The Kerwood Apartments

32-Unit Apartment Building

1627 High Street Oakland, CA 9 4 6 0 1 

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The Kerwood Apartments is a very well located, professionally owned and operated, 32-unit apartment building comprised of  9  2-bedroom units, 21 1-bedroom units, and a pair of penthouse suites with 180 degree views. This distinctive 3 story building is a landmark of High Street.

Filed under Apartment Building Listings, Investing in Multi-Family, Market Conditions, Uncategorized · Tagged with , , , , , ,

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Curious to know more about the T-Note and 60-year rate cycle? Do you want to make more educated real estate investments? 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 is a holdover term referencing the foreclosure dates and times in Texas. You can read about First Tuesdays here.
The Realty Almanac is a data-driven analysis of the California real estate market. While the nearly 400 pages of forecasting had on occasion put me to sleep, I ultimately dug through it all. I discovered a surprising trove of invaluable information specific to investors like myself who focus on cash flow and the spread between cap rates and interest rates. This report should be extremely helpful in making decisions about buying and selling in today’s Bay Area real estate market.
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We just listed this 5-unit apartment building in San Leandro and the first showing was great. We had about a dozen prospects come to look at the property which consists of four townhouse style 2 bedroom units and one 1 bedroom unit.

San Leandro 5-unit building for sale

San Leandro 5-unit building for sale


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In November 2011 I toured a 29 unit apartment building located at 156 Estabrook in San Leandro with my clients. It was a very special day because I presented them with a closing gift of a new iPad 2. I came up with the idea of giving the IPad as a closing gift at a signing a few weeks ago, you can read about it in my iPad closing gift blogpost. The day was exciting because I had the gift with me and I had been waiting for the right time to present it to them.

Nick Myerhoff and Link Corkery presenting Ipad 2 gift to clients

Nick Myerhoff and Link Corkery presenting completing a successful 1031 exchange


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I had the pleasure of listening to Richard Knudsen talk about the apartment market in the Bay Area at the local IMF meeting. Richard is an extremely knowledgable veteran broker who is respected by many in the industry. Later I met with Richard to discuss the multi-family housing market and brokerage business in general. Below are the slides from his talk, please take a look at slide #6, it speaks for itself.

Presented By: Richard Knutson, CCIM

Apartment Forecast 2012 for the San Francisco Bay Area


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Filed under Investing in Multi-Family, Market Conditions, Property Management · Tagged with , , , , , , , , , , , , , , ,

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