Tuesday, 2 January 2018

What Matters in Real Estate Investment?

In today market, investors can make many choices while investing their money for good returns. One such thing in investing in real estate. Real estate market is growing and thanks to many real estate builders such as Oz Erickson who has launched many successful projects related to housing and commercial property.
Making an investment in real estate makes a great sense only if your plans and ideas are clear about it. It is important for every investor to have predictability. He should forsee how the residential or commercial property may evolve in the future over the investment time period.

Location of The Area

Location of the property is the viable factor of the real estate investment. When you are interested to invest in real estate property, then you should consider the quality of the environment, neighbourhood, basic amenities, nearness of landmark, safety, transport hubs, expressways and proximity to markets. Therefore, you should be careful while choosing the perfect area and location which have all above requirements which you think that in near future, it will develop into the crowded place.  Do some research about the establishments, neighbouring areas, available land ownership and nearby locality.

Employment Opportunities

Nowadays, renders are looking for a commercial property which offers an increasing job market. According to a recent study and static, a large number of the population move to that place where there is an increase in job opportunities. Towns with more schools are one of the best alternatives as students often need off-campus housing facilities.

Leverage

In the case of leverages, real estate is considered as a flexible investment. You can get a loan without any difficulties. As per the value of the asset, the bank can approve 70-80 percent of the loan. For real estate, banks are always ready to lend a huge amount of money because according to the bank, real estate investment is safe and also profitable. Real estate investment also provides you great returns. You can rent out your property to someone and earn a good income with which you can pay off your loan instalments.

If you are thinking of investing in real estate property in San Francisco, you will find many options. Oz Erickson is one of the reputed real estate builders and he has launched many successful projects. You can invest in the properties built by him. When making an investment, do your research and then the decision of the investment.

Tuesday, 19 December 2017

Oz Erickson - Reputed Real Estate Developer of San Francisco

There are only a few people who carved their names in the field of real estate development. Oz Erickson is one such name who has gained a lot of reputation and fame in the real estate field. The man has given a great contribution to the development of San Francisco. With his affordable housing scheme, he has led many people to realize their dream of having their own house.

Started His Own Company

Oz began his career as a consultant. He worked in Deloitte Touche and RREEF entrepreneurs. After that in 1975, he started his own real estate company with a name of Emerald Fund. He has completed 37 projects successfully which includes 5,500 units, 420,000 sq. ft. of office; 400,000 sq. ft. of retail; a 200-room luxury hotel; that worth the $3 billion. Many young real estate developers look upto him for inspiration. Oz Erickson's company is managing 1,600 apartments in the Bay area of San Francisco.  Since the starting of his own company, he has never looked back and will continue leading many projects.




OZ Family

Oz is not only a successful real estate developer but also a great husband and father. He is married to Rina Alcalay who worked as emeritus prof. of public health sciences at UC Davis. Both are proud parents of one son who is working in a product development company in Los Angeles and one daughter who is studying in medical school. Both of their kids are brought up in Berkeley. OZ Erickson has also owned a place in Napa. For entertainment, he enjoys attending plays at the Berkeley Repertory Theater.

Oz Erickson has done so much for the San Francisco and community. With his work and contribution, he has earned a great respect and won many awards.

Thursday, 7 December 2017

Oz Erickson – The Man Behind Development of San Francisco

If you ever visit San Francisco and interested to buy a house there then you must do some research about the Oz Erickson who is one of the successful real estate developers in San Francisco. He has given a great contribution to the development of the city.

Oz Education and Work Experience

Oz was born in Bahamian Island and brought up in the East Coast. In 1971, he got graduated from the Exeter Academy and Harvard Collge. After that, he got admission to Stanford Business School from where he completed his MBA. After completing his education, he begins his career with Deloitte Touche a real estate firm where he worked as a consultant. He also worked with entrepreneurs of RREEF. He has great fond of trekking and in his adulthood, he trekked to India, Iran, Pakistan, and Iraq. Many young real estate developers look upto him for inspiration.


