Americans leaving the big cities due to CCP virus lockdowns isn’t just a temporary phenomenon, as young professionals are building homes in smaller cities and millennials are “finally nesting,” according to a report by a California-based commercial real estate firm.
Read MoreA year ago, if I had told you millions and millions of people would be working from home indefinitely, you would have probably dismissed me as someone desperately trying to sell in-home office renovations.
Read MorePublished at Sacramento Business Journal
With an eye toward a post-Covid-19 office environment, one investor has picked up a second Point West building in recent weeks.
Read MorePublished at The Modesto Bee
Since the coronavirus pandemic upended nearly every facet of people’s lives in March, millions of Americans have started to work from home, many for the first time. What began as a precaution quickly turned into months of teleworking, leaving whole office parks sitting vacant not only in Modesto, but across the country.
Read MorePublished at Forbes
Immediately following the Covid-19 lockdown were mass layoffs and furloughs that impacted millions of Americans. People fortunate enough to keep their jobs and work from home had a different experience. Many have embraced a kind of new normal, working from home for months. For some, remote work provided an opportunity to move away from the congested city and the prices that follow.
Read MorePublished at Multi-Housing News
Graceada Partners’ Joe Muratore unveils what makes Sacramento an appealing market to invest in during an economic downturn.
Read MorePublished at Real Estate News TV
Graceada Partners, through its Graceada Partners Fund II, acquired Westlake Apartments, a 148-unit residential community in Sacramento. From what we hear, the deal came in around $23.5 mil ($159k/unit). The property boasts a lakeside location at 1 Shoal Court, near downtown Sacramento in the highly desirable Pocket neighborhood.
Read MorePublished at IREI
One of the biggest open questions during the coronavirus pandemic is what impact it will have on the office industry.
Read More
