Crescent Realty

Rob Shiels Joins Crescent Realty!

Yana — Wed, 23 Jun 2010 18:32:58 +0000

Rob Shiels joins the commercial division at Crescent Realty. His experience in syndication and income properties is of great value to the company.

Crescent Realty Now In Dream Homes Magazine!

Yana — Wed, 23 Jun 2010 18:29:20 +0000

http://www.dreamhomesmagazine.com/Home.cfm?id=160783#

Unexpected Spike in New Home Sales!

Yana — Sat, 24 Apr 2010 04:59:36 +0000

March has shown to be a very good month for Residential Real Estate. Based on the government data provided by the Census Bureau, new home sales spiked 26.9% in March from the previous month. This number has exceeded and beat all analyst expectations. March 2010 was the biggest month over month gain in new home sales in the past 47 years as reported by CNN-Money.com.
The question remains whether or not this kind of growth is sustainable in today’s ever so tight lending market, weak job market and the current economic conditions in the US.
In November of 2009 the US government has extended the tax credit of $8000, allowing certain repeat home buyers to quality for $6500 credit. This tax credit is due to expire on April 30, 2010, and can potentially effect this positive trend in home sales.
With so many factors that determine the stability and movement in the real estate market, this 26.9% increase does not paint the entire story. Sellers and buyers should always consider the state they live in, down to the city, the community and in some cases even the street. As they say “LOCATION, LOCATION, LOCATION”. The price bracket which the home falls under as well as the type of buyers and sellers it will attract, all these factors play a role. If you are looking to sell or purchase a home look at the data specific to your area, this will be a more accurate indicator of the real estate trends that will effect your transaction. Real Estate is not black or white, but is oh so colorful and ever changing.

Crescent Realty, Now Expanding Its Residential Division

Yana — Thu, 15 Apr 2010 02:28:42 +0000

For almost a decade Crescent Realty’s main focus has been multi-family apartment buildings. From the beginning of the company’s conception to present day, Alex Galuz has been at the forefront of commercial real estate. As the founder of Crescent Realty, he has been focused on creating wealth for his clients through the purchase and sales of income producing properties.

With the addition of new and experienced residential agents to the Crescent Realty team, the company is now expanding its Residential Division. Our team is committed to make the buying and selling of real estate as cost effective as possible while maintaining the highest level of service. We provide our clients with accurate and up-to-date information, skilled analysis and sound real estate advice.

If you are seeking to buy or sell a home please contact one of our leading Residential Agents. Our agents service the following areas; Los Angeles, Beverly Hills, Beverly Hills Post Office, Studio City, Sherman Oaks, Encino, Tarzana, Calabasas, Hidden Hills, Woodland Hills, Bel Air, West Los Angeles, Hollywood, West Hollywood and the surrounding areas.

We looking forward to working with YOU.

Angel White Joins Crescent Realty

Yana Galuz — Thu, 15 Apr 2010 02:04:38 +0000

Angel White is a top producing agent in Beverly Hills, CA. She has recently joined the Crescent Realty team. Her vast experience in the residential real estate market is of great value to Crescent Realty. She is well versed in the Short Sales residential market and is able to assist clients in successfully completing their short sale transaction.

Crescent Realty Real Estate

Yana — Wed, 31 Mar 2010 16:47:54 +0000

Thank you for considering Crescent Realty as your destination.

Whether you are new to the business and desire the one on one training and interaction you would rarely see at the larger firms, or an experienced individual looking to explore career opportunities, we welcome the opportunity to speak with you further.

We are continually seeking qualified associates with commercial real estate knowledge and experience and who pride themselves in placing the “Client 1st.”

We are continually seeking individuals new to the business. We offer fantastic training opportunities with the president of the company who has 10 years experience in income property sales.

We offer extremely competitive commission splits and offer all the resources of the larger firms.

Our sales are focused to the Greater Los Angeles area and we are conveniently located on Santa Monica Blvd. in Century City between the 405 and Beverly Hills.

If you prefer the more intimate setting and camaraderie of a boutique firm this is the place for you.

The IRS Rules for Exchanges…

Yana — Wed, 31 Mar 2010 16:47:27 +0000

You will need to follow six primary rules for your exchange to meet stringent IRS regulations:

1- Real Property Use. Both your old and new properties must qualify as investment or business use. If both properties pass this test, you can exchange nearly any type of real estate.

2 – 45 Day Identification Period. You have 45 days from the closing of your sale to list the properties you may want to buy. There are no exceptions to the deadline.

3 – 180 Day Exchange Period. From the sale closing date, you have 180 days to close on the purchase of one or more properties from the 45-day list. Again, there are no exceptions to this deadline.

4 – Qualified Intermediary (QI). The IRS mandates that you use a QI to prepare the legal documents for your exchange. Because the QI must be independent, it cannot be your friend, employee, broker, or even your accountant or attorney. The QI also holds your money, so that you do not have access to it.

5 – Proper title holding. You must purchase and take title to your new property exactly as you held title to your old property.

6 – Reinvestment Requirement. To defer all of your capital gain tax, you must buy a property equal or higher in value than the one you sold. Also, you must reinvest all of the cash proceeds from your sale.

Why Choose Crescent Realty?

Yana — Thu, 11 Mar 2010 01:10:29 +0000

Crescent Realty is a full service brokerage firm that specializes in income producing properties. The primary goal of Crescent Realty is to create wealth for our clients by maximizing the income levels of their existing properties and conversely providing clients with properties that suit individual needs.

Crescent Realty works with a number of qualified management companies that serve the greater Los Angeles areas. Its employees understand many aspects of property management and are in tune with the fluctuating and ever increasing rental market, thus immediately being able to dissect the upside in any deal and provide our clientele with value add properties and enable existing owners to reach their properties full potential in both passive income and the resale market.

Whether you are a first time investor, experienced owner, developer, or speculator, Crescent Realty’s staff will guide you with the proper evaluation for individual needs.

Aside from multifamily units, our staff has experience in selling homes from Malibu to Beverly Hills and creating wealth by recognizing development opportunities where many have not.