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Santa Ana, California, United States
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Ben Balmages shared thisWhat a great week at the Restaurant Facility Management Association annual conference. I am extremely proud of my team and all they accomplished these past few days. Some of the highlights of the week included: Getting to serve on and spend time with the incredible RFMA Board of Directors that is helping guide such a great organization Speaking on a panel discussion about the state of AI in facilities management Jeff Lincoln being part of the Leadership RFMA class Steve Herman, CRFP speaking on a panel about technology and also receiving the “Trailblazer” award for all of his amazing work this past year Coordinating a meetup of around 40 people with our sister brands at Yum! Brands led by Sandee Salas, Tee McCluster, and Karen Panczyk as well as some of our Taco Bell franchisees including Brian Davies and Mark Raymond, CRFP and their teams, amongst others Many great takeaways from roundtable discussions and educational sessions that will help drive our team forward Strengthening existing relationships and building new ones with other restaurant attendees, vendors, and the wonderful RFMA staff led by Debi Kensell Thank you RFMA for an awesome experience!
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Ben Balmages shared thisCome work with me and Steve Herman, CRFP!
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Ben Balmages shared thisI’m excited to have been elected back on the board for the Restaurant Facility Management Association and able to serve along such a great group and support a great organization!Ben Balmages shared thisCongratulations to our new RFMA Board members! 👏👏👏 - Ben Balmages, CRFP - Noelle E. Faille, MBA, Ed.D. ABD, CRFP - Sarah Doherty - Rhianon Huff We look forward to welcoming them to the RFMA Board in March at RFMA 2026 in Denver, CO. Special thanks and recognition to all our Board candidates and all our RFMA members who participated and voted in our 2026 Board elections!
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Ben Balmages shared thisWay to go Michael Balmages!Ben Balmages shared thisI was honored to be honored, along with Paul Meyer and Mary Kim, by the Robert A. Banyard Inn of Court at its annual Gala Friday night. I received the "Comm. Tom Schulte Community Service Award" which was presented to me by the fabulous Hon. Mary Schulte (Ret). Thanks to my lawyer friends who attended and my colleagues from ADR Services, Inc. who were there! It was fun. @Marc Alexander, Jon Atabek, Amanda Balmages, Ben Balmages, Emily Balmages, CFP®, Jeanne Behling, John Bowerbank, Haward Cho, Tiffany Chukiat, @Doug Davidson, @Cheryl Escoe, Joelle Escoe, Shirin Forootan, Esq. (AWI-CH), Lola Hahn, Tram Ho, Hekmat (Matt) Kordab, Yadira De La Rosa de Kordab, Esq., Anna Greenstin Kudla, Tom Larson, @Trinity Mai, David Outwater, Robert Redaelli, Norman J. Rodich, Lisha Shanholtzer, @Mae Street, Kseniya Stupak, Charles A. Swartz, @Blake Street (Warren Street Wealth Advisors), Hon. Nancy Zeltzer (Ret), Hon. Thomas Goethals (Ret), @Hon. Frank Firmat (Ret), @Hon. David Chaffee (Ret.)
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Ben Balmages shared thisLooking forward to being part of this panel!Ben Balmages shared thisLet's Take a Trip! Join Ben Balmages, CRFP, Jonnye Chasteen and Shane Brock, PMP, CRFP as they share their stories about becoming leaders in their industries and some lessons learned along the way! 📍My Facilities Journey 🎤 Moderated by Jeremy Weber, CRFP 📅 Thursday, June 5th 🕒 3:00 – 4:00 PM CT Click here to join the journey --> https://loom.ly/emmbvNQ
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Ben Balmages shared thisSo proud of my team getting this recognition from the Restaurant Facility Management Association!Ben Balmages shared thisRound of applause 👏👏👏 for our RFMy award winners 🏆! We want to again recognize and congratulate our deserving 2025 RFMy award winners! During our RFMy Awards Luncheon at #RFMA2025 these RFMA members were recognized by their peers for their innovation, their service and their dedication to the restaurant facilities industry. Click to read more about each of our 2025 RFMy winners: https://loom.ly/TLFHg6g
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Ben Balmages shared thisIt was a great week at the Restaurant Facility Management Association’s RFMA 2025 conference. I’m extremely proud of my entire team for earning the T.E.A.M. Award for outstanding efforts this past year, Sam Olberg for winning the Calm After The Storm award, and Steve Herman for taking part in the Leadership RFMA class of 2025. Also a shoutout to the facilities teams at Habit Burger & Grill and Border Foods LLC for taking home awards as well. The Yum! Brands system was well represented! It is always a wonderful experience learning new things, sharing best practices, and meeting new and existing vendors and brands. I am grateful for RFMA and all they do to support us!
