There has been a lot of talk the past few months about Opportunity Zones. Below is more information on Opportunity Zones and how you can take advantage of its benefits. What are Opportunity Zones? The U.S. Investing in Opportunities Act of 2017 established new tax incentives for investments in designated underserved communities. These selected areas,
Housing Veteran Blake Peters Joins DCG Strategies Blake Peters, partner in New Cities Investment Partners, LLC, Vice President of Bay Area Property Developers, LLC, and President of Miramonte Development, Inc., joined DCG Strategies, Inc. this month as a Senior Project Manager in Real Estate Development Services. Peters has worked in nearly every facet of real estate
Churches are built on relationships. But what does a church do when it’s time to renegotiate a lease with a decades-old building tenant? New Bridges Presbyterian Church in Hayward, California, had old leases that were holding it back. The leadership learned it can be helpful to have a third-party professional on hand to look out
From the Gymnasium to the Sanctuary: How Resonate Church Found a Home In 2015, when Resonate Church moved its Sunday services to the American High School gymnasium in Fremont, California, church leaders already knew they couldn’t stay there long. The gym was big enough for the church’s growing membership, but it came with many downsides.
Churches understand what it means to serve. To sacrifice. They care for their congregants and their communities without fanfare or reward. Until they can’t anymore. Declining church attendance is already more the rule than the exception. Add on a housing crisis, and mere survival has become increasingly difficult for churches in the Bay Area, as
How to Blend Mission and Money in Real Estate One for-profit business selling property to another is straightforward, as is one nonprofit organization selling a property to another. But what about a husband and wife who want to sell a rental property so that it sustains them in retirement but also want to ensure that
Property: 7600 Dublin Blvd., Dublin, CA Chabot-Las Positas Community College District was founded in 1961 and serves the San Francisco East Bay Area, particularly southern Alameda County, through its two colleges: Chabot College in Hayward and Las Positas College in Livermore. The colleges specialize in university transfer, technical training, continuing education, workforce development, contract education
Property: 35699 Niles Blvd. Fremont, CA Child Family and Community Services, Inc. (CFCS) is a non-profit organization providing education and family support services to low-income families living in southern Alameda County. The agency was established in 1965 as part of the Office of Economic Opportunity and was incorporated in 1974 to become the provider for
Property: 46986 Osgood Road, Fremont, CA Unique Challenge When we were first contacted by Calvary Chapel Fremont, they were leasing approximately 9,000 square feet of retail space and were looking for a more long-term and secure solution for their growing congregation. As with all church uses, finding such a space is a significant challenge due
Property: Peralta Mixed-Use Senior Housing Eden Housing, Inc. is one of Northern California’s premier non-profit affordable housing developers and managers, as well as one of its oldest. Since 1968, Eden has been creating a variety of high-quality affordable housing opportunities for lower-income families, seniors and people with disabilities. Eden’s housing portfolio includes multi-family rental housing,
Property: 1911 Menalto Ave Menlo Park, CA (CCBA) is a ministerial organization serving nearly 100 partner churches in the San Francisco Bay area and California’s Central Coast. The Association supports various ministries locally and abroad, including a prison ministry and a growing multi-site pre-school system. Like many church organizations, the Association needs every dollar it
Property: 6830 Stockton Avenue. El Cerrito, CA 94530 Unique Challenge The El Cerrito United Methodist Church (ECUMC) was blessed with a religious facility comprised of a 200-seat sanctuary, chapel, classrooms, day care area, and business offices totaling over 15,000 square feet of building area. The facility was limited only by the relatively small size of
