The NOI of a commercial real estate property is calculated by evaluating the property's first year gross operating income and then subtracting the operating expenses for the first year. You want to have positive NOI.
If you are looking for office space to lease, we suggest you hire a tenant representative before you look at properties. The rep will have your interests in mind when searching for the right property, and in advising on the terms of a lease.
Commercial real estate firms are full of highly qualified brokers that can match your exact wants with your needs and do so in a timely fashion. In fact, this is known as “streamlining” in the commercial real estate business.
Hiring a commercial real estate broker can increase your net worth! By adding valuable new assets to your balance sheet, your business can start to grow so you can take on more clients and generate greater revenue all the while fattening up your portfolio so investors come to you.
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.
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.
Commercial office rental property can be valued based on the rental income return on investment, instead of methods using square feet and land value. This can help you better determine the value with these types of properties.
Be adaptable when searching for great deals. Use the internet, read the classified ads and hire bird dogs to find you the best properties. Real estate bird dogs can help you find valuable investment leads in exchange for a referral fee.
Coordinate with your realtor if you are selling your current home while waiting for your new home to be built. While we want you to sell your house as quickly as possible, you do not want to be caught without a dwelling while waiting for your new home to be completed.
Buying or renting a commercial property or building is often, by its very nature, full of the kind of accounting questions, problems, and details that’s nothing less than higher mathematics! This is one reason why hiring a commercial real estate firm makes so much sense.
Have the best of both worlds by making your home within a community development - you can have privacy and personal space while enjoying a strong and positive community of people.
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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.
Granted, there is the mantra “Location, location, location” but that depends on your business. For office space or certain industries, location is of lesser importance than building layout, physical appearance, access to shipping, and amount of preparation that needs to be performed.
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.
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Great kitchen space for Holiday Catering or Special Events!
How do you decide which of our communities are best for your needs? One of the biggest considerations facing any potential homebuyer is location. Is it convenient for work? Are there quality schools nearby? What’s the recreation like?
Living in a planned community such as one of ours is convenient. Our communities include or are located very near retail and professional buildings, allowing residents to access shopping and other services without going very far.
A commercial real estate firm not only helps you find a commercial property to buy or lease; they can also help you, when it is time to sell, appeal to the right market and find a buyer who is willing to offer you what you are asking in terms of sale price.
When investing in commercial real estate, it is helpful to understand the "breakpoint" for each particular property. The breakpoint determines when tenants begin to pay a percentage-based rent, which is determined by specific provisions within the contents of the lease.
Hiring a commercial real estate firm to buy or rent your next commercial property or building, can save you a lot of time! This is because a commercial real estate firm has access to the latest software, data, and research on all available properties, allowing them to access dozens of properties in minutes.
Unless you are experienced at structuring sales or leases, it is in your best interests to engage the service of professionals. Our experience makes us an invaluable asset in your commercial real estate dealings.
What are participation loans? Sometimes an institutional lender participates with other lenders in making a single mortgage loan to a single debtor; this is a participation loan.
