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Calabasas, California, United States
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🌟 May is Asian American and Pacific Islander Heritage Month! 🌟 Let's celebrate the rich cultural diversity, contributions, and achievements of the #AsianAmericanandPacificIslander community. From groundbreaking innovations to inspiring leadership, AAPI individuals have shaped history and continue to make an impact every day. Did you know... 📈 The AAPI population is one of the fastest-growing racial groups in the United States, with a population of over 24 million in 2020. 👥 Asian Americans and Pacific Islanders comprise a diverse group of people with roots in over 20 countries in Asia and the Pacific Islands, speaking over 100 languages. 🏫 Asian Americans are among the most highly educated racial or ethnic groups in the U.S., with high rates of college enrollment and completion. 🏢 Asian Americans contribute significantly to the U.S. economy, with high rates of labor force participation and entrepreneurship. 🧪💻🎭🏅 AAPI individuals have made significant contributions to various fields, including science, technology, arts, sports, and politics. These statistics highlight the rich diversity and contributions of the Asian American and Pacific Islander community in the United States. I hope you join me in taking the opportunity this month to honor #AAPIHeritage, acknowledge the struggles, and amplify #AAPI voices. Together, let's foster inclusivity, diversity, and belonging in our workplaces and communities. #AAPIHeritageMonth #CelebrateDiversity #InclusionMatters https://lnkd.in/e8wv4dAu
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Azer Manashir
#SFBayArea small business owners are more optimistic about the future compared with their peers across the nation. I had an opportunity to cover this segment with @San Francisco Business Times’ @Mark Calvey by delving into @Bank of America’s new Business Owner Report. In the interview, I noted industries that are predominant in the Bay Area are all in growth mode, adding especially strong sectors include #tech, engineering, specialty contracting and #healthcare, that drive this business confidence. According to the report, 54% of Bay Area small business owners said they plan to expand in the year ahead, outpacing the 39% of national respondents. The report also discovered nearly all Bay Area business owners have "digitally optimized" their businesses, with 65% of local owners noting that they are using artificial intelligence and automation. Read more about the findings in the #SFBT story.
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Mark Washington, CFA
Last week's CBRE PNW Multifamily Roundtable Breakfast was a successful and insightful discussion thanks to all that attended and special guest Matt Vance, Head of Multifamily Research & Senior Economist at CBRE. Here's the recap: Seattle Supply & Demand: Demand slightly outpaced supply and brought Seattle's vacancy down in Q1; unique to Seattle in comparison to the rest of the nation #1 Seattle Market Driver: Rent Vs. Own Premium: Seattle has one of the highest premiums in the country, it is now more than 2.5 TIMES more expensive to buy than rent; A 20% down payment on the median Seattle home is nearly equivalent to 6 YEARS of the average rent. #2 Seattle Market Driver: Job Growth: Like many Sun Belt markets, Seattle is also expected to outpace the national average for job growth over the next five years. Real Estate Investor Survey: Multifamily has steadily become the clear leader for the largest share (44%) of total investment into U.S. real estate, nearly double the next closest share (23% industrial/logistics)
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Steven Dooley
I had the pleasure of joining Sam Belden, VP and Head of Content at Forefront on At the Forefront: Fintech Conversations! Tune in to hear about Convera’s Fintech 2025+ report that discusses the key trends we’re seeing in the cross-border payments industry and the major trends and tech that are impacting global commerce today. #fintech #futureofpayments #fintech2025+ #crossborderpaymetnts
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Jason Allen Jones
NOTHING DEMONSTRATES SUPPORT FOR A PROGRAM MORE THAN A SATISFIED CLIENT. Our "Loan Sponsor Program" is once again receiving glowing accolades in 2024. If you: Seek a return of 18% or higher annually (equivalent to 1.5% per month or more). Desire your capital to remain shielded from risk (as it stays under the care of a trusted lawyer). Then, considering becoming a "Loan Sponsor" is highly advisable. "From our initial interactions, it's evident that Fundingnet conducts its operations with utmost professionalism. Communication has consistently been exemplary. Since we joined the Loan Sponsor Program, FundingNet and their associates have remained steadfast in providing prompt responses to our inquiries, ensuring our needs are met. The program consistently delivers the promised results. We eagerly anticipate future collaborations with Fundingnet should further opportunities arise." Glen, Co-Founder & Chief Investment Officer Investment Management Firm, Toronto ON (Firm name withheld to comply with Regulatory requirements as per CIO's request) "We joined the Loan Sponsor Program towards the end of 2022, and have been thoroughly pleased with the outcomes. Everything has functioned seamlessly. Payments arrive punctually and as anticipated. The program has performed precisely as advertised, instilling continued confidence in FundingNet and their offerings." Judith, Owner Real Estate Investment Company, Philadelphia (Full name and company information redacted for client privacy) For additional details, please visit: https://lnkd.in/g3mGwdE4
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Astrid Benedetto, MIM, CPPM (she/her/hers)
