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...

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...
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...
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...
Covid-19

C’mon Office Landlords – Get Real

By Dan Mihalovich It's been a tough year for everyone for all kinds of reasons. My sympathies and condolences to all who've suffered, and many have. This note, though, is...
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...
Aramis Renewable Energy Project Alameda Livermore Intersect Power Bay Area solar power installation Northern California

Opinion: Alameda County Approves 350-Acre Solar Farm in Livermore & Californians Hate It Immediately

By Vladimir Bosanac Years ago, we were fortunate to have the legendary Lew Wolff speak at one of our events in Silicon Valley. He drew a big crowd, over 400...
Yardi Matrix, Las Vegas, Phoenix, Sacramento, San Francisco, Bay Area, San Jose, Seattle, Houston, Multifamily Market

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...

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