San Pedro’s Historic Harbor View House will be converted into apartments

San Pedro’s historic Harbor View House, now the state’s largest mental health facility, will be converted to a 100-unit rental property.

Plans for the nearly century-old harborside building also include around 15,000 square feet of ground floor commercial space, according to Urbanize.

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The Starbucks View of Retail Real Estate

Howard Schultz reportedly told Starbucks employees that the retail sector was reaching a point where landlords of even prime centers would need to lower rents.

Donna Mitchell | Mar 26, 2018

As retailers continue to make headlines with bankruptcy filings and liquidations, one major tenant is said to be predicting that if the current environment persists, it might permanently reduce its real estate costs.

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What Type of Commercial Real Estate Investment is Right for You?

I often get asked how I first started investing in commercial real estate (“CRE”), and of course the next follow up question: “How do I start investing?”    I think the most important facet to begin investing in CRE is to identify what your goals are.  How much do you want to invest and why do you want to invest, is it to build equity; for cash flow purpose; or are you looking for larger future appreciation?  CRE can provide an avenue of long-lasting income; it can help diversify your portfolio, it can offer tax benefits, and by using properly selected real estate strategies, it can produce the potential for appreciation, in addition to cash flow.

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