Silicon Beach Continues Its Culver City Reach

There are several reasons why we will continue to see more technology based companies in Culver City; from proximity to Santa Monica, Venice and Downtown Los Angeles, to its growth potential and the city’s initiatives to make it more welcoming.

The extension of the Expo Line has already shown its impact on downtown Culver City. It has made the transit from Downtown to Culver City then to Santa Monica, a daily possibility. The tech hubs of Santa Monica and Venice can connect with Culver City and Downtown LA which is vital to Silicon Beach’s growth. It allows for these communities to easily communicate and commute to each other. This type of collaborative approach to work is what allowed for growth in Northern California Silicon Valley.

Is Amazon the Start of the Apocalypse?

In the media, over the last 6 months or so, we keep hearing about retail apocalypse. News articles talk about the collapse of the retail industry. How these events are causing the demise of the retail commercial property network. Although many retailers have been shuttering stores, including many legacy brands, is this a sign of the collapse of the retail market? Or could it be an indication of a shift in the consumer spending trends?

What To Ask When Interviewing An Agent To Represent You.

in this day and age, many agents don’t seem to take the time to understand their clients’ business needs and wants. Perhaps they are too inexperienced to ask the right questions? After all, if you were to hire an employee, you would interview them before offering them a job wouldn’t you?

So what is a client to do? Well, I suggest you “interview” the broker. Ask the agent questions before hiring them.

What Makes a Good STNL Investment?

The Single Tenant Triple Net (STNL) market has been on fire the last few years. A slew of new buyers are looking to acquire a STNL. Many of these buyers are first time purchasers of commercial property, and many are unsure of how best to analyze the strength of the investment.

The Wall of Maturities

Many people are not aware that most loans for commercial properties are not fully amortizing. Typically they are on a twenty five year amortization schedule, but the loan comes due in 7 or 10 years. What this means is that when the loan comes due, then the owner must pay it off, either through cash reserves, or by refinancing the loan. Most investors do not have the funds to just payoff the loan, so instead look to refinance the balance.

George PinoAugust 1, 2017maturities, CRE, amortization, loans, investors, refinancing, mortgage, CMBS, securities, delinquency, defaultComment

Commercial Real Estate Outlook - Q3 2017 - Los Angeles - Westside

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