"Under the extended Stay Home Order, all construction will be allowed to resume as long as specific safety measures are in place. Certain businesses that operate primarily outdoors, such as plant nurseries, car washes, and flea markets, may reopen under San Francisco’s Order. Any employee of a business allowed to operate under the order can also access childcare programs that are allowed to operate. Some outdoor recreational facilities, like skate parks and golf courses, may reopen. The full text of the new order and answers to frequently asked questions is posted at SF.gov."
NAIOP SFBA’s third weekly ZOOM-IN webinar: The Impact of the COVID-19 Crisis on Commercial Real Estate Debt Markets took place on Thursday 4/23 with a virtual crowd of over 100 participating. Jordan Angel, Managing Director, JLL moderated a top notch panel with representatives of three different types of lenders all active in the market and managing large books of business. Panelists included Jake Lehmkuhl, Executive Vice President, California Bank & Trust, John Lippmann, Head of Structuring, New York Life Real Estate Investors and Chris Tokarski, Founder and Managing Director, ACORE Capital.
NAIOP SFBA hosted its second weekly ZOOM-IN webinar on Thursday April 16th, Market Update: San Francisco Office Leasing. The event drew a virtual crowd of close to 120 and featured a panel discussion moderated by Kathryn Collins, Partner, Harvest Properties. Panelists included Mark Anderson, Vice Chairman, Cushman & Wakefield, Conor Famulener, Executive Vice President, CBRE and Chris Roeder, Managing Director, Brokerage, JLL.
The NAIOP SFBA Government Affairs Committee (GAC) has put together the following update for our members to stay informed about California State and San Francisco Bay Area local legislation. The GAC Committee with support from the SF Chapter Board of Directors are excited to announce a partnership with New Deal Advisors. In addition to our Chapter's ongoing relationship with CBPA, that tracks legislation at the State level, New Deal Advisors will be teaming with us to monitor and report on local Bay Area policies that affect commercial real estate.
NAIOP San Francisco Bay Area Chapter (SFBA) kicked off its weekly members-only Zoom-In series on Thursday April 9th with over 100 registrants. The inaugural session, Leases and Loans: Feeling the Effects of the COVID-19 Crisis was moderated by Chapter President David Karol, Principal, Ridge Capital Investors, and featured Phillip Wang, Partner, Rimon Law and NAIOP SFBA Board Member.
Yesterday the White House sent an e-mail with important information -- copied in part below, after this message. It contains links to various documents and the Treasury info site. The most important ones are the application form for businesses to apply for the SBA loan program, and info sheets for borrowers and lenders.
According to some reports, the SBA may have a site up this week and will be able to fund these loans, possibly as soon as Friday.
NAIOP is focused on providing you knowledge that you and your company need right now. Resources include: