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How you can appeal to apartment renters. In an effort to appeal to apartment renters, property managers are making an effort to offer amenities like swimming pools, on-property fitness centers, and so on. However, a recent survey conducted by the firm Yardi Matrix indicates that renters aren’t just looking for physical amenities; they want the right mix of amenities, services,
Here’s what you need to know about conducting a cost segregation on your property. As a commercial property owner, one of the ways that you can reduce your operating costs is by conducting a cost segregation on your property. A cost segregation identifies assets and costs within a property with the intent of accelerating depreciation. While this might not sound
Understanding cannabis delivery regulations in California. Interestingly, the state of California has legalized cannabis delivery throughout the state, even in municipalities that have chosen to ban cannabis-related businesses. This means that California is the first state to completely legalize marijuana home delivery. However, it is still important to know the laws that pertain to your delivery company. Here’s what you
Learn about the job opportunities created by the growing cannabis industry. With cannabis now legal in 33 states, the marijuana industry is thriving. As investors look to capitalize on the major growth of this sector, new businesses are opening and looking for qualified employees. Curious to see which skills are in high-demand? Then here are some of the job opportunities
How diversity can solve the problem of aging players in the commercial real estate industry. Statistics on the commercial real estate industry show that it is increasingly led by an aging population. In fact, the average age of just the property management sector is well into the 50s. With retirement age creeping up on many of the major players in
How the commercial real estate sector can recruit talent. Anyone who is involved in the commercial real estate industry has likely heard about the growing talent deficit. Experts identify several reasons why this deficit exists, from millennial and Generation Z’s preference for start-up culture to the commercial real estate industry’s inability to effectively recruit young workers. However, there are things
The marijuana banking bill is back. Six years after it was first introduced, the House of Financial Services Committee has released a revamped Secure and Fair Enforcement Banking Act of 2019. Also known as the SAFE Banking Act of 2019, this new draft is designed to create a safe harbor for banks to serve the growing cannabis industry. Curious to
New survey reveals which SoCal commercial real estate sectors are growing in popularity. The latest Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey revealed the current state of the commercial real estate market in Southern California. This biannual survey gathers the opinions of an anonymous panel of real estate executives who are currently working in SoCal’s real state markets.
The future of California’s bullet train is in jeopardy. While uncertainty has surrounded California’s high-speed rail network since its proposal, things are on even shakier ground now that the Trump administration has stated that they intend to terminate the $928 million federal grant for the $77 billion bullet train that would connect Los Angeles to San Francisco. In a separate
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