Archive for Commercial

Peak Commercial Announces Successful Closing on Multifamily Units in Inglewood Area as Part of a 1031 Exchange Transaction


Woodland Hills, CA (PRWEB) March 10, 2015

“The Inglewood / LAX corridor is proving itself a new opportunity for commercial real estate investors,” states Kevin M. Levine, EVP of Peak Commercial (http://www.peakcommercial.com) referring to his recent transaction involving two multifamily assets in close proximity to LAX and Hollywood Park. Peak Commercial specializes in commercial buyer / seller representation in multifamily, retail, office building, industrial, land and REO commercial transactions. Levine notes increased interest from investors looking for new opportunities for expansion. The current sale, in Levine’s opinion “represents even more commercial real estate deals to be had in the Southwest Los Angeles sector.”

“The combination of available commercial inventory, Los Angeles Metro service expansion into the area, and renewed interest in building an NFL stadium on the site of the Hollywood Park Racetrack facility has drawn investors back to Southwest Los Angeles and has had a significant impact of commercial property values,” according to Levine. The multi-property deal includes adjacent multi-family units located at 10202-10206 S.10th Avenue near LAX, and a 12-unit complex on 921 N. Cedar Avenue closer to Hollywood Park with an average price per unit estimated at $ 140,000.

Peak Commercial represented the investor for the multifamily properties, facilitating the acquisition as part of a 1031 Exchange. The guidelines of a 1031 Exchange allow investors the ability to sell a property involved in a business transaction and reinvest the proceeds in a similar property to defer capital gain taxes. “Working with our buyer, we crafted a deal that not only included the acquisition of income property with amazing potential, but also maximized returns over the long term by mitigating tax liability.”

Peak Commercial is one of the entities in the Peak Corporate Network, headquartered in Woodland Hills, California. In addition to commercial real estate brokerage services, the Peak Corporate Network group of companies provide loss mitigation and workout services, residential real estate brokerage services, escrow services, 1031 exchange services, real estate financing, short sale services, foreclosure services and loan servicing. For more information, visit http://www.peakcorp.com.

The Peak Corporate Network is a brand that represents a group of related separate legal entities, each providing its unique set of real estate services.







Find More Workout Press Releases

Dale Earnhardt Jr. Call | Diet Mountain Dew Commercial

Take duck hunting up a notch with Dale Earnhardt Jr. and Diet Dew. The only Diet with Dew in it. If you #dothedew then subscribe for more awesomeness http://…

from the Peter Serafinowicz Show.
Video Rating: 4 / 5

We're our own worst enemy when it comes to diet
Human nature being what it is, our first inclination is to avoid change unless we feel compelled to change for very important reasons, or we are so miserable that change is the only option. Regardless of the reason, we typically try to go about …
Read more on The Courier-Journal

Diet Coke Just for the Taste of It TV Commercial

Diet Coke Just for the Taste of It TV Commercial

Like many great icons, Diet Coke’s look has evolved over the years. But one thing doesn’t change: how much people love the delicious, crisp taste of Diet Cok…

Paleo diets cut kilos but harm hearts
"I've got a patient who had a cholesterol level of 5 that's now gone up to 8.9 and that was within a four-month period of religiously adhering to a paleo diet, and that was a very educated person who was into fitness and had a family history of heart …
Read more on The West Australian

Ellen Interrupts Sofia’s Diet Pepsi Commercial

Ellen Interrupts Sofia's Diet Pepsi Commercial

Nothing can stop Sofia Vergara from telling the world how much she loves Diet Pepsi… not even Ellen with an air horn and Silly String. Watch the hilarious …
Video Rating: 4 / 5

Less Legroom, No Rafts: Qantas Airways Tries Extreme Diet
Qantas Airways Ltd. (QAN) is taking further measures to cut its planes' weight and pack in more paying travelers as Chief Executive Officer Alan Joyce works to return the carrier to profit. The airline's leaving behind life rafts for overland flights …
Read more on Bloomberg

Taylor Swift New Song in Cat-Filled Diet Coke Commercial!

Taylor Swift New Song in Cat-Filled Diet Coke Commercial!

Celebs Who’ve Dissed Taylor Swift ▻▻ http://youtu.be/jQKa22tRiV8 For all your music needs ▻▻ http://bit.ly/ClevverMusic What do you get when you mix Taylor Swift, soda pop, and a…
Video Rating: 4 / 5

Nadia is one of the first people I spoke about this lifestyle to. She has a lot of great information and inspiration to share :) Nadia has lost over 40lbs in…
Video Rating: 4 / 5