The Scoop: California Proposition 15
  • August 31, 2020

  Since 1978, residential, commercial, and industrial property tax has been based on their purchase price. The tax is limited to 1% of the purchase price and adjusts annually at a rate of 2% or inflation whichever is lower. When proposition 13 was first introduced property classes were paying their fair share. Over time residential […]

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Real Estate Funds Seek Opportunity in Distressed Property
  • June 15, 2020

As the US, local, and state governments attempt to re-open the economy, the impact on commercial properties remains to be seen. The reality is¬†temporary relief or loan restructuring alone will not save all properties. According to the Mortgage Brokers Association under 40% of commercial property, loans are from banks. The majority of loans are in […]

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