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Archive

7
Nov

Why It’s Challenging to Sell Locations that Were Previously Gas Stations

Why sellers have trouble with former gas station locations. Because locations that served at gas stations are usually located on busy street corners and easy to access, you would think that they are prime real estate for developers.  However, this isn’t usually the case.  This is because former gas stations are almost always considered contaminated sites.  But why does this

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31
Oct

Cannabis and California Taxes

How the legalization of marijuana will affect California’s tax revenue. While you might assume that the legalization of marijuana would have clear tax benefits for the state of California, the reality is a little more complicated.  Because legal cannabis markets take time to establish, the tax revenue generated so far has not been particularly impressive.  But this doesn’t mean that

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24
Oct

Timeline Marking the Contentious History of the Bolsa Chica Wetlands

The ongoing battle between environmentalists and developers regarding the Bolsa Chica Wetlands. The Bolsa Chica Wetlands near Huntington Beach has long been prized by historians and environmentalists. As the site of an important ecological reserve and with 95% of the state’s coastal wetlands already destroyed, preservationists have fought to save the Wetlands for years and years. However, with coastal properties

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17
Oct

News on Huntington Beach’s New Housing Developments

Housing shortages and development news in Huntington Beach. Over the next few decades, the city of Huntington Beach is projected to build fewer than 5,000 housing units.  This low number is an issue as Orange County struggles with a housing deficit of over 58,000 units, which is expected to increase to about 115,000 by 2045.  But why is Huntington Beach

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10
Oct

Experts Predict 12,000 Store Closings by the End of 2019

The “retail apocalypse” continues with more store closings on the way. 2019 has already seen 7,888 store closures, with major companies such as Payless ShoeSource, Gymboree, Gap, and Dressbarn announcing nationwide closings.  This number already outpaces the 5,844 total store closures seen in 2018.  Experts point out that, if these high rates continue, then we could see as many as

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26
Sep

Why Now is the Best Time to Purchase Commercial Real Estate

Why small business owners should buy their commercial properties. While many business owners choose to rent their buildings, there are some compelling reasons for buying these properties.  With the economy growing and interest rates at historic lows, now is a fantastic time to invest.  Here’s why small business owners should buy their commercial properties. No More Rent Small business owners

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19
Sep

How Rental Property Owners Can Get Ready for New Cannabis Legislation

How rental owners can anticipate new marijuana laws. As more and more states legalize marijuana, rental property owners need to understand how this affects their investments.  By keeping an eye on developing trends and new legislation, you can maximize your returns while reducing the opportunity for legal action against you.  Here’s how rental owners can anticipate new marijuana laws. Consider

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12
Sep

Questions to Help You Select the Right Real Estate Broker

Questions to ask a potential commercial real estate broker. If you are trying to find a new commercial space and negotiate a lease, then it pays to have an experienced commercial realty advisor on your side.  This is why it’s so important to choose a qualified and trustworthy real estate broker.  But how can you find the best broker for

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5
Sep

Short Sale Pros and Cons to Consider

What buyers need to consider when purchasing a property in a short sale. Short sales are commercial real estate transactions where the selling price of the property falls short of the total debts, second mortgages, or liens against the property.  Short sales typically occur when a property owner is unable to pay their lender and wishes to get rid of

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