A realistic assessment of what is possible in 2026, what is probable by 2030, and what Santa Ana’s experience tells every Anaheim property owner right now. (Part 1 of a 4 Part Series) Anaheim is not Santa Ana. Not yet. But the machinery that delivered rent control to Orange County’s second-largest city is now running …
Market Commentary
Why rising operating costs—not interest rates—are quietly reshaping California portfolios Centennial Advisers Operating expenses on California multifamily assets are rising faster than rental income—and for many owners, the gap is now large enough to materially compress returns. For a $20M portfolio, even a 10–15% increase in operating costs can translate into a six-figure reduction in …
Why right now may be the best window Colorado owners have seen in a decade — and who’s writing the checks By Justin White | Centennial Advisers There is a specific kind of buyer in the market right now. They are motivated. They are capitalized. They are operating under a deadline they cannot move. And …
Here’s Why It Likely Fails. And Why You Should Still Pay Attention. Let’s be honest with each other. If you own commercial real estate in California, you’ve heard this conversation before. Proposition 13 is back in the headlines—this time driven by a renewed push to remove its protections for commercial property. The concept is straightforward: …
Here’s What It Exposes About Your Property. Let’s be direct. Los Angeles is delivering roughly 12,300 new apartment units in 2026—the largest wave of supply the market has seen in years. If you own multifamily here, you’ve probably already felt the instinct to brace for impact. But the number isn’t the problem. What matters is …
Los Angeles just handed $177 million to organizations that have sued the city — and the landlords who keep this city’s housing supply alive weren’t even in the room. Let’s be honest with each other. If you own rental property in Los Angeles right now, you already know something is fundamentally broken — not just …
Comparing Two Legislations That Impact California Investors More and more owners are beginning to learn about SB-721, more commonly known as the “Balcony Law.” Drafted in response to a tragedy in Northern California, it increases the likelihood structural issues are addressed before tragedy occurs again. This article is not to address the pros and cons …
Top NNN Retailers: Choices by Our Centennial Team Seniors When hunting for the perfect upleg, we go far and wide to seek the deal that will reap our clients the most benefits and align with a retailer that they enjoy. Beyond selecting top states to enter, we have our favorite retailers that we continuously recommend …
Kicking the decision down the road is the “plan,” or lack of plan, decided around numerous real estate board rooms and kitchen tables. It’s understandable to utilize caution, and it’s understandable for our clients to look to find opportunities. Perhaps the biggest opportunity in our opinion is considering a 1031 exchange today and not waiting …
6 Reasons why 1031-Exchanges are Even Better Right Now There are six compelling reasons why the current environment might just be the optimal time to embark on an exchange. As a property owner, it is important to know your options. Seizing opportunities that lead to lasting wealth requires a keen understanding of market dynamics and …