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Battle lines are forming for the future mayor of San Francisco over housing development. Board of Supervisors President Aaron Peskin has planted seeds for a possible mayoral run in the November election, with Mayor London Breed defending her seat by attacking his voting record on development, the San Francisco Standard reported. Breed didn’t hold back, hurling criticisms that may end up highlighting a key wedge issue in the mayoral race: housing.  “I’m sick of his shenanigans,” said Breed about Peskin on the steps of City Hall. “You wonder what’s gone…

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Real Estate Real-estate investors are using a little-known tax strategy the IRS approved in 2004 to exchange properties for a more passive investment while deferring taxes indefinitely: ‘Most people don’t even know is an option’ Kathleen Elkins 2024-03-05T17:46:48Z Share icon An curved arrow pointing right. Share Facebook Icon The letter F. Facebook Email icon An envelope. It indicates the ability to send an email. Email Twitter icon A stylized bird with an open mouth, tweeting. Twitter LinkedIn icon LinkedIn Link icon An image of a chain link. It symobilizes a…

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(George Avalos/Bay Area News Group) The James, a 190-unit, six-story apartment complex at 98 North First Street in downtown San Jose. SAN JOSE — An apartment complex in downtown San Jose aims to convert its retail spaces into residential units, fresh evidence of the turmoil that has jolted the Bay Area’s wobbly commercial property market. The James, a relatively new apartment building, is slated to become one of the latest efforts to convert empty commercial spaces into residences in a quest to meet a steady hunger for housing in the…

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Realtor.com A meticulously restored, three-bedroom Victorian in Marine City, MI, just hit the market for a modest $289,899. The 1,702-square-foot antique was built in 1882. Dubbed The Pink Lady, the home features a modernized interior combined with period details. “The woman who owns it has been there 11 years and is an avid antique collector,” says listing agent Joan Schinderle-King, of Realty Executives Home Towne Chesterfield. “She fell in love with the structure and wanted to bring back its integrity.” Article continues below this ad Schinderle-King notes that the 142-year-old…

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Call it the American dream, tech edition. Nvidia’s Jensen Huang spent some of his formative years living at a Kentucky boarding school. As a young tech worker, he bought a starter home in San Jose, Calif. And then, as his fortunes rose, he added larger homes in the Bay Area and beyond. Today, the 61-year president and CEO is one of the world’s richest people with a portfolio of homes in California and Hawaii. Nvidia’s stunning rise has made Huang—who co-founded the chip maker in 1993 and today owns approximately…

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Photo by Chris Anderson on Unsplash Platform totals $11 billion in capital commitments with $4 billion of remaining capacity BEVERLY HILLS, Calif.–Global real estate investment company Kennedy Wilson (NYSE: KW) announces that its real estate debt investment platform more than doubled in size in the past year and has reached $7 billion in originations with a strong pipeline of new opportunities. The milestone comes on the heels of Kennedy Wilson’s acquisition of a $4.1 billion loan portfolio from a regional bank in June 2023 and the subsequent integration of the bank’s…

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