Why To Save For A Rainy Day

On December 4, 2020   /   Commercial Real Estate Buyer Representation, Commercial Real Estate Education, Commercial Real Estate Investments, Covid-19, Simply Own It  

If there’s anything 2020 has taught us, it’s to expect the unexpected. Who could have predicted the impact the COVID-19 pandemic would have on commercial real estate and specifically the demand for space through quarantines, shutdowns, supply chain disruptions, employment loss, and much more. As a commercial real estate investor, potential economic conditions must be considered before buying single-tenant and multi-tenant properties. A financial savings plan or “rainy-day fund” can provide an extra security blanket that can help you through tough times or support your growth when the time is right. Here are a few reasons why single tenant and

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What sinks the (CRE) commercial real estate investment boat the fastest?

On October 15, 2020   /   Commercial Real Estate Education, Commercial Real Estate Investments  

Investing in commercial real estate has long been a dependable wealth-building tool. While its long-term rewards can be very lucrative, it’s also a gamble. Mitigating risks on your investments comes down to learning the common mistakes and knowing how you can avoid them. If you’re interested in commercial real estate investment, read on for investment mistakes to avoid and tips to “win” the game of commercial real estate. Many investors struggle with the real estate due diligence process. While it may seem overwhelming and you may not know where to start, an experienced buyer representative and commercial real estate attorney

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Helpful Negotiation Tips for 1031 Investors

On October 8, 2020   /   Commercial Real Estate Buyer Representation, Commercial Real Estate Education, Commercial Real Estate Investments  

Triple net lease investments (NNN) with essential businesses such as drugstores, grocery stores and logistics centers are in high demand in the current market. Sellers are holding strong on their asking rates and many NNN assets are under contract within weeks of going on the market for close to the asking rate. As many 1031 exchange investors chase after potentially scarce properties in the marketplace, they may find themselves running into trouble finding replacement properties. To help you win your property bid when you need to replace funds for your 1031 exchange, I’ve complied some helpful negotiation tips that will

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Tips for Investors: How to be Successful in Commercial Real Estate

On September 1, 2020   /   Commercial Real Estate Education, Commercial Real Estate Investments  

Buying and owning commercial real estate can be an exciting business venture. But like many investments, investing in property comes with risks and rewards. Before adding real estate to your existing portfolio, it’s important to understand the various factors that can lead to your success. Included below are a few tips to help guide you: Know What Asset Class You Want to Play In There are a variety of asset types in commercial real estate and most can be classified into four main sectors: industrial, retail, office or multifamily. Each sector is different in its own way and its crucial

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Is Purchasing a Commercial Property Right for You Now?

On August 25, 2020   /   Commercial Real Estate Buyer Representation, Commercial Real Estate Education, Commercial Real Estate Investments  

Before buying a commercial real estate property, there’s a lot to consider. While ownership is the easiest way to control your financial future, there are pros and cons for leasing and purchasing. Before making any decisions, it’s important to remember you don’t have to do it alone. An experienced buyer representative walks you through your options and explores reasons for you to buy versus lease. Included below is a step-by-step analysis you and your buyer rep can work through together. While every business is different, I hope this analysis helps you determine what is right for you. 
Steps to Analysis:

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Buying Commercial Property is NOT Like Buying a Home

On August 4, 2020   /   Commercial Real Estate Buyer Representation, Commercial Real Estate Education, Commercial Real Estate Investments  

So you’re ready to buy your first commercial real estate property. That is great news! But before you do, there’s a few things you should know. First and foremost, buying commercial property is nothing like a buying residential property. While both take time, research, and planning, buying commercial real estate can be very complex. To help you navigate this exciting time, I have outlined the six key differences between a commercial purchase and a residential purchase: Commercial Title Report A commercial title report outlines the legal status of a specific property and related information about its ownership. While it is

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The ups and downs of Phoenix class A office space amid time of the novel coronavirus Experts hesitant to say COVID-19 will kill brick-and-mortar staples. By Melissa Rosequist

On July 21, 2020   /   Commercial Real Estate Education, Covid-19, In the News  

Despite many companies and firms working remotely for an extended period of time due to COVID-19, experts estimate class A office space will not be left vacant. As Valley companies realize working from home is the foreseeable future, will that translate to a surplus of vacant class A office space? Experts say: It’s too early to identify any changes that may be afoot as the long-term effect of the COVID-19 pandemic looms, but ultimately, for commercial leasing, the sky isn’t falling. That’s not to say there won’t be changes. READ THE ENTIRE ARTICLE

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What’s Next For Commercial Real Estate in Arizona After COVID-19

On May 1, 2020   /   Commercial Real Estate Education, Commercial Real Estate Tenant Representative, Covid-19, Dear Business Owner  

Flexibility – key to survival post COVID-19 On April 29, Arizona Governor Ducey extended the state’s Stay-At-Home-Order Order until May 15. For many, that means two more weeks of working from home, two more weeks office spaces will be empty, and two more weeks businesses like gyms, barber shops and salons will remain closed. And Arizona isn’t the only state in this position.  Before we jump into what could happen next for these businesses and the commercial real estate industry as a whole, I want to take a step back and look at how we got here. We all know

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Finding the Right Buyer Representative

On April 13, 2020   /   Commercial Real Estate Buyer Representation, Commercial Real Estate Education  

Imagine this, you’ve found the perfect office building and you’re ready to make it yours. From my previous blogs you’ve learned that inexperienced buyers can easily mistake the person showing the commercial buildings as someone who will take care of them in purchase negotiations. They don’t and here’s why: sellers want to make money and buyers want to save money. Knowing that, your search for the right buyer representative has begun. Before you hire a buyer rep, it’s important to note that not all reps are created equal. Experienced representatives are crucial in winning a fair shake throughout purchase contract

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12 Tips for Effectively Working from Home

On April 7, 2020   /   Commercial Real Estate Education, Covid-19  

While the world is dealing with the outbreak of COVID-19 (coronavirus), you may find yourself working remotely for the first time or working remotely more than usual. Not to worry, the 12 tips below will help you stay on track, work effectively and maintain a sense of normalcy in these uncertain times. Maintain Regular Work Hours Maintaining your regular nine-to-five schedule will make things feel normal, help you stay on top of tasks, keep you from overworking and help you maintain a work-life balance. Schedule Regular Breaks Give yourself some time away from computers and phones throughout the day. Much

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