Connelly v. United States: What California Business Owners Need to Know About Share Redemption Agreements and Estate Tax Valuation

Connelly v. United States: What California Business Owners Need to Know About Share Redemption Agreements and Estate Tax Valuation

If you’re a California business owner with a buy-sell agreement in place, or if you’re managing the estate of someone who owned shares in a closely held corporation, a recent Supreme Court... Read more »
A Portrait of the Modern American Landlord: More Than Half of Rental Property Owners Are Small-Time Investors—and New to the Market

A Portrait of the Modern American Landlord: More Than Half of Rental Property Owners Are Small-Time Investors—and New to the Market

Just months before their wedding, Hilary Reiter Azzaretti and her then-fiance moved in together and inadvertently stumbled into a lucrative line of work as landlords in Utah’s most prestigious ski town. “We... Read more »
Is Your Estate Disaster-Ready? A Critical Guide for Business Owners and Professionals

Is Your Estate Disaster-Ready? A Critical Guide for Business Owners and Professionals

For business owners and professionals who have built substantial wealth through property ownership, investments, and business operations, estate planning goes beyond simply having documents in place. As recent disasters—from Hurricane Katrina’s 20-year... Read more »
Owners of Newly Built Homes May Struggle To Break Even on a Quick Resale 

Owners of Newly Built Homes May Struggle To Break Even on a Quick Resale 

Recent buyers of newly built homes who try to quickly resell their properties may struggle to break even on what they paid, raising a warning for buyers who aren’t planning to remain... Read more »
Former Sonder Property Owners Scrambling for Income

Former Sonder Property Owners Scrambling for Income

Sonder’s sudden implosion last month has left a trail of vacant buildings and frustrated landlords across Los Angeles.  Owners who bought properties to be occupied by the defunct short-term rental company are... Read more »
New Owners of Mt. Waterman Resort Plan Year-Round Access

New Owners of Mt. Waterman Resort Plan Year-Round Access

Angeles Mountain Partners LLC (AMP) acquired Mt. Waterman Ski Lifts LLC, assuming full management and operations of Southern California’s nearest mountain resort, Mt. Waterman. Located 60 minutes from Downtown Los Angeles in... Read more »
Erewhon Owners Sell Malibu Mansion for .5 Million

Erewhon Owners Sell Malibu Mansion for $15.5 Million

Josephine and Anthony Antoci, the owners of upscale supermarket chain Erewhon, sold a Malibu mansion for $15.5 million, The Real Deal has learned. The property, a “beachfront retreat” at 31228 Broad Beach... Read more »
Studio owners revise plans for -billion update of Television City

Studio owners revise plans for $1-billion update of Television City

The owners of Television City have scaled back their plans to enlarge and modernize the landmark Los Angeles studio where CBS began making shows to broadcast nationwide at the dawn of the... Read more »
San Diego MF Owners Divest After 50 Years

San Diego MF Owners Divest After 50 Years

Marcus & Millichap closed the sale of Casa Florencia, a 12-unit apartment property located at 1433 Thomas Ave. in San Diego. The asset was sold for $5,300,000. “After owning and managing the apartments for over 50 years, the... Read more »
OC Homes of AB Capital Owners Raided by FBI

OC Homes of AB Capital Owners Raided by FBI

FBI agents swooped into the homes of two AB Capital executives in Newport Beach and Laguna Beach to find evidence of an alleged Ponzi scheme that cost investors tens of millions of... Read more »