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The IRS has issued a disaster relief notice for the state of California relating to the severe winter storms, flooding, and landslides that began January 8, 2023. Counties in which Affected [...]

As we start into the new year with tax laws intact from last year including 1031s as we knew them, thank you Joe Manchin, I don’t see any slowing from last quarter.  We need a little slowing to [...]

It’s a bit shocking that out of 227 cities in the ranking that Columbus ranks number 5. Columbus has even ranked ahead of powerhouse American cities such as Austin, Charlotte, and San Diego. The [...]

Convenience Stores – Potential 100 Percent First Year Bonus Depreciation.  Generally single tenant, absolute net. As always, please consult with your tax professional before making any [...]

It’s true that Los Angeles is going development crazy, but one particularly hot spot is the commercial development along the Expo Line from Santa Monica through Culver City to Downtown.   Rents [...]

A local Santa Monica, California hotel developer was fined $15.5 million for what considered a ‘bait and switch’ by a local judge for tearing down two of the very few low cost hotels in Santa [...]

The City of Long beach has preliminarily passed a city ordinance requiring landlords to make a payments of up to $4,500, to help tenants with moving expenses if their rents are increased more [...]

I saw this piece a couple of days ago in Curbed LA and had to make a few comments.   First, this is just fantastic to see LA’s skyline, which admittedly is not the most exciting in the world [...]

Santa Monica’s Proper Hotel Opens June 17 The 1920s Santa Monica Professional Building has been renovated, repurposed and expanded by Proper Hospitality and is slated to open June 17th as Santa [...]

Los Angeles commercial real estate developers AECOM Capital and Combined Properties Inc. have announced a mixed use hotel, condos and small music venue to be built on the site of the former House [...]

I received an email from Steve Rosansky at Peak Exchange regarding possible 1031 extensions in the event of a natural disaster such as what has occurred in the West Valley of Los Angeles and [...]

In Southern California, deal volume is off moderately, but prices continue to rise, and inventories are rising.  This is exacerbated by rising interest rates pricing many potential buyers out of [...]

Investors / owners want to defer capital gains.  That’s the point of doing a 1031 tax deferred exchange.  Investors and owners also want to lower taxes.  Cost Segregation and 1031 Exchanges are [...]

The proposed cap to cover the 101 through most of downtown is a fantastic idea.  It’s been on the back burner for years now so Curbed LA gave it another shot to rekindle some interest. [...]

Year End Commercial Real Estate Closings Just a reminder that if your utilizing section 1031 of the IRS code to defer capital gains taxes, a closing on your down leg (relinquished property) [...]

Hello everyone. We’re in the peak season of the hottest commercial real estate market we’ve had in over ten years. I’ve had a number of calls lately from buyers new to the [...]

It’s the season when we see many new single tenant, net leased / triple net retail assets for sale come on the market. These are perfect for sellers and buyers in a 1031 exchange because [...]