Miscellaneous
Government Sachs Exec To SEC Enforcement Post
October 18, 2009
Tweet The Securities and Exchange Commission tapped Goldman Sachs Group Inc. executive Adam Storch on Friday to serve as the agency’s first-ever chief operating officer of the enforcement division. Well, we can all surely rest easy now. Goldman seems to have now moved an executive over to their US Government desk, the SEC. This move [...]
Read More >>Dear Business Journal: Drop The Annoying Ads
October 17, 2009
Tweet The Business Journal is a pretty good publication. They manage to pump out a pretty good variety of news on a daily basis. They also cover a lot of different markets which make it a consistent source to look to when searching for current and past news. But, they have for a while been [...]
Read More >>How A Zoning Change Turned Into a Debate About Healthcare
October 16, 2009
Tweet Bay Area Surgical, seeking to open a new surgical center in Campbell has run into some serious opposition. On October 6th, the group was seeking a zoning change to convert an industrial property into a surgical center. What should have been a fairly straight-forward meeting turned into a session where some pretty heavy hitters contested [...]
Read More >>Stanford Reportedly Dumping Brand Name Investments
October 9, 2009
Tweet The New York Times DealBook is reporting that a portion of Stanford’s portfolio that it is looking to sell includes interests in funds from blue chip investors such as Kleiner Perkins, Sequoia, Hellman & Friedman, Bain Capital, etc. [via NYTimes]
Read More >>Tax Credits and The Law of Unintended Consequences
September 29, 2009
Tweet Calculated Risk has a great post on how tax credits designed to move the housing market are leading to additional pressure on banks, holders of CMBS, owners, and ultimately taxpayers. The rental vacancy rate for housing in this country is already at some 10.6% as of the second quarter, 2009. The tax credits are [...]
Read More >>Thoughts on Increased M&A Activity
September 17, 2009
Tweet We’ve seen and been hearing a lot about the uptick in the amount of M&A activity over the past few weeks. Locally, Adobe (Omniture) and Intuit (mint.com - a small acquisition) have cut deals in the past week, and IBM, Oracle, EMC, and others have very recently engaged in deals as well. This is undoubtedly a positive sign, particularly [...]
Read More >>Treasury Reworking Tax Rules to Help Dampen Commercial Real Estate Fallout
September 16, 2009
Tweet The Treasury today introduced new tax rules to help services, borrowers, and lenders to modify loans without having to worry about triggering tax penalties. Until now, tax rules have made it difficult for borrowers who are current on their payments to hold restructuring talks with the servicers of these bonds. Developers and investors complain [...]
Read More >>Commercial Real Estate Crisis
September 10, 2009
Tweet Are more and more people beginning to wake up to the idea of a commercial real estate crisis? It seems so, based on the number of hits this blog is getting from people searching for commercial real estate crisis. We’ve noticed, over the past week, a pretty big jump in people finding this blog [...]
Read More >>New Marketing Gimmick For CRE?
August 30, 2009
Tweet The U.S. naturist property market has survived the global recession because the majority of house- buyers in unclothed communities are older and don’t need mortgages, the Financial Times reported. Well perhaps it applies to CRE as well. Can’t find tenants or buyers? Perhaps you’re just marketing to the wrong crowd…. [via Bloomberg]
Read More >>WOW
August 28, 2009
Tweet Two men have been arrested for allegedly beating up a cab driver who picked them up early this morning from a downtown Pleasanton establishment. Police said Jaswinder Bangar, 38, of Livermore, picked up two men at the Redcoats British Pub and Restaurant about 12:55 a.m. and was taking them to Danville, when he said [...]
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