Longest Los Angeles Concrete Pour for New Wilshire Grand project
The New Wilshire Grand project in downtown Los Angeles experienced the longest concrete pour in city development history. The pour has been nicknamed the “grand pour”, which started at 4 pm on Saturday February 15th with the help of over two hundred trucks storage large amounts of concrete. It took a total of 2,000 truckloads […]
Tech Companies Seek More Space, Dip into Industrial and Retail Spaces
San Francisco’s retail market is healthy, however tech companies are seeking more space for expansion. The Bay Area is traditionally low on space for new retail development. The highest areas for rent in San Francisco are Union Square and Downtown, where vacancies remained near 3 percent. Anchor stores that offered discounted items, such as Target, […]
Construction Industry 2014 Outlook Is Promising
The construction industry, which has slowed significantly since the Financial Crisis of 2008, is being tipped to have a strong year in 2014 with one catch – firms will succeed if they find workers who are qualified enough. Out of eight hundred major construction firms surveyed, 41 percent came back with a response stating intent […]
Analysts impressed with turnaround in national Commercial Mortgage Backed Securities delinquency rates
According to: http://www.rew-online.com/2013/12/04/analysts-impressed-with-turnaround-in-national-cmbs-delinquency-rates/ The Trepp CMBS delinquency rate continued its “impressiveˮ turnaround in November, which marked the sixth consecutive month of improvement. With a rate decrease of 32 basis points in November, the delinquency rate for US commercial real estate loans in CMBS is 7.66%. The Trepp delinquency rate has dropped 268 basis points since reaching […]
New Tax on Investment Income Info
According to the WallStreet Journal; It’s time to grapple with the new 3.8% tax on investment income. Randy Pollack The 3.8% tax on investment income, which Congress passed to help pay for health-care changes, takes effect this year for many investors. Here are ways to minimize the hit. The ordeal of 2012 taxes is barely […]
News Surrounding Studio City
Chipotle Mexican Grill who already has a location on Ventura Blvd., is in construction to open a new location next to the Laemmle NoHo 7 movie theater. This will occupy the vacant space next door to the theater that has never been occupied. Opening date is yet to be determined. Last night The Studio City […]
To Buy or to Rent?
Many consumers and investors have always wondered if it is better to buy or rent a home. When considering these two choices, people tend to look at the price-to-rent ratio. This can be calculated by comparing the median sale price of available homes to the median annual rental price of available rentals. This ratio is […]
Cap Rates Continue to Fall for Net Lease Properties
The average cap rate for single tenant net leased properties has dropped 25 basis points in the second quarter of 2012. This drop is mainly due to the retail sector, which is currently favored by Net Lease Investors. As for office and industrial properties, there has been a small increase in cap rate. Cap rates […]
Higher Demand for Single Tenant Net Leased Properties
Interest rates for placing money in saving accounts are at historic lows. Therefore investors are looking for other avenues to hedge against inflation. Although inflation is also low, many forecast the next wave of change to the economy will cause inflation to rise. Return on investments in Single Tenant Net Leased properties (NNN) are achieving […]