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March 31, 2023
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• Slide in CA Home Sales and Median Price Continues
4/29/08
For those of you hoping for news of a turnaround in California’s residential market, you may not want to read on, although it’s not likely that this news will come as a surprise to anyone who hasn’t had their head buried in t...
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• Economic Update
4/28/08
Friends and Colleagues: This week Michael Swanson of Wells Fargo Economics talks with us about how we got into this economic situation, and how we will get out of it. How did this recession (or so it seems) begin, and ho...
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• Serene Apartment Market Remains Stable
4/23/08
By Caroline S. Latham CEO, RealFacts In a period of turmoil for condos and single family homes, the rental apartment market is a model of stability. According to statistics released this week by RealFacts, the multifamily da...
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• OC Office Rents Continue to Rise
4/18/08
Average asking rents for office space in Orange County continue to rise, despite a slowing economy and a notable jump in vacancy rates in the region following the implosion of the sub-prime market. The average asking full-ser...
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• Economic Update
4/08/08
Friends and Colleagues: This week Eugenio Aleman of Wells Fargo Economics shares with us his thoughts about the pending (?) recession, and about the propriety of the Fed’s actions in the Bear Stearns matter. Can we finall...
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• Corporate CFOs View Environmental Sustainability with Increasing Importance
4/02/08
Here’s a summary of an interesting survey regarding CFOs’ attitudes about environmental sustainability within their companies. The survey was taken by Jones Lang LaSalle, who provided us with this recap. In the first in-dept...
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• Changing Economy Suggests Cautious 2008 for Bay Area Commercial Markets
3/31/08
This 2008 overview of the Bay Area commercial real estate markets was provided to us by NAI BT Commercial, one of the leading commercial real estate brokerage firms throughout the Bay Area. 2007 - Year in Review The Bay Ar...
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• CA Home Sales News More of the Same
3/26/08
Although much of the country saw an unexpected (and possibly short-lived) spike in home sales in February, California home sales continued on a downward trend, dropping 28.5 percent from February 2007, according to the Califo...
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• 2008 Looking Like More of the Same for CA Housing Market
2/29/08
The first month of 2008 treated California’s housing market no better than the final months of 2007, as sales declined 29.8% in January, compared with the same period one year earlier. Prices also continue to suffer, as the ...
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• Draftsmen & Craftsmen
2/26/08
Here’s some recent news from two SoCal architecture firms, Ware Malcomb and Benson & Bohl Architects. We’ll start with a couple of briefs from Ware Malcomb, including news that design and construction work for Lamborghini Cal...
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• Economic Update
2/25/08
by David Rosenthal
Friends and Colleagues: This week Scott Anderson, Senior Economist at Wells Fargo Economics talks with us about a throwback to the 1970's....that persistent scourge known as Stagflation. Dr. Anderson is generally an optim...
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• CA Home Sales and Prices Take another Hit in December
2/05/08
Many homeowners in California are of the mindset that Congress’ proposed economic relief package can’t come soon enough, as the state continues to endure significant fallout from the implosion of the housing market. According...
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• Condo Development: Time to Live to Fight Another Day
2/04/08
by Jonathan Lee
By Jonathan Lee, Assistant Vice President George Smith Partners As George Smith Partners continues to dialogue with our clients regarding the financial landscape, it is the condominium developer that seems to have the most d...
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• Rosey Outlook for Puget Sound Office Market
1/31/08
The Puget Sound office market closed out 2007 on a high note, thanks to rapidly rising rents, low vacancy rates, and steady absorption. And the outlook for the coming year remains very good, as local experts expect strong con...
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• Economic Update
1/21/08
Friends and Colleagues, The headlines tell us that our economy seems to be in a tailspin.....but is it really? This week Michael Swanson of Wells Fargo Economics talks with us about what the Fed Funds Futures market seems to...
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• Draftsmen & Craftsmen
1/10/08
International contracting firm Kajima Corporation just announced the formation of KCS WEST, a wholly owned subsidiary of Kajima USA Group Company that will offer a broad portfolio of construction capabilities in addition to g...
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• Economic Update
12/11/07
Friends and Colleagues: This week Dr. Scott Anderson of Wells Fargo Economics shares with us some good news, some bad news and some more bad news on the current state of the economy. He looks at the huge dilemma facing Mr...
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• Entry-Level Housing Affordability Holds at 24 Percent in California
12/05/07
The percentage of households that could afford to buy an entry-level home in California stood at 24 percent in the third quarter of 2007, unchanged from the same period a year ago, according to the most recent report from the...
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• Draftsmen & Craftsmen
12/05/07
One of the most exciting developments changing the landscape in downtown Los Angeles is the Market Lofts at 9th and Flower, a brand new $70 mil mixed-use urban community located adjacent to the business and financial district...
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• Commercial Real Estate Industry Should Prepare For Tougher 2008
12/04/07
The residential real estate industry could drag the commercial property sector into a downturn in 2008, and real estate investors, developers and service companies need to start preparing now for what could be a tougher busin...
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