U.S. Bank is proud to be recognized as a best place to work for disability inclusion. For the seventh consecutive year, we’ve earned a score of 100 on the Disability Equality Index® and are an American Association of People with Disabilities and Disability:IN #BestPlaceToWork24 for #DisabilityInclusion. The Disability Equality Index has become the leading independent, third-party resource for the annual benchmarking of corporate disability inclusion policies and programs, and is now trusted by more than 70% of the United States Fortune 100 and nearly half of the Fortune 500. The index is a comprehensive benchmark that helps companies build a roadmap of measurable, tangible actions across five scored categories: Culture & Leadership, Enterprise-Wide Access, Employment Practices, Community Engagement, and Supplier Diversity. We’re proud of the progress we’re making towards disability inclusion and will continue exploring ways to ensure our services and products are accessible for everyone. Learn more about the #DisabilityEqualityIndex via Disability:IN at https://lnkd.in/gtAjjqYm
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Skylar Olsen
This is one of my favorite views to see the impact of the pandemic across major metro areas. This example uses the 3 metros surrounding the Puget Sound. The graph on the far left has a bit of pre-pandemic in it, when the more affordable West and South Sound reigned supreme. The low interest rates of the 1st two years of the pandemic drove home price growth across the Sound, even in the core City of Seattle (Zip Code views show values falling downtown). But check out where the most heat was: the more expensive suburban neighborhoods of North and East Puget Sound. Low mortgage rates are even more impactful to households with existing wealth, since now they can better leverage it. Here we're watching sub-3% mortgage rates taking home values higher in the more expensive cities. They then declined more to correct for it in those same areas in 2023 when rates swung up mid-2022, reaching 7% by 2023. Today we're back to that pattern of stronger appreciation in the more affluent cities of the Puget Sound. But the story is probably a little different. Today, many households in the middle, not just lower even, are now unable to qualify for a new mortgage. Younger households and first-time buyers, without past equity and the time to build up savings, would be feeling higher rent and higher grocery bills most. And the data reflects that. Anyways, back to crunch April numbers. #Housing #PugetSound #RealEstate Hi Zillow peeps!
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John Racine SHRM-SCP
Build-to-rent communities surge in Phoenix amid high home interest rates - AZ Big Media 🏠🔥 As interest rates for home loans continue to rise, more and more people are turning to the convenience and affordability of build-to-rent communities in Phoenix. These communities offer a sense of community and luxury amenities at a fraction of the cost of owning a home. Plus, with the housing market becoming increasingly competitive, build-to-rent communities provide a stress-free alternative for those looking to find their perfect home. Don't miss out on this growing trend in Phoenix! #buildtorent #phoenixrealestate #affordableluxury #communityliving #rentdontown #phoenixliving #homeownershipalternative #azbigmedia via @azbigmedia
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FYI for the business intelligence professionals, data scientists, and anyone else in my network seriously interested in broadening their data visualization skills, I recommend checking out the third edition of D3.js In Action (https://mng.bz/w5YO), by Elijah Meeks and Anne-Marie Dufour. D3.js In Action is an excellent resource for anyone looking to master the powerful JavaScript library D3.js, which is widely used for creating dynamic and interactive data visualizations on the web. The book provides a comprehensive guide, starting from the basics of setting up and understanding the fundamental concepts of D3.js, and gradually advancing to more complex topics. It covers a range of visualization techniques, including charts, graphs, and maps, all while emphasizing practical, hands-on examples that help solidify the reader's understanding—oftentimes using real data. The clear explanations and step-by-step tutorials make it accessible to both beginners and those with some prior experience in web development and data visualization. Definitely worth a serious look for anyone seriously interested in data visualization. Aira Ducic, Manning Publications Co.
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Voit Real Estate Services
What’s happening in the Orange County Office market? Here’s a snippet from Douglas Killian’s feature article “Navigating Challenges” from Voit’s Q1 OC Office Market report. “While the momentum towards RTO is evident, a delicate balance must be struck between employee satisfaction, professional growth, and productivity. The evolving remote-work model is reshaping office space requirements as employees divide their time between home and office. This shift, coupled with economic pressures and cost-saving imperatives, is transforming the market landscape.” “In response to softening office demand, landlords are offering more free rent and other concessions. Forward-thinking landlords are enhancing common areas with amenities like fitness centers, indoor workspaces, and outdoor retreats to retain current tenants and attract new ones seeking a comprehensive work environment.” To read the full editorial including insight on office to multifamily conversions, get updated with current statistics, and see our forecast for the next year, download the Q1 2024 OC Office Market Report at https://lnkd.in/gujTQi_S. Visit Voit’s Market Report page at https://lnkd.in/gzHAp-n to view reports for additional Southern California markets. #voitrealestate #crebroker #commercialrealestate #socalrealestate #marketupdate #marketreports #officespace
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Excellent insights from our president and CEO, David Glidden, in "40 Years Of Banking" “Everyone is trying to deliver that Amazon experience, and it’s of great importance today for a bank to stay up with what the consumer’s expectations are — and that’s higher, probably, than what banks have historically delivered.” Check out the story to hear more of Dave's perspective on how the industry is evolved and where it's headed next. #LibertyBank #OwnersBank #DigitalBanking #FutureOfBannking
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April Bogard Pinder, Esq.
