The Price Is High. The Buyers Are Gone.
3 Key Takeaways: A building can survive its owner and still never be worth what that owner insisted. That is the uncomfortable part of selling commercial real estate. Concrete lasts. Conviction, unfortunately, does not establish market value. An owner may have spent decades maintaining a property, replacing its roof, navigating tenant problems, and remembering what…
Where Will Inflation Take Us in 2022?
To figure out where things are going, we need to ask what exactly is inflation, how is it measured and what is the cause of inflation? Here’s how those are defined: Inflation is a decrease in the purchasing power of money, reflected in a general increase in the prices of goods and services in an…
Why Buy Right Now?
When everyone is doing something, I personally am wired to think that the masses are wrong and do the opposite. So when we are seeing record prices for single family houses, apartment buildings, and industrial buildings, I initially think that people might be making a mistake and buying real estate at the peak of a…
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…