Embarcadero Advisors

Prepared as an example by UsefulBots.com — not an Embarcadero Advisors publication

Demonstration sample This is a working example prepared by UsefulBots to show how a quarterly owner update would look when produced at scale. The asset below is hypothetical and all asset-level figures are illustrative placeholders — they must be replaced with actuals from your rent roll, budget, and operating statement. The Market Context section (§ 4) is real: every figure is current and cited, exactly as it would ship to an owner. Items shown in [brackets] require your private data to complete.

Quarterly Owner Update — Q2 2026

San Francisco Office Asset

Prepared for
Laura Allen / Embarcadero Advisors
Prepared by
UsefulBots — Tom Voltz
Published
July 2026
Market data as of
Q1 2026 (Kidder Mathews office report)

1. Asset snapshot

Property [e.g., ~48,000 SF Class B office, South Financial District — hypothetical]
Occupancy [58% leased vs. 54% last quarter — placeholder]
WALT [2.9 years — placeholder]
Largest rollover [Suite 400, 6,200 SF, expires Q1 2027 — placeholder]
Debt status [e.g., loan matures 10/2027; covenant status — owner data]
Basis [current basis $/SF vs. market comps — owner data]

2. Leasing activity this quarter

  • Tours: [#] | Proposals out: [#] | LOIs in negotiation: [#]
  • Signed: [e.g., 2,400 SF, 5-yr term, $XX/SF FS, TI $XX/SF, 4 mo. free — placeholder]
  • Lost deals and why: [placeholder — owners trust updates that report losses plainly]
  • Pipeline next 90 days: [placeholder]

3. Capital items

Project Budget Spent to date Status
[Spec suite build-out, floor 3] [$] [$] [on track / delayed — reason]
[Lobby refresh] [$] [$] [status]

4. Market context — San Francisco office, Q1 2026

Fundamentals improved on Kidder's Q1 2026 basis — the figures owners ask about first:

28.0% ▼ 370 bps YoY Office vacancy, Q1 2026 (Kidder)
855K SF Strongest since 2019 Net absorption, Q1 2026 (Kidder)
4.6M SF ▼ 15% YoY, lowest since 2020 Sublease availability (Kidder)
55% Under 5,000 SF deals Q1 2026 lease share (Kidder)
  • Vacancy fell on Kidder's Q1 2026 basis.
    28.0% Q1 2026 vacancy ▼ 370 bps YoY Kidder Q1 2026
  • Absorption posted the strongest quarter since 2019.
    855K SF Q1 2026 net absorption — strongest quarter since 2019 Kidder Q1 2026
  • Two details matter most for a smaller multi-tenant asset.
    55% of Q1 leases were under 5,000 SF by deal count — small-suite velocity Kidder Q1 2026 4.6M SF sublease availability, lowest since early 2020 — competing shadow supply is draining ▼ 15% YoY Kidder Q1 2026

Read-through for this asset: absorption and sublease drainage favor leasing momentum; small-suite velocity favors move-in-ready spec suites — [owner-specific take here].

5. Repositioning progress

Plan milestone Target Actual Notes
[Stabilized occupancy 75%] [Q4 2026] [58% current] [placeholder]
[Spec suites delivered] [date] [status] [placeholder]

6. Cash position

  • Operating account: [$ — owner data] | Reserves: [$ — owner data]
  • Quarter cash flow vs. budget: [+/- $ — owner data]
  • Upcoming obligations: [TI/LC commitments, debt service, taxes — owner data]

7. Decisions needed from owner

  1. [e.g., Approve $XX TI package for the 6,200 SF prospect — needed by MM/DD]
  2. [e.g., Direction on renewal vs. re-tenant for Suite 400]
  3. [e.g., Authorize broker opinion of value given current comps]

Sources

  1. Kidder Mathews, Q1 2026 San Francisco Office Market Report — kidder.com