CATEGORY ARCHIVE: San Jose (And South)
March 5, 2008
JustQuotes: Talk About Terrible Timing (And Why He's A Former)
"Merrill Lynch & Co. will eliminate 650 jobs and record a $60 million charge as it stops making new home loans through First Franklin Financial, the subprime lender that former Chief Executive Officer Stan O'Neal bought in 2006.
Most of the job cuts at San Jose, California-based First Franklin will take place this month, Merrill spokesman Bill Halldin said. About 80 employees will remain at the unit to handle activities related to First Franklin's past loans, he said. Merrill announced the cuts and the charge in a statement today."
∙ Merrill Exits Subprime Lending, Cuts 650 Jobs at First Franklin [Bloomberg]
Posted by socketadmin at 1:30 PM | Permalink | Comments (9) | (email story)
November 20, 2007
An Annoying Anecdote Or An Actual Alternative To San Francisco?
"Ten days ago, Derek Allen donned a hard hat and walked through the newly opened models at Axis, San Jose's newest condominium tower under construction in downtown. What he saw persuaded him not to buy a condo on San Francisco's Rincon Hill, but instead put a $5,000 deposit down on a 19th-floor unit at the Axis, located on Almaden Boulevard next to the De Anza Hotel."
∙ Downtown S.J. welcomes high rise living [San Jose Mercury News]
∙ If This Is Old News (And You Know Even More), Then Drop Us A Line [SocketSite]
Posted by socketadmin at 7:20 AM | Permalink | Comments (59) | (email story)
November 8, 2007
If This Is Old News (And You Know Even More), Then Drop Us A Line
One: while the 22-story "Axis" in downtown San Jose (38 Almaden Boulevard) will officially open its sales and presentation center to the public this weekend (November 10th), they will not start taking reservations/deposits until late January 2008 (with priority given to those pre-registered/qualified).
The 329 condos will range from around 655 (studio) to 1,863 (three bedroom penthouse) square feet and will be priced “from the $400,000s to more than $2 million.” Initial closings and occupancy staring in May (2008). And yes, floor plans are available online.
And two: speaking of San Jose, we still need a couple of outstanding editors to champion our Silicon Valley coverage. So drop us a note (tips@socketsite.com) if you’re plugged-in, analytic, and articulate.
∙ Axis San Jose (38 Almaden Boulevard) [axissanjose.com]
∙ SocketSite Silicon Valley Coverage Coming Soon (sv.SocketSite.com) [SocketSite]
Posted by socketadmin at 4:37 PM | Permalink | Comments (20) | (email story)
June 18, 2007
SocketSite Silicon Valley Coverage Coming Soon (sv.SocketSite.com)
As you might have guessed, last week in San Jose we announced a dedicated Silicon Valley site (sv.socketsite.com) that’s still under construction (but coming soon).
∙ A Silicon Valley Gathering Of Plugged-In People (June 14, 2007) [SocketSite]
Posted by socketadmin at 3:00 AM | Permalink | (email story)
June 13, 2007
Special Guests Confirmed: We’ll See You Tomorrow (6/14/07) In SJC
The special guests are confirmed for Thursday’s gathering of "plugged-in" people in San Jose. So please consider joining us, San Jose Mayor Chuck Reed, Vice Mayor David D. Cortese, Councilmember Sam Liccardo, San Jose Redevelopment Agency Deputy Director John Weis, Mesa Development Director Charles Young and a host of other readers as we delve into the residential real estate renaissance of downtown San Jose.
∙ A Silicon Valley Gathering Of Plugged-In People (June 14, 2007) [SocketSite]
Posted by socketadmin at 11:00 AM | Permalink | (email story)
June 8, 2007
Weekend Reminders: SocketSite Survey And San Jose Gathering
1. Two days left to take the SocketSite reader survey (which ends Sunday at 5).
2. Thirty (or so) spots left for our San Jose gathering (next Thursday at 6).
Posted by socketadmin at 6:00 PM | Permalink | (email story)
June 6, 2007
A Silicon Valley Gathering Of Plugged-In People (June 14, 2007)
If you’re interested in (or located around) San Jose, we hoped you saved the date, as next Thursday (June 14) we’re holding a gathering for plugged-in people in Silicon Valley. The topic: the development and renaissance of downtown San Jose (San Jose 2.0 if you will).
We’ll be moderating a panel discussion and Q&A (which will include the San Jose Redevelopment Agency, Mesa Development, and a potential special guest or two); Three Sixty Residences will be providing the venue (as well as drinks and snacks); and you’re invited (to get the scoop on all the new developments and network with other “plugged-in” people). And yes, we’ll be making a little announcement as well.
The gathering will be held from 6:00-7:30pm at Three Sixty Residences' Sales and Marketing center in San Jose (170 South Market, Suite 120 in the Fairmont Annex). No, this isn't going to be a sales pitch. And yes, attendance will be limited to the first 75 people to sign up at http://socketsite.wikispaces.com/SVGathering061407.
Please feel free to forward this to anyone who you think might be looking for the scoop on San Jose. And as always, thank you for plugging in.
∙ A Hint Of Things To Come: Three Sixty Residences (And San Jose) [SocketSite]
Posted by socketadmin at 3:15 PM | Permalink | (email story)
May 30, 2007
A Hint Of Things To Come: Three Sixty Residences (And San Jose)
First and foremost, this new development isn’t in San Francisco, it’s in San Jose. And while we historically haven’t ventured that far south, we’re about to start logging some miles (more on this next week).
That being said, Three Sixty Residences in downtown San Jose opened its One Rincon-esque sales office featuring “a full-size model of a two-bedroom-plus-den, two-and-a-half-bathroom home” and touch screens (although no word on a signature cocktail) three weeks ago. By the numbers: 1/2/3 bedroom condos; 23 Stories; 213 units (ranging in size from 795 to 3440 square feet, and ranging in price from “the low $500,000’s to over $2 million”); 2009 (spring) delivery; and 11,000 square feet of retail. Oh, and around 120 (60%) reserved (albeit $5,000 refundable deposits) to date.
A couple of other numbers: 6/14/07. As in save the date if you’re either in (or interested in) the San Jose market.
∙ Three Sixty Residences (San Jose) [360residences.com]
Posted by socketadmin at 3:45 AM | Permalink | Comments (6) | (email story)