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Ben Balmages shared thisStarting the year off with a bang! I’m excited to share that I’ve earned the Certified Restaurant Facilities Professional (CRFP) designation through the Restaurant Facility Management Association (RFMA). Thank you to everyone at RFMA for the support and resources along the way!
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Ben Balmages shared thisI’m excited to have been elected to the board for the Restaurant Facility Management Association. RFMA has been such a great organization in my growth and I’m looking forward to this opportunity to give back!Ben Balmages shared thisCongratulations to our new RFMA Board members! 👏👏👏 We look forward to welcoming them to the RFMA Board in February at RFMA 2025 in Las Vegas, NV. Special thanks and recognition to all our Board candidates and all our RFMA members who participated and voted in our 2025 Board elections!
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Ben Balmages liked thisBen Balmages liked thisThat’s a wrap. Today is my last day at Taco Bell after a chapter within Yum! Brands that shaped me, pushed me, and gave me the chance to help transform restaurant operations across a 7,000+ restaurant system with some of the most passionate cultural rebels I’ve ever met. I’ll always be grateful to Scott Mezvinsky for hiring me into Taco Bell and helping my family move to Southern California, and the best weather in the world. I’m proud of what we built with the Restaurant Evolution team (REV) and the work we led to improve restaurant execution, Team Member ease, guest consistency, and restaurant-level economics. I found purpose in strengthening the restaurant flywheel: making it easier for managers to run great restaurants, creating better experiences for Team Members, delivering more consistent experiences for guests, and helping franchisees build stronger businesses that invest back into their teams. The work was hard and messy, but meaningful. We moved from Sharpies to easy labels on all bags and boxes, meaningfully improving order accuracy. We turned 50+ manager reports into a simpler daily dashboard. We pioneered Voice AI, making the job easier for Team Members, reducing turnover, improving consistency for guests, and delivering clear ROI for franchisees. And we helped evolve the system from drive-thru-first to a more consistent experience however guests choose to order. The common thread was always the same: make life easier for the people running restaurants, and better guest and financial results follow. Thank you to the REV team, our franchisees, restaurant teams, and all our colleagues and partners. I’m proud of the leaders who grew, the teams who pushed through ambiguity, and everyone who believed innovation only matters once it's real in the restaurant. I’m taking a beat this summer with my family, catching my breath, traveling, and being intentional about where I can help build, scale, and transform next. I’m looking forward to sunshine, interesting conversations, unsolicited career advice, and more time with the kids at a really fun age. To everyone who has been part of this chapter: thank you. I’m grateful, proud, and excited for what’s ahead.
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Ben Balmages liked thisBen Balmages liked thisProud to serve as a 2026–2027 RFMA Resources & Trends Committee Volunteer. Facilities leadership is changing fast. Labor, technology, asset strategy, vendor accountability, cost control, and operational readiness are all moving at the same time. That is why I value RFMA. It gives restaurant facilities professionals a place to share real experience, sharpen the industry, and help build stronger operators across the field. Facilities is not just maintenance. It is strategy. It is risk management. It is operational support. It is leadership. Proud to be part of it. #RFMA #RestaurantFacilities #FacilitiesManagement #KFC #Leadership #ArchitectsOfFacilities
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Ben Balmages reacted on this“Present is the only real thing. You can’t change the past and the future hasn’t happened yet”. This was a PERFECT takeaway from today’s watch party. Thank you Women's Foodservice Forum (WFF) for having me as a panelist today.Ben Balmages reacted on thisCongratulations to our Director of Facilities, Sandee Salas, who was recently featured as a panelist during the Women's Foodservice Forum (WFF)’s session: The Mindset Reset with Karen Allen. During the discussion, Sandee shared her honest perspective on overcoming imposter syndrome, silencing negative self-talk, and recognizing the value of the experience she has earned throughout her career, admitting: "I'm better than I give myself credit for sometimes." She also talked about the importance of mentors and the strong support system that has helped reinforce a powerful truth: she earned her seat at the table! 🙌
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Ben Balmages liked thisBen Balmages liked thisThe longer I work in facilities, the more I realize this role is really about people. (We all know the people part is my absolute favorite) Yes, it’s repairs, vendors, budgets, preventative maintenance, emergencies, and keeping operations moving. But at the center of all of it are the teams relying on those spaces every single day. A store manager trying to get through a busy shift. A team member walking into a clean, safe environment. A guest who never sees the problem because someone handled it before it impacted their experience. That’s the part of facilities work I’ve grown to appreciate most, the ability to create stability in fast moving environments. Some days are spent solving immediate issues. Others are spent building systems that prevent the issue from happening again. Both matter equally. Good facilities leadership isn’t just about reacting quickly. It’s about building trust, communicating clearly, supporting operations, and finding ways to make things work better than they did yesterday. The work happens behind the scenes, but the impact reaches every corner of the business.
