Bay Area housing complex lands key loan despite sour real estate scene – Silicon Valley
MILLBRAE — A big transit-oriented development has landed a crucial loan that will buoy the financial fortunes of a residential complex next to a BART station, the project’s developer said. Station 16 Apartments, located near the Millbrae BART station, landed financing to replace a previous construction loan for the apartment complex, according to Republic Urban Properties, the developer of the…
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Once the West Coast’s crown jewel, San Francisco’s real estate market is crashing – New York Post
San Francisco, once the crown jewel of the West Coast, is now teetering on the brink of collapse — and it seems like nobody is sounding the alarm. The city’s housing market, in particular, has been hit hard over the past year, with prices plummeting and homeowners fleeing in droves. JPMorgan Chase CEO Jamie Dimon didn’t mince words when he…
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Tampa Bay welcomes an abundance of stunning, modern new homes – Tampa Bay Times
For decades, Florida’s residential landscape has been dominated by Mediterranean Revivals, cozy bungalows and mid-century ranch homes. Now a new style is firmly taking hold. Call them Miami Modern, California contemporary or, as some critics put it, “those big boxy places.” They are popping up from Davis Islands to South Tampa and Snell Isle to the Pinellas beaches. They typically…
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‘Perfect Storm’: Early 2024 Biotech Bounce Isn’t Helping Deflated Life Sciences Real Estate Market – Bisnow
The stubborn mismatch of life sciences lab space — a growing glut of supply and moderation of demand — hasn’t shown signs of any correction thus far in 2024. Early analysis and data suggest that despite positive market signs and financial activity, including increased Big Pharma merger activity, the runaway success of anti-obesity drugs and a thawing of the initial public offerings market, the biotech…
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Builder’s Remedy Projects Move Beyond Bay Area’s Urban Edge – The Real Deal
The state builder’s remedy loophole has added one notch allowing developers to bypass local zoning rules: urban sprawl across orchards, pastures and vineyards. From Morgan Hill in southern Santa Clara County to the northern edge of Benicia and into Sonoma County wine country, developers are employing the provision of state housing law to plan acres of new homes on agricultural…
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