Monday, December 10, 2018
Home Industry Contributors & Editorial

Industry Contributors & Editorial

San José, Bay Area, Gensler, Silicon Valley, Apple, Nvidia, Google, Facebook, SPUR, The Knight Foundation, San José Downtown Association, Diridon Station

Revitalizing Downtown San José: Design’s Evolution and Impact

By Kevin Schaeffer Downtown San José is well positioned to become the next urban destination. An expanding job market, investment in public transit and more affordable real estate than other parts...
1031 exchange, California, Canadians, American, property, real estate, S&P 500, Walgreen, South Dakota, taxes, investment

McNellis: Is the 1031 Exchange Panacea or Placebo?

By John McNellis Upon selling a supermarket last week, we deposited our proceeds into a 1031 exchange account. Call this maneuver the triumph of hope over experience, because we have...
Christmas, French Bordeaux, Grand Vin de Leoville du Marquis de Las Cases Saint-Julien, Kool-Aid, New York, Malibu, Financial Times

McNellis: Investing in Accidental Assets

By John McNellis Casting about in the cluttered basement the night before our firm’s annual Christmas lunch, I happened across a couple bottles of wine, survivors from a purchase made...
Black Friday, Wall Street Journal, UPS, Amazon, Whole Foods, Wal-Mart, IHL Group, Apple, Occam, Radio Shack, Payless Shoe Source,, Sear’s, Kmart, JC Penney

McNellis: Murder on the Retail Express?

By John McNellis Putting the black in Black Friday, the Wall Street Journal found almost no pulse in traditional retail last Friday, declaring that shoppers were instead flocking to the...
WeWork, WeWork Membership Agreement, Primary Member, Overage Fees, Membership Fees, Commitment Fee, The Space Place, San Francisco

Working with WeWork: A Broker’s and Real Estate Counsel’s Commentary

By Dan Mihalovich WeWork has been in the news lately. From dominating the shared work space arena, to buying an iconic retail department store in New York that will serve...
Bay Area, Northern California, Sacramento, Oakland, San Francisco, San José, Marcus and Millichap’s 2018 Multifamily North American Investment Forecast, South Sacramento, Natomas, Rocklin

McNellis: Housing Crisis Band-Aids

By John McNellis Governor Jerry Brown just signed fifteen affordable-housing bills into law. A few might do a little good. Two senate bills will raise a bit of money. Senate...
Economic Innovation Group, Airbnb, Newgard Development Company, Great Recession, Florida, California, Rust Belt. Southwest

McNellis: California’s Housing Crisis is a High Class Problem

By John McNellis There are problems and then there are high-class problems. Being unemployed is a problem. Getting hit with a huge tax bill is a high-class problem. Not qualifying...
SB 827, California, Summer of Love, Uber, Scott Weiner, McKinsey report, Google, Sierra Club, California, housing shortage, densifying housing near transit stops John McNellis Partners

McNellis: Density and California’s Senate Bill 827

By John McNellis Give Scott Weiner a medal. While not a complete solution, the state senator’s proposed bill, SB 827, directly addresses California’s two most pressing issues—our housing shortage and...
Coblentz Patch Duffy & Bass, San Francisco, Proposition C, Commercial Rent Tax

San Francisco Passes Proposition C to Increase Gross Receipts Tax on Commercial Landlords

Commercial Rent Tax for Childcare Proposition C—the Commercial Rent Tax for Childcare and Early Education—is set to take effect January 1, 2019, and increase the Gross Receipts Tax ("GRT") on...
Tax Cuts, S-Corp, HVAC, Section 179, Qualified Leasehold Improvement Property, Qualified Restaurant Property, Qualified Retail Improvement Property, Real Property Trade, Alternative Depreciation System,

Tax Cuts to Bring New Regulations to Real Estate Businesses

By Robert Keasal The Tax Cuts and Jobs Act of 2017 will be the most complex re-writing of tax codes for flow-through business income since Congress gave us the passive...