Global Supply-Chain Problems Escalate, Threatening Economic Recovery

Global Supply-Chain Problems Escalate, Threatening Economic Recovery Component shortages, surging prices of raw materials and transportation backups compound the bottlenecks Global supply-chain bottlenecks are feeding on one another, with shortages of components and surging prices of critical raw materials squeezing manufacturers around the world. The supply shocks are already showing signs of choking off the [...]

By |2021-10-20T16:28:16+00:00October 20th, 2021|.|Comments Off on Global Supply-Chain Problems Escalate, Threatening Economic Recovery

Industrial Vacancy Below 1% Near Nation’s Busiest Port

The Ports of Los Angeles and Long Beach — together, the nation’s busiest — continue to experience record volumes, leading to double-take-worthy industrial fundamentals nearby. The Port of LA reported that between June 2020 and June 2021, it broke eight monthly records and experienced the top four individual months in its 114-year history. Import volumes [...]

By |2021-09-03T23:35:02+00:00September 1st, 2021|.|Comments Off on Industrial Vacancy Below 1% Near Nation’s Busiest Port

President Biden’s Proposed Tax Law Changes and Real Estate

President Biden is expected to release shortly a 2022 federal budget, which will include the President’s proposed tax law changes. With the Democrats currently controlling both houses of Congress, new proposed tax legislation is anticipated to be introduced by the Biden administration into Congress in the fall of 2021. To facilitate the enactment of [...]

By |2021-05-10T23:22:31+00:00May 10th, 2021|.|Comments Off on President Biden’s Proposed Tax Law Changes and Real Estate

Ports Set Records With February Cargo Volume

The United States’ top port for containerized imports from Asia reported its best February on record as the nation’s economy continues to bounce back from the pandemic. The Port of Los Angeles said it processed 799,315 Twenty-Foot Equivalent Units (TEUs) last month for a 47% jump compared to February 2020 when the world was [...]

By |2021-03-24T15:29:41+00:00March 24th, 2021|.|Comments Off on Ports Set Records With February Cargo Volume

The Political Path to Repeal the 1031 Exchange

Most real estate investors feel strongly that 1031 exchanges remain a target for repeal or limitation. President Joe Biden’s election has renewed the discussion as to whether 1031 tax deferred exchanges are once again in danger of being repealed or modified to limit its tax benefits. Most supporters of 1031 exchanges expound on its [...]

By |2021-03-24T05:16:18+00:00March 16th, 2021|.|Comments Off on The Political Path to Repeal the 1031 Exchange

The Untapped Potential of Sale-Leasebacks

Sale-leasebacks are continuing their meteoric rise in the M&A world, and private equity firms that aren’t yet taking advantage of these arrangements “could be leaving money on the table,” according to a new survey by the Association for Corporate Growth. J.C. Penney is perhaps one of the most prominent examples of a high-profile company [...]

By |2021-02-18T23:31:58+00:00February 18th, 2021|.|Comments Off on The Untapped Potential of Sale-Leasebacks

2020 -> 2021: Southern California Industrial Market Outlook

Market conditions for the Los Angeles industrial market have weakened as a result of the pandemic, like most other markets across the nation and property types in L.A. Market vacancy has visibly risen from its most recent low in late 2019. Average asking rents continue to advance, but the pace of gains has trended [...]

By |2021-01-11T23:26:43+00:00January 7th, 2021|.|Comments Off on 2020 -> 2021: Southern California Industrial Market Outlook

Prop 15, aimed at raising taxes on commercial properties, is dead

Proposition 15, the statewide ballot initiative that would have raised taxes on large commercial property owners, has been defeated. Unofficial results from election night showed voters had rejected the measure. A week into counting, there are likely not enough ballots remaining to change that outcome, the Los Angeles Times reported, citing the Associated Press’ tally. [...]

By |2020-11-16T18:01:03+00:00November 16th, 2020|.|Comments Off on Prop 15, aimed at raising taxes on commercial properties, is dead

Commercial Real Estate Prices Regain Some Ground

Commercial real estate prices showed modest gains in August after sustaining losses in the early months after the U.S. coronavirus outbreak, according to the latest monthly CoStar Commercial Repeat Sale Indices. Even so, both indices show prices remain below pre-pandemic levels. The equal-weighted U.S. Composite Index, which reflects the more numerous but lower-priced property sales typical of [...]

By |2020-11-16T17:45:12+00:00October 6th, 2020|.|0 Comments

1031 Exchanges Are Driving Transaction Volumes

1031 exchange demand is driving the majority of transaction volumes during the pandemic. While some new opportunistic capital has entered the market, the majority of investment demand for CRE assets is coming from 1031 exchange buyers. The activity has not only helped to prop up transaction volumes but has also helped to stabilize pricing [...]

By |2020-10-07T16:52:15+00:00August 31st, 2020|.|Comments Off on 1031 Exchanges Are Driving Transaction Volumes