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Mixed-use developments in California aren’t new. In the last ten years, developers have been renovating various old commercial buildings to create complexes with both commercial and residential units. Such developments are ideal for the Golden State as a chronic shortage of residential units has made it difficult if not impossible for many people to find
In an era marked by the digital shopping revolution, it might surprise some that the health and beauty sector is flourishing within brick-and-mortar retail. While online shopping has unquestionably transformed the retail landscape, the enduring vitality of physical stores within the health and beauty industry is underpinned by several compelling factors: A Multisensory In-Store Experience:
The real estate industry has periodic ups and downs. However, the current market is facing a number of unprecedented challenges. Rising interest rates have made sales difficult or even impossible in some instances. Furthermore, they have led to the collapse of some banks and caused many others to limit credit options for investors and potential
Originally published April 25, 2022 GlobeSt.com by Kelsi Maree Borland under title “NNN Cap Rates Have Continued to Compress, Inflation Could Change That” Commercial real estate isn’t exempt from the effects of inflation—no business is, but in this industry, it typically manifests in two places, both as a positive and a negative. The positive effect
Seth Baum, Senior Analyst for Anvers Capital Partners, specializes in the commercial office sector and has contributed to this article. He can be reached at [email protected] . Predictions that office market fundamentals would rebound early in 2022 may have been premature. Following the most abrupt downturn since the Global Financial Crisis, tenant occupancy appeared to
Plans for a billion-dollar development at the Warner Center site have been approved by the Los Angeles City Council. Construction is set to begin on this 24-acre complex in the west of the San Fernando Valley within two years, which is set to have a vast environmental and economic impact on the area. With homebuyers
Real estate investors and REITs buy, sell, and manage portfolios of valuable properties. So when it comes to streamlining their various workflows, they need top of the line tools that can save them time, money and effort. Peak Commercial understands that you need every advantage possible in the real estate sector — like the following
On September 3, the Community Opportunity to Purchase Act — or COPA — became effective in San Francisco. This new law provides qualifying San Francisco nonprofits with the right of first offer and the right of first refusal when apartment buildings of three or more rental units are put on the market. The law also applies to
With the passage of the Compassionate Use Act of 1996, California became the first state in the country to legalize the use of medical marijuana. Twenty years later, in 2016, the Adult Use of Marijuana Act legalized the recreational use of cannabis. There Are 182 Licensed Cannabis Businesses in Los Angeles By 2018, there were
According to the Los Angeles Times, in 2016, Los Angeles schools spent $13,230 per pupil. That’s considerably less than the $22,000 that Boston schools spent or the $24,000 that New York City schools spent per pupil. However, the Los Angeles Unified School District — the second largest school district in the country — faces a