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Ben Balmages reacted on thisBen Balmages reacted on thisAfter 39 years with Taco Bell and Yum! Brands, Matthew Nelson's career journey reflects a legacy of growth, impact, and lasting relationships. His biggest takeaway: invest in people, because the connections you build will shape your career as much as the work itself. 💜 Read more about the lasting mark he’s left on Taco Bell! ↓ #39 #Legacy #Finance https://lnkd.in/gMqFyVbi
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Ben Balmages liked thisBen Balmages liked thisStill celebrating our 2026 RFMy Award winners! 🏆✨ During the RFMy Awards Luncheon at our RFMA 2026 Annual Conference, these standout RFMA members were recognized for their innovation, service, and dedication to the #restaurantfacilities industry. See the full list of winners and more #RFMA2026 highlights in the latest issue of Facilitator👉 https://loom.ly/knNtUH4
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Ben Balmages liked thisBen Balmages liked thisTaco Bell Canada is on a serious run. We delivered an incredible 18% same-store sales growth in Q1 on a two-year stacked basis, proving our long-term momentum is real. This success is a direct result of one clear ambition: unleashing the Taco Bell brand in Canada. That means creating relevant brand heat, bringing craveable innovation to market, executing with brilliant operations, and accelerating smarter coast-to-coast development. And we’re seeing it come to life. From Canada’s second annual Live Más LIVE, where we unveiled a fan-driven pipeline of innovation - including Diablo Sauce coming to Canada after a decade of demand, our iconic Chicken Nuggets, the Quesarito and Midnight Baja Blast pouring later this summer - to a fleet of purple limos hitting the road to launch our new Luxe Value Menu, we’re showing up in ways that Canadians can feel, taste, and talk about. This is what happens when you listen to your fans, move with ambition, and build a brand people genuinely want to be part of. I’m incredibly proud of our teams, franchisees, and partners across the country for helping turn that ambition into results. The momentum is real. And we’re just getting started.
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Ben Balmages liked thisBen Balmages liked thisI’m really proud of the continued momentum at Taco Bell. We set bold 2030 ambitions at last year’s Consumer Day, and in 2026, we’re staying focused on building from the strong, accelerated progress we made in 2025. Our Q1 results are proof that this momentum is not only real – it’s growing. Some highlights from the quarter: • +8% U.S. and +5% International same-store sales growth (SSSG), underpinned by healthy transaction growth • Strong 2-year SSSG (lapping a Q1 2025 +9% LY), reinforcing sustained momentum • Robust U.S. restaurant margins of 23.9% (up 1.2 ppts vs. prior year) • Taco Bell International continues to grow, complementing the continued strength and significant scale of our U.S. base There’s still plenty to do as we work toward our 2030 milestones. Staying close to the consumer, making the right long-term choices, and delivering disciplined performance in the near term will continue to guide us. I believe in our teams, partners, and plans – and I feel lucky to be part of a brand with so much potential still ahead! See the full results here: https://lnkd.in/gvaAnDNP
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Certified Restaurant Facilities Professional (CRFP)
Restaurant Facility Management Association
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Academic Excellence Award for Accounting
Paul Merage School of Business
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Joseph McGuire Award for top GPA
Paul Merage School of Business
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Gilberto Rodriguez
Saved By Nature • 3K followers
