Looking for Retail properties in Los Angeles

[Scott R.]

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