Monthly Archives: September 2012

MTC’s real estate deal likely legal but financially risky, says state auditor – Marin Independent

SACRAMENTO — The Metropolitan Transportation Commission’s use of $180 million in bridge toll money to buy a downtown San Francisco office building was likely legal but exposes taxpayers to unknown financial risk, concluded the state’s top auditor. The Bay Area … Continue reading

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Fed May Drive More Investors Into Commercial Real Estate

The Federal Reserve’s decision to buy more mortgage-backed securities from Fannie Mae and Freddie Mac could impact more than just the housing market.  So-called QE3 (quantitative easing) could drive more investors to commercial real estate, in the great hunt for … Continue reading

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13 Bay Area Companies Join USGBC’s California Best Building Challenge

The U.S. Green Building Council (USGBC) and USGBC’s Northern California Chapter (USGBC-NCC) announced today that a total of 13 companies in California have committed to the California Best Building Challenge. Heralded by the Obama White House’s Better Building Challenge that … Continue reading

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What? It’s cheaper to buy than rent in the Bay Area

Earlier in the year, home buying was still considered to be the more pricey route to go when compared with renting in most parts of the Bay Area.  But the tables seem to have turned recently, as both the buying … Continue reading

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Bay Area August Home Sales Highest Since 2006

     La Jolla, CA.-The Bay Area posted its strongest home sales for the month of August in six years, the result of low mortgage interest rates, an improving economy and increasing demand in mid- to move-up market segments. The median … Continue reading

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