Bay Area Real Estate Deals of the Year Winners

There are some truly staggering deals getting done. The winners for last year included over $2B in Hospital projects with CPMC and the Google lease of 386k SqFt at Halls Plaza worth $125MM.

This year is likely to top last year with the Salesforce lease up maybe reaching over 1MM sf. With cranes everywhere and new ordinances coming into play to limit annual office construction we maybe starting to max out.

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2014 S.F. office sales market could hit $3 billion

San Francisco continues to break records on all levels which is an excellent indicator for strength in the apartment market. Average rent price/month in San Francisco was $1,995 in 2010 and are now $3,400.

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Europe's Top Property Fund Shows Taste for Risk

Europe’s larger funds are pumping more money into US Real Estate as a safety hedge against their own economies. Good news for institutional quality assets Nationwide.

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Fed is expected to keep stimulus going even as recovery takes hold

This good news for Commercial Real Estate in the US as the government continues to prop up the economy and keep interest rates down. It definitely sets up a clash with those that want to trim the deficit and hold down government spending.

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Ex-Yahoos Confess Marissa Mayer Is Right To Ban Working From Home

The system of working remotely is not always what it is cracked up to be. Within Yahoo it has created a lifestyle of slackers and people that are so remote that they are difficult to get hold of. Tech innovation is about collaboration so when team members are not together you lose the water fountain culture. Here in San Francisco we are surrounded by Tech companies and the “working remotely” way. After the Yahoo incident one wonders if other companies will reassess this idea.

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Private-Equity Real Estate Commitments On The Rise

It makes a lot of sense that investors will return to the same pot if the returns continue to be strong as they have been. The issue maybe if interest rates start to slowly climb and the economy remains flat the spread may not be as strong.

Some 49% of investors made new commitments in 2012 for private real estate funds and 53% expect they will make new commitments this year, according to Preqin. Improved returns have fueled investor interest in this asset class. CoStar Group (2/20)  

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