Silicon Beach Continues Its Culver City Reach
There are several reasons why we will continue to see more technology based companies in Culver City; from proximity to Santa Monica, Venice and Downtown Los Angeles, to its growth potential and the city’s initiatives to make it more welcoming.
The extension of the Expo Line has already shown its impact on downtown Culver City. It has made the transit from Downtown to Culver City then to Santa Monica, a daily possibility. The tech hubs of Santa Monica and Venice can connect with Culver City and Downtown LA which is vital to Silicon Beach’s growth. It allows for these communities to easily communicate and commute to each other. This type of collaborative approach to work is what allowed for growth in Northern California Silicon Valley.
Silicon Beach Continues Its Culver City Reach
There are several reasons why we will continue to see more technology based companies in Culver City; from proximity to Santa Monica, Venice and Downtown Los Angeles, to its growth potential and the city’s initiatives to make it more welcoming.
The extension of the Expo Line has already shown its impact on downtown Culver City. It has made the transit from Downtown to Culver City then to Santa Monica, a daily possibility. The tech hubs of Santa Monica and Venice can connect with Culver City and Downtown LA which is vital to Silicon Beach’s growth. It allows for these communities to easily communicate and commute to each other. This type of collaborative approach to work is what allowed for growth in Northern California Silicon Valley.
Is Amazon the Start of the Apocalypse?
In the media, over the last 6 months or so, we keep hearing about retail apocalypse. News articles talk about the collapse of the retail industry. How these events are causing the demise of the retail commercial property network. Although many retailers have been shuttering stores, including many legacy brands, is this a sign of the collapse of the retail market? Or could it be an indication of a shift in the consumer spending trends?
Is Amazon the Start of the Apocalypse?
In the media, over the last 6 months or so, we keep hearing about retail apocalypse. News articles talk about the collapse of the retail industry. How these events are causing the demise of the retail commercial property network. Although many retailers have been shuttering stores, including many legacy brands, is this a sign of the collapse of the retail market? Or could it be an indication of a shift in the consumer spending trends?
What To Ask When Interviewing An Agent To Represent You.
in this day and age, many agents don’t seem to take the time to understand their clients’ business needs and wants. Perhaps they are too inexperienced to ask the right questions? After all, if you were to hire an employee, you would interview them before offering them a job wouldn’t you?
So what is a client to do? Well, I suggest you “interview” the broker. Ask the agent questions before hiring them.
What To Ask When Interviewing An Agent To Represent You.
in this day and age, many agents don’t seem to take the time to understand their clients’ business needs and wants. Perhaps they are too inexperienced to ask the right questions? After all, if you were to hire an employee, you would interview them before offering them a job wouldn’t you?
So what is a client to do? Well, I suggest you “interview” the broker. Ask the agent questions before hiring them.
What Makes a Good STNL Investment?
The Single Tenant Triple Net (STNL) market has been on fire the last few years. A slew of new buyers are looking to acquire a STNL. Many of these buyers are first time purchasers of commercial property, and many are unsure of how best to analyze the strength of the investment.
What Makes a Good STNL Investment?
The Single Tenant Triple Net (STNL) market has been on fire the last few years. A slew of new buyers are looking to acquire a STNL. Many of these buyers are first time purchasers of commercial property, and many are unsure of how best to analyze the strength of the investment.
The Wall of Maturities
Many people are not aware that most loans for commercial properties are not fully amortizing. Typically they are on a twenty five year amortization schedule, but the loan comes due in 7 or 10 years. What this means is that when the loan comes due, then the owner must pay it off, either through cash reserves, or by refinancing the loan. Most investors do not have the funds to just payoff the loan, so instead look to refinance the balance.
The Wall of Maturities
Many people are not aware that most loans for commercial properties are not fully amortizing. Typically they are on a twenty five year amortization schedule, but the loan comes due in 7 or 10 years. What this means is that when the loan comes due, then the owner must pay it off, either through cash reserves, or by refinancing the loan. Most investors do not have the funds to just payoff the loan, so instead look to refinance the balance.
Experiential Retail’s Growth In Today’s Market
Locally based Paul Davidovac, an agent in capital markets at Commercial Brokers International, says that hands on experiences, and interactive communities are becoming more and more necessary for retail stores, malls, experiential complexes, and shopping regions to thrive in today’s market. According to Davidovac, e-Commerce companies have gained significant market share in today’s retail market place.
Experiential Retail’s Growth In Today’s Market
Locally based Paul Davidovac, an agent in capital markets at Commercial Brokers International, says that hands on experiences, and interactive communities are becoming more and more necessary for retail stores, malls, experiential complexes, and shopping regions to thrive in today’s market. According to Davidovac, e-Commerce companies have gained significant market share in today’s retail market place.
VIDEO: Is Your Equity Working for You or Are You Working for It?
This week, George Pino talks about a client that increased their return on equity by changing CRE investment strategy.
VIDEO: Is Your Equity Working for You or Are You Working for It?
This week, George Pino talks about a client that increased their return on equity by changing CRE investment strategy.
Is Your Equity Working for You or Are You Working for It?
When talking to clients many times they tell me that their investment is doing very well for them. However, they are basing this on what they paid for their property, not on the equity they have built up. For instance, a recent client purchased a 10 unit apartment building almost 30 years ago for $275,000. Their Net Operating Income (NOI) for this property was about $85,000 a year. This sounds like a good return, until you take into account that they have completely depreciated the building, and the investment is now worth close to $2,400,000. This equates to about a 3.0% return on their equity.
Is Your Equity Working for You or Are You Working for It?
When talking to clients many times they tell me that their investment is doing very well for them. However, they are basing this on what they paid for their property, not on the equity they have built up. For instance, a recent client purchased a 10 unit apartment building almost 30 years ago for $275,000. Their Net Operating Income (NOI) for this property was about $85,000 a year. This sounds like a good return, until you take into account that they have completely depreciated the building, and the investment is now worth close to $2,400,000. This equates to about a 3.0% return on their equity.