I am proud to be an ally for the #AANHPI Community and celebrate Asian American and Native Hawaiian/Pacific Islander Heritage Month. Allyship is about recognizing that systemic inequalities exist and actively working to dismantle them. It means standing in solidarity with those who are marginalized, oppressed, or discriminated against, even if you don't share their experiences. Being an ally requires more than just good intentions. It requires action. It means using your privilege to amplify the voices of those who are often silenced. It means educating yourself about the struggles faced by marginalized communities and using that knowledge to advocate for change. But allyship is not about being a hero or savior. It's about being a support system, a listening ear, and a catalyst for change. It's about acknowledging that you don't have all the answers and being willing to learn and grow along the way. It’s about recognizing your own unconscious bias and working actively to reduce it. So, how can you become a better ally? • First, listen. Take the time to truly hear the perspectives of those who are different from you. Listen with an open heart and a willingness to understand, even if it makes you uncomfortable. • Second, educate yourself. Read books, watch documentaries, and engage in conversations that challenge your worldview. Learn about the history of oppression and the ways in which it continues to manifest today. • Third, speak up. Use your voice to call out injustice when you see it. Speak up, even if it means speaking out against friends or family members. Embrace the discomfort as you drive towards change. • Finally, take action. Get involved in organizations and movements that are fighting for social justice. Volunteer your time, donate money, and use your skills and resources to support causes that are important to you. I am the co-chair of our global Asian and Pacific business resource group. Let’s stand together, lift each other up, and work towards a future where everyone is free to be their authentic selves without fear of discrimination or oppression. #inclusivitymatters #doingtherightthing #usbanklife
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Nick Polsky
Great conversation today facilitated by the always engaging Robert Teed, PCC, thanks for hosting Thru Shivakumar, and some great insights from Assal Y. including: - Workday just opened their newest Bay Area office in Santa Clara and it's seeing some of the highest utilization in their portfolio. Why? Because the site leaders show up and are available! If you want people in the office, lead by example! - Tracking productivity can be misleading when measuring the value of remote work. You can be productive by doing everything you're asked to do, but your contribution stops there. In person interactions lead to value creation for the business (and contribute to your career growth) that don't necessarily show up when just measuring for productivity. - People want to look good on Zoom/Teams, so design your spaces with good lighting and backgrounds!
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Travis Likes
Let's take our wins where we can get them. SF might not be back to pre-pandemic levels just yet, but the burst of AI companies in the Bay has occupancy rates ticking in the right direction. It's a buyer's market and once other companies see the deals to be had, momentum will shift even more. #CommercialRealEstate #InPersonWork #AI
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Christopher Fresca
"Restaurants, warehouse operators and manufacturers are stepping up subsidies for employees, contracting with backup-care providers and finding ways to bring care close to employees. Executives see it as a way to reduce churn because the cost of searching for and retraining replacements has skyrocketed." Read the article for more insights.
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Melissa Pollard
Our latest Empowering American Cities regional economic snapshot explores a number of trends in the Southern California region including labor and productivity by industry sector. The U.S. economy’s projected slowdown in 2024 poses challenges for Southern California, and yet the area’s extraordinarily productive Information sector is a promising sign of long-term economic health. Productivity, the level of economic output per worker, helps determine a society’s standard of living. The employment shares plot shows the portion of the region’s workforce (blue dot) and its GDP (green dot) attributed to each sector, compared with the national average. Download more insights from the report today http://go.53.com/6046jdvmg #EmpoweringAmericanCities #KenanInstitute #KIPE #economy
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Kevin Hogan
In the first 6 months of 2024 the Puget Sound saw it's strongest office leasing activity since before the pandemic. Over 1.3 million square feet of office space was leased in Seattle, and nearly 2 million square feet was leased on the Eastside. It's the first of many steps in the right direction, but there's still a long way to go. ▪ The 1.3 million square feet leased in Seattle accounted for just 6% of all available office space. ▪ The vacancy rate in Seattle’s CBD is still 28% (compared to 6% pre-pandemic), and the availability rate is 32% (compared to 10% pre-pandemic) ▪ The 2 million square feet leased in Bellevue accounted for 20% of all available office space, which is significant. ▪ This leasing activity was heavily buoyed by a handful of large leases from the likes of Pokemon, Snowflake, and ByteDance (TikTok), which accounted for almost 50% of the 2 million square feet leased in Bellevue this year. ▪ As a result, Bellevue’s vacancy rate is just 10% (though it was 3% pre-pandemic). ▪ However, it’s important to note that Bellevue’s availability rate is 25% (compared to 5% pre-pandemic). ▪ Just as a few key tenants have carried the market’s leasing activity this year, a few have also accounted for it’s impending availability. Most notably, Microsoft and Meta. ▪ By 2028 Microsoft plans to shed 2 million square feet of office space in Bellevue to consolidate their footprint to Redmond. If you're a tenant in the greater Seattle area don't get fooled by headlines or narratives around large leases or gross leasing activity. It's still a tenant's market, and will be for a long time.
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