You’ve owned the building for fifteen years. It’s worth far more than you paid. The loan balance is low, the equity is substantial, and you’re tired of the 11pm plumbing calls.
Most owners think about their sale price. Far fewer think carefully about their net proceeds, and the gap between those two numbers is bigger than almost anyone expects.
Selling an apartment building in Los Angeles is not a typical real estate transaction. It is a high-value commercial asset sale involving investors, underwriting, rent regulations, and complex negotiations.
Selling an apartment building in Los Angeles is not a typical real estate transaction. It is a high-value commercial asset sale involving investors, underwriting, rent regulations, and complex negotiations.