In October 2012, Michael Strech, 49, was named president and CEO of the North State Building Industry Association. The group is a community-based organization representing more than 400 homebuilder and associate members. From 2003 to 2009, Strech served as the vice president of member services for the California BIA.
After the worst recession in recent history crippled new home construction and forced almost one-fifth of homebuilders belly up, the future is finally looking brighter for contractors in 2013.
For nearly two decades, local city officials have envisioned a streetcar that would transport residents and visitors across downtown Sacramento.
Call them the face of the new frugal. Erica Rhyne-Christensen and fiancé Bryant Giorgi, both 27, don’t vacation much. They hardly eat out. Until recently, they rented rooms in a group house for $400 a month each instead of getting solo apartments, and they didn’t have TV.
Remember the wild days of the real estate boom when you could buy a house with nothing down? You still can. Well, maybe you can’t, but a very select group of wealthy buyers can.
Squaw Valley USA was once the premier ski resort of California and the world-renowned site of the 1960 Winter Olympic Games. But in the decades that followed, the resort’s managers focused on the mountain, and Squaw became eclipsed by other resorts that boasted hotel rooms and other amenities to capture business in the dry months.
For as long as I can remember, I have been preaching the doctrine of regional cooperation. And, I think we have made some important steps in that direction.
I’m no Pollyanna when it comes to assessing our state’s problems, but I must admit I am weary of hearing endless complaints about California’s terrible business environment, its slow economic growth and its many disadvantages compared to states like Texas.
Local commercial real estate brokers leased out one of the highest square-foot totals in the nation last year. But Sacramento as a whole still hasn’t rebounded like its regional neighbors.
As her father’s dementia deepened, so did Tonya Roemer’s anxiety. Daily visits, a stint with a live-in companion and an experiment with expensive, 24-hour care didn’t curb Ray’s aggressive behavior as the 81-year-old lost the ability to walk and feed himself.
John Frisch, 61, is regional managing director for Cornish & Carey Commercial Newmark Knight Frank. He is also the immediate past chair of the Sacramento Metro Chamber board of directors.
When Hacker Lab outgrew 800 square feet on Franklin Boulevard last year, the founders needed more than additional space. They needed a change of scenery.
Bruce Monighan knows a few things about building something out of nothing. Facing the option of unemployment or bootstrapping, the local architect started his Sacramento-based firm Monighandesign from scratch in 1982. By the early 2000s, Monighandesign was completing between 50 and 60 public and private projects annually in markets across the country and looked to expand in 2007.
For all the tales of woe during the real estate downturn, many new homeowners see their purchase as a good move. Debbie Grose, a financial advisor at Lighthouse Financial Planning in Folsom, helped 32-year-old talent acquisition manager Pranav Damle and his wife walk through their decision to buy a 3-bedroom, 2-bath house in Folsom last year.
Since filing for bankruptcy last year, Stockton hasn’t seen any immediate improvement. The city ended the year with 71 murders, a steady climb from only 26 in 2009. The rise has been attributed to a shrinking police force after the city slashed the department’s budget.
Robert Chase, 67, is California’s deputy state architect and the current president of the Central Valley chapter of the American Institute of Architects. In addition to his private-sector work in Boston, New York, Los Angeles and Sacramento, Chase has also served as the chief building officer for both the city and county of Sacramento.
After more than a decade of work and a price tag that has grown by 50 percent, representatives for Sutter Medical Center, Sacramento report that the $750 million midtown hospital upgrade is in the final phases and is expected to be finished by mid-2014.
There is nobody more bullish on the City of West Sacramento than Mayor Chris Cabaldon. He says no city in the region can boast of a better location and, perhaps most importantly, a better water supply. With these two key attributes, the mayor believes the west-bank city is well positioned to attract business, jobs and residents for the foreseeable future.
“Something isn’t quite right with Tim Collom. On the outside, Collom is doing far better than most of us. In the past year, he has been featured on KCRA-TV and HGTV speaking about real estate and in the pages of The Sacramento Bee and Sacramento Magazine showcasing his paintings.