Los Angeles

Although many California markets continue to suffer from decreased occupancy and rental rates, investors have a strong long-term outlook.

The capital markets are willing to lend on office transactions that meet the right formula.

Investors have continued to buy up major industrial portfolios and assets in early 2021.

The 1031 exchange marketplace operator had $408 million in deal volume last year, up 77% from 2019 when deal volume totaled $230 million.

The firm completed $600 million in construction loans nationwide, a total of 26 deals, and more than half of the volume occurred in the fourth quarter.

While a new Presidential administration and ongoing pandemic are giving investor's pause, varied state and local government responses to the pandemic are the biggest uncertainty for investors this year.

The expansion kicks off with the acquisition of a 114,000-square-foot last-mile logistics property in Seattle for $27.7 million.

The firm had an active year with strong investment volume, totaling 2 million square feet of industrial properties.