Aziz Khatri

State legislation such as California's Senate Bill 79 is beginning to reshape commercial real estate development by limiting the influence of local zoning restrictions around major transit corridors. The law expands opportunities for higher-density mixed-use projects near rail stations and major bus routes, encouraging developers to reconsider commercial properties that were previously constrained by local height and density limits. Early activity suggests the market is responding quickly,...

For two years, commercial real estate has waited on a single headline. As interest rates spiked and cap rates expanded, major lenders slammed the brakes on new originations. Transactions froze, the bid-ask spread widened into a grand canyon, and a multi-billion-dollar wall of maturing debt was left floating in limbo. Now, the taps are finally turning back on. Mainstream financial media is framing this as the ultimate green shoot, proof that the market is healing. The return of bank debt isn’t...

J. Ash Bowie, Source Wikipedia: Parkmerced neighborhood For years, Parkmerced has represented both the promise and the complexity of large-scale multifamily development in San Francisco. Spanning more than 3,200 apartment units with entitlements that could eventually expand the community to nearly 8,900 homes, the property has long been viewed as one of the city's most ambitious residential redevelopment opportunities. Today, however, the conversation has shifted from expansion to...