Philly 1031 Exchange

Wolf Commercial Real Estate is a Philadelphia commercial real estate firm with the expertise and contacts to help you take full advantage of the tax benefits provided by a Philly 1031 exchange transaction. As part of our full-service representation of Philadelphia commercial real estate clients looking for the best in commercial real estate services, the team at our Philadelphia commercial real estate brokerage firm can help you through your Philly 1031 exchange.

In a Philly 1031 exchange transaction, the Internal Revenue Service allows you to postpone paying tax on the gain you realize from the sale of business or investment property, if you reinvest the proceeds in similar property as part of a qualifying like-kind exchange. At Wolf Commercial Real Estate, we have the knowledge to provide our current and prospective clients with detailed information about how to get the best deal possible when you are selling or leasing property as part of a Philly 1031 exchange.

While your financial gain is deferred as part of a Philly 1031 exchange in a like-kind exchange, it is not tax-free. As part of your Philly 1031 exchange transaction, you can include like-kind property exclusively in your deal, or it can include like-kind property along with cash, liabilities and property that are not like-kind. By providing advice such as this to our clients, Wolf Commercial Real Estate helps you maximize the earning potential of your Philadelphia property for sale or lease. This advice is designed to help clients achieve their real estate goals because our Philadelphia commercial real estate services encompass the highest quality of service and proven expertise.

As a leading Philadelphia commercial real estate broker, Wolf Commercial Real Estate helps Philadelphia property owners sell and/or lease their Philadelphia real estate by assisting them with a Philly 1031 exchange. In that transaction, if you receive cash, relief from debt, or property that is not like-kind in such a deal, you may trigger some taxable gain in the year of the exchange. Working with the customer-focused experts at Wolf Commercial Real Estate, we can help you deal with those situations where there are both deferred and recognized gain in the same transaction. In these cases, the taxpayer exchanges for like-kind property of lesser value, keeping the business deal legal under federal tax codes.

In addition to help with a Philly 1031 exchange, the proven marketing strategy we employ at Wolf Commercial Real Estate works effectively to efficiently match buyers and tenants with available Philadelphia properties. The Philadelphia commercial real estate professionals at our Philadelphia commercial real estate brokerage firm treat your Philadelphia office properties as if they were our own and work closely with you as part of our total commitment to client-targeted relationships.

For companies and local individuals seeking Philadelphia commercial properties or commercial properties anywhere in the country, the team at our Philadelphia commercial real estate brokerage firm helps you find the office space that best meets your needs. Our Philadelphia commercial real estate experts ensure the sale or lease terms are the best fit with your commercial real estate goals. At Wolf Commercial Real Estate, we help clients from the beginning of the relocation analysis process, facilitating a smooth transition into their Philadelphia office properties. For more information about a Philly 1031 exchange or other commercial real estate transactions, please contact Jason Wolf (jason.wolf@wolfcre.com) or John Mozzillo (john.mozzillo@wolfcre.com) by calling Wolf Commercial Real Estate, a Philadelphia commercial real estate broker, at 215-799-6900.

About Us

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of Philadelphia commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other Philadelphia commercial properties for buyers, tenants, investors and sellers, along with helping you take advantage of Philly 1031 exchange transactions. Please visit our websites for a full listing of Philadelphia commercial properties for lease or sale through our Philadelphia commercial real estate brokerage firm.

Increased Lending Competition Compresses CRE Loan Prices

Demand for commercial real estate loans, despite record levels of liquidity, has softened in recent months, leaving eager lenders chasing fewer borrowers. As a result, competition among lenders has ratcheted up noticeably with loan prices compressing.

Deal pricing and structures in the U.S. commercial real estate market – including Philly 1031 exchange transaction properties – has gotten so competitive that many of the nation’s banks, including its 25 largest cumulatively, are starting to back off from commercial real estate lending.

This report on U.S. and Philadelphia commercial properties is being made through Philadelphia commercial real estate broker Wolf Commercial Real Estate, a Philadelphia commercial real estate brokerage firm.

Federal Reserve data earlier this year first revealed the trends among banks, which held up through the entire quarter. Now in the past week, bank executives in the national and Philadelphia commercial real estate market have started providing color and analysis to the data in their first quarter earnings conference calls.

First the numbers. The total amount of commercial real estate loans on bank books related to national and Philadelphia commercial real estate properties increased $26.4 billion to $2.1 trillion through the first quarter from year-end, according to Federal Reserve data.

However, real estate loan exposure concerning U.S. and Philadelphia commercial real estate listings pulled back at the nation’s 25 largest banks, dropping off about 1 percent on an annualized basis. Those 25 banks account for 33 percent of commercial real estate bank loans outstanding.

Meanwhile, the rest of the nation’s domestic banks doing business in the U.S. commercial real estate market – including Philly 1031 exchange transaction properties – continued to grow their loan portfolios by 7 percent on annualized basis.

The appreciation that has occurred in property values has contributed to a lower level of inventory available in the market. Deal volume is also down as investors are taking a more cautious stance in the current environment.

Some banks report a majority of their first quarter commercial real estate loan production consisted of refinancing; with interest rates beginning to climb, some bankers expect refinancing volume could slow down.

For more information Philadelphia commercial properties, please call 215-799-6900 to speak with Jason Wolf (jason.wolf@wolfcre.com) at Wolf Commercial Real Estate, a leading Philadelphia commercial real estate broker that specializes in Philly 1031 exchange transaction properties.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier Philadelphia commercial real estate brokerage firm that provides a full range of Philadelphia commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other Philadelphia commercial properties for buyers, tenants, investors and sellers.

Wolf Commercial Real Estate, a Philadelphia commercial real estate broker with expertise in Philadelphia commercial real estate listings, provides unparalleled expertise in matching companies and individuals seeking new Philly 1031 exchange transaction properties with the Philadelphia commercial properties that best meets their needs.

As experts in Philadelphia commercial real estate listings and services, the team at our Philadelphia commercial real estate brokerage firm provides ongoing detailed information about Philadelphia commercial properties to our clients and prospects to help them achieve their real estate goals.  If you are looking for Philly 1031 exchange transaction properties for sale or lease, Wolf Commercial Real Estate is the Philadelphia commercial real estate broker you need — a strategic partner who is fully invested in your long-term growth and success.

Please visit our websites for a full listing of South Jersey and Philadelphia commercial properties for lease or sale through our Philadelphia commercial real estate brokerage firm.