How Will “Ghost Kitchens” Impact Conventional Restaurants?
There is one topic that's been impossible to ignore for chain restaurant executives in recent months - ghost kitchens, cloud kitchens, or virtual kitchens. It’s yet to be seen how significant these kitchens will become, but there are some indications that the trend is only going to grow.
The mere word “ghost” often causes fear within many people. However, some restaurateurs are starting to embrace this word as a part of their daily activities, creating a new business model with virtual-style restaurants that offer direct delivery. Ghost kitchens take the idea of traditional restaurants and eliminate the role of bartenders, servers, and all other staff, operating with only chefs, dishwashers, managers, line and prep cooks, and delivery drivers. Hence, the term “ghost kitchen” (in simple terms, also known as a delivery-only restaurant).
How Will “Ghost Kitchens” Impact Conventional Restaurants?
There is one topic that's been impossible to ignore for chain restaurant executives in recent months - ghost kitchens, cloud kitchens, or virtual kitchens. It’s yet to be seen how significant these kitchens will become, but there are some indications that the trend is only going to grow.
The mere word “ghost” often causes fear within many people. However, some restaurateurs are starting to embrace this word as a part of their daily activities, creating a new business model with virtual-style restaurants that offer direct delivery. Ghost kitchens take the idea of traditional restaurants and eliminate the role of bartenders, servers, and all other staff, operating with only chefs, dishwashers, managers, line and prep cooks, and delivery drivers. Hence, the term “ghost kitchen” (in simple terms, also known as a delivery-only restaurant).
Understanding Energy Laws and Commercial Real Estate with Marika Erdely and George Pino
George Pino joins Marika Erdely of Green EconoME to discuss energy laws and commercial real estate. Find out how these laws will effect building owners and the potential cost of not complying with energy standards....
Understanding Energy Laws and Commercial Real Estate with Marika Erdely and George Pino
George Pino joins Marika Erdely of Green EconoME to discuss energy laws and commercial real estate. Find out how these laws will effect building owners and the potential cost of not complying with energy standards....
How To Invest In Real Estate: 7 Commercial Real Estate Areas Investors Should Know About
Around the country, investors are always looking for the next big opportunity in order to stay on top of the market. Here are Commercial Brokers Internationals predictions for investment locations in 2019.
How To Invest In Real Estate: 7 Commercial Real Estate Areas Investors Should Know About
Around the country, investors are always looking for the next big opportunity in order to stay on top of the market. Here are Commercial Brokers Internationals predictions for investment locations in 2019.
How To Invest In Real Estate: 7 Commercial Real Estate Areas Investors Should Know About
Around the country, investors are always looking for the next big opportunity in order to stay on top of the market. Here are Commercial Brokers Internationals predictions for investment locations in 2019.
Is Cost Segregation Analysis Worth It?
It has long been a question that has puzzled many commercial property owners. Many accountants suggest it, but it's worth is still rarely clear.
Many owners barely even understand how it operates and is thus unable to determine its worth. As that’s the case, we’ll thoroughly explain what it is and what’s it for, but more importantly, whether or not it is worth it in the overall picture.
Is Cost Segregation Analysis Worth It?
It has long been a question that has puzzled many commercial property owners. Many accountants suggest it, but it's worth is still rarely clear.
Many owners barely even understand how it operates and is thus unable to determine its worth. As that’s the case, we’ll thoroughly explain what it is and what’s it for, but more importantly, whether or not it is worth it in the overall picture.
Meet Commercial Real Esate Agent Richard Cheng
Commercial Brokers International real estate agent Richard Cheng sits down with CEO George Pino to answer questions about commercial real estate and his life. This is part four of our agent introduction series and we hope you can learn a little more about our team and the people behind Commercial Brokers International
Meet Commercial Real Esate Agent Richard Cheng
Commercial Brokers International real estate agent Richard Cheng sits down with CEO George Pino to answer questions about commercial real estate and his life. This is part four of our agent introduction series and we hope you can learn a little more about our team and the people behind Commercial Brokers International
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.
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.
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.
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.
Prop 10 Analysis with George Pino
Prop 10 has come and gone but how has the outcome effected the rent control market and what does it mean for the future of commercial real estate? Watch George's thoughts on Prop 10 above.
Prop 10 Analysis with George Pino
Prop 10 has come and gone but how has the outcome effected the rent control market and what does it mean for the future of commercial real estate? Watch George's thoughts on Prop 10 above.
Venice Beach Property, Pay to Play
I’ve lived in Southern California for twenty years moving out from the Jersey Shore in the 1990’s and have been honored to call Venice my home these past seven years. And while much have Venice has seen overwhelming change in its long-storied history (see oil derricks on the beach), in many respects, it hasn’t changed a bit.
Venice Beach Property, Pay to Play
I’ve lived in Southern California for twenty years moving out from the Jersey Shore in the 1990’s and have been honored to call Venice my home these past seven years. And while much have Venice has seen overwhelming change in its long-storied history (see oil derricks on the beach), in many respects, it hasn’t changed a bit.