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First Team High Desert Agent Rob St. Onge Closes Historic Commercial Transaction at $14.7 Million!

First Team Real Estate

Onge Closes Historic Commercial Transaction at $14.7 Onge of First Team’s Hesperia office recently closed a record-breaking sale of a commercial property in Rancho Cucamonga, Ca. First Team High Desert’s commercial division has grown in both sales volume and agents since starting just 2 and a half years ago.

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Recession-Proof Ground Leases Are an Overlooked $2.5 Trillion Asset Class

Propmodo

The headline-making transactions in commercial real estate usually involve big high-rise buildings, major portfolio trades with gargantuan price tags, or company mergers with even more zeros attached to the transaction. The addressable market for ground leases in the United States totals $2.5

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4 Things You Need to Know About Leasing Your Land

Realty Biz

Luckily, there is an alternative: if you have unused land, you could lease that out. What would people use your land for? When it comes to leasing our residential or commercial property, you know that the tenants will be using the property either to live in or to work in. To learn more about this, keep reading.

Land 87
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Manufactured housing group encouraged by FHA attention — but concerned about its portrayal

Housing Wire

With Todman’s emphasis on mission-driven entities and nonprofit access to the program, Gooch said its portrayal was needlessly negative toward private owners of land-lease communities, where many MHI-backed manufactured homes are ultimately placed. This is a commercial loan program. That’s why I find it interesting.

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What is a Land Lease Fee? What to Know Before Buying

Redfin

One of them is land lease fee. However, it serves buyers well to know if a land lease fee applies to a prospective property, and what that might mean in the long run. In this Redfin article, we’ll explain what a land lease fee is and what to consider if you’re looking at a home with a land lease.