FARM: Commercial Postcard
Use this firsttuesday FARM Letter in your marketing. To request a FARM letter topic, or to see a...
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Category: Commercial
The widening level of vacant commercial space available in SoCal — Q1 2025
SoCal’s commercial real estate market on entering 2025 is fully destabilized with industrial vacancy rates elevated across all SoCal markets and office vacancy rates even higher.
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Form-of-the-Week: Tenant Representation Agreements and Renewals — Forms 105.1, 105.2, 105.1A and 105.2A
The tenant representation agreement employing a broker to acquire a leasehold interest in a property is the leasing equivalent to the buyer representation agreement to acquire a fee interest.
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SoCal commercial vacancy rates moving on up in Q4 2024
Commercial vacancy rates rose after 2023 and continue to rise in Southern California. While increasing vacancies cut into rental income and leasing fees, the absorption rate is worsening and shifting the source of leasing fees. Regions with the highest vacancy rates see the most occupancy of vacant space.
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Form-of-the-Week: Purchase Agreement — For Other than One-to-Four Residential Units — Form 151
A buyer broker uses RPI Form 151 when preparing an offer to purchase income-producing real estate, excluding one-to-four unit residential property.
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SoCal commercial property struggles linger on in Q3 2024
In each quarter in 2024, all SoCal markets experienced increasing vacancies.
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SoCal commercial vacancy rates continue to rise in Q1 2024
Southern California’s commercial market softened even further in the first quarter of 2024.
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SoCal commercial vacancy rates continue to rise in Q4 2023
Southern California’s commercial market softened even further in the fourth quarter of 2023.
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Federal multi-family building incentives for California builders
The Inflation Reduction Act (IRA) adds several incentives for builders and multi-family property owners making energy efficient improvements.
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UDAAP consumer mortgage protections extended to commercial financing
Existing regulations prohibiting unfair, deceptive, and abusive practices (UDAAP) in consumer mortgage financing now apply to the conduct of originators of commercial mortgage financing in California.
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Is a month-to-month commercial tenant operating an agricultural business protected against an unlawful detainer (UD) action based on a notice to quit when rent is not delinquent?
65283 Two Bunch Palms Building LLC v. Coastal Harvest II, LLC
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SoCal commercial vacancy rates continue to rise in Q2 2023
Southern California’s commercial market softened even further in the second quarter of 2023.
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SoCal’s commercial market further softened in Q1 2023
SoCal’s commercial market faced tough headwinds in the first quarter of 2023.
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Is a lease agreement void when the term of the lease exceeds the rule against perpetuities?
Tufeld Corp. v. Beverly Hills Gateway, L.P.
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Is a landlord liable for the injuries sustained by an independent contractor hired by a tenant?
Ramirez v. PK I Plaza 580 SC LP
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REIT investment: playing the real estate game from the sidelines
What are Real Estate Investment Trusts (REITs) and why are they useful?
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Industrial real estate set to normalize
Following the pandemic-era distortions that sent demand for industrial space into a boom-time frenzy, industrial real estate transactions adjusted to a recession fever in 2022.
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MLO recession survival guide Part 4: Arranging mortgage originations for investors
Discover how to solicit and work with property investors during a recession.
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Unused commercial space continues to convert into much-needed apartments
California’s housing shortage has a new source of aid: conversions from commercial property to much-needed multi-family units.
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Governor Newsom opens up commercial zoning for residential use
Governor Newsom signed two pieces of legislation into law in September 2022, both of which streamline commercial conversions into residential buildings: Senate Bill 6 and Assembly Bill 2011.
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