Dual Agency Disclosure Now Required in Commercial Transactions

California law has long required residential real estate brokers, representing both the buyer and seller in a single transaction, to obtain each client’s written consent for that “dual agency” relationship.  The purpose of this requirement is to inform buyers and sellers about the potential conflicts of interest that may arise as a result of the dual agency relationship, and to compel agents to memorialize in writing the each client’s informed decision to proceed with ... Read more

Court Invalidation of Electronic Signature Causes Concern About Real Estate Contracts

In December 2014, the California Court of Appeal held an employment arbitration agreement was unenforceable because the employer did not properly authenticate the employee's electronic signature -- raising some concerns about the enforceability of real estate contracts with electronic signatures.  The most widely used real estate forms in California can be signed digitally using Digital Ink® or DocuSign®.  However, each of these systems has an audit trail which can be used for authentication purposes. ... Read more

Accomplish Your Goals in 2015 While Helping Underprivileged Children

LIMITLESS concisely describes essential steps for living a purposeful life of accomplishment and fulfillment.  The author, Larry Murnane, explains the simple, practical and proven techniques and strategies used by all high-achieving men and women, in every field, to accomplish their goals and dreams as rapidly as possible.  50% of the proceeds from this book will go to charities benefiting underprivileged children, including the Hogar Infantil children's home sponsored by Regal Properties.  The book is ... Read more

EB-5 Investment Opportunities

Congress established the EB-5 program in 1990 to stimulate the American economy by attracting investments from qualified foreign investors. Under the program, each investor is required to demonstrate at least 10 new jobs are created or saved as a result of the EB-5 investment -- which must be a minimum of $1 million (or $500,000 if the funds are invested in certain high-unemployment or rural areas).  In 1992, Congress enhanced the economic impact of ... Read more

Protection Against ADA Lawsuits

Obtaining a Certified Access Specialist Certificate (“CASp”) can help commercial real estate owners and tenants avoid the headache and expense relating to lawsuits alleging violations of the Americans With Disabilities Act (“ADA”).  Recently enacted California Civil Code Section 1938 provides: “A commercial property owner or lessor shall state on every lease form or rental agreement executed on or after July 1, 2013, whether the property being leased or rented has undergone inspection by a ... Read more

2015’s Most Desirable Investment Property Types

2015 will be the office and industrial sector’s turn to shine as a fully recovered labor market finally starts to translate into meaningful tenant demand in these property types.  Expect the OFFICE sector to lead the pack in 2015 because demand, occupancy and rent growth are poised to accelerate with the continually improving job market. The INDUSTRIAL sector performance continues to strengthen as increased tenant demand and investment activity returns to historical norms. Industrial is benefitting ... Read more

5 STEPS TO BE, HAVE, DO AND ACCOMPLISH ANYTHING

Your aim is to do something GREAT and wonderful with your life, and to accomplish extraordinary things.  However, you cannot simply go out and have a great life; you must go out and make a great life!  The word “GREAT” has 5 letters, which stand for the 5 keys to success in your life, and in anything you decide to be, have, do and accomplish:  1.    GOALS:  You must know exactly what you desire to be, ... Read more

Business and Real Estate Innovation — U-Fix-It Automotive

Regal Properties’ principals have teamed up to establish and open one of San Diego County’s most innovative new businesses – which, coincidentally, includes an interesting real estate investment opportunity. U-Fix-It Automotive has instantly become the premier provider of automobile repair facilities, tools, parts, and services for Do-It-Yourself car owners, enthusiasts and mechanics. Located at 2420 Industry Street in Oceanside, California, the shop offers everything for the shade-tree mechanic, including service bays, car lifts, air compressors, ... Read more

Regal Properties Ventures 88 More Lots for Projected 71% IRR

On the heels of closing a JV for 93 lots in Bakersfield, Regal Properties, and its affiliate, Capital Real Estate Solutions LLC (“CRES”), co-invested with a capital partner to acquire 88 more paper lots for detached, single family homes in Bakersfield, California. CRES entered into a joint venture with the same “Builder of the Year,” who again agreed to match its capital investment to develop the homes. After this initial funding from CRES and the ... Read more

Regal Properties Continues to Invest in People and Property

Regal Properties continues to invest in people and property by recently contributing to and supporting NoSilenceNoViolence, a non-profit organization providing education, training, and resources relating to domestic violence. Read more
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