2013 FEDERAL TAX CHANGES AND IMPACT ON COMMERCIAL REAL ESTATE By Wolf Baschung, CCIM, CPM 2013 tax changes rental property? What changes you make ask. CCIM Institute provides relevant legislative news and supporting resources to answer questions and protect members' businesses. Federal, state, and local laws impact...
By Wolf Baschung, CCIM, CPM From Los Angeles to New York, and Anchorage to Key West, RUBS utility reimbursement is taking hold. Properly allocated utility responsibility and cost is critical to apartment building operations. As utilities are supplied to a rental property, they are typically split-up,...
To all our housing and neighborhood development partners: The Mayor and City Council approved the dissolution of the Community Development Department (CDD) effective July 1, 2013 in line with efforts to simplify and consolidate the City’s economic development processes. All functions, programs and services provided by CDD will...
View original post here: http://www.rentv.com/content/homepage/mainnews/news/17022 Ventura County Retail Center Listed for $14.6 Mil 6/03/13 We’ve learned of an interesting retail listing from Ventura County, as The Terrace, a 39.8k sf retail center in Newbury Park, has come on the market. The center, located on two land parcels totaling 157.7k...
By David Corley Senior Managing Partner – Longstreet Worldwide Over the past thirty-years of dealing in commercial real estate transactions, I have had the opportunity of performing a variety of on-market and off-market transactions both as an owner and a broker. Both methods have their advantages and...
This year the US government has mandated that the government-sponsored loan providers Freddie Mac and Fannie Mae reduce the amount of permanent loans they can offer to multifamily housing properties. This means that real estate investors who are interested in purchasing or financing multifamily rental...
There are several ways that you measure how successful a specific multifamily property investment is likely to be. You could look at the rental growth rates and the vacancy occupancy rates to determine how well a particular rental property is doing currently, but these numbers...
The Los Angeles rent control map below provides a nice visual on areas that are subject to rent control in Los Angeles. Areas in BLACK are subject to the Los Angeles Rent Stabilization Ordinance (rent control). Areas in RED are not. (Click on image to...
In a recent Linkedin group discussion, Avison Young broker and investment advisor, Tony Kim, provides illuminating insights into establishing the most accurate market lease analyses for appraisal and/or formulating client advisory: "For general appraisals in Los Angeles & other counties in the Southern California market, there...
To protect oneself to avoid being stuck in a precarious position upon something happening to a rented house, apartment or room, it is strongly urged that all renter’s get rental insurance to cover any possessions owned and contained within the rented unit. Most homeowners’ policies do...