Goodkin APC

TF 800-628-2898

PH 310-853-5730

April 2019 Archives

Some info on properties with commercial leases missing online

Modern technology is altering the way in which investors look at the non-residential property market. For example, listing services on the World Wide Web highlights properties featuring commercial leases in a variety of markets. Investors in Los Angeles can therefore obtain a large amount of valuable information regarding commercial properties instantly. The problem is, though, that these listing services still exclude other important pieces of information that might impact how valuable a property is.

Proptech to benefit properties with commercial leases

A brand-new generation of software platforms is changing the world of property investing. These new platforms can monitor energy and water use in buildings, for example. These applications, called proptech, offer promise to investors in Los Angeles who are interested in purchasing buildings with commercial leases, as they provide a new way of generating value for their tenants.

Climate change may impact properties with commercial leases

For investors in Los Angeles and elsewhere, measuring risk against opportunity is paramount. In the real estate market, investors are especially concerned with the increased risk they face due to climate change, as natural disasters cost damages totaling over $300 billion in 2017 -- a record. For this reason, investors who are interested in buying properties featuring commercial leases may want to more aggressively calculate climate risk as well as its potential effect on their property portfolios.

Limit risks when establishing a limited liability company

Starting a business or establishing a partnership has the potential to bring both financial and legal risks to all parties involved. This is why it is critical for parties to do their due diligence to limit their risks and proceed thoughtfully. It is prudent for all parties to understand what to expect from the formation process.

Helpful suggestions to reduce the risk of real estate litigation

Finding commercial real estate that suits the needs of a company and fits within its budget is not easy, especially in Los Angeles. Real estate is expensive, and people buying or selling would be wise to take steps to protect their interests as they move forward. Failure to proceed carefully can expose a business to legal and financial complications in the future and increase the chance of real estate litigation.

ABA | American Bar Association | Defending Liberty Pursuing Justice ASCDC | Association of southern california defense counsel LACABA | Los Angeles County Bar Association | Organised 1878 | Incorporated In California 1953 PABA | Philippine American Bar Association Super Lawyers(R)