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Silicon Valley Multifamily Group brokers sale of 16-unit medical office property in San Jose

LOS GATOS, Calif. – Silicon Valley Multifamily Group announced that it facilitated the Q4 2015 sale of a 16-unit medical office property in a prime redevelopment zone in the city of San Jose, Calif. Silicon Valley Multifamily Group (SVMG) marketed the asset on behalf of a local owner at their request of a discreet sale at high …

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Silicon Valley Multifamily Group closes sale of 33-unit apartment building on The Island of Alameda

LOS GATOS, Calif. – Silicon Valley Multifamily Group announced today that it has closed the sale of Bayview Apartments, a 33-unit, two-story apartment building on the Island of Alameda. Silicon Valley Multifamily Group (SVMG) marketed the asset on behalf of the seller, Holmes Business LLC of Fremont, Calif.  SVMG also procured the buyer, Sridhar Equities …

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Economist Predicts the U.S. Real Estate Market Will Remain Steady in the Coming Year

With 2016 around the corner, industry leaders are analyzing the current market to predict what lies ahead for the commercial real estate market in the coming year. It has been established that the Fed will finally raise interest rates in the closing month of 2015 and beyond, but CBRE global chief economist and executive director, …

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Downplaying risk of recession, Yellen indicates an interest rate hike is coming this month

Federal Reserve Chairwoman Janet L. Yellen on Thursday the risk of the U.S. falling into recession next year and indicated central bank policymakers are ready to raise a key interest rate this month, in part to give them flexibility to lower it if the economy slows. “It would be helpful to … give us more scope to …

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Silicon Valley Property Sales Analysis

Following $1.078 billion in sales in 79 transactions last year, the first half of 2015 followed with a slowdown as 26 properties changed hands for a combined total of $268.9 million. The total for the second quarter alone for 13 deals was $121.6 million. Average selling prices for the latest quarter and the first half …

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