STNL Investments, What to Expect in 2019?

The Single Tenant Triple Net (STNL) market has been on fire the last few years, with a slew of new buyers looking to acquire a STNL. 

Many of these buyers are first time purchasers of commercial property. A basic law of economics states that if there is an increase in demand and stable inventory available then prices must increase. This is exactly what we’ve seen over the last few years as CAP rates have continued to compress.

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.