Industry News

The economy would have no problem weathering a temporary government shutdown. That doesn’t mean investors should be complacent about one. more >>
Sat, Jan 20, 2018
Source: Wall Street Journal
This 19th century Victorian features parquet hardwood flooring and a brick fireplace. A barrel-vaulted ceiling accents the upper level. Plenty of renovation potential exists in this residence that’s belonged to the same family for more than 70 years. A garage/basement offers a canvas for further expansion and the home has more >>
Sat, Jan 20, 2018
Source: SFGate - Real Estate
Purchased for $749,000 in 1988, the two-story Western SoMa building at the corner of Folsom and Langton Streets, which was home to the recently shuttered BrainWash cafe and laundromat for nearly three decades, is now on the market with a $4.95 million price tag. The 4,000-square-foot Folsom Street parcel upon more >>
Sat, Jan 20, 2018
Source: SocketSite
Like living inside Candy Crush Tucked away at the end of Gilbert Street, located right off Harrison in SoMa, sits an unassuming residential complex with loft-style units. You’ve seen them. You know them. Or do you? Today a unit inside the modest circa-1995 complex lands on the market, and it’s more >>
Fri, Jan 19, 2018
Source: CurbedSF
Increased buyer demand, decreased existing home turnover and not enough new home building has created a perfect storm of “crisis level” low inventory in many of the nation’s most popular cities, including San Francisco and San Jose, according to a new Zillow report. San Jose’s housing inventory was down over more >>
Fri, Jan 19, 2018
Source: SFGate - On the Block

KL Capital Partners News

A Word From KLCAP Many industries are being impacted by the government shutdown and the mortgage industry is no exception. Here are some of the highlights of how the shutdown is affecting the mortgage business: IRS 4506T Processing Most if not all lenders verify a borrower’s income with the IRS more >>

Many capital markets experts looked upon September 18th as the day the Federal Open Market Committee would scale back their Quantitative Easing (QE) program by reducing the $85 billion per month that the Fed was spending on treasuries and mortgage-backed securities (MBS). Instead, Chairman Ben Bernanke announced … Read full more >>

On behalf of the KL Capital Partners team, welcome to the first edition of our newsletter. On a monthly basis, we will update you on the world of real estate finance, share our everyday experiences and offer insight into our approach for overcoming today’s financing obstacles. Topics will range from more >>