Levine Communications Office

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  • May 2011
    M T W T F S S

Larry Kosmont In BusinessNews Daily

Posted by Levine Communications Office on May 26, 2011

LCO client Larry Kosmont is on BusinessNews Daily telling you: Ready for Real Estate? Now Could Be the Time for Your Biz to Buy.

“At the appropriate time in a company’s evolution, real estate can be a key component of a comprehensive business investment strategy,” said Larry J. Kosmont,  president and CEO of Kosmont Companies.

For many business owners, this is a good time to think about acquiring commercial real estate, “with many properties in cities throughout the country having experienced 30 to 40 percent drops in valuation since the valuation peaks in 2005/2006,” said Kosmont, whose 25-year-old firm is based in Los Angeles.

Real estate is one of the largest operating-cost categories for most small businesses,  typically behind only salaries and benefits, Kosmont noted. He offered the following advice when considering a real estate acquisition.

To read the full article, click here.

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