Whether it’s a new office building, industrial warehouse, retail shopping center, or high-rise residential apartment building, investors and lenders increasingly demand to see a substantial portion pre-leased before they are willing to put up construction money. Purely speculative construction projects are rare in today’s real estate market. People are reluctant to invest in buildings that […]
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Estate wide rent control in CA
Rent control is a widelytalked-about issue in California. This government program was created in response to California’s high rental and housing costs. The main purpose of this directive is to regulate the amount landlords can charge for a certain rental property. The Costa-Hawkins Rental Housing Act of 1995 was originally put in placetolimit rent control […]
Read more.The Real Estate Investment
Knowing what you can do in some investment situations can be the difference between an annual profit or loss in your currently owned commercial property or the one you intend to acquire. How you acquire it can be important. The professional commercial real estate broker is in the position to represent a client in real […]
Read more.The Assemblage Option
The option is an extremely versatile investment tool that comes in a variety of forms and can be used for a variety of purposes. The best part of an option is that it gives the optionee (the party holding the option) control over property (in the sense of the right to acquire it) for a […]
Read more.Preparing A Loan Request Package
When preparing a loan request package for presentation to the lender, the real estate borrower must be as complete as possible the first time. Insufficient, imprecise, or incorrect data in a loan request package can mean a rejection for an otherwise attractive real estate loan. Following are suggestions on things to include with the loan […]
Read more.Matching Tenants To Apartments
Property managers must always think about the type of tenant that is most likely to reside in that particular building. For example, when apartments in a project rent for lower monthly amounts per year, tenants will be concerned primarily with shelter. This means a safe, clean, efficient building but without frills and amenities. On the […]
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