This article was published in Forbes on April 30th, 2024. Over the course of my 30 years in property management throughout the Los Angeles area, I’ve seen plenty of tenant-landlord relationships turn sour and end up in the courtroom. We’ve had luxury properties turned into party houses by reckless tenants. We’ve had other tenants hold onto thousands […]
Los Angeles Commercial Property
7 Types of Notices Every Landlord and Property Manager Should Know
Being a landlord or a property manager in the San Fernando Valley is not the easiest job in the world. You need to learn how the process work if you want to succeed in this job. You need to learn how to handle tenants and different types of notices to issue your tenant when they are not […]
How To Tailor Marketing Strategies For Vacancies At Your Unique Property
This article was published in Forbes on 2/29/2024 Marketing hinges on specificity. If all products and services could be marketed the same way, that would defeat the purpose, wouldn’t it? You wouldn’t try to sell a vintage Chevy Blazer by showing a trailer for it in movie theaters across America, just like you wouldn’t advertise […]
The Role of Rent Escalation Clauses in Commercial Real Estate
Rent Escalation Clauses in Commercial Real Estate Much has been made of the use of escalator clauses in the context of the viciously competitive residential homebuying market. Comparatively less is said about the use of rent escalation clauses in commercial real estate. Escalation clauses are exactly as they sound in that they increase the cost […]
The Importance of Inflation in the Context of Commercial Real Estate
Inflation has jumped nearly 7% in one year alone. This spike is the largest increase in inflation the country has endured since 1982. The cost of everything is up, ranging from food to automobiles and housing. Though the Federal Reserve initially characterized inflation as “transitory” in that it would eventually dissipate and possibly even give […]
The Allure of Senior Housing as a Commercial Real Estate Asset Class
It has never been more expensive to keep a roof over one’s head. The price of land and already-built housing continues to soar across the United States as well as other developed countries. A combination of inflation, elevated building materials costs and population growth has made housing unaffordable for a growing number of Americans. However, […]