Entries by Bryan Altamirano

California’s Commercial Insurance Crisis: What Tenants and Owners Need to Know

After nearly a year since Governor Gavin Newsom declared a state of emergency concerning property insurance in California, the situation has not improved. The commercial property insurance market continues to face significant challenges as many major insurers have exited the state. This exodus has led to a reduction in the number of available insurance providers, […]

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Creative Destruction in the North Bay

The events unfolding in the North Bay’s commercial real estate market exemplify the concept of creative destruction. This economic theory, as observed in the region, is demonstrated by the closure of long-standing retail stores and entertainment venues, which are giving way to emerging industries and changing consumer preferences. What is “Creative Destruction”? Creative Destruction describes […]

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