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The COVID-19 pandemic and ensuring lockdowns resulted in a whopping 15,500 stores closing in 2020 alone, and many predicted that brick and mortar businesses, in general, would not recover from the loss. Indeed, many stores have shut down for good, never to return. At the same time, as other experts note, the massive closures have actually helped the market bounce back faster than it may have otherwise. However, it looks like the r

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 sethbaum@peakcommercial.com . 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 […]

Depending on their tax bracket, investors in California are required to pay anything between one and 13.3 percent in state taxes, as well as 0, 15 or 20 percent in federal taxes on investments that are held longer than a year. And all of that adds up. But here’s the good news: There’s now a […]