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 MoreAround the country, investors are always looking for the next big opportunity in order to stay on top of the market. Here are Commercial Brokers Internationals predictions for investment locations in 2019.
Read MoreIt has long been a question that has puzzled many commercial property owners. Many accountants suggest it, but it's worth is still rarely clear.
Many owners barely even understand how it operates and is thus unable to determine its worth. As that’s the case, we’ll thoroughly explain what it is and what’s it for, but more importantly, whether or not it is worth it in the overall picture.
Read MoreA few weeks ago I wrote about the prospect of the repeal of Costa-Hawkins act in California. This measure is being pushed by tenant rights groups claiming it will help with affordable housing. Although I do believe there is an affordable housing crisis, I do believe that the repeal of Costa-Hawkins would only be a short term relief and significantly hurt affordable housing in the long term. So what can cities do to address the affordable housing crisis?
Read MoreSan 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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