The IRS has granted tax relief to California residents in the form of an extended tax deadline. In addition to giving you more time to file your taxes, this decision can also have interesting ramifications for 1031 exchanges. Keep reading to learn why. What Is a 1031 Exchange? 1031 exchanges get their name from section…
Even though it still feels like 2023 has just begun, March is already here. With the end of Q1 already in sight, it makes sense to start looking at commercial real estate scenarios for the second half of 2023. Here’s what you need to know. Industrial Although industrial real estate activity is expected to ease…
Whether you are an owner or investor, depreciation is a key topic in commercial real estate. With that in mind, today we take a closer look at curable depreciation (as well as other types of depreciation) in real estate. What Is Curable Depreciation in Commercial Real Estate? In commercial real estate, the term “curable depreciation”…
The Federal Open Market Committee (FOMC) raised its benchmark interest rate by 0.25%, the eighth increase since March 2022. Keep reading to learn more about this move and its impact on Commercial Real Estate. Fed Raises Interest Rates by a Quarter Point On Wednesday, the Federal Reserve announced that it is raising its benchmark interest…
When leasing a commercial property, it is important to distinguish between Usable Square Footage and Rentable Square Footage, two concepts that, while similar, have key differences you should be aware of. What Is Usable Square Footage? Usable Square Footage (or USF) refers to the space a company occupies in a multi-tenant building. Usable Square Footage…
Leasing a new commercial space is an important step both for your company and for the owner of the property. That’s why in the vast majority of cases, landlords want to see “financials” before signing a lease. But what does this entail, exactly? What Does It Mean When a Landlord Wants To See “Financials”? In…
The final chapter of 2022 is already in sight, marking the end of one of the strongest years for commercial real estate. But what will 2023 look like? In today’s post, we discuss four trends that will shape the industry in the near future. 4 Commercial Real Estate Trends To Watch in 2023 Most experts…
The effects of economic uncertainty are rippling across many sectors, however, industrial real estate seems to be an exception, according to a recent industry report. Keep reading to learn more. Report: Industrial Market in SoCal Remains Strong Despite Headwinds The after-effects of the pandemic have left economists scratching their heads trying to deal with an…
Among other things, Los Angeles is known as the world’s most important movie production hub. The city’s appetite for studio space is such that its effects ripple across many industries, including commercial real estate. LA’s Appetite for Studio Space and Its Impact on Commercial Real Estate According to a report by professional services network Deloitte,…
With warehousing properties and warehousing space in short supply due to a boom in e-commerce, flexible warehousing has gained a new relevance all over the country, but especially in California. Keep reading to learn more about this trend. What Is Flexible Warehousing? Flexible warehousing refers to an arrangement where companies pay a warehousing provider only…