Law Office of Henry B. LaTorraca Civil Trial Attorney

September 2017 Archives

Negotiating time for due diligence on a real estate purchase

A buyer considering a purchase of commercial real estate in California will have many details to consider before committing to a deal. In general, a seller should grant the potential buyer a period of time to conduct due diligence. This investigative period allows the buyer to weigh the asking price against factors that influence value and liability. Essential issues to check include the status of the title, zoning, compliance with environmental regulations, cash flow and lease agreements.

Solid economic growth good news for commercial market

According to forecasts from the National Association of Realtors, commercial real estate vacancies are expected to fall about 1.1 percent to 11.9 percent. The industrial sector is also set to experience a 1.1 percent fall in vacancies to 7.8 percent over the coming year. Vacancy rates are also expected to fall in the retail and multifamily sectors of the commercial real estate market as well.

Investment property considerations

It's not unusual for people living in California to consider the purchase of an investment property. Many people appreciate the security of owning real estate rather than worrying about ever-fluctuating stock prices. While real estate can be a good investment, it also has its pitfalls, particularly for novice property owners.

Using technology to differentiate commercial property

Commercial property owners in California might be able to optimize their properties by implementing smart building technologies. These technologies may help by connecting the various processes within buildings to improve energy efficiency while providing visualizations of how the various systems are working.

Creative Solutions for Complex Legal Issues

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Prospective clients are invited to contact attorney LaTorraca at 562-216-2942 for an initial lawyer consultation to discuss their legal matter.

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