Jeffrey Weil, CCIM, MCR.h, SIOR
Executive Vice President
San Francisco East Bay
1850 Mt. Diablo Blvd., Suite 200
Walnut Creek, CA 94596
Phone: +1 (925) 279 5590
License #: CA-00786195
Email: jeff.weil@colliers.com
Is your lease going to expire in the next 24 months? Or is your company looking to lease office space in the near future?
I was at a recent broker event with specialists from different commercial real estate segments. Here are some interesting insights from this…the housing market has slowed down; less folks are buying homes and that may have dramatically impacted a number of other industries. Our industrial folks say the construction companies are downsizing, giving up warehouse…Read More→
A double-default is when a real estate borrower has trouble with their loan, either it is due and they are unable o refinance, or they can’t make the payments, and they do a work-out with the lender. The terms are adjusted, or the loan is extended, or other loan modifications so the lender doesn’t have…Read More→
I attended our Fall SIOR National Conference in Los Angeles, and one of the sessions discussed how and why our country will experience increased energy shortfalls. One speaker said that a Chatgpt search uses 17 times more energy than a Google search, and we are seeing huge demand increases for data centers across the Country….Read More→
In BizNow 10/23/24 Jarred Schenke’s article warns about the tax exposure that might result from a landlord handing the keys of the property back to the lender. On top of losing whatever equity you may have once had, in addition to all the time and expense purchasing and then managing the property, there may be…Read More→
Jarred Schenke, writing in NationalCapital Markets, “In total, roughly $3.3B of CMBS loans were transferred to special servicing during the month of September, $1.9B of which were office loans. Now 12.6% of all CMBS office loans are being specially serviced, up from 8.3% at this point last year. The special servicing rate increased for all…Read More→
Much of the United States office markets are still experiencing vacancy rates in around 20%, and in the San Francisco Bay Area even higher, with Oakland at 29% and San Francisco at 35%. I have mentioned previously that the Amazon announcement mandating five-day a week return to office may have a positive impact on…Read More→
Jeffrey Weil, CCIM, MCR.h, SIOR
Executive Vice President
San Francisco East Bay
1850 Mt. Diablo Blvd., Suite 200
Walnut Creek, CA 94596
Phone: +1 (925) 279 5590
License #: CA-00786195
Email: jeff.weil@colliers.com
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