Bisnow April 8, 2020 reports that 22.7 million of the 45.8 million total rental units are owned by mom-and-pop individual investors and many of these use their tenants rent to pay their property taxes and mortgages. If they don’t’ have Freddie or Fannie loans, without Federal assistance in mandating the lenders give owners some type…Read More→

According to Bloomberg News April 1, 2020, WeWork is asking landlords to cuts its rent by 30%, in some cases offering revenue-sharing agreements. Early indications are landlords are reluctant. As of June 30, 2019, WeWork is on the hook for $47 billion in lease liabilities.

“Of the Bay Area residents who are still here, nearly half of those surveyed recently said they plan to move out of the region in the next few years, according to a poll released in June by the Bay Area Council.” (Bay Area News Group, July 15, 2018) Folks are leaving in droves, selling their…Read More→

Double-dipping – office Landlords generally have an annual rental increase, which in our region is a 3% per year rent bump, and there is also an operating expense pass-through increase, which usually takes the base year or first year of the lease as a benchmark and then the tenant pays their prorata share of any…Read More→