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Business

Report: Bay Area developers see headwinds in housing market

A new report forecasting the real estate market in California shows a fairly sunny outlook for the Bay Area, though it notes the region may be facing some headwinds where it matters most: housing. The report, called the Commercial Real Estate Survey, is released semi-annually by prominent California law firm Allen Matkins and the UCLA...

NextSpace coworking office in downtown San Jose closing

Coworking is on the rise in Silicon Valley, but one popular coworking space in downtown San Jose will close its doors. After eight years, NextSpace on 97 S. 2nd Street will close on Aug. 31 after its lease was not renewed. At least 24 companies and individuals will be scrambling to find a new office...

Google announces first housing investment from $1B commitment

Google announced Wednesday how it will spend the first $50 million of its $1 billion housing commitment in the Bay Area. The Mountain View-based tech giant is set to invest the funds to the Housing Trust Silicon Valley’s TECH fund, an initiative launched about two years ago by the San Jose nonprofit to offer low-interest...

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