Commercial Brokers International CEO George Pino gives his outlook for the Commercial Real Estate market in Los Angeles for the Third Quarter of 2016.
Read MoreInvestments in commercial real estate are at an all-time high, especially in the Southern California and Los Angeles submarkets. Southern California has always attracted investors willing to pay higher prices, and receive initial lower CAP rates as this market has substantially outperformed the national average for rental and property value appreciation. This is no different in the current market, with prices remaining high, properties that are priced right are selling almost immediately. This is primarily due to the demand from new investors and lower inventory, as well as easily accessible and low cost debt. Many owners are looking to capitalize off of this up market and sell their properties; however, there are at least three things to consider first.
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