S&P: Worst Yet To Come For Commercial Real Estate Loans

February 1, 2010

Tweet Despite all the good news that you’ve been hearing about commercial real estate, we haven’t been entirely convinced. We’ve indicated that uncertainty and continued weakness in rents and occupancy are powerful enough forces to keep the commercial real estate sector in check for some time. Now S&P is out with a research paper entitled, “Industry […]


Silicon Valley Apartment Rents Fall 11.5%

January 21, 2010

Tweet Now at a 3-year low, Silicon Valley apartment rents have come down 11.5% from Q4 of 2008. The numbers are derived from an analysis of 426 complexes comprised of more than 78K units. Large complexes in Santa Clara County were 94.7 percent occupied last quarter, up slightly from 94.5 percent in the third quarter […]


Apartment Vacancy At 30-Year High; San Jose Leads Rent Declines

January 7, 2010

Tweet REIS put out data yesterday which pegs the vacancy rate for US apartments at a 30-year high. The vacancy rates now stand at roughly 8% according to REIS data. Rents fell 3% last year, according to Reis, led by declines in San Jose, Calif., Seattle, San Francisco and other cities that had brisk growth […]


A “Bloodbath” In Silicon Valley

January 5, 2010

Tweet Bloomberg is out with a hit piece on Silicon Valley’s office space market. More than 43 million square feet (4 million square meters) — the equivalent of 15 Empire State Buildings — stood vacant at the end of the third quarter, the most in almost five years, according to CB Richard Ellis Group Inc. […]


CPS 3rd Quarter Update and Thoughts on Leasing Activity

November 13, 2009

Tweet CPS emailed us their 3rd quarter Silicon Valley update. It’s a pretty good report that is a bit different than the typical quarterly report which just puts up vacancy and rental rates for each sub-market in that it stratifies the supply in the market, and also goes a bit beyond just a table of […]


Weakness In Apartments; San Jose Rent Falls Most

November 10, 2009

Tweet With unemployment at record numbers, it is no mystery that rents and vacancy rates would weaken in apartments. Especially hit hard are high priced areas such as San Jose, New York, and San Francisco, places where tenants typically leave if they remain jobless. What is also fueling the decline in vacancy rates is the home […]


Silicon Valley Apartment Rents Down

October 21, 2009

Tweet So says RealFacts. On rents… Rents on apartments in Santa Clara County dove by 10 percent in Santa Clara County in the third quarter compared with a year earlier, a report said Wednesday. RealFacts said rents asked at large complexes fell to a two-year low of $1,536, down from $1,708 last year and $1,522 […]


US Retail Vacancies Zoom to 17 Year High

October 8, 2009

Tweet The retail vacancy rate (neighborhood and community centers) in the US is up 190 basis points over last year, reaching a 17-year high of 10.3%. At regional and super-regional malls, vacancies are up 200 basis points YoY to 8.6%. “Until we see stabilization and recovery take root in both consumer spending and business spending […]


US Office Vacancy At 5-Year High; Rents Plummet

October 7, 2009

Tweet REIS is out with data on the US vacancy rate, and it continues to hike down the hill. Vacancy is now at 16.5%, a five-year high. Meanwhile, office space rents are falling at the fastest pace in a decade. Negative absorption in the third quarter proved to continue at a greater level than it […]


Q3 2009 Update: Silicon Valley Rents, Vacancy Rate, and Unemployment Numbers

October 1, 2009

Tweet It’s been about two quarters since we last updated our chart for Silicon Valley office rents, vacancy rates, and unemployment. The latest numbers indicate what we anticipated, and that is unemployment numbers would continue to have a significant impact on rents and vacancy rates. What’s more is that the unemployment numbers continue to be […]

Page 1 of 3123