Only Half of All Hotel Rooms for Homeless Filled in California

May 23, 2020

By Evan Symon : californiaglobe – excerpt San Diego, Orange Counties at 30% or below capacity On Monday, Governor Gavin Newsom’s office released Project Roomkey data showing that just over 7,000 of the nearly 17,000 state and FEMA-leased hotel rooms and trailers set aside for homeless use during the coronavirus pandemic have been filled. Lower … More Only Half of All Hotel Rooms for Homeless Filled in California

CA Governor Newsom admits economic bankruptcy,..

May 20, 2020

By Carl Herman : carlherman – excerpt threatens First Responders as ‘first laid-off’ but LIES in omission of two proven solutions for full funding championed by leading Americans for 200+ years: monetary reform + public banking… Colleagues and I presenting this data have written and presented at professional international economic conferences and have zero challenges … More CA Governor Newsom admits economic bankruptcy,..

J.P. Morgan Provides $600M CMBS Refi on San Fran Towers Leased to Uber

May 19, 2020

By Mack Burke : commercialobserver – excerpt The two towers are leased to Uber and are part of a larger mixed-use site around the $1.4 billion Chase Center, the new arena of the NBA’s Golden State Warriors A sponsorship group led by Uber and the NBA’s Golden State Warriors has secured $600 million in commercial … More J.P. Morgan Provides $600M CMBS Refi on San Fran Towers Leased to Uber

JPMorgan Chase, American Homes 4 Rent plan to build thousands of single-family rental homes

May 18, 2020

By Ben Lane : housingwire – excerpt Joint venture will develop SFR properties in West and Southeast One of the largest operators of single-family rental homes is partnering with one of the nation’s largest banks to build thousands of new rental homes. J.P. Morgan Asset Management, the asset management arm of JPMorgan Chase and American … More JPMorgan Chase, American Homes 4 Rent plan to build thousands of single-family rental homes

A Backlash Against Cities Would Be Dangerous

May 18, 2020

By Scott Wiener, Anthony Iron : theatlantic – excerpt Undue fears of urban density warp public policy—and make Americans more vulnerable. Cities are a boon for public health—even now. As public-health experts have known for decades, people who live in a city are likely to walk and bike more often, and they live closer to … More A Backlash Against Cities Would Be Dangerous

Stephen Kessler | Progressives are the new conservatives

May 17, 2020

By Stephen Kessler :santacruzsentinel – excerpt While the ongoing coronavirus pandemic will dominate our local, national and international reality for some time yet, eventually Santa Cruz will once again be faced, as former councilman Chris Krohn reminded us last month in this space, with the same issues as before. While it’s easy to point the … More Stephen Kessler | Progressives are the new conservatives

Veritas, San Francisco’s largest landlord with reported $3B in assets, received PPP ‘small business’ loan

May 15, 2020

By Joe Eskenazi : missionlocal – excerpt Veritas, the massive real estate company that owns more than 200 San Francisco properties and in recent years reported a value exceeding $3 billion, was the recipient of a Payroll Protection Program loan of the sort ostensibly earmarked for small businesses. “We applied for and received a Payroll … More Veritas, San Francisco’s largest landlord with reported $3B in assets, received PPP ‘small business’ loan

Now that Twitter employees can work at home forever, what’s to become of its headquarters?

May 15, 2020

By Brock Keeling : curbed – excerpt The tech titan’s move into an Art Deco monolith in Mid-Market was supposed to be a symbol of change. Jack Dorsey, Twitter CEO, emailed his employees Tuesday to tell them that they can work from home permanently, even after the pandemic’s shelter-in-place order ends. “If our employees are … More Now that Twitter employees can work at home forever, what’s to become of its headquarters?

Tech Workers Consider Escaping Silicon Valley’s Sky-High Rents

May 15, 2020

By Sarah Frier : bloomberg – excerpt After major companies announce their employees won’t need to come in, many are recalculating the cost of living near the office… Both Facebook and Google have announced that most people won’t need to come in this year, and Twitter Inc. has told some workers that if they wish … More Tech Workers Consider Escaping Silicon Valley’s Sky-High Rents

Fate of Small Businesses not looking good, Paycheck Protection Program not getting to intended recipients

May 14, 2020

Linked in editor via email : linkedin Small businesses that make up the fabric of communities and daily life in every corner the U.S. are closing their doors forever after the pandemic and subsequent closures ground income to a halt. Despite multiple programs launched aimed at helping local firms survive, 100,000 have already shuttered, according … More Fate of Small Businesses not looking good, Paycheck Protection Program not getting to intended recipients