The SoCal real estate market is shifting, here's what the data says heading into spring 2026. LA County's median home price is $910K with homes averaging 45 days on market, giving buyers meaningfully more time to evaluate and negotiate than we've seen in years. At the same time, sellers aren't losing ground. The sale-to-list ratio in LA County remains at 100%, meaning homes are still selling at asking price. What's driving renewed activity? Mortgage rates have dropped to ~6%, down from 6.84% a year ago. That difference matters, especially in a high-price market like LA. LA County sales jumped 14.2% month-over-month in February as a result. The bottom line: this market rewards preparation. Whether you're buying, selling, or investing in Southern California, having a clear strategy is more important than ever. I help clients navigate this market every day. If you're thinking about making a move, or just want to understand where things stand, feel free to reach out or drop a comment below. #LARealEstate #SouthernCalifornia #RealEstateMarket #HomeBuying #HomeSelling #DreamLifeRealty #SoCalHomes #RealEstateTips #HousingMarket2026
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James Perez, NRBA
NRBA: National REO Brokers'… • 2K followers
🚨 Historic Shift in Housing Prices! 🤯 For the first time ever, newly built homes are now cheaper than existing homes. 🏗️ Builders across Southern California are trimming prices and offering major incentives to move inventory. Meanwhile, resale homeowners are holding firm—many locked into ultra-low mortgage rates and reluctant to list. The result? ➡️ In markets from the Inland Empire to Orange County, the new home down the street could actually cost less than the used one next door. It’s a housing market first — and a big signal of where the market’s headed. #HousingMarket #NRBA #SouthernCalifornia #RealEstate #HomePrices #MarketTrends #Builders
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Michael Schwartz
Newmark • 2K followers
I track healthcare real estate deals every week. Here's what moved the needle this week - and why it matters if you're planning growth in these markets. THE BIG ONES $3.7B - UC Davis Health California Tower (Sacramento) McCarthy topped out the 14-story tower - 334 new beds as part of a campus doubling to 7M+ SF by 2030. That kind of density reshapes the surrounding MOB market for a decade. $1.2B - Healthcare Realty Trust Divestiture - HRT exited 14 non-core markets to deleverage and fund redevelopment internally. If you're a tenant in one of those divested buildings, find out who your new landlord is. $1.1B - MUSC Hollings Cancer Center (Charleston, SC) $885M construction plus $230M in equipment for an NCI-designated cancer center with embedded research space. Charleston's outpatient oncology market is about to get very competitive. $1B - Novant Health Wilmington (NC) Billion-dollar bet on coastal Carolina population growth. If you're a provider in the Wilmington corridor, plan for the downstream MOB demand now. $1B - Hawaii Pacific Health (Honolulu) Final land parcel secured for a full hospital redevelopment. Urban plays this size are rare anywhere - especially in a market this land-constrained. FLYING UNDER THE RADAR $650M - OHSU Knight Cancer Institute Pavilion (Portland) Opens in April. If you're a specialty group in the Portland metro, consider your proximity strategy. $500M - Baptist Health Sunrise (Broward County, FL) Turner broke ground. 100 inpatient beds, robotic-surgery suites, and its own power plant built for hurricane resilience. Western Broward is a high-growth corridor and this campus was designed to expand. $400M - Inland Valley Hospital Tower (Wildomar, CA) Opens next month. Capacity jumps from 120 to 202 beds - SW Riverside County's only Level II trauma center. Inland Empire is still underserved relative to population. $300M - The University of Texas Medical Branch (League City, TX) New 40-bed ED replacing a 17-bed ER. This campus only opened in 2016 and is already running 42K+ ER visits annually. League City to Pearland is one of the hottest healthcare corridors in Texas. $143M - UM Health-Sparrow (Lansing, MI) Two projects: Lansing's first pediatric psych inpatient beds and a new ambulatory surgery center to relieve ORs at capacity. Part of UM Health's $800M commitment after acquiring Sparrow in 2023. Bottom line: capital is pouring into HRE and it's directly compressing site availability and pushing lease rates in these markets. If your group is planning a new location in any of these regions, your negotiating window is getting shorter. What markets are you watching heading into Q2?
