Borelli Investment Company Begins Presales At Club Auto Sport in North San Jose Innovative Concept Offers Commercial Condominiums with Concierge Services and an Exclusive Club for Car Enthusiasts Some people who possess a true passion for auto racing or a love of vintage automobiles become serious car collectors. In the past, these growing collections have in turn created growing problems for their owners. Where does one store all these cars? Stashing autos at friends’ homes or in parking garages typically proves to be an impractical and expensive proposition. Now, there is Club Auto … [Read more...]
Local Commercial Real Estate Feeling Few Effects from Subprime Loan Fallout
Local Commercial Real Estate Market Largely Unaffected by Residential Difficulties Vacancy Rates and Late Loan Payments Among Lowest in 5 Years Tighter Money Creating Some Challenges Unless you have been stranded on a desert island lately, you are no doubt aware of theturmoil that has been created in the residential real estate market by the relatively large numbers of nonprime mortgages that have defaulted over the past year. The difficulties have impacted home loan borrowers, lending institutions, investors in subprime mortgage securities, and the various financial … [Read more...]
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