LL CRE

We're happy to have leased this retail space at 3511 Mt.Diablo Boulevard in Lafayette, CA! DM us or contact Kevin Velotta for more information.

Google pours more money into developing housing for the Bay Area, on top of their $1B pledge: https://www.sfchronicle.com//Google-s-San-Jose-megaproject

Several companies have announced their return to work plans. Most can be organized into three buckets of workplace strategies. Click the image below for what we know so far for some of the Bay's notable office tenants.

April is here! We wish you luck this April Fools . Check out our #CRE #listings that are currently on the market: https://myemail.constantcontact.com/Our-Commercial-Real-Est

"We believe most of us benefit by being physically together", says Wells Fargo to employees. https://www.bizjournals.com//wells-fargo-plans-to-start-br

San Francisco native company Reddit, Inc. doubles its valuation after its latest round of funding. https://www.wsj.com//reddits-valuation-doubles-to-6-billio

What were 2020's largest office leases in San Francisco? See the link for the list: https://www.bizjournals.com//office-leases-san-francisco.h

@Compass looks to disrupt the #RealEstate world by going public. The LL CRE group is happy to be a part of the Compass network! https://www.bizjournals.com//compass-real-estate-files-for

#SanFrancisco is trying to encourage #multifamily housing over big single family homes, justifiably so in our opinion. They just introduced new #ordinances that will make it harder to build large (2,500SF+) homes in the city. https://www.bizjournals.com//sf-supervisor-wants-additiona

If you want to pass a residential property on to your children or grandchildren, you may want to think about doing it before February 16th. This has implications for #multifamily investments with 1-4 units. #Prop19 https://www.bizjournals.com//lawyers-advise-those-bracing-

The pendulum swung away from cities last year. Those in the know feel like it will swing back as pricing on condos and apartments become more attractive. See why: http://ow.ly/SxDl50D5qn5

BREAKING: Pebblebrook sells the Sir Francis Drake Hotel for $157.6MM https://news.theregistrysf.com/pebblebrook-hotel-trust-exe/

It's time to adapt. "Coronavirus will not kill the office. [...] The ability to work remotely will not drive most people away from cities and offices, but it will enable many to live and work in new ways and places." http://ow.ly/BJIA50D1Yfa

LL CRE 's Kevin Velotta helped a client purchase this restaurant space in the Tam Valley neighborhood of Mill Valley. Low SBA loan rates mean it's the perfect time to consider purchasing a property for your business!

New Listing for Lease - This +/-1,776 SF #Retail/#Restaurant/#Office space in the rapidly growing #Dogpatch neighborhood is now available. View the Space: http://ow.ly/35nT50CZPgo

The Exchange in Mission Bay is getting a new biotechnology tenant. Signaling renewed signs of recovery in San Francisco's office market. #committothebay https://www.bizjournals.com//vir-biotechnology-dropbox-sub

We are very excited to announce the hire of our Director of Marketing, Johnny Wu. His expertise and forward thinking in branding, marketing strategy, and design will be invaluable to the success of our clients!

We're excited to bring on Kevin Velotta to our team at LL CRE as a Vice President. Kevin is a 13 year veteran of #CommercialRealEstate and will be expanding our team's capabilities in #Office and #Retail #leasing as well as bolster our expertise in #Investment Sales.

California's COVID-19 relief grant applications are now open. Be sure to apply by January 8th if you are a #smallbusiness in need. https://www.bizjournals.com//california-covid-19-relief-gr

Twilio CEO Jeff Lawson makes a very good point. The Bay Area has given so much to tech companies and has so much more to offer. https://www.bizjournals.com//billionaire-tech-ceo-calls-on

In every situation there are winners and losers, check out who they were in 2020: https://www.bizjournals.com//year-in-review-winners-and-lo

#Reddit, a prominent #SanFrancisco based tech company, makes the shocking decision to pay all employees who work #remotely the same salary throughout the country as if they worked in the Bay Area or New York. Is this going to be a new trend? http://ow.ly/fasv50C6drK #TechnologyNews #CommercialRealEstate #BayArea #SanFranciscoNews #Salaries #Exodus #RealEstateUpdate #RealEstate

Just Sold - 284 12th Avenue in the Inner Richmond District of San Francisco. Despite signing the listing in the midst of COVID-19 and the holidays, our team was able to quickly sell the property in 19 days.