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Ismar Maslić, Real Estate Broker/CEO, Montalvo Realty
Montalvo Realty Saratoga • 2K followers
An important reminder for buyers: neighboring markets can behave very differently. Los Gatos, Saratoga, and Monte Sereno may be geographically close, but each has distinct pricing dynamics, inventory levels, and buyer expectations. Understanding those micro-market differences often creates better outcomes than relying on county-wide headlines. DRE #01313976 #RealEstate #MarketStrategy #BayAreaHousing
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Ricaud Pierre
Self-employed • 3K followers
Off Market 16 properties, 200 units in Winslow, Arizona Key Points: Off Market 16 properties, 200 units in Winslow, Arizona NOI from operations $1.3 plus million Real estate appraised last year at $21 million with significant upgrades since then C corporation with additional assets Will appraise higher this year with all the improvements to date Low leverage only 4.5 million in mtge and its assumable rates in the 4 and 5 % fixed range Subsequent to purchase you can tack on an additional 10 million Issues dividends quarterly Company was originally an LLP and converted to a C corp in contemplation of IPO Preliminary audit by top 15 PCOB Audit firm Can continue towards IPO or keep private Where else can you purchase a low leverage real estate entity which is highly profitable and can be purchased for value of real estate with additional assets continuing to accrete and after purchase leverage an additional $10 million. Note: Mortgages of 4.5 million are on three of the nineteen properties so the rest are available for leverage. properties in Metropolitan Statistical Areas (MSAs) with populations between 50,000 and 500,000 where competition from large investment real estate firms is limited and capitalization rates are higher. Recently, there has been an exodus from the coasts and restrictive blue states and an increasing number of retirees and people working from home looking for good weather and high quality of life in middle America and the sun belt. This migration has created an opportunity for high rent demands in the company’s target markets. The company will target locations with favorable landlord/tenant law, reliable future water supplies and low risk of natural disasters, stable employers, and a growing population. The company anticipates purchasing 100+ units in each new MSA it enters in order to closely manage the properties and gain economies of scale with property managers, contractors, and maintenance staff. (Initially spread across multiple buildings.) The company has prided itself on significant growth with limited leverage unlike other real estate firms. The company has increased its appraised property valuation of $7.5 million in 2012 to over $21 million currently This is a great opportunity to purchase an established, very profitable, multifamily company with 19 properties, 208 units and virtually no debt, over $1.3 million in profit and cash flow. You can also recover a large portion of the down payment with subsequent financing of the properties (appraised at $21 million and only $4.6 million in debt, at low interest rates, which is assignable) with low interest Fannie and Freddie financing due to the low leverage of the company.
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Dalia Rhule
Dalia Guizar Rhule, Broker • 4K followers
Ventura County is holding stong is most cities. Piru and Fillmore are more buyers markets and Camarillo and Thousand Oaks have only slighly slower seller market Nation wide here are the trends: ➡️ Price Signals: The median price of new contracts is $399,000, unchanged from last week and about 2% above last year. However, a key leading indicator-the median asking price per square foot-is now nearly 1% below last year. This is the first leading indicator to consistently print below 2024, suggesting weaker future sales prices ➡️ Inventory: The seasonal decline has begun. Available inventory of single-family homes fell 1.25% in the final week of October to 857,000. While this is 16% more homes than a year ago, the major 30% year-over-year growth is behind us ➡️ New Listings: We are not seeing a rush of sellers. The pace of new listings is averaging 61,000 per week, which is below the pre-pandemic "normal" for October. Potential sellers holding back is keeping a cap on supply growth. ➡️ Sales are slightly positive: The market averaged about 2-3% more home sales contracts in October than last year. Year-to-date, the cumulative number of sales contracts is now 0.5% ahead of 2024. The takeaway is that even as sales volumes have finally inched ahead of last year, home prices are softening. We could see more negative price headlines by the end of the year
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Dylan Simon
Kidder Mathews • 6K followers
