Wu rejects potential alternatives to property tax proposal
Mayor Wu aims to reduce rising residential taxes by increasing commercial property tax rates.
Boston City Council sides with Mayor Wu, approves property tax proposal
Mayor Michelle Wu proposed to increase commercial property tax temporarily to assist residential property owners, facing opposition from the business community, pending state lawmakers' approval.
Wu rejects potential alternatives to property tax proposal
Mayor Wu aims to reduce rising residential taxes by increasing commercial property tax rates.
Boston City Council sides with Mayor Wu, approves property tax proposal
Mayor Michelle Wu proposed to increase commercial property tax temporarily to assist residential property owners, facing opposition from the business community, pending state lawmakers' approval.
A 1960s wooden apartment in Minato Ward was transformed into a modern commercial rental property through comprehensive renovations emphasizing light and accessibility.
Mountain View tech buildings are foreclosed as real estate woes widen
Silicon Valley office buildings seized by lender due to commercial property woes
Foreclosure impacts real estate investors in the Bay Area
East Bay buildings flop into default as Bay Area office woes persist
Two East Bay office buildings in Berkeley and Oakland are facing foreclosure due to loan defaults, signaling weakness in the commercial property sector in the Bay Area.
Constitution Square in Berkeley and a downtown Oakland office tower have defaulted on loans of $11.8 million and $10 million respectively.
Mountain View tech buildings are foreclosed as real estate woes widen
Silicon Valley office buildings seized by lender due to commercial property woes
Foreclosure impacts real estate investors in the Bay Area
East Bay buildings flop into default as Bay Area office woes persist
Two East Bay office buildings in Berkeley and Oakland are facing foreclosure due to loan defaults, signaling weakness in the commercial property sector in the Bay Area.
Constitution Square in Berkeley and a downtown Oakland office tower have defaulted on loans of $11.8 million and $10 million respectively.
Erin Toeniskoetter takes key post at family's development company
Erin Toeniskoetter has been appointed as president of Toeniskoetter Development Co.
Toeniskoetter Development is shifting its focus towards providing real estate services for existing buildings and sites.
Onni Group Sues SoulCycle Over $1.2M in Back Rent
SoulCycle is being sued by its landlord, Onni Group, for allegedly failing to pay $1.2 million in back rent for an abandoned location in Downtown L.A.
Onni claims that SoulCycle left the location in March 2020 despite having a lease through October 2031.
High-profile Walnut Creek restaurant and retail center is bought for $40 million-plus
Olympia Place, a restaurant, movie, and retail complex in downtown Walnut Creek, has been bought for $44.5 million by a California-based investment group.
The buying price is about 13.6% below the property's assessed value, suggesting wobbly commercial property values in the area.
Cooking the Books: Why investing in commercial property is both easier and harder than ever before
Investing in commercial property can be a viable option for everyday investors when done through a fund.
The work-from-home revolution, rising insurance costs, and high interest rates have impacted the profitability of commercial property investments.