India Breaking News: Real Estate: Q&A: Commercial realtor Jim Ellis, on the office-space boom

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Friday, August 28, 2015

Real Estate

Q&A: Commercial realtor Jim Ellis, on the office-space boom

Q&A: Commercial realtor Jim Ellis, on the office-space boom

These days, Jim Ellis and the realty firm he heads, Ellis Partners, seem to be everywhere, key players in the most robust development markets of the Bay Area.

$47.5 million Belvedere mansion sale smashes Marin County records

As Marin and Bay Area prices continue soaring into the stratosphere, Locksley Hall, an 1895 Belvedere mansion, sold for $47.

Palo Alto: Buena Vista residents file lawsuit seeking to overturn closure decision

Uncertain that an effort to keep Buena Vista Mobile Home Park from closing will succeed, residents have filed a lawsuit in the hopes of winning a bigger relocation assistance package from the owner.

Largest green roof in the world proposed for new Vallco Mall project in Cupertino

The new owners of Vallco Shopping Mall in Cupertino announced Wednesday they have a $3 billion plan that will radically remake the outdated center and cover it with the 'largest green roof in the world.'And they'll even throw in a new school for the city.

Herhold: Developer Caz Szlendak took on City Hall over Santa Clara future

Developer Caz Szlendak took on City Hall over a big development near Great America amusement park in the 1980s.

Super Bowl 50: Bay Area residents hope to cash in by renting out their homes

With many hotel rooms already booked for Super Bowl 50 next February in Santa Clara, thousands of Bay Area residents are hoping to rent out their houses, apartments, cottages and even spare bedrooms to cash in on the hordes of visitors expected in the region.

Rents rising nationally, Zillow reports

Real estate data firm Zillow said Tuesday that rents rose a seasonally adjusted 4.2 percent from a year ago. The higher rents suggest that demand for apartments is continuing to grow as the share of Americans owning homes has dropped.

US new-home sales rebounded in July

New-home purchases climbed 23.1 percent in the Northeast, with smaller gains in the South and West.

Seeno-run companies pulled strings on mortgage fraud scheme, former employee says in plea statement

The president of Discovery Sales, an arm of the Seeno family home building empire, has pleaded guilty to bank fraud and in his plea agreement unsealed Monday, Ayman Shahid says Seeno family companies directed him to operate the mortgage fraud scam so the business could remain solvent during the housing downturn.

San Jose: Residents say three-story Samaritan Medical Center too big for neighborhood

Plans to build a three-story medical center and three-level garage near the Good Samaritan Hospital in San Jose are getting some pushback from residents who say the project is too large and will increase traffic.

Palo Alto: Developer to face fines if grocery store is not replaced

Starting in late September, the city plans to charge the developer behind a major overhaul of Edgewood Plaza up to $500 per day if a defunct grocery store at the site is not replaced. But for a dozen residents who addressed the City Council on Monday, that's not nearly enough.

Palo Alto: Board increases home loan for superintendent to $1.5M

Even with a six-figure salary, Superintendent Glenn 'Max' McGee is having trouble buying a home in the city.

Bay area workers, immigrant rights groups protest '$500K green cards' program for SF hotel

While San Francisco is celebrating the impending restoration of the Tenderloin's Renoir Hotel by foreign investors seeking U.S. citizenship, hotel workers and immigrant rights groups today expressed reservations about the project.

Richmond: Petition circulating to repeal city's newly adopted rent control policy

A petition to repeal rent control in Richmond is being circulated throughout the city but its backers have yet identify themselves and no one seems to know who is behind the effort.