Many property developers will use the following guidelines in order to determine the potential value of a property; the location, the neighborhood, third party developments, the rental rates and the quality of tenants.
Two distinct groups are driving demand for mixed-use, lifestyle-based developments: Millennials, who are edging into their 20s and 30s, and mature adults aged 50 and older. Both are seeking living spaces close to work, entertainment, restaurants, culture and parks.
It is important that you perform due diligence prior to finalizing any commercial real estate transactions. This includes reviewing documents, titles, and making sure all inspections have been conducted. While your agent is a great asset, you will need to enlist the assistance of your attorney(s).
There is no understating the importance of architectural design in creating a sense of value and community. All of the homes in the communities we develop complement one another, enriching the lives of everyone who lives there.
Most of the Las Vegas strip is not actually located in Las Vegas. The city of Paradise, surrounded by Las Vegas, is where most of the strip's commerical properties are located, which allows them to avoid certain taxes.
Did you know that by using a commercial real estate firm to locate your next commercial or industrial property you can save yourself some money? Using a commercial real estate firm can put you in the driver's seat for accessing foreclosures, fix-er-uppers, and great deals that only they know about.
It’s important to remember that there are certain regulations governing the sale of commercial property that can be state specific. If you’ve never sold commercial property in this state before, it’s smart to partner with a commercial real estate agent.
Mixed commercial spaces, co-share office buildings and business incubators are an important component in modern urbanization. The offer the flexibility, responsiveness, vitality and social engagement that appeals to young entrepreneurs and startup entities.
While alphabetic rankings of commercial properties are helpful in the short run, keep in mind that these can change, sometimes quickly. It is a good idea to keep the entire economic picture and projections of an area in mind before making a final decision.
The choice to live in one of our communities is an easy one if you are looking for low-stress living. You don’t have to worry about looking to far for services such as hospitals, schools, shopping centers, or even post offices, and you know you are living in a high quality neighborhood.
When a commercial real estate agent categorizes something as industrial, it doesn't mean it's only good for a factory. This category covers a wide variety of buildings, from smaller flex or R&D buildings, to large warehouses to manufacturing properties.
You will find that our communities have a long more open space than big crowded cities or housing developments. Homeowners will enjoy taking advantage of these open spaces, whether it be to go biking or hiking, or just to enjoy a nice view.
Keep in mind that when the square footage of a home is given, it does not include the garage. In effect, you are getting more home for your money – especially if you decide to finish the garage at some point in the future to create added living space.
Hiring a commercial real estate firm for your development project is a smart business news. They will take care of such details as negotiations with local authorities for permits and ensured compliance with local zoning laws.
Seeking commercial development opportunities in a second-tier city? You’re part of a growing trend. Developers are in unprecedented numbers pursuing commercial, retail, mixed-use and residential developments in cities like Austin, Nashville, Portland and Raleigh-Durham.
It’s important to remember that buying any type of property – even commercial real estate – can mean a balancing act between what you want in a property and what you can afford to pay. Let’s talk about the features that are deal breakers so that we can help you find the best property for needs and budget.
Walkability doesn’t mean “no cars. It doesn’t mean the failed 1960s pedestrian downtown malls. It means a balance between pedestrians, bicyclists, cars, trucks and buses. It means slower paced streets …” (NAIOP: Commercial Real Estate Development Association)
Because so many commercial real estate transactions are considerably larger than residential transactions, it’s smart to have a commercial real estate agent on your side. This can help you ensure that you don’t make a costly mistake because of a misunderstood contract term.
Do you ever worry that living in an active community will put too much pressure on your already packed schedule? Remember, you only have to be as involved as you’d like to be.
Some of our favorite cultural touchstones have suprising real estate connections. The famous Hollywood sign was built in 1923 to advertise real estate. It originally read "Hollywoodland."
Did you know that Warren Buffett, one of the richest men in the world, still lives in the same house he bought in 1958 for only $31,500?
We recognize how expensive the marketing and advertising can be when you’re trying to find a new commercial tenant on your own. In many cases, working with a professional can make the process faster and more affordable.
Our builders have a number of different floor plans to select from if you choose to build; but the floor plan is just the template. With that as a starting point, you can create the magic castle of your dreams, worthy of your hard work and effort.
It’s important to know what you want before entering into a deal. For example, some commercial properties come with tenants already in place. This can be a positive situation if you need the security of immediate rental income and are happy with the situation.
If you are moving to this area, we can help you find a nice selection of homes in any of our communities that will offer you a satisfying set of options and amenities so you can move into the perfect place as soon as you arrive.
Allowing a competent commercial real estate broker to handle the sale of your property results in faster returns. This is because he or she already has networks in place and may even have potential clients already lined up.
The commercial property market has many options. There are apartments, multi-family residences, office spaces, mobile home units, industrial spaces and land. All these possibilities have their own unique way of bringing about a healthy return.
Did you know that data about commercial real estate trends uses a lagging indicator? This is a statistic that can follow an economic event and help establish a trend. Unemployment rate and the consumer confidence can impact this trend and can help you find the right commercial property.
One way to choose a site for a commercial development is to look at nearby highway development. For instance, if a new highway is planned, a development near that would benefit, as it would allow for more traffic.
When selecting which of our communities to live in, you should be aware of the kind of neighborhood it is. Do they have a homeowners association? Does the neighborhood have a lot of kids? There are many advantages to living in our communities, but you should be sure to get all the information you can.
