All in Commercial Real Estate

What Happens to Your Commercial Property During a Downturn?

Benjamin Franklin once said that there are no guarantees in life other than death and taxes but I believe we can also add a downturn in the real estate cycle to that list.

Having been in the real estate business for over three decades I’ve experienced first-hand multiple cycles in the market. During these phases I’ve noticed a trend, people who operate their properties with a strong management team typically forecast the market turning and prepare in advance. 

The market you’re in will have a lot to do with how properties are effected, Los Angeles and a few other major metro areas typically only see a drop in value of a few percentage points while other areas can take a bigger hit.

The 10 Most Expensive Commercial Real Estate Transactions in LA County in 2018

Happy Holidays from CBI!

We thought we’d do a fun end-of-the-year recap on the ten most expensive commercial real estate purchases in LA County.

The list was compiled from information provided by CoStar, and includes buildings in office, mixed-use, multifamily, and hospitality categories.

Transactions include property sold only between January 1 and December 31, 2018 but do not include any bundled portfolios.