property management
Supportive Housing Master Leases in LA: Why the 30% Cash‑on‑Cash Premium Matters
Imagine you own a modest four-unit building in Echo Park. The rent rolls are steady, but you’re constantly chasing vacancies and juggling maintenance emergencies. One afternoon a broker mentions a master-lease deal that turns the property into a supportive-housing asset backed by federal subsidies. Suddenly, your cash-on-cash return jumps