Measure ULA, commonly known as the “Mansion Tax,” would impose a new “Homelessness and Housing Solutions Tax” on transfers of residential and commercial real property in Los Angeles valued in excess of $5 million. The new law is slated to come into effect on April 1, 2023. What does this mean for you? A tax of 4 […]
Read Morees is arguably entering a period of recession, investors may wonder if now is the right time to invest in the multifamily real estate market. After all, there are many advantages of doing so, including rising demand and limited supply options.
Read MoreIt’s no secret that retail real estate took a hit during the COVID-19 lockdowns. Businesses shut down or went fully online, leaving many retail real estate investors with losses and no easy way to find new tenants. However, not all is gloom and doom for the retail real estate industry.
Read MoreFirms that need to purchase new land for industrial purposes are finding the options are few and expensive. This has led many companies to take drastic action that would have been unthinkable even a couple of years ago, including purchasing lots larger than currently needed and sub-letting the space until the firm is ready to use it.
Read MoreThe 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
Read MoreOriginally 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 […]
Read MoreSeth 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 […]
Read MorePlans 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 […]
Read MoreReal 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 […]
Read MoreOn 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 […]
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