My investor clients were looking for a 1031 exchange purchase for a sale of a southern California multi-family property. We were able to make the exchange and secure a 6% CAP rate on the purchase. The sale in Los Angeles was sold at a 3% CAP rate, and so they immediately doubled the revenue without paying a higher price than what they sold for.
Marc has been responsible for more than $900M in transactional and joint venture revenue since he began his real estate career in New York City in 1998. Work-Play-Live-Invest! Contact him today.
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1377 El Camino Real
Menlo Park, CA 94025
