Will the Commercial Real Estate Market Crash?

Will the Commercial Real Estate Market Crash?

This is a question that keeps circulating among many professionals in the commercial real estate industry, and it is a question that comes up daily with my clients. The short answer is, it depends. Wow, that is really thoughtful, Anthony. The reason it depends is because first off, each sector of commercial real estate (CRE) […]

COVID-19 UPDATE: Deadlines for Exchanges in Process Extended to July 15th

COVID-19 UPDATE: Deadlines for Exchanges in Process Extended to July 15th

Due to the COVID-19 crisis, on April 15, 2020, the IRS issued a notice granting relief to taxpayers extending a variety of tax-related deadlines, including those within a 1031 exchange. Consequently, if either the 45-day deadline or the 180-day deadline of your exchange falls between April 1 and July 15, the deadline has been extended to […]

The Future of Co-Working Space

The Future of Co-Working Space

CO-WORKING SPACE: How say you? A great concept that has given a professional work environment for many small business’s and has allowed larger companies to expand without taking big expensive traditional office space. I personally think it has been invaluable to so many, including office landlords, small business, one man operations and others. They have […]

COVID-19 Update

Dear Friends, Due to COVID-19, last Friday Major Properties made the decision to work remotely from home. This past week we have closed some escrows and also lost a few. Many clients have pressed the pause button, and buyers and sellers have agreed to wait out the current situation. I have been getting many calls about […]

Key Factors for the Near Future of CRE

According the Urban Land Institute and update from Bisnow.com, here here some key factors affecting CRE going forward and into 2019: 1. Office and multifamily amenities on steroids: New office buildings and multifamily assets are going well beyond the fitness center and recreational areas to include child and pet care, bike storage and even a “curated garden” […]

Martin Beck of Major Properties Has Closed a Multi-Family Deal for $4,250,000

Martin Beck has been specializing in multi-family real estate for the past five years (out of the ten that he’s been with Major Properties). As most of us are aware, Los Angeles housing is incredibly limited these days. Finding a multi-family property for sale is very competitive, especially one in a good location and priced […]

DTLA Grand Central Market Has Been Sold to a Beverly Hills Real Estate Investor

The Los Angeles Times has reported that the bustling Grand Central Market, one of Los Angeles’ best-known cultural landmarks, has been sold to a Beverly Hills real estate investor who vows to preserve its historic charms. The sale that closed Tuesday included the 12-story Million Dollar Theater tower next door, home to the first movie […]

Go Dodgers!

In baseball, when you win 104 games in the regular season, it is expected that you go to the World Series. That is not anything that can be questioned. However, if the Dodgers don’t have enough pressure riding on the outcome of this post season, I want to remind my business friends that real estate economic […]