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Did You Know Tanner Laverty is a Certified Commercial Investment Member?

November 8, 2011 By

Today I thought I’d let you know about another mile stone we’ve accomplished here at our firm.  As you know, Marc Chacón is a CPM, but as of two weeks ago, I earned the CCIM® credential, which is an acronym for Certified Commercial Investment Member.  As with the CPM designation, the CCIM designation is a sign of education, experience, credibility and ethics.  Understanding that many of you might not know exactly what that entails, you I’ve written a little bit about the designation and provided some links for you as well, if you’re more interested in the details. [Read More...]

Quarterly Recap: Q3 2011

November 1, 2011 By

Once again, it’s time for our quarterly recap. Like the last recaps, I’ve included regional information regarding greater Sacramento and the South Bay such as vacancy rates, rental rates, total transactions and cap rates, which we’ve received CoStar, who we think is the industry leader in commercial real estate data like this.  I’ve also included a quick update on some of the changes we’ve made at Laverty Chacón Commercial Real Estate over the last few months, in case you’re interested. [Read More...]

Buzz Kill: Impact of Federal Government Crackdown on Medical Marijuana Tenants

October 25, 2011 By

Today’s post was written by Winnifred C. Ward, who is a partner in the Real Estate Practice Group of Downey Brand LLP.  She specializes in office, retail and industrial commercial leasing, as well as real property acquisition and divestment.  wward@downeybrand.com; 916-444-1000.

Loose enforcement of California’s “medicinal marijuana” laws, coupled with the federal government’s initial laissez faire approach to enforcement of federal drug laws, allowed not only legitimate purveyors of medical marijuana, but also sellers who were engaging in illegal trafficking of marijuana, to flourish.  Given the recent federal crackdown on medical marijuana providers, and the landlords who leased space to them, many landlords are now wondering if such leases are a viable alternative in the increasingly difficult leasing market.  The long-term answer to that question will depend upon how the current federal enforcement effort plays out. [Read More...]

CCIM Institute’s Interest Based Negotiations

October 18, 2011 By

As part of my journey to achieve the CCIM designation, the CCIM Institute recently required me to take a class on its preferred method of negotiation, which it calls “Interest Based Negotiations”.  Considering one major constant in my professional life has been negotiating contracts and deals of all manners, I found the class validating from many perspectives and enlightening in others. The concepts are skills we at Laverty Chacón Commercial Real Estate have used for years and for the few we didn’t, we’ll be incorporating them starting yesterday.  It was also very apparent to me that most people I work with daily would find it very informative as well.  Understanding that, I thought I would pass on some of the key notes from the class to you.  I hope you find it interesting at the least. [Read More...]

Top 10 Things to Consider When Hiring a Commercial Property Manager

October 4, 2011 By

Hiring the right property manager to manage your commercial property can save you time, money and headaches. A good property manager will help you and your property achieve your goals. Most clients are simply looking to increase short term cash flow and long term value of the asset. There are quite a few things to consider before deciding who to turn the keys over to. Here are my Top 10 recommendations for you to consider: [Read More...]