Global family offices flock to Hong Kong as property, stock market and Greater Bay Area opportunities act as magnet – South China Morning Post

The removal of property curbs, a stock market rebound and growing opportunities in the Greater Bay Area are attracting an increasing number of family offices to Hong Kong, according to industry players. “Many families have been very positive about the removal of restrictions on real estate because that is a very popular asset class for […]

End of property curbs, market rebound attract family offices to Hong Kong – South China Morning Post

The removal of property curbs, a stock market rebound and growing opportunities in the Greater Bay Area are attracting an increasing number of family offices to Hong Kong, according to industry players. “Many families have been very positive about the removal of restrictions on real estate because that is a very popular asset class for […]

Real Estate Developer Soaked by Multimillion Dollar Loss on San Francisco Office Building – Yahoo Finance UK

Real Estate Developer Soaked by Multimillion Dollar Loss on San Francisco Office Building Real estate developer Clarion Properties took a $60 million loss on a San Francisco office building it bought five years ago. The property at 410 Townsend Street is a four-story, 76,000-square-foot building. During the halcyon days of the tech industry, 410 Townsend […]

Bay Area Affordable Projects Need $9.7B in Subsidy to Move Forward – Connect CRE

The 433 affordable housing projects currently in predevelopment across the San Francisco Bay Area need $9.7 billion in public subsidy to move forward, according to a report issued Wednesday by Enterprise Community Partners and the Bay Area Housing Finance Authority (BAHFA). A regional bond measure, potentially valued at $20 billion and planned for inclusion on ballots this November, could […]

Pittsburg adopts blueprint for future growth, allowing for more housing and industrial uses – The Mercury News

A drone view from the Pittsburg Marina in Pittsburg, Calif., on Wednesday, March 22, 2023. (Jane Tyska/Bay Area News Group) The Pittsburg City Council this week approved a long-anticipated general plan that maps out the city’s future for the next 20 years. Dubbed “Envision Pittsburg,” the 2040 general plan offers a blueprint for the city’s […]

Newsom backs bill to add more affordable housing for California’s poorest residents – The Mercury News

Governor of California Gavin Newsom speaks during a press conference on Wednesday, Jan. 3, 2023, at the Los Angeles General Medical Center to urge support for Proposition 1 on the March 5, 2024 ballot. The proposition would overhaul California’s mental health funding system, and a $6.4 billion bond will expand access for hundreds of thousands […]

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