Practical writing on Downtown Los Angeles commercial property and Napa Valley land, from a firm that has transacted in both through several cycles.
Practical writing on Downtown Los Angeles commercial property and Napa Valley land — from a firm that has transacted in both through several cycles.

Downtown Los Angeles is not one market. It is a collection of districts with different tenants, different rents and different rules of thumb. Here is how to tell them apart.
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A 1031 exchange gives you 45 days to identify replacement property and 180 to close. Most of the pressure is avoidable if you start before you sell.
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Napa is a scarcity market by design. Understanding why the supply is constrained explains most of what happens to prices there.
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