Archive for October 2021
40 Under 40 honoree: Juliana Almanza with Associated General Contractors of California
Juliana Almanza joined Associated General Contractors of California as a human resources administrator seven years ago, and rose through the ranks to become chief of staff, the second-highest position in the construction industry’s main advocacy group in the state.
SBA 7(a), 504 loans break all-time lending records
The SBA said its lending set a record in 2021. Here’s where the money went and what business owners need to know.
40 Under 40 honoree: Bryce Miller of Sutter Health
Bryce Miller says that he told his friends and teachers, from the age of 8, that he wanted to grow up to be head of business development for Sutter Health.
Rancho Cordova apartments see 150% appreciation in new sale
All the factors seen in recent years for multifamily properties — high demand, tight supply, few new projects and soaring rents — probably explain why a Rancho Cordova property saw more than 150% appreciation in just five years.
East Sac Bacon & Butter to be converted into bar, happy hour restaurant
Siblings Billy Zoellin and Amber Michel, owners of Bacon & Butter, are planning to open a new bar and happy hour restaurant called The Green Room at 3839 J St. in East Sacramento.
This team of ex-marines is taking the quarters out of laundry day
In a nod to the founders’ background, S.F. startup Tumble has also pledged to hire at least 25% veterans.
40 Under 40 honoree: Ladan Ghobad of Enerlite Consulting
Ladan Ghobad started her sustainable design firm Enerlite Consulting Inc. to pursue a practice she had studied in graduate school — combining the analysis of a building’s potential energy use with design to increase sunlight in the building.
Aiming to bring precision treatment to depression, Peninsula startup lands $25M round
The young Peninsula company seeks to win FDA clearance next year for its fast-acting treatment for depression where other drugs have failed.
Pebblebrook CEO: ‘Betting against S.F. would be a mistake’ but that doesn’t mean local hotel dispositions will end
The leader of San Francisco’s second largest hotel property owner was candid that the ‘opportunistic’ REIT will ‘likely sell a few more’ local assets.
Opportunity zones, once touted as transformative for blighted neighborhoods, have mixed record
Though the Covid-19 pandemic is the hot topic in forecasting the future of cities now, opportunity zones were expected to have a major impact, a couple years ago. So as projects labeled opportunity zone investments take shape, commercial real estate market observers are taking stock of how well they’ve worked.