Apple is Showing us the Future of Retail – Is Anyone Listening? Apple's newest flagship store is a stunning example of how to "not" fade into the past. Face it, Apple is no spring chicken in retail terms - lets all remember that computers, phones, and watches are at their core retail material. Yes they are critical communication devices too but [...]


When it comes to commercial real estate, banks prefer to lend, not lease.

CRE Expected To Be a Top Driver of Loan Growth in 2014 Even as Banks Continue To Shrink Their Footprints As 2014 kicks off, many U.S. bankers say it’s high time to start growing everybody’s commercial real estate portfolios - except for their own, that is. While projecting significant commercial real [...]


Obamacare Augments Health Leases

LOS ANGELES-Several healthcare providers and insurance companies are beginning to augment existing leases or expand into new properties to accommodate anticipated growth from the Affordable Care Act next year. recently reported, that L.A. Care Health Plan added an additional 47,306-square-feet of space at the Garland Center in preparation for [...]


Tax Agency Reaffirms Plans to Use Precedent for Defining ‘Real Estate’ for Qualifying as a REIT

In the equivalent of an NFL referee throwing a penalty flag and then picking it up and saying “never mind,” the IRS has notified three firms seeking to reorganize their real property holdings into new REITs that it will resume working on their conversion requests. The three companies in the [...]


New Leasehold Case & Other 1031 Exchange Updates

Recent Case: Leasehold Interests Not Like-Kind to Fee Interest In order to qualify for tax deferral under Internal Revenue Code §1031, both the property sold as relinquished property and the property acquired as replacement property must be like-kind. §1.1031(a)-1(b) of the Treasury Regulations clarifies that the term “like-kind” refers to [...]