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 […]

Network Partner Donates Fabric to Make Medical Gowns

Network Partner Donates Fabric to Make Medical Gowns

Ragfinders of California, a Downtown Los Angeles wholesale fabric store, has donated fabric to Project PPE to help medical professionals who are in need of medical gowns. See the Spectrum News 1 story HERE. Jacqueline Westman, along with her friend Brittany Walker, started Project PPE, a group of innovative design fields all coming together to […]

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 […]

Tallest Residential Building in California Proposed for DTLA

The Los Angeles Times has reported that a skyscraper that would be the tallest residential building in California has been proposed for Downtown Los Angeles. Crescent Heights, a Miami-based developer, submitted a proposal to the city Planning Department this week to build a 70-story apartment building that would stand out in size and design amid […]

Foreign Currency Comes to Los Angeles

Major Properties is a boutique brokerage firm with 15 agents. In spite of being small, we not only get our fair share of deals, but we also have a pulse on the Southern California real estate market. I’m sure that gives us an edge over our competition. Major Properties has approximately $200 million in deals […]