Real Estate Blog
Power Player 2018: D.H. Griffin Sr.
D.H. Griffin Cos. is known for its recycling, demolition and construction services.
These five megaprojects promise to transform chunks of the Bay Area
Getting approvals to build megaprojects in the Bay Area is always a challenge, and that’s not likely to change, as these developments often face opposition from residents and indifference from understaffed bureaucracies struggling to process these projects.
But the region also has a ravenous need for more housing, especially if it’s close to transit hubs, jobs, shopping and other amenities. So Bay Area cities and developers are working together on potentially transformative projects to add to…
Bay Area shopping malls have new focus: Building housing
Developers across the Bay Area are targeting unlikely locations to build walkable new communities: shopping malls.
Shopping center operators are teaming up with real estate companies on redeveloping these sprawling suburban sites with housing, restaurants, offices, hotels and event space.
In the Bay Area, mixed-use residential communities have been proposed or approved at the Shops at Hilltop in Richmond, Newark’s NewPark Mall, Fremont’s The Hub and Westlake Shopping Center in Daly City.
The…
Why housing costs so much in California and why it may only get worse
California leads the nation in many categories from population to venture capital funding. Add lack of housing supply to the list.
The Golden State is under supplied by 3.4 million homes to meet its current housing needs, according to a report on housing underproduction from Up for Growth California, a nonprofit research and advocacy group. The national shortfall is 7.3 million homes, which means California makes up about half of that total.
Not only does the state not have sufficient housing,…
Can modular highrises help solve Oakland’s housing crunch?
Given the Bay Area’s soaring housing demand and scarce land, building taller residential buildings seems like an ideal solution.
In practice, however, highrise buildings require steel or concrete framing and are far more expensive to build per square foot than lowrise, wood buildings. To cover those costs, highrise developers must target the upper end of the housing market where margins are fattest. But it doesn’t have to be that way, argues Randy Miller, co-founder of RAD Urban, an Oakland-based…
With local acquisition, opportunity knocks at both doors and windows
Two longtime Memphis brands are now under the same roof — or door, as it were.
Dillard Door & Entrance Control acquired Tri-State Glass earlier this fall, the companies recently announced.
“As Dillard diversified and grew into commercial doors of all types, it came to rely on Tri-State for the glass that made up a portion of the doors. This partnership resulted in a long-term relationship that has lasted for decades. When Tri-State expressed a desire to consolidate, Dillard was more than willing…
Our view: Props 1 and 2 offer big money, real action on our housing crisis
California’s housing crisis didn’t build to mountainous proportions quickly or easily, and it won’t be solved that way, either. Given the scale of the problem, the time for modest half measures has surely passed.
Prop. 1 on next week’s ballot represents a better place to start. It would spread $4 billion in new money across a wide variety of existing programs aimed at multifamily housing, development near transit, home loans to veterans and more. Most of it is aimed to benefit low-income…
Houston homebuilder moves to new custom-built HQ in Katy
This will be the first time Newmark will own instead of leased its headquarters.
Power Player 2018: Roy Carroll
His $70 million Carroll at Bellemeade project is due to open in a few weeks.
Power Player 2018: Jon Bell
The company Bell leads has more than 1,500 associates and eight offices, including its Greensboro headquarters.