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
Read MoreThe average ROI (return on investment) in real estate investments is around 10% and considering that an acceptable ROI is anything above 6-8%, it stands to reason that all real estate investors watch this closely.
Additionally, ROI is one of the most crucial metrics in the business as it directly relates to how much you earn back from your investments, so it’s vital for you to understand it well, and learn how to calculate it.
Read MoreWe have all said hello to 2019. As we enter this New Year it’s a great time to take steps to position our investments, finances, and estate plan to flourish in 2019. Some of those steps will include an overall review of your investment plan to reducing your exposure stocks and shift more into bonds; or updating your will and end-of-life-documents.
Read MoreThe 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.
Read MoreBenjamin 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.
Read MoreHappy 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.
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