News: Brokerage

Outside the Region: Aquino of JAACRES and Palermo of Coldwell Banker sell Beverly Hills retail property for $5.5 million

Beverly Hills, CA According to The Secret Brokers Society, Joseph Aquino, president of JAACRES, has partnered with Anthony Palermo from Coldwell Banker to sell a retail property at 839 N. La Cienega within the Los Angeles Design District. The property sold for $5.5 million. 

Aquino and Palermo have been known to do multiple deals along Rodeo Dr., Sunset Plaza and Brighton Way. Some of their customers are MonnaLisa, LOL Kids, Sergio Rossi, Prada, Rimowa and Buccellati. Palermo has been a member since the inception of The Secret Brokers Society in 2011.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,