BIC-015 fund in conjunction with Aster Avenue Associates raises $10 million; Sunnyvale townhome project now underway Opportunities are often fleeting, but this one was particularly short-lived.  Borelli Investment Company raised $10 million in only one week for its latest investment fund—BIC-015—offered in conjunction with Aster Avenue Associates.  Investors snapped up the $100,000 shares, which are projected to pay an annual return of 12 percent over the expected 18- to 24-month holding period. With the money for the project now raised, KB Home—California’s largest builder of new homes … [Read more...]

When It Comes to Leasing... The Little Things Borelli Does Mean a Lot The executive vice president of a small technology company based in San Diego hops a flight to San Jose. An hour and a half later, he’s in his rented car leaving the airport. His mission: find space for a small secondary location in Silicon Valley. Where does he turn? His specific interests and requirements create a challenge for many brokers: He is looking for less than 1,500 square feet of space. In fact, he would prefer it to be no more than 500 square feet to start. If he can find an office in the 500 square foot … [Read more...]