According to industry experts, the year of 2018 was a great one for the market of non-residential properties. This year should be another great one, too. Therefore, those who are interested in purchasing properties in Los Angeles and elsewhere featuring commercial leases may have a lot to look forward to in the months ahead.
According to commercial real estate experts, 2018 saw many increases in the interest rate. However, these rate hikes did not put a damper on the real estate market’s activity. Industrial and multi-family properties were especially in demand, and it appears that they are continuing to steal the spotlight in 2019.
Part of the reason for the current robustness of the real estate industry is the volatility of the stock market. This is because this type of volatility actually benefits hard assets, such as real estate. In addition, the Feds appear to be taking an unscripted and modest approach to today’s interest rates, which is easing the concerns of investors. Of course, investors may be wise to keep an eye on the political scene, as political uncertainty combined with global unrest may impact real estate.
Still, now appears to be an exciting time for investors to stay in the commercial real estate game or to enter it for the first time. Either way, deals involving properties featuring commercial leases can no doubt be complicated, as no two deals are the same. Fortunately, an attorney in Los Angeles can help investors to protect their best interests and make sure that their rights are not violated as they proceed with their real estate transactions.