Looking for Retail properties in Los Angeles
Our affordable housing clients have recently turned their attention to retail in Los Angeles. They intend to mitigate rent inflation by buying retail properties and *not* jacking up the rent. What a concept.
Only a few organizations are currently doing this, thanks to a new loan program. The lender is only willing to finance up to $245/sf though, so that is a hard limit on the price our clients will pay.
If you have a retail property in LA you'd like to sell that doesn't exceed $245/sf in value, or if you'd like help with a valuation, shoot me an email to [email protected] or give me a call at 949-306-4867.
Scott Reiley
KW Commercial DTLA
Affordable Division
BRE#01964506
Looking for