#TMG Partners completes the purchase of 300 Lakeside in #Oakland just months after #PGE commits to a long term lease to the building. More details here in the link below. http://ow.ly/4IxI50C2YVf

The LL CRE Group is eternally grateful for the relationship that we have with you and we thank you for the courage and trust that you have shown us. You inspire us to do our very best. In these unique and trying times, we are here for you. Our team continues to stand by you and support your financial goals. We wish you and yours happiness, health and success as you enter the new year and beyond.

San Francisco continues to ease permitting restrictions and fees on restaurants trying to stay open during the pandemic, a good gesture to keep small businesses alive during these unprecedented times. http://ow.ly/ZjFK50C0k1X

New home sales are up 46.9% year-over-year in the United States, according to Zonda. Denver, Jacksonville, and Raleigh top the list of the largest gainers in that time. https://news.theregistrysf.com/new-home-sales-are-unstoppa/

$3,995,000 | New price for 1443-1449 Powell Street! This is a 29-unit mixed-use property in San Francisco's North Beach submarket with recent capital improvements to the common areas and ten of the units. More info here: http://ow.ly/hSXM50CMw4s

Proposed amendments to COPA were presented to city leaders today for consideration: The changes would legally require many owners of multifamily buildings to give nonprofits additional notice if a property that was listed remains unsold after one year and "to provide information to current tenants on potential and ongoing sales, assist qualified nonprofits with due diligence and allow multifamily residential buildings acquired by nonprofits under COPA to convert to a limited ...equity cooperative" Read the full story here: http://ow.ly/zETn50BXII1

While #multifamily is not all roses and sunshine here in the Bay Area, major stakeholders in the region are still optimistic about the future of our region, and with good reason, see why: http://ow.ly/LyaH50CL3uZ

Today's the last day to register to #vote online in #California. We encourage you to exercise your #voting rights! Message us if you need help understanding this year's #realestate #ballot measures. #exerciseyourrights #vote2020 #commercialrealestate #elections #makeachange

Facebook commits $150m to build more than 2,000 affordable housing units in the Bay Area. https://www.bizjournals.com//facebook-affordable-housing-f

966-990 B Street Just Listed! A 7,668 SF #development site in the heart of #Downtown #Hayward, CA. This lot is located in an #opportunityzone and is suitable for up to seven stories of office/medical, retail and up to 11 multifamily units. View more information about the asset in this link: http://www.ll-cre.com/forsale?propertyId=781051-sale

Something for landlords to keep an eye on. https://product.costar.com/home/news/shared/931652557

We're listing this three-unit retail/multifamily mixed-use asset! Great potential for an owner-operator of a restaurant, bar or entertainment venue in the busiest part of the Mission! http://www.ll-cre.com/forsale?propertyId=800287-sale

To all of the small business owners. https://www.bizjournals.com//mayor-breed-unveils-32m-in-in

Monumental sale of the #Genesis South Complex and 4000 Shoreline Court in #SouthSanFrancisco. Traded at $1,260/SF! Reported by the San Francisco Business Times https://www.bizjournals.com//ventas-closes-south-san-franc

Just sold! This handsome and well-maintained seven-unit apartment building in the Outer Richmond went for $2.325M. www.LL-CRE.com

Luxury home sales see a 46% jump in the San Francisco Bay Area: https://www.bizjournals.com//compass-report-bay-area-luxur

Prop. 15 will drastically change how taxes are assessed on your commercial properties. Find out what happens if it passes and the arguments for and against the ballot measure: http://ow.ly/jGV850BTwZy

How does San Francisco's economy recover from COVID? Here are 41 ways it can do better according to a task force of city leaders, citizens and business owners. At no.1 on this list? Supporting major commercial developments and upgrades to its public infrastructure by minimizing construction delays. http://ow.ly/UcaH50BSyzr

Positive words from this Forbes article about #CRE. It's all a cycle! Be ready for the next one! http://ow.ly/lm9A50CAWkF