Seattle’s apartment market continues to separate itself from many of the major metros that saw heavy supply pressure over the last few years. According to Zumper’s latest National Rent Report, Seattle ranked as the 16th most expensive rental market in the country, with: 𝟏-𝐛𝐞𝐝𝐫𝐨𝐨𝐦 𝐫𝐞𝐧𝐭𝐬 𝐮𝐩 𝟑.𝟕% 𝐲𝐞𝐚𝐫-𝐨𝐯𝐞𝐫-𝐲𝐞𝐚𝐫 𝐭𝐨 $𝟏,𝟗𝟕𝟎 𝟐-𝐛𝐞𝐝𝐫𝐨𝐨𝐦 𝐫𝐞𝐧𝐭𝐬 𝐮𝐩 𝟕.𝟒% 𝐲𝐞𝐚𝐫-𝐨𝐯𝐞𝐫-𝐲𝐞𝐚𝐫 𝐭𝐨 $𝟐,𝟗𝟎𝟎 What stands out most is where the momentum is coming from. Nationally, rent growth is beginning to accelerate again as new apartment deliveries slow and excess inventory gets absorbed. Coastal markets with long-term housing constraints are leading the recovery — and Seattle is firmly in that group. The fundamentals here remain strong: ✦ Durable job growth tied to tech, healthcare, and innovation ✦ High barriers to new development ✦ Continued renter demand across urban neighborhoods ✦ Limited long-term housing supply After several years of capital market volatility and pricing resets, the market is starting to feel more balanced again. Buyers are becoming more active, owners are gaining confidence, and well-positioned assets are continuing to outperform. Seattle still offers one of the more compelling long-term multifamily investment stories in the country, particularly for investors focused on supply-constrained markets with strong economic fundamentals. The markets with staying power are beginning to pull ahead again — and Seattle continues to be one of them. 👉 Full report from Crystal Chen and Quentin Proctor here: https://lnkd.in/gWwZjiHD #apartmentmarkettrends #multifamilyinvesting #zumper #rentgrowth
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Daniel Ceniceros
Connect Media • 23K followers
Alexander & Baldwin (A&B), a Hawaiʻi-based owner, operator and developer of high-quality commercial real estate in Hawaiʻi, said Friday that a joint venture formed by an affiliate of MW Group ltd and funds affiliated with Blackstone Real Estate and DivcoWest has completed its all-cash acquisition of the company for approximately $2.3 billion, including the assumption of outstanding debt. A&B shareholders approved the privatization at a meeting earlier in the week. Read more: https://lnkd.in/ezfp6bTw Lance Parker #cre #retail
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Michel G.
Whissel Beer Group | eXp… • 1K followers
Exciting news for first-time homebuyers in San Diego County! 🌟 The County Board of Supervisors has approved $2.5 million in grant funding aimed at assisting low and medium-income buyers with down payments and closing costs. This initiative is crucial as the average age of first-time homebuyers has reached a record high of 40 years nationwide, with San Diego facing even greater challenges due to soaring housing prices. With programs like CalHome, 20 low-income families can access 30-year loans at a 3% interest rate with deferred payments. Additionally, the Prohousing Incentive Program could provide low-interest loans to 14 more families earning up to 120% of the area median income. This is a significant step towards making homeownership a reality for many and building generational wealth. For more details on eligibility and application processes, check out the Housing and Community Development Services website. Let's work together to create a more equitable housing landscape!🏡💰 Read more here: https://lnkd.in/g-GMgNE9 #FirstTimeHomebuyer #SanDiegoHousing #Homeownership #SanDiegoLuxuryHomes #HighEndRealEstate #SanDiegoHomeowners
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Ann Thai
Compass • 12K followers
The Bay Area Is Entering a Strategy Market. Most people want to know one thing: “Is the market hot or cold right now?” But that’s the wrong question. In both Santa Clara and San Mateo counties, inventory is rising and pending sales are also increasing. That means more sellers are entering the market, and buyers are quietly returning. But here’s where it gets interesting. Single-family home prices in Santa Clara are slightly down year over year. In San Mateo, they’re up about 4–5%. Condos and townhomes are softer across the board. So this isn’t a boom. And it’s not a crash either. It’s something more subtle—and more dangerous for people without a plan. It’s a strategy market. In markets like this: • The right property performs well • The average property sits • The wrong pricing gets ignored • And emotional decisions get expensive This is the type of market where outcomes are no longer determined by momentum. They’re determined by the quality of your decisions. The question isn’t: “Is now a good time?” The real question is: “Is my strategy aligned with where the market is going?” — Ann Strategic Asset & Real Estate Advisor www.AnnThai.com DRE01361179 #BayAreaRealEstate #WealthStrategy #StrategicDecisions #RealEstateAdvisor #SantaClaraCounty #SanMateoCounty
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Justin Smith, SIOR
Lee & Associates • 24K followers
