PART III — WHAT SANTA ANA’S OWNERS LEARNED THE HARD WAY The Warning from Next Door Santa Ana’s rent control ordinance has been in force since November 2021 — long enough to produce a documented record of what ownership looks like on the other side of passage. That record is not composed of projections. It is institutional …
Market Commentary
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. Yesterday in part 1 of our 4 part series, we went over the legislation currently being discussed in Anaheim – and its similiarity to initiatives passed in Santa Ana. …
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: …
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 …
Below is a snapshot from our 2023 Q2 Market Update with some commentary about the industry’s current state from the Centennial management team. Months on Market From our activity it’s not all bad news. Across all product types, including office, we are seeing transactional activity. In the last few months, we have seen multiple offers …
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
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 …