Commercial Real Estate
Checkout the top reasons that makes Saya Piazza a perfect commercial investment, a commercial project developed by Saya Homes, a renowned developers of Ghaziabad, Noida, & Delhi NCR.
Coming from residential side.. not too experienced but really love the business aspect of commercial re
Currently in the residential field. Closed some deals but not loving the environment. For whatever reason I feel a commercial broker/agent is usually a bit more well versed here in LA at least. Plus I like the business aspect of the transactions more then the residential side of things.. anyways, has anyone made the jump here in LA from residential to commercial? What’s the best way to go about it? Do you enjoy it?
Hi everyone, I am refinancing a restaurant in Brooklyn, NY and hoping to rent it out soon. A few prospective tenants reached out to me but before I move forth with getting a lawyer and negotiating a lease, I want to make sure he is legit!
Should I hire a lawyer or can I request background check and prospective tenant's financial statements? Thanks!
I work for a Commercial Property Management company in the administrative department. One thing I immediately noticed after starting working here, is that they seem to do things in the least productive way possible.
I am talking multiple excel spreadsheets that are constantly showing inaccurate information. Not to mention - getting everyone to remember to update is such a pain. I have been trying to think of a solution that doesn't require a complete software overhaul and the best thing I could come up with was using Microsoft Access...
I was curious to see how other companies handled these types of admin-related PM tasks. Any advice would be appreciated!
Looking at purchasing existing zoned land for rehab and conversion. Need help with financing question
What are things I can do around creative financing? The area current is in downtown area and has a decommissioned car wash (230k with closing). We want to buy the area(concrete and existing structure) and the adjacent land that we are looking at buying. The car wash would be converted to gas station in a strip mall type thing with pizza, subway or some other form of restaurant and an adjacent lot will be primarily office/business mixed use. The area is eligible for developmental loans upto 250k for project at 3%. Can I buy the car wash with loan and the other lot with another loan and use personal capital for rehab. What are some creative ways to do this to maximize
Hello CRE Reddit, Help a brother out with choosing a course for learning CRE. I have some experience with Residential RE and want to invest in CRE this cycle. I recently started investing personal money into RE and i Just love it. Want to expand knowledge to raise money from outsiders to build a biz
I want to give myself till the end of the year to improve my skills. I may not have this kind of time on my hands again ( with job, planning for kids, Side projects , etc)
Here are the two courses i am looking at
I am a recovering residential junkie. Thanks for having me.
I have transitioned to commercial real estate specifically industrial this year and I am loving it.
I am familiar with most asset classes especially the "trending" ones that are said to be the best.
Here's why I think industrial is the one to rule them all:
Supply/Demand right now - There are places in the US that have a vacancy rate less than 1%! In my local market. the updated vacancy rate is 2.6% for H1 2022. Just like the rest of the asset classes, development has had its trouble with supply chain and labor shortages. It's been only until recent that some markets like Dallas the deliveries is higher than the absorption.
Rise of E-Commerce - Online sales approximate 15%-17% of all purchases. People say that it will increase to 25%-30% in the next decade. People want their stuff and will probably want it faster. With rising interest rates, consumer spending has decreased, but on a longer time horizon, logistics, warehousing, and distribution will be needed. *I will mention that I believe there will be disruptive technology in this space, as well as the decrease cost of current technology*
Onshoring/Reshoring - Overseas manufacturing has been dominate in the past decades. With supply chain, shutting down, log jams at the ports multiple businesses are bringing back some/all manufacturing to North America.
Just in time delivery -> Just in case inventory - Supply chains were completely disrupted and logistics became the star child of the line item budgets. Lots of business ordered inventory in excess just to have it! Now, with the slowdown they are needing to move it, but I believe the habits and ways of doing business have changed.
The next couple years may be a little shaky, but my outlook on the long term is well located industrial wins!
What am I missing?