Author Archives: BayApartmentAdvisor

About BayApartmentAdvisor

Nick Myerhoff is a Bay Area apartment market specialist. He owns and operates his own multi-family real estate and assists clients and prospects with their purchases and exchanges of residential commercial real estate in the bay area.

Capital Improvements vs Maintenance

Capital improvements vs maintenance Tenants often request that windows or flooring be replaced and expect that this is a routine repair. There is a distinct difference between capital improvements and repairs. Generally speaking, capital improvements can be passed on to … Continue reading

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Battle Over Costa-Hawkins AB1506

I’ve been getting a lot of calls lately from nervous investors asking about what I think about the recent attempts to repeal Costa Hawkins. For those who aren’t familiar, Costa-Hawkins Rental Housing Act enacted in 1995 is a state mandate … Continue reading

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The T-Note and the 60-year rate cycle

Recently, I’ve been privileged to read the Realty Almanac put out by Realty Publications and First Tuesdays. Who is First Tuesdays and why the cryptic name? They are a California real estate trend resource providing news and data analysis since 1979. First Tuesdays … Continue reading

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East Bay Multifamily Outlook 2017

Recently I had the opportunity to see my friend Mark Lipsett from Pacific Western Bank speak about the state of the multi family market. This was put on by our trade group East Bay Rental Housing Association, EBRHA which is a … Continue reading

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Oakland City Council Imposes 90-Day Moratorium on Increases

In a particularly lengthy meeting, Oakland City Council voted to impose a 90-day moratorium on all rent increases not tied to the Consumer Price Index (CPI) and capping the maximum increase at 1%. Council President Lynette Gibson McElhaney brought forth … Continue reading

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Oakland prepares for influx of Tech companies

Pandora Media Inc. first moved to Center 21 in 2009 and has grown regularly since – and since then, many other companies have followed in the wake. According to the Oakland Chamber of Commerce, the city’s 400+ tech establishments have grown … Continue reading

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What does the oil slump mean for the economy?

The price of oil has dropped sharply since the summer of 2014, settling to a 12 year low- and it prompts many questions- Will the price of oil stay low? For how long? How will markets react to stabilize? Perhaps … Continue reading

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Section 1031 could be repealed!

If you are an avid commercial real estate investor, you are probably aware, IRC Section 1031 has been considered for repeal for the past few years. Whenever you sell a business or investment property and you have a gain, you generally … Continue reading

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Brooklyn Basin Development Project

Recently I had the distinct pleasure of attending a couple of events that highlighted the scale and scope of four major development projects taking place in Oakland, California. BROOKLYN BASIN One of the most interesting projects is one that I … Continue reading

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Oakland’s Uptown – Voted Nation’s best neighborhood

Former Mayor Jerry Brown was able to see the future and thanks to him we are living it here in Oakland. His 10K Housing Initiative bet heavily on the future viability of our downtown (referred to as Uptown) neighborhood and nobody realized how … Continue reading

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