Of Interest

In LA, downtown has not lost its luster according to the Business Journal. Rents are rising, despite construction, product is tight as it feels like a housing shortage is gripping LA County. This is good for multi-family property owners and investors and may point to a more national trend in urban centers.

According to Globe Street, multifamily property investment is driving the boom in commercial real estate. This sector has liquidity in the market, citing investment management firm Jones Lang LaSalle(JLL). As the pandemic subsides and the single-family housing market continues its boom.

Investments in multi-family properties can be either active or passive investing. Active investors do the work, there are dozens of things to be done from finding the property to finding and qualifying tenants, and those are probably the easiest among them. Passive investment still has to get all that and more done, but typically it’s...

Commercial properties can qualify for PACE programs. Commercial Property Assessed Clean Energy (C-PACE) financing benefits owners and residents alike. It’s a win-win-win situation for the property, the residents (who pay lower energy bills) and for the environment. It can be a competitive advantage.