Industry News

A jewel box of a Victorian with landmark status in the heart of downtown San Jose is listed for $2.498 million. more >>
Sat, Jul 21, 2018
Source: SFGate - Real Estate
Lime is offering free rides to some in LA (above) and other cities, but still waiting for the green light from SF.
But app-enabled scooter rentals are still in legal limbo in SF App-enabled electric scooters are still idling in neutral in San Francisco, as SFMTA has yet to issue any of the five planned permits that will eventually allow some scooter purveyors to return vehicles to city streets. In the meantime, more >>
Fri, Jul 20, 2018
Source: CurbedSF
General Electric’s quarterly results left Wall Street disappointed and signs of progress in the ailing power-generation division are likely far away. more >>
Fri, Jul 20, 2018
Source: Wall Street Journal
The unemployment rate in San Francisco jumped from 2.1 to 2.7 percent in June as the number of people living in the city with a job dropped by 1,600 to 550,600 while the labor force increased by 1,600 to 565,600. And while there are still 113,900 more people living in more >>
Fri, Jul 20, 2018
Source: SocketSite
Some people get their renovation inspiration from high-end magazines. Others from home makeover shows. But the owners of Unit 104 in the doormanned Francesca high-rise in Nob Hill took their design cues from their favorite restaurants, including the now defunct RN74. The couple used to own in Millennium Tower and more >>
Thu, Jul 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 >>