Case Study #1: The Perfect 1031 Exchange

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933 Clement Street, San Francisco CA
410 Highland Square, Crossville TN


The Challenge: The value of this commercial building (933 Clement St) in the Richmond District of San Francisco was substantially depressed due to mismanagement and condition of property. Rent was 60% below market, and the return for a new investor would be quite low. This property has been owned by the same family for 33 years and close to its useful life in depreciation for a commercial building (per IRS, depreciation for a commercial building is 39 years). The seller wanted to improve cash flow and reduce management responsibilities. 

To find out what actions Brian took for the client (seller), and what the results achieved was, please click the link below (downloadable PDF). 

Case Study #2: Trade Out...Trade Up

172 Palm Avenue, San Francisco CA

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The Challenge: The value of this multifamily building in the Jordan Park/ Laurel Heights District of San Francisco was substantially depressed due to mismanagement and condition of property. The building was 50% vacant and the return for a new investor would be quite low. Subject property has been owned by the same family for many years and was close to the end of its useful life in depreciation for a multifamily building (per IRS, depreciation for multifamily buildings is 27.5 years). The client (seller) hoped to improve cash flow and reduce management responsibilities. 

To find out what actions Brian took for the client (seller), and what the results achieved was, please click the link below (downloadable PDF). 

Please contact brian.leung@colliers.com
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