Q1 was all about net absorption being meaningfully positive in Southern California Industrial markets. Q2 still saw a lot of new leasing, but an increase in move outs, leading us back into negative net absorption. And a sizeable negative net absorption amount spread out across the Los Angeles, Orange County and Inland Empire submarkets. Real estate cycles are not linear. And who better to help us breakdown the market than Jesse Gundersheim who covers So Cal Industrial for CoStar Group. Jesse and his team of analyst's watch the market like a hawk tracking leasing volume, availability rates, vacancy by size range by submarket, correlations between logistics absorption and population grown, median months on market, asking rates, retail sales, sales pricing, net absorption and that's just the tip of the iceberg. We go into the demand and supply fundamentals in this weeks podcast chalk full of insights to help you make better decisions. Grant La Bounty Chris Vassilian Alan Dao Luke Marthens
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Marcelo Bermudez
Shokunin, Inc. • 6K followers
California just made it easier for operators and commercial real estate owners to build, expand, and open restaurants. - Outdoor dining flexibility extended to 2029 - Fast-track permitting — 20 days or automatic approval - Architects and engineers can self-certify improvement plans If you’re a restaurant owner, commercial real estate operator, or developer, this changes everything. Read my breakdown of AB 592 and AB 671, and see how to turn these reforms into opportunity. https://lnkd.in/gPkEig7d
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Christopher Drzyzga, SIOR
Voit Real Estate Services • 8K followers
Orange County office quietly turned a corner in 2025. Not a recovery. Not a comeback story. But something more important: stabilization. Vacancy is easing. Leasing activity is picking up in specific submarkets. Sales are happening again but only when pricing and quality align. This market is separating fast: Assets with the right location and fundamentals are finding traction. Everything else is being left behind. I break down what actually changed this year, where demand is showing up, and why 2026 will reward discipline more than optimism. If you’re an owner, tenant, or investor trying to make sense of where OC office really stands right now, this update will save you time and probably a few bad assumptions. Watch the full breakdown.
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Steven Thomas
Reports On Housing • 8K followers
📊 The Bay Area housing market is moving at almost the exact same pace as it was a year ago. Overall Expected Market Time held steady at 67 days this March. Some price points saw small improvements, including homes under $750K dropping from 76 to 72 days and $6M+ properties improving from 109 to 93 days. Overall, market timing looks very similar to what we saw in early 2025. #BayAreaRealEstate #ExpectedMarketTime #HousingMarket2026 #RealEstateTrends
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Steven Thomas
Reports On Housing • 8K followers
📈 San Diego Housing Trends | Jan–Jun 2025 Supply has steadily grown this year, with active listings rising from 3,918 in January to 6,330 in June — a 61% increase. Demand, measured by 30-day pending sales, peaked in March at 1,946, but has since dipped to 1,797 in June. More homes are hitting the market, but fewer buyers are making moves as summer begins. #SanDiegoHomes #RealEstateUpdate #MarketTrends #SupplyVsDemand #SanDiegoHousing
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Steven Thomas
Reports On Housing • 8K followers
📊 Southern California Housing Market Update - September 19, 2025 🏡 📅 108 Days Expected Market Time (±0 WoW) 🏠 39,320 Active Listings (-1% WoW) 📈 10,936 Demand (±0% WoW) Southern California saw a mixed week. Mortgage rates dipped below 6.5%, yet demand held flat. Inventory declined, but the Expected Market Time stayed unchanged. This lines up with a typical Autumn Market where both supply and demand ease, but market speed remains steady. Still, with rates steering the market, conditions can shift quickly. #HousingMarket #RealEstate #SouthernCalifornia #MarketUpdate #HousingTrends
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Steven Thomas
Reports On Housing • 8K followers
Buyer Demand Ends the Year Uneven 🎆📊 December activity reflected an uneven close to the year across Southern California. Some markets saw demand soften compared to last December, while others posted modest gains or held steady, reflecting varied local market conditions. 📌 Note: Demand is measured by the number of pending sales in the last 30 days. #SoCalRealEstate #HousingMarketUpdate #BuyerDemand #RealEstateTrends
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Steven Thomas
Reports On Housing • 8K followers
Buyer Demand in May 📊 Year-over-year demand gains accelerated in May, with every Southern California market posting an increase compared to the same time last year. The strongest gains were concentrated in Riverside and San Diego, while Ventura also posted a notable jump relative to its size. 📌 Note: Demand is measured by the number of pending sales in the last 30 days. #SoCalRealEstate #HousingMarketUpdate #BuyerDemand #RealEstateTrends
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