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SAN FRANCISCO, CA–(Marketwired – August 15, 2016) – Zephyr Real Estate has announced the 2016 Second Quarter Sales Awards for its Marin County office.

Jenn Pfeiffer clinched the Highest Sales Volume Award with an imposing $11,497,000. Pfeiffer also received the award for Highest Number of Transactions, a total of nine. Born and raised in San Rafael, she is dedicated to her clients and her community. She graduated from UC Davis, and began her real estate career 18 years ago and has a proven track record of favorable outcomes for her clients.

Myriam McCarthy and Chris DeNike share the award for Largest Sale Representing Buyers with a $3,520,000 transaction.

Born in Montreal, Myriam McCarthy arrived in Marin via New York City and San Francisco. She brings a broad spectrum of skills that have enabled her to be an award-winning top producer. She is also a dedicated athlete and has completed nine marathons and multiple Half-Ironman races.

A long-time resident of Marin County, Chris DeNike has been in the business over 16 years. He has been ranked No.1 in Mill Valley and has a tremendous network within the Bay Area real estate community. He has a highly successful entrepreneurial background and an astute grasp of the market.

Mark Machado and Stephen Pringle share the Largest Sale Representing Sellers at $2,420,000.

Born and raised in San Francisco, Mark Machado moved to Marin County 26 years ago. He has developed an intimate knowledge of the market and has demonstrated success in the industry. He has received numerous awards and takes pleasure in bringing about maximum benefits for his clients.

With finely-tuned listening skills, negotiating prowess and plenty of energy, Stephen Pringle is well known for making the real estate experience a pleasant one. He brings over 16 years of experience in the business and consistently ranks in the top 10 percent in Marin County.

“Congratulations to Jenn, Myriam, Chris, Mark and Stephen,” commented Erin Millar, Sales Manager at the Marin office. “They are committed to their craft, and it clearly shows in their success stories.”

About Zephyr Real Estate

Founded in 1978, Zephyr Real Estate is San Francisco’s largest independent real estate firm with nearly $2.3 billion in gross sales and a current roster of more than 300 full-time agents. Zephyr’s highly-visited website has earned two web design awards, including the prestigious Interactive Media Award. Zephyr Real Estate is a member of the international relocation network, Leading Real Estate Companies of the World; the luxury real estate network, Who’s Who in Luxury Real Estate; global luxury affiliate, Mayfair International; and local luxury marketing association, the Luxury Marketing Council of San Francisco. Zephyr has six offices in San Francisco, a brand new office in Greenbrae, and two brokerage affiliates in Sonoma County, all strategically positioned to serve a large customer base throughout the San Francisco Bay Area. For more information, visit www.ZephyrRE.com.

Image Available: http://www.marketwire.com/library/MwGo/2016/8/12/11G110356/Images/McCarthy-DeNike-Machado-Pringle-Pfeiffer-a3728ca5501c9f0d83c3951614217642.jpg

Article source: http://finance.yahoo.com/news/zephyr-real-estate-releases-second-160000429.html

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Article source: http://www.sfchronicle.com/business/networth/article/Feds-expand-hunt-for-laundered-money-to-pricey-9140060.php

Things have gotten so pricey that this week alone two high-profile people have been driven out of the Bay Area. San Francisco Federal Credit Union CEO Steven Stapp said he’s taken another job in Portland, in large part because his rent in San Francisco is too high.

And a member of Palo Alto’s planning commission, Kate Vershov Downing, posted a public letter of resignation on Medium, saying she and her family can’t afford the $6,200 rent of a house they share with another family.

Glick said the real estate market is a local issue, with different cities facing different conditions. In Philadelphia, for example, it is “generically busy,” with houses in good areas with good prices being snapped up quickly. In Tuscan, Arizona, however, there is two to three months of inventory for houses under $300,000, he said. And Houston has an overbuilt luxury problem, he said.

“It depends on where you go,” said Glick.

One thing that won’t impact the market will be if mortgage rates rise, he said.

“Mortgage rates don’t matter because the way it is, you are thrilled to be a mortgage,” he said, noting that it is a nightmare getting mortgages approved.

