Understanding Opportunity Zones
When the new tax bill was passed at the end of 2017, it contained numerous benefits for investors and businesses, and the tax treatment of real estate changed significantly. However,…
Opportunity Zones in San Jose
Due to the relative wealth of the Silicon Valley area, finding Opportunity Zones for tax-preferred investment is challenging. Few communities have significant census tracts that fully qualify for the program.…
Silicon Valley Experiences Boom in Commercial RE
Image MabelAmber via Pixabay A booming tech sector has led to steady grown in commercial real estate in Silicon Valley, as evidenced by decreasing vacancies and improving rents, according to…
Orchard Corporate Center Sold for $47.79MM
A local private investor has purchased Orchard Corporate Center from South Bay Development Co. The 101,374-square-foot office campus in San Jose sold for $47.79 million, or approximate $471/sq ft. Image…
New Apartment Project in Sunnyvale
Rendering by NKF via CoStar A new 75-unit multi-family housing project is planned for downtown Sunnyvale. With $40.7MM in non-recourse construction financing and preferred equity, Lane Partners and Bay West…
Oakmead West Campus Sold to Houston Developer
The 7-building research and development campus of Oakmead West, located in Sunnyvale, was recently purchased by Houston real estate developer Hines. This, just weeks purchased a seven-building research and development…