The founder of Emerald Fund Company

Oz has a dream of becoming a great real estate developer. In 1975, he started his own real estate firm, Emerald Fund. Till date, he has successfully completed 37 projects which include 5,500 units, 420,000 sq. ft. of office; a 200-room luxury hotel; 400,000 sq. ft. of retail; that worth the $3 billion.
His organisation is also looking after 1,600 apartments in the Bay area of San Francisco. Currently, he is developing 420-units 150 Van Ness, 400-unit 101 Polk St., and many other projects

OZ Family

During his MBA, Oz Erickson met his life partner Rina Alcalay, who become his proud wife. Both have one son and one daughter whom they raised on Berkeley. Their son is working in product development company in Los Angeles and their daughter is studying in Medical School. Oz Erickson also received many awards and own a place in Napa. In his free time, he enjoys attending plays at the Berkeley Repertory Theater.

Tuesday, 28 November 2017

Oz Erickson – A Successful Real Estate Builder

San Francisco is a beautiful city. Many people dream of having their own home in the city. With the fluctuations in the real estate market, it is difficult to buy affordable housing but thanks to Oz Erickson, who has launched many affordable housing projects and allow people to buy their own houses.

Emerald Funld - Real Estate Company
He has given a great contribution to transform the image of the San Francisco. Oz Erickson founded Emerald Fund in 1975 and completed 37 projects with great success. His project includes 5,500 units, 400,000 sq. ft. of retail; 420,000 sq. ft. of office; a 200-room luxury hotel; that worth the $3 billion.
Presently, his company is managing 1,600 apartments in the Bay area of San Francisco. He also received the most admirable CEO award in Bay area. 


Previous Experience
Before setting up his own company, Oz Erickson worked in Deloitte Touche which is a real estate company. He worked there as a consultant. He also joined RREEF entrepreneurs. Many young and budding real estate developers look up to him for inspiration. Oz has set huge standards in term of affordable housing.

Wife and Children
Oz Erickson is a married man. During his MBA, he fell in love with Rina Alcalay who later become his proud wife. Currently, she is working as a prof. of public health sciences at UC Davis. Both are proud parents of one son who is working in a product development company and a beautiful daughter who is studying in medical school. Both kids are brought up in Berkeley. Oz Erickson has also owned a place in Napa. In his free time, he loves to attend plays at the Berkeley Repertory Theater.  With his contribution, he has earned a great respect for himself.

Thursday, 26 October 2017

Oz Erickson-The Founder of Emerald Fund

Mr. Oz is a well-known real estate developer in San Francisco. He has developed affordable houses and fulfill the dreams of thousands of people. Oz Erickson has given a great contribution to the development of San Francisco.

OZ Contribution

In 1975, Oz started his own company and named it Emerald Fund. He has completed 37 projects which include 400,000 sq. ft. of retail; 5,500 units, 420,000 sq. ft. of office; a 200-room luxury hotel; that worth the $3 billion. Today his organization is managing 1,600 apartments in the San Francisco Bay Area. For his hard work and contribution in the real estate industry, Oz Erickson also received most admirable CEO award in Bay AreaAccording to Alan Mark who is the President of Mark Co. said that no one stands in terms of endurance in the manufacturing of units and marketplace as Mr. Erickson does. 


OZ Working Experience

Oz came to California to complete his MBA from Stanford University. After completing his degree, she worked with Deloitte Touche as a consultant. He also worked for entrepreneurs of RREEF. Oz Erickson has given a new direction in the field of real estate development. Many young budding real estate developer look up to him for inspiration. His company Emerald Fund also lent projects to third parties on fee-based arrangements.

Oz Family

Oz Erickson married the love of his life whom he met while studying at the university. Oz is married to Rina Alcalay who is an emeritus prof. of public health sciences at UC Davis. He has one son who is working in the Los Angeles in a product development company. He also has one daughter who is studying in medical school. Both his children raised in Berkeley. He also owns a place in Napa. When Oz is not working, he attends plays at the Berkeley Repertory Theater.
Oz Erickson is the man who thinks about community and its people and that's why he provides affordable housing to many people.

