Thu05262016

Business & Real Estate

Transactions

Los Altos

10490 W. Loyola Drive, Johnson Trust to West Loyola Drive Limited for $2,500,000

Mountain View

219 Carmelita Drive, Williamson Trust to Canyongate Bay for $1,820,000

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City's new business liaison looks to boost local economy


Megan V. Winslow/Town Crier
Jennifer Quinn, Los Altos’ new economic development manager, has spent the past seven months becoming acquainted with local business owners and developing programs to support their work.

Jennifer Quinn wants to know what drives Los Altos’ economy.

For the past seven months, the city’s new economic development manager has taken steps to learn the landscape.

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Earnings determine stock moves

With the Dow Jones industrial average in a bearish state, investors should take a more cautious approach to the stock market in 2016. Fourth-quarter earnings season begins with the average U.S stock down more than 10 percent since Dec. 29.

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Maximizing financial aid for college using 529 plans

I wrote in 2014 about a strategy involving 529 plans designed to maximize the financial aid a college student could receive. To summarize the original strategy: If you split your savings into two 529 plans – 75 percent in one owned by the student’s parents and 25 percent in one owned by the student’s grandparents – you will minimize the impact the funds in those plans will have on your expected family contribution each year and consequently maximize the financial aid your student potentially may be offered throughout his or her college career.

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Transactions

Los Altos

10490 W. Loyola Drive, Johnson Trust to West Loyola Drive Limited for $2,500,000

Mountain View

219 Carmelita Drive, Williamson Trust to Canyongate Bay for $1,820,000

Read more...

Fitness aficionado transforms from inside out


Alicia Castro/Town Crier
Transform Fitness Studio owner and instructor Jen Donat, center, brings 15 years of exercise expertise to her new Megaformer and cycling gym on Moffett Boulevard in Mountain View.

Behind an innocuous facade at 257 Moffett Blvd., Transform Fitness Studio pulses – and shakes and sweats – with energy.

“Everybody is looking for something new, and this is one that’s going to stay,” said Jen Donat, proprietor of Yelp’s highest-rated fitness studio in Mountain View.

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Transactions

Los Altos

10701 Baxter Avenue, K. Wang to R. Pilani for $2,100,000

930 Carmel Court, R. Tan to I. & I. Agam for $2,725,000

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