Together with almost every other sector of the economy, commercial property has been disrupted by Coronavirus and social distancing. For many years, the main declining CRE sector has been retail. However, this sector is no longer suffering alone, since the pandemic is hurting most other CRE sectors: hospitality, office, multi-family, personal services, restaurant, entertainment, and construction.
Read MoreLEED (Leadership in Energy and Environmental Design) is a green building certification system that is internationally recognized and provides third-party verification that a community or a building was built and designed using strategies for improving performance across all the most important metrics: energy savings, CO2 emissions reduction, improved indoor environmental quality, water efficiency, and stewardship of resources. It can be applied to all building types – both commercial and residential.
Read MoreOn Nov. 3, 2020, voters will decide about the California Schools and Local Community Funding Act, which will end Prop 13 protection for most of California’s commercial real estate.
This voter initiative, if passed, will require all California commercial real estate — with some exceptions — to be assessed at current market value.
Read MoreDeciding how to hold title to a property is very important and more than just a simple decision. Make sure you understand it or seek professional help if you’re not sure how to do it properly.
Read More