Cash strapped Connecticut is mulling over a proposal by a Chicago firm to buy various office buildings, health care and transit areas. The $2 billion purchase will add to the state’s coffers but will come with some steep guarantees, such as a 7.25% return and rent hikes of 1.5% per year. While the firm doesn’t spell out exactly what properties they want as part of the deal, it definitely is up to the government to see how they make out the best with this sell back scheme.
A commercial building/property inspector will be able to help you discover underlying risks that may be hidden in potential properties in which you may invest. Call Allison Property Inspections with your questions about our detailed process for inspecting commercial, industrial, retail or multi-family buildings in Los Angeles, Riverside or Orange Counties.