“If the rates go up, people take a five-year ARM instead of a 30-year fixed,” he said.

— CNBC’s Aditi Roy and Linda Sittenfeld contributed to this report.

Article source: http://www.cnbc.com/2016/08/12/silicon-valley-housing-market-is-looney-tunes-real-estate-broker-says.html

Other key artist-run spaces you should know:

2nd Floor Projects (3740 25th Street, No. 205, San Francisco): Margaret Tedesco of 2nd Floor Projects, since 2007, uses her apartment project space to pair contemporary art exhibitions with newly commissioned, limited-edition writing, artist books, and multiples.

Random Parts (1206 13th Avenue, Oakland): Founded in 2014, this Oakland space is run by artists Juan Carlos Quintana and Colleen Flaherty. Their current project “Boom: The Art of Resistance” is a politically charged exhibition and visual archive of current Bay Area anti-displacement tactics, curated by artist-activist Leslie Dreyer.

Galería de la Raza (2857 24th Street?, San Francisco): Founded in 1970 by a group of Chicano artists and community activists in San Francisco’s Mission District, this gallery has long been a forum for the expression of the cultural experience of Chicano and Latino artists. Through programs in visual arts, literature, media and performing arts, Galería fosters public awareness and cross-cultural dialogue.

odium fati (600 2nd Ave, San Francisco): This is a new project by artists Diego Villalobos and Benjamin Ashlock, both formerly of the San Francisco apartment gallery 1038. Their inaugural exhibition of work by Vittorio Orsenigo is on view until August 14.

The Luggage Store (1007 Market Street, San Francisco): Also known as the 509 Cultural Center, this non-profit artist-run multidisciplinary arts organization has been organizing exhibitions, performances, arts education, and public art programs, which are “designed to amplify the voices of the region’s diverse artists and residents” on Market Street in San Francisco since 1987.

100%: This apartment gallery operates in the abode of Evan Reiser (also of City Limits). The gallery’s name (technically the emoji ????) is a “facetious nod to the space, which is not 100% gallery, but rather a mixed-use space.” Reiser balances playfulness with rigorous, critical work, like an upcoming show of Takeshi Moro that opens August 14th. 

—Danica Willard Sachs and Monica Westin

Article source: https://www.artsy.net/article/artsy-editorial-the-bay-area-artist-run-galleries-you-need-to-know

Despite a slowdown in tech startup funding and a hammering of certain public tech stocks earlier this year, Bay Area commercial real estate is as hot as ever.

“There has been a lot of negative banter about tech slowing,” said Hudson Pacific Properties CEO Victor Coleman. In fact, quite the opposite is happening, he said. “Even as certain private companies reign in on expenses, they continue to view the growth of successful business lines and recruiting as paramount, which impacts their space needs positively,” Coleman said.

This time, the growth is being led by big, established players.

Alphabet‘s Google and Apple inked the biggest real estate deals in the second quarter of this year, collectively leasing some 230,000 square feet of additional office space in Silicon Valley, according to real estate firm Newmark Cornish Carey. The two tech giants are already among the largest property owners in the Valley and both added space in Sunnyvale, Calif. which sits in the heart of Silicon Valley adjacent to their sprawling campuses.

“Apple, Google, Facebook and Linkedin continue to expand outside of their respective campuses,” said Christan Basconcillo, Silicon Valley research manager for real estate firm Jones Lang LaSalle. “However, with conditions becoming very tight from an availability standpoint these companies are starting to push into Santa Clara and North San Jose, most notably Google and Apple.”

Landlord asking rates increased in almost every city in Silicon Valley in the second quarter, approaching a $1 per square foot premium over the previous peak of 2007, said Newmark Cornish Carey.

The other biggest deals came from the China-headquartered Cambridge Industries Group — which partners with firms to help with RD and manufacturing — and venture-backed augmented reality rising star Magic Leap. Overseas tech companies are helping to drive momentum, as more and more foreign firms plant flags in the Valley, said Basconcillo.

Article source: http://www.cnbc.com/2016/08/09/silicon-valley-real-estate-shows-almost-no-slowdown-in-tech.html