Housing Wire
AUGUST 10, 2023
The increasing share of owner-occupant buyers is also evidence that extremely tight housing inventory is prompting more retail buyers to take on the additional challenges that come with buying a distressed property at auction. They are able to pay with cash, take on bigger renovations and provide current occupants with a graceful exit.
McKissock
SEPTEMBER 23, 2020
Quality tenants—those who pay on time, take care of the property, and follow the rules of their lease—are a rental property manager ‘s dream. After all, finding new tenants is expensive and time-consuming. Having a bad tenant is bad. Having no tenant is unacceptable,” says M. Tenant turnover kills their profits.
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The Robert Weiler Company
MAY 18, 2022
All expenses associated with the commercial property should be included, such as repairs and renovations, commercial real estate loans and interest rates, and costs associated with selling commercial real estate (e.g., CRE Property #2: Retail/Restaurant Storefront. When in doubt, invest in your roof. . De-clutter the interior.
Property Metrics
AUGUST 13, 2020
Similarly, leased property includes a risk that tenants will not be able to make timely lease payments as expected. Late payments can create cash flow problems for the property owner, but the situation can be worse if the tenant goes out of business and moves out of the space. Inflation Risk. Interest Rate Risk.
McKissock
JUNE 27, 2021
As retail stores shut down, many businesses had to move their products online. The pandemic also made some retailers consider having a backup stockpile of items. These spaces also offer a sense of community, as they frequently feature luxury amenities such as caffeinated beverages and snacks for the tenants. . billion online.
The Robert Weiler Company
OCTOBER 21, 2022
Improving your property before your commercial appraisal can increase the property’s value and attract higher-quality tenants or more buyers. Improving how your property looks, at first sight, is often a surefire way to attract better tenants or buyers; it can also increase your commercial real estate valuation.
Property Metrics
DECEMBER 4, 2020
The retail banking system operates on a fundamental promise between the bank and the customer. To complete a renovation on a new project, the same bank also provided a loan to the developer for $100,000 at an interest rate of 5.50% and with a term of 1 year. Bank 2 is a traditional retail bank with 13 locations across Illinois.
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