABS $400K/UNIT SALE PRICE
It’s not very common to find a multi-family community in the Silicon Valley area with rent below the regional average. One such property recently changed hands, sold by the investing […]
OLD TINDER OFFICES GET NEW TENANT
A new tenant has leased the Palo Alto office space previously occupied by Tinder. Globality, a technology firm specializing in artificial intelligence, will move into the space vacated by the […]
SF VOTERS TACKLE HOUSING CRISIS
The recent election provided SF voters with an opportunity to vote on two key measures designed to bring much-needed relief to the growing housing crisis in the Bay Area. Rents in the Bay Area […]
NEW RENT CAPS INCREASE NUMBER OF CONTROLLED UNITS
California recently passed AB 1482, which seeks to cap rent increases at 5% plus the local rate of inflation on apartments 15 years old or older. This increases the number of units subject to the […]
GOOGLE TAKES FIRST STEPS TO FORMALIZE SAN JOSE PLANS
While Google’s plans in San Jose haven’t exactly been secret, a big milestone was recently passed when Google submitted formal applications for it’s mixed use community in San […]
