You can find properties that can surpass or stay below the average as well.As for the overall market panorama, there are huge projects planned or under development.

When analyzing potential investment opportunities, one thing you can't afford to overlook is projecting those sweet returns.

I'm a project manager by career, so I know with proper preparation, anything can be successful.  

I would probably focus on three things.  1) filling the vacancy for as close to the old rent as possible (to help with refinancing or selling 2) refinance it and talk to a few different banks/brokers.  3) If all else fails, list it and 1031 into another project. 

Hey BP,I posted a little about this project in another thread but wanted to post an update here.

Instead, focus on real estate that provides the opportunity to force appreciation or invest in a market with strong growth projections.

It’s a tough spot, but it looks like you’ve got assets and options to work with.

Once you get a flavor for lending options you should run a proforma and determine how much return the project will be able to generate on its's own and how much return will be left for LP investors if you go the syndication route.

 Finding cash-flowing deals in the Bay Area is definitely tough, so you’re not alone there!

The flexibility, speed, and personalized approach make private money lending a go-to for real estate investors, especially for projects that require quick decisions or more creative solutions.