Every child deserves the right to play without fearing for their own security. Our communities are designed to promote a safe and inspiring environment, where the people of the neighborhood are connected by common core values.
Part of taking over a new commercial building is making sure it speaks clearly to your brand, whether it's the color scheme, logo, sign, or the entire interior design. Commercial real estate agents can help you get through every step of the process, including renovations.
Remember, buying a house is about so much more than just finding a floor plan you love. In addition to buying in the right area, it’s also important to consider the surrounding community.
Before making a decision on a property, you should arrange to have it appraised and a report delivered to you. Your lender may require one, but they may not reveal the findings. Having your own gives you needed leverage.
If you're in a tighter credit environment, make sure to come knocking with cash in hand. Commercial property lenders like to see at least 30% down before they'll give a loan the green light.
In the commercial real estate (CRE) industry, all agents are required to pass exams and secure their license. By working with licensed commercial real estate agents and brokers, you are assured that you will be in business with people thoroughly versed in all aspect of the industry.
Occasionally, it can be advantageous to negotiate for space without a broker. For instance, if you need a small space and a short-term lease, a listing agent will be more motivated to work with you because the commission structure benefits him.
In the world of commercial real estate investing, a "community center" refers to any retail property that provides a wider range of clothing and other soft goods than the nearest neighborhood center. Community centers are typically anchored by supermarkets, pharmacies and discount department stores.
There are many zoning issues that can come up during a commercial real estate development project. Common zoning violations includes handicap laws/accessibility, property easements, insurance requirements, and inappropriate lighting.
What is a UCC financing statement? The Uniform Commercial Code ("UCC") is one of a number of uniform acts that have been drafted to harmonize the law of sales and other consumer and commercial transactions throughout the United States.
Do you ever wish it was easier to get out and exercise on a regular basis? When you live in a pedestrian-friendly community, you’ll find that many of the barriers to taking walks or going for a jog have been removed.
Office buildings began to show up in the 1800s, but by necessity often had to be in city centers. As a result, multi-floor buildings were built, but were limited to 10 stories until the invention of the elevator and modern steel practices.
A cognovit note is a promissory note in which a debtor authorizes the creditor, in the event of a default or breach, to confess the debtor’s default in court and allows the court to immediately issue a judgment against the debtor.
Even if you’ve had quite a bit of experience buying and selling residential property without assistance, you may discover that commercial property is a new world. Let’s talk about how we can help guide you through the process of finding and buying your next commercial property.
Because of how we structure and design our communities, one of our signature amenities is safety. Streets and community areas that are well-lit and open to view create an environment that discourages criminal behavior.
Our commercial real estate services are invaluable when your company or partnership needs to acquire, lease, or sell property. However, we cannot provide legal advice of any kind, and urge you to retain an attorney to help guide you through the transaction.
In commercial real estate investing, the "break-even point" refers to a point in time when a property's income becomes sufficient to pay for recurring costs. The "break point" is another commonly used phrase to describe this occurrence.
Are you looking for the comfort and amenities that comes with owning a newer home in a nice neighborhood? Our communities offer this and more. Anyone who has ever bought an older home will tell you just how much maintenance and repair is involved with them!
“As the millennial generation takes the reins, their preference for a live/work/play urban community is driving commercial real estate development … [involving] mixed-use properties that combine residential, retail, and workplace options that are mingled to create a walkable, 24/7 urban neighborhood.” (Realconnex.com)
Your relationship with us does not end once the lease or deed has been signed. We remain available to answer any unforeseen questions that may arise and to help you with additional commercial real estate needs.
We want you to get a commercial property at a great deal and will help you through the negotiation process. Our lucrative skills and aggressiveness will help you with any questions you may have and make everything go smoothly when purchasing a new commercial property.
A great way to evaluate a commercial property is to study the neighborhood it's located in by going to open houses, talking to other neighborhood owners, and looking for vacancies.
The "comparative advantage" is the idea that a particular region or area produces items or services for which they possess the greatest advantage over neighboring areas. This principle plays a major role in finding suitable tenants for a commercial real estate property.
Our communities give several housing options with leisure, facilities, other necessary services, and open space to move with. This is the best choice for first-time homeowners who have an active lifestyle.
We want you to get a commercial property at a great deal and will help you through the negotiation process. Our lucrative skills and aggressiveness will help you with any questions you may have and make everything go smoothly when purchasing a new commercial property.
A great way to evaluate a commercial property is to study the neighborhood it's located in by going to open houses, talking to other neighborhood owners, and looking for vacancies.
Sam Zell is a famous Chicago real estate developer. He talked himself into a property management position and started renting small apartments to students. Over a 50 year career he finally sold his large property management firm for a cool $36 billion.
Unfortunately, standard new home developments are all about how many homes they can cram into the space. When you want a home and community you can enjoy, keep us in mind.
The "comparative advantage" is the idea that a particular region or area produces items or services for which they possess the greatest advantage over neighboring areas. This principle plays a major role in finding suitable tenants for a commercial real estate property.
Our communities give several housing options with leisure, facilities, other necessary services, and open space to move with. This is the best choice for first-time homeowners who have an active lifestyle.
We want you to get a commercial property at a great deal and will help you through the negotiation process. Our lucrative skills and aggressiveness will help you with any questions you may have and make everything go smoothly when purchasing a new commercial property.
A great way to evaluate a commercial property is to study the neighborhood it's located in by going to open houses, talking to other neighborhood owners, and looking for vacancies.