Commercial News

Do you have a commercial real estate loan in Santa Barbara coming due in 2016 or 2017? If so, you should start your planning early, especially if you currently have a CMBS loan and are thinking you will be able to go back to the CMBS market. If you haven’t heard, the CMBS loan market has been in turmoil recently, with widening spreads, dwindling lenders and less competitive terms.

The U.S. economic news and commercial real estate news is, generally, rosy…even when the world political and economic news is not.

The Santa Barbara Planning Commission will review renovation plans for the Cabrillo Boathouse and Pavilion on Aug. 20.

In times of scarcity and alienation, it’s more like bumper cars. Different groups feel their lanes are blocked, so they start crashing into one another.

As the year gets underway, the investment world is increasingly anxious about various global risks. The economies in the European Union remain challenged, and despite the European Central Bank’s commitment to quantitative easing, the fear is that stagnation is becoming ingrained throughout Europe and that Greece may leave the Union altogether.

Within the recently released President’s 2015 budget is a proposal to limit gain deferral for real estate to $1 million per taxpayer per year.

The question of whether we are in a multifamily bubble is one that has recently been on the minds of many real estate investors

The Federation of Exchange Accommodators (“FEA”) is the industry association for professional exchange facilitators, also known as Qualified Intermediaries (“QI”).

ew Eastside development will feature a popular restaurant, Municipal Winemakers‘ second Santa Barbara location and a new brewery founded by the grandson of the late Fess Parker.

All too often a business searching for commercial space places a person in charge of the initial search who has:
limited or no experience with real estate
limited or no understanding of the business’s real estate requirements
no authority to act on behalf of the organization.