Many investors form a partnership to acquire commercial real estate. Most of these joint venture purchases mistakenly have not been legally established as partnerships prior to the close of escrow. Two or more partners may sign personally for financing at the time of the purchase and after escrow form a legal partnership. This scenario referenced … Read More

As part of my transactional real estate practice, I have become very familiar with creative office space located on the Westside and downtown Los Angeles. The first thing I notice is how different it looks from traditional office space. The creative office area lacks private offices, is dominated by open space, high ceilings, and air … Read More

These five words can cost you plenty if you are not careful in your lease negotiations. These words are normally contained in the Lessee’s Responsibility paragraph and may be further embellished in the Surrender provision. This simple phrase may create for both parties of a lease serious disputes. The reason for potential disputes is simple. … Read More