Hotel Sale Preparation: Why Most Owners Fail Before They Even List
Key Takeaways: Franchise Agreements Complicate Transfers: Franchise agreements represent the single most complicating force in hotel transactions. Brand operators maintain extensive approval authority over ownership transfers and frequently mandate property improvement plans and transfer fees at the seller’s expense. Proactive Tax Planning is Non-Negotiable: Tax consequences are a silent assassin that can cost sellers 25-35%…
NH Liquor Commission Seeks Buyer/Developer for Hampton I-95 NH Surplus Property
Request for qualifications issued to purchase and redevelop 88 acres for public-private partnership Concord, NH – The New Hampshire Liquor Commission (NHLC) has issued a request for qualifications (“RFQ”) as it seeks a highly and uniquely qualified, financially secure buyer/developer(s) specializing in highway-orientated commercial real estate to purchase and redevelop approximately 88 acres of prime…
Commercial Financing – A Brief Introduction:
You want to buy commercial real estate. Whether it’s for investing or for your business or both, one of the biggest questions is how can I finance it? What will be the best route for me? Who can best provide for my needs? Here are some of the different avenues you can look into when…
Finding Commercial Real Estate
Why is finding commercial real estate so difficult? Investors, residential real estate agents, and colleagues ask this question on a regular basis. The residential market was changed with the entrance of Zillow and Redfin to digital world. Their fight to become the “Google search” of real estate listings has made consumer efforts much easier. Commercial…
Pro & Cons of Hiring a Buyer or Tenant Agent
Today real estate seems easy. Put your property online, receive dozens of offers, pick the one that is $25k -$100k over asking price with no contingencies and BOOM, your property is sold. You can probably guess that this is not the case for commercial real estate. But what is very transferable from residential real estate to commercial real…
What To Look for in a Commercial Agent
If you ask any commercial broker or agent they will tell you commercial real estate is different than residential. It is almost a cliche. When hiring a residential real estate agent, it is much simpler and potentially more straightforward on who you are hiring. When you hire a residential agent, you can easily see how…
Location, Location, Location
Disclose or Not to Disclose In commercial real estate, sometimes sellers are hesitant to share their property’s location when creating public marketing. This can happen because they own a business and don’t want to cause concern to clients or decrease sales or, if they own a multifamily property, they don’t want to alarm tenants. The…