Ownership: A Family Living Trust whose patriarch passed away left a substantial stocks and bonds portfolio managed by a financial planner and $5,500,000 held in a Internal Revenue Code Section 1033 exchange.
Issue: The Trust wanted to have some real estate in their portfolio that would increase their spendable income. However, the beneficiaries had varied influence, interests, knowledge, geographical perspectives and understanding of real estate investing.
Recommendations: After providing a complete review of the various types of real estate investments including office, medical, industrial, retail, and apartments, the family decided to search in four states. No agreement was reached on the product type.
Result: After nearly a year they again contacted us to provide brokerage services as their search had stalled. They decided to pursue retail triple net investments and would search throughout southern California and Nevada.
Conclusion: The Trust was successful in acquiring two California properties; a CVS Drug store and a Jack-in-the-Box.
Services Provided: Haskell Properties provided consulting and brokerage services.
Issue: The Trust wanted to have some real estate in their portfolio that would increase their spendable income. However, the beneficiaries had varied influence, interests, knowledge, geographical perspectives and understanding of real estate investing.
Recommendations: After providing a complete review of the various types of real estate investments including office, medical, industrial, retail, and apartments, the family decided to search in four states. No agreement was reached on the product type.
Result: After nearly a year they again contacted us to provide brokerage services as their search had stalled. They decided to pursue retail triple net investments and would search throughout southern California and Nevada.
Conclusion: The Trust was successful in acquiring two California properties; a CVS Drug store and a Jack-in-the-Box.
Services Provided: Haskell Properties provided consulting and brokerage services.