Between Jan. 1, and Sept. 20, 2021, Orion Real Estate Group invested more than $345 million to acquire 97 properties representing more than 1 million square feet of net-lease space. These transactions included two portfolios of a combined 41 single-tenant Walgreens pharmacies in nine states, a 94,175-square-foot mixed-use retail and […]
Adaptive reuse refers to the transformation of an existing real estate structure for a new and better use, thereby allowing owners/investors to maximize the value of the underlying real estate and extend the life of its useful purpose. Examples include renovating a shopping center into warehouse space or converting office […]
Qualified intermediaries (QIs) are vital to the success of tax-deferred 1031 exchanges of real property. It is the QI’s responsibility to facilitate the exchange and ensure investors meet all the rules and timelines required for preferential tax treatment. This includes the requirement to identify like-kind replacement property within 45 days […]
NNN ground leases are long-term agreements between landowners/investors and tenants/leases who lease the land on which their buildings sit or on which they plan to erect a building. For landowners, these arrangements provide a reliable stream of rental income as well as the benefit of long-term property appreciation without the […]
Absent from the latest draft of tax legislation making its way through Congress is any mention of Section 1031 exchanges, which for decades have allowed passive investors to defer taxes on the sale of commercial property when proceeds are reinvested in a similar, like-kind property. Previously, the president had called […]
Drugstores, such as Walgreens and CVS, are among the few businesses that survived the pandemic largely unscathed and, in many cases, with stronger-than-expected sales. In fact, their proven track record through economic downturns is just one reason why they are sought-after tenants by net lease investors. Even before 2020, drugstores […]
Many commercial property owners have had to deal with tenants filing for bankruptcy protection during the COVID-19 pandemic. Despite the challenges of these circumstances, property owners must understand their specific rights and remedies for relief under the law and meet all of the timely court deadline requirements. Landlords should not […]
While investors often turn to commercial real estate for its appreciation potential, it is the annual depreciation of the property’s value that yields significant tax benefits. In fact, savvy investors recognize that depreciation deductions can be just as important as the income their properties generate. Depreciation provides one of the […]
Triple net lease (NNN) properties are always in-demand among both private individuals and institutional investors seeking steady income with few ownership costs and minimal property-management responsibilities. By most accounts, they are the true definition of “passive income investments,” regardless of whether the properties have one tenant or multiple tenants. While […]
A 1031 exchange allows investors to postpone the payment of taxes on gains resulting from the sale of a commercial property when they reinvest those sales proceeds into the acquisition of a similar, like-kind property. However, to yield this tax benefit, commercial property owners must abide by very specific restriction […]
Posted on November 30, 2021