“You have to go see the real estate.” Technological advancement is changing the management and evaluation of commercial real estate. The pictures in OM’s get prettier and prettier. Drone footage can give you a bird’s eye view of the surroundings, and if you are lucky, it’s not just still shots, but you are going to …
Are you aware of the legislative changes happening in your backyard? It’s hard to keep up with it all, especially in today’s post-COVID environment. It feels like every day there is a new proposed change announced that will directly affect California owners. We have suggestions on how to stay in the know and how to …
Originally published on caanet.org Extreme rent control and anti-housing activists are again planning a statewide voter initiative to take down the Costa-Hawkins Rental Housing Act, California’s most important landlord protection law. Last week, initiative proponents filed a “Request for Preparation of Title and Summary” with the California Attorney General’s Office for the “Justice For Renters …
Originally published on greenbergglusker.com As a result of the severe winter storms, flooding and mud slides that began in California on January 8, 2023, the IRS has issued an extension of the 45- and 180-day deadlines for IRC §1031 exchange transactions. Here are key points and frequently asked questions about the extension. Who is eligible? …
As a team who has seen many properties, we know that there is more than what the surface shows. We take these steps for every property our clients are considering purchasing to make sure it is the best suited investment for their goals and needs. The photos may showcase a pristine condition or corporately guaranteed …
Jerry Hogg was in his mid 70’s and had been working in the service industry for 40 years. He was in need of very extensive back surgery and that was the catalyst for his retirement. He contacted us and said that he had a realtor come by his shop with an “offer” to purchase his …
Let us help you ring in a successful 2023! We have put together our recommendations to any owner to make sure that you are operating the happiest and most lucrative investments based on your current portfolio of assets. Here is a list of our best practices for a successful 2023: If you need assistance acquiring …
Centennial Advisers, through the diligent work of our Opportunity Zone Team, has developed a client relationship that allowed us to acquire multiple OZ properties for them. Following the purchase of a Whitewater Express Carwash in Texas, and a new construction 7-Eleven in North Carolina, this is now the third Opportunity Zone closing with this group. …
At Centennial, we have been talking about Opportunity Zones non-stop for the past few years. Why? Because they are an amazing opportunity! You don’t need to already be a real estate investor to utilize one either, meaning you can purchase into one from many types of capital gains. So, what is it? An Opportunity Zone …
