Monthly Archives: April 2013

CIM Expands Bay Area Office Holdings with 3 Recent Purchases

SAN FRANCISCO—CIM Group has purchased 330 Townsend in San Francisco for an undisclosed sun. The 98 percent-leased, 60,000-sq.-ft. office building is located in the South of Market District, which has one of the lowest office vacancy rates in the city. … Continue reading

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Despite High Demand, Some Builders Slow Production

While smaller builders are taking the brunt of the price increases, the big public builders may actually be taking advantage of them. Knowing that supplies are low and demand is high, some are limiting sales in order to keep prices … Continue reading

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How Crazed Is the Bay Area’s Real Estate Market? (Video)

April 22 (Bloomberg) — Redfin CEO Glenn Kelman discusses the madness in Bay Area real estate with Emily Chang on Bloomberg Television’s “Bloomberg West.” (Source: Bloomberg) The recent tech boom in the Bay Area has also meant a boom in … Continue reading

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With Home Listings Low, ‘Spec’ Building Is Back

“We’ve seen the listings in the market drop dramatically. It’s been way, way down for months and months and months. The wave of foreclosures hasn’t come to us in a way that impacts the market. Investors are coming in and … Continue reading

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Jerry Brown’s homes were targets of break-ins

Sacramento — Gov. Jerry Brown said Tuesday that someone attempted to break into his loft in Sacramento Sunday night and that three men attempted to break into his Oakland home about a year ago. The governor, who made the remarks … Continue reading

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