All about Prop. 21 - A ballot that would amend Costa Hawkins to instate rent control on all 15+ year old multifamily properties. There are some nuances though - read all about it here or contact us for a discussion: http://ow.ly/cjIw50BRzmy

LL CRE 's Jeremy Lee has a positive outlook for San Francisco's #multifamily market in this new Bisnow interview. In short, while activity has cooled in the past months, interest for quality product has returned and the velocity of transactions has picked up significantly. Follow us for more #CRE knowledge and contact us if there are any questions about the market. http://ow.ly/ktyv50BQk30

Top 30 cities in the US ranked based on tech impact. Where does SF rank? https://www.bizjournals.com//cbre-tech-30-real-estate-rank

Proposition H in this November's ballot will streamline or eliminate permitting and zoning regulations for restaurants (and retailers) who are struggling amidst the pandemic. The Golden Gate Restaurant Association estimates that as many as half of the restaurants in SF may close. Check this article for more information about this ballot measure. http://ow.ly/mgoe50BOx5b

#Biden's economic #stimulusplan calls for an extension of the #evictionmoratorium. Details about this and other possible plans in the following The New York Times article: https://www.nytimes.com//biden-coronavirus-stimulus-recess

A sign of life during the holidays for retail! https://www.bizjournals.com//outlet-malls-rebound-tough-re

#MissionBay's last empty parcel is being presented to the Planning Commission, learn about the development here: http://ow.ly/Nh6l50CpmYQ

#AirBNB takes the dive and unveils plans to go #public. High risk for them to do this in the midst of #COVID... https://www.sfchronicle.com//Airbnb-IPO-could-generate-bil

Work-from-Home technology is making its way to the apartments and condos of professionals during COVID restrictions. Check out some of the innovations: https://www.bizjournals.com//covid-pushes-real-estate-into

Mayor London Breed extends the #commercial #eviction moratorium through March, keeping certain tenants safe despite #Covid related #economic hardships. It applies to #businesses with less than $25 million in gross receipts. https://www.bizjournals.com//san-francisco-commercial-evic

Fractional CRE ownership structures such as a Delaware Statute Trust and LLCs are becoming more popular as the investment landscape continues to rapidly evolve. Learn more about them in the link below: http://ow.ly/qycP50Ckgrj

Just Listed! Rare 26-unit turn-key mixed-use residential hotel Offered at $5,900,000. Check the link below for more details. http://www.ll-cre.com/forsale?propertyId=754389-sale

People are prioritizing paying #rent through the #pandemic despite# unemployment issues: https://www.globest.com//why-apartment-rents-have-remain/

100% of #votes have been counted, it looks like #Prop15 fails to pass. Here are results from other key #realestate and #business referenda. http://ow.ly/ao5550CgQuL

Pfizer makes a major breakthrough with their vaccine effort, and #WallStreet responded positively. Will #CRE do the same? https://www.bizjournals.com//vaccine-covid-coronavirus-pfi

Glide Memorial retains its facilities at 330 Ellis Street. The church reached a settlement agreement with its former parent church to stay at its current location in the Tenderloin. https://www.bizjournals.com//glide-settles-lawsuits-retain

Oceanwide Center puts the brakes on construction of its $1.6B development project due to COVID-19. The development site has been under contract for $1.2B with Hony Capital since July. https://www.bizjournals.com//oceanwide-pauses-construction

Two Potential #Redevelopment Sites #JustListed! 966-990 B Street is a #vacant downtown lot in the city of #Hayward. http://ow.ly/eisQ50C7HS7 396 12th Street is currently a bar in #SOMA West with potential to be redeveloped. http://www.ll-cre.com/forsale?propertyId=799203-sale Check the links for more information

#Proposition21, another attempt at altering #CostaHawkins and expanding #rentcontrol, fails to pass in this #election. #Prop15, which would change how #taxes are calculated for #CRE, remains too close to call at this time.

The most recent data shows that falling #rentalrates in #SanFrancisco have stabilized. SF continues to lead the nation in rental rates across comparable classes of #assets. https://www.sfchronicle.com//Rent-prices-drop-again-in-S-F #Apartments #rents #trends #multifamily