Monday, 9 October 2017

Oz Erickson – A Real Estate Cal Ripken of San Francisco

Oz Erickson is a well-known public figure in real estate industry of San Francisco. No matter how tough the situation is, he can be always counted to be on the field. He is the man who has delivered more successful housing projects and units than any other real estate developer in San Francisco.
Oz Erickson has also served as principal director of San Francisco planning and urban research association for 4 years. He was also one of the main members of SPUR's housing committee. Even he was a member of advisory council of the Fanie Mae Bay Area Partnership Office and served advisory committee for then California State Treasurer Phil Angel-ides.

Founder of Emerald Fund


In 1979, he laid down the foundation of his own real estate organization named “Emerald Fund” and has successfully developed 37 projects which include 420,000 sq.ft. of Office, 5,500 housing units, a 200-room luxury hotel, 400,000 sq. ft of retail with a worth of $3 billion. Oz Erickson identifies new projects and involves with the financing, entitlements, project designs, sales, and marketing.  He is the man who has shaped up the San Francisco city's housing policy and come up with better neighbourhoods environments.

Oz came to California for M.B.A and after that, he never left the city. While doing his graduation, he already knew that he wanted to real estate developer. When he completed his M.B.A, he worked for Deloitte Touche, RREEF and George Marcus. He got his first deal of a four-unit apartment building conversion in the Marina in 1977. He made good money out of that deal that worked as a seed for the foundation of Emerald Fund.


OZ Family


Oz Erickson lives in Berkeley with his wife Rina Alcalay who is an emeritus professor of public health sciences at UC Davis. He has one son who works in product development and one daughter who is applying to medical school. He gave credit for the success of his firm to his partner Alastair Mactaggart. He selected the name Emerald Fund from the Wizard of Oz.

Erickson also had won many awards. In 2013, he won the most admirable CEO awards in the Bay area. He feels proud of his hard work and achievements.  His organization Emerald fund is currently managing 1,600 apartments in the San Francisco Bay Area. Oz Erickson has been inspiring many new age real estate developers.

Thursday, 31 August 2017

Oz Erickon talks about New San Francisco Housing Policy

The administrators of San Francisco will decrease the moderate units required in new lodging ventures under a bargain achieved Wednesday. It was probably the most raised concern by Oz Erickson and a couple of other real estate giants of SF. The far reaching development influences all future endorsed advertise rate extends more than 10 units.
Supervisors achieved the arrangement, the summit of a year-long civil argument over how much new tasks can pay to give lodging to low-salary inhabitants.
The 11-part Board of Supervisors must affirm the enactment, with the main vote expected one week from now.


Peskin and Kim had pushed for a 24 percent prerequisite, contending that engineers are benefitting off of high lodging costs and can sponsor more beneath advertise rate homes. Breed, Safai and Tang, who are viewed as more direct, required a 18 percent prerequisite. Various market-rate designers have said the current 25 percent would make improvement monetarily infeasible in a significant part of the city. "This will stop housing," Oz Erickson of Emerald Fund said early a year ago, when the 25 percent proposition was first presented.
To date, just two single-building ventures without open endowments have consented to 25 percent reasonable lodging: Lennar Multifamily Communities 1515 South Van Ness and Lendlease Group 30 Van Ness Ave. Most tasks as of now in the pipeline were grandfathered. Bigger improvements have achieved 40 percent or more reasonable lodging through up-zonings and tax reductions.
Under the understanding, the 18 percent rental level will be as a result until January 2018, when it will ascend to 19 percent, and afterwards 20 percent in 2019. The condominium prerequisite would ascend to 21 percent in 2018 and 22 percent in 2019.
Reasonable units are characterized as homes with rents of close to 30 percent of the inhabitants' wage, and it will be relieving to Oz Erickson and other developers. Valuing depends on the district's territory middle wage, which is dictated by the government Department of Housing and Urban Development. San Francisco's middle salary for a four-man family unit is $115,300.
Designers can on the other hand manufacture moderate units off-site however should accomplish a proportion of 30 percent of market-rate units, raising to 31 percent in 2018 and 32 percent in 2019. They can likewise pay an expense for every unit or give arrive.

What Matters in Real Estate Investment?

In today market, investors can make many choices while investing their money for good returns. One such thing in investing in real estate....