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Randy Cude Joins Spectrum CRE as Executive VP

Randy Cude, Spectrum Commercial Real EstateSpectrum Commercial Real Estate, Inc., is pleased to announce its newest member Randy Cude, who will serve as executive vice president and be based in Spectrum CRE’s headquarter office in Valencia.

As a leading expert in the Santa Clarita and Antelope Valleys Cude brings more than 34 years of commercial real estate experience with a focus in leasing, acquisitions, and dispositions of commercial real estate and institutional portfolio management.

During his extensive career, Cude represented a broad range of organizations and was involved with thousands of assignments.

Prior to Spectrum CRE, Cude was a senior vice president at NAI Capital, where he was a top producing broker year after year during a 13-year tenure.

Cude as a local expert has been recognized and awarded by Santa Clarita Valley Economic Development Corporation and Santa Clarita Valley Business Journal with multiple awards for his outstanding performance in the industry.

“Randy is truly an outstanding individual and a commercial real estate professional with an excellent track record of integriy and success” said Yair Haimoff, executive managing director at Spectrum CRE.

“His personal approch to the business is truly unique. We feel that Randy has the passion, vision and wisdom that will complement and elevate our team and add value to our clients,” Haimoff said.

About Spectrum Commercial Real Estate, Inc.

Spectrum Commercial Real Estate Inc., founded in 2018 and headquartered in Valencia, California, is a full service commercial real estate firm that offers clients personalized service, local knowledge and pioneering approach to brokerage services. The firm’s full spectrum of service includes tenant and landlord rep, leasing, sales (owner-user and investments), 1031 exchange buyer representation, national single-tenant investment sales and acquisitions, net lease investments, build-to-suit development, debt/equity, and providing clients with exceptional brokerage services. For more information, visit www.Spectrumcre.com

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UCLA Health Expands at Encino Location

The Regents of University of California – Los Angeles have signed a lease to assume approximately 27,215 square feet of medical office space for UCLA Health, according to Yair Haimoff, founder of the recently formed brokerage Spectrum Commercial Real Estate Inc. in Santa Clarita.

Haimoff signed UCLA Health to a new decade-long commitment. Planning and construction of tenant improvements at the space are currently underway.

Centrally situated in Encino and also serving Tarzana and Sherman Oaks, UCLA Health’s Encino Arches will be comprised of primary and specialty medical offices.

In 2016, Haimoff assisted UCLA by securing approximately 17,000 square feet at Encino Arches at 15503 Ventura Blvd. When the need for an additional 20,000 to 30,000 square feet of medical space arose, Haimoff helped the health system secure more space at the same location.

Haimoff previously worked as a broker with NAI Capital and managed its Valencia office. He negotiated UCLA lease at the end of 2017 as he transitioned from NAI to starting his own firm.

“It was inked after I left NAI and was with Spectrum,” Haimoff told the Business Journal.

Based in Valencia, Haimoff’s Spectrum Commercial Real Estate is a full-service commercial real estate firm with additional offices in Encino and Century City. Haimoff started Spectrum in January.

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Spectrum team involved in several significant transactions in SCV

After more than 15 years with NAI Capital, Yair Haimoff and his team have struck out on their own and have already made a big impact in the Santa Clarita Valley real estate market.

Haimoff, a commercial real estate adviser with nearly two decades of brokerage, leasing, sales and investments experience, announced the launch of his new firm, Spectrum Commercial Real Estate Inc., earlier this year.

Since January, Spectrum has been involved in several significant transactions, including the sale of the former home of Einstein Academy charter school, a $6 million property on Kelly Johnson Parkway, in addition to helping Santa Clarita Valley businesses find spots in industrial spaces such as the Centre Pointe Parkway business park in the center of town.

There, Haimoff recently located a new client where the home of the Warrior Fitness facilities were located.

“My goal is launching Spectrum CRE is to provide a fresh and innovative approach to brokerage, using technology to streamline processes so our brokers can focus on providing superior client service without getting distracted by administrative tasks,” Haimoff said, nothing that, with his new company, he looks forward to innovating.

Yair-Haimoff-Commercial-Real-Estate-team

“With tools to help efficiently, including creating a sustainable working environment, our team has greater flexibility to connect with our clients on a more personal level, to deliver the greatest value and results.”

Haimoff is serving as the firm’s executive managing director and joined by brokers Isaac Haimoff, Matt Sreden, Andrew Ghassemi, Barry Jakov, Alan DiFatta, Shawn Jacobson and Nathan Shaolin, with additional brokers joining the firm soon.

Starting his own firm has been given Haimoff a number of opportunities he’s using to try to better serve Spectrum’s clients, he said, such as state-of-the-art drone footage, a little more control over client services and offices in three locations: Encino, West L.A. and the company’s Valencia headquarters on Constellation Road.

The firm’s services include tenant and landlord representation, leasing, sales (owner-user and investments), 1031 exchange buyer representation, national single-tenant investment sales and acquisitions, net lease investments, build-to-suit developments and debt/equity.

Spectrum CRE currently represents property listing throughout Los Angeles and Ventura counties.

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McRory Pediatric Services Buys Einstein Building, Plans Expansion

McRory Pediatric Services Buys Einstein Building, Plans Expansion

Escrow closed Friday on the sale of the former Albert Einstein Academy building located at 28141 Kelly Johnson Parkway in Valencia, according to Yair Haimoff, executive managing director for Spectrum Commercial Real Estate.

McRory Pediatric Services purchased the building for an undisclosed amount, Haimoff said in an email. The new owner plans to expand on the new property, he said.

McRory Pediatric Services is currently located across the street T 28212 Kelly Johnson Parkway and has two of its units there on the market, Haimoff said.

Founded in 1998, McRory Pediatrics Services provides SCV families a full range of pediatric health care.

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Bold Commercial Real Estate Investment

Bold Commercial Real Estate Investment

With tax laws tailored to favor the bold, investments in commercial real estate is how the ultra-wealthy make money.

We now know that about 80% of millionaires contribute their financial success to real estate and that savvy investors place their claims in the commercial sector.

Yet, the market’s accessibility does not end at the wealthy elite.  With a dynamic range of financing options commercial real estate is obtainable to anyone with the drive for success.

Commercial real estate, an attractive option for all involved.

CRE buildings attract long-term tenants, which translates into a secure and consistent cash flow. Businesses benefit from steady long-term leases, since it establishes them in the community, and offers stability for their employees.
Long-term leases have the added benefit of being more favorable to banks, should you decided to sell or refinance your CRE property.

Scale economy, more units; less money (overall).

By owning a multi-unit building, you can negotiate more favorable contracts with outside vendors and maintenance teams.

This benefit is directly proportionate to the number of units available in a building, which drives down prices and causes companies to directly compete for your business; you can even decrease expenses by re-negotiating operating cost.

The flexible nature of CRE investments allows for clever amortization of big expenses, which means lowered long-term cost and better quarterly returns.

Did you know?

The IRS has given CRE owners many tools to help drive down taxes on their properties. One such tool is depreciation.
CRE buildings will start to depreciate at 27.5 years, and you can remove a portion of the building’s depreciation value from your yearly profits, lowering the amount of taxable income.
This is effect can be furthered by a cost segregation study, which allows you to accelerate depreciation value on tangible assets such as appliances, carpets, and light fixtures, to name a few.
 
In short, commercial real-estate is the sure-fire way to increase your ROI. Let us examine how we can put cash back in your wallet.