WHEN CRE DEALS USE SELLER FINANCING

Globe St.

When traditional bank financing is unavailable, CRE buyers can try such options as CMBS, life insurance companies, private equity, and government-sponsored enterprises. However, seller financing has been another route, though not so readily used, as it can present complications in

negotiation.

SAN DIEGO INFLATION RATE DROPS AGAIN. IT PROBABLY DOESN'T FEEL LIKE IT

San Diego Union Tribune

San Diego’s inflation rate has fallen to one of its lowest levels in three years. Inflation was 3.2 percent in San Diego County in May, down from 3.6 percent in March, said data released this week by the U.S. Bureau of Labor Statistics’ Consumer Price Index. It was the region’s lowest inflation rate since January 2021.

DEMAND FOR RESTAURANT SPACE IN CALIFORNIA OFF TO SLOWEST START SINCE 2020

Costar

After three consecutive years of record spending at bars and restaurants, fast food and casual dining and beverage establishments are facing tough decisions as operating costs rise and sales

growth moderates.

DWINDLING OFFICE SUPPLY PIPELINE HAS A DIFFERENT LOOK

Costar

Only about 3.5 million square feet of new office construction is underway from April through June to date, making it increasingly likely that office construction starts nationally will set another record low for the third consecutive quarter. The slowdown has already begun to affect net deliveries, though the completion of buildings that are already underway will lead to a temporary surge over the next 12 months.

ECONOMIC COMMENTARY: CONSUMER SPENDING DRIVES RETAIL PRICE CUTS

Connect CRE

While many eyes have been on the (perhaps unsurprising) news that the Federal Open Market Committee opted to keep its current interest rate as is, other economic indicators have been pointing to a “slow start to the beginning of the second quarter.”

FEATURED PROPERTIES

At Lee & Associates, our reach is international but our expertise is local market implementation. With offices across the nation and Vancouver, Canada, Lee & Associates is one of the largest and fastest growing commercial real estate organizations in North America. 

Founded in 1979, our experience and expertise offers extensive local market knowledge, seasoned agents, industry leading technology, and a commitment to achieving our clients long-term real estate goals and successes. Lee & Associates understands real estate and accountability, and provides an integrated approach to leasing, operational efficiencies, capital markets, property management, valuation, disposition, development, research, and consulting.

Commercial Real Estate Questions? 

Please Contact:

Steve Malley

smalley@lee-associates.com

858.453.9990

www.lee-associates.com/sandiego