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 …
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 …
We initially reached out to the client regarding some apartments they own in Corona. The owner asked us to provide analysis on both their apartment portfolio as well as their retail and office portfolio on Hamner Ave. We differentiated ourselves from the competition by offering to provide a detailed 10-year comparative analysis to see what …
Do you know the hottest trends hitting the real estate market? As local specialists who spend our time viewing properties in every neighborhood of Southern California, we have collected the common trends that we are noticing as owners revamp and give their buildings a 2023 Facelift. Multifamily Commercial
Originally published on therealdeal.com | A Sacramento lawmaker and former Los Angeles union boss seeks to further limit rent increases to help prevent tenants from becoming homeless. State Sen. María Elena Durazo, D-Los Angeles, announced a measure that would strengthen a 2019 bill capping rent hikes at 10 percent and preventing landlords from evicting tenants …
Published on caanet.org on March 6, 2023 | Mallory Homewood The California Apartment Association has published materials to help landlords abide by a new “just cause” for eviction ordinance in the city of Los Angeles. The new “just cause” ordinance applies to most units in the city that are not already regulated by the city’s …
The client had two 4-plexes in Riverside County that he had owned for over 30 years. The properties had significant deferred maintenance and rents were 40-50% below market. They were underleveraged and completely out of depreciation. Their blended return on equity was about 2%. The management company that the owner had been using neglected to …
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 …
In this segment of our Client Features series, we help showcase the business of our team’s client, as he works to grow his local presence. Centennial Advisers recently leased out 5518 E Britton Drive, a retail space located in the Los Altos pocket of Long Beach, to Power of One Martial Arts. An unpleasant experience …
In this segment of our Client Features series, we help showcase the business of our team’s client, as he works to grow his local presence. Centennial Advisers recently leased out the space at 1881 Freeman Ave. in Signal Hill with Craizst Coast, LLC who specializes in custom floating canvases, panels, and stretcher bars. Whether you …
