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Impact of COVID-19 On Appraisals

Simonson Real Estate

Retail is a tale of the haves and have-nots. Industrial sales transactions down 14%, total value up 197% – CSM portfolio Multi-Family transactions down 65% with total value down 90% Office transactions down 55% with total value down 80% Retail sales transactions down 74% total value down 89% Hotel transactions went from 8 to 0 sales.

Appraisal 143
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2020 Banking and Construction Lending Trends for Minnesota

Simonson Real Estate

Industrial Multi-Family Office – depends on location and tenant mix Retail – Dependent on tenant mix Hotels – While there are some lending options, most of the banks surveyed talked about steering clear of hotels at present time. Others such as Target benefitted greatly as they were deemed an essential retail business.

Lending 148
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Six Essential Steps to Commercial Real Estate Success

Cleveland Appraisal Blog

Whether it’s a residential building or a retail mall, you want to attract tenants and clients so that you can start generating profit. It will also ensure that the future users of the development are living or working in a safe structure, too. Invest in marketing. You’ll need to market your development once it is complete.

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Eleven Types of Risk in Commercial Real Estate

Property Metrics

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. These factors also cause property valuation to increase.

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Anatomy of a Commercial Real Estate Appraisal: A Top 17 Q&A Guide

The Robert Weiler Company

So, take a deep breath, read on, and be prepared to gain a deeper insight into this important topic of commercial real estate valuation. Note: A commercial property valuation is considered the equivalent of an appraisal, and the words are sometimes used interchangeably. You may need a commercial valuation for many reasons.

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Investing in Commercial Property for Sale in Columbus, Ohio? The Complete Beginner’s Guide!

The Robert Weiler Company

retail and restaurant headquarters, but the Columbus, OH real estate and job markets have seen remarkable growth, too. In addition to the prospect of skyrocketing property values, buying commercial property for sale gives you control of the property and allows you to dictate usage, rental agreements, and types of tenants. .

Investing 138
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Undertanding a Commercial Real Estate Rent Roll

Property Metrics

A rent roll is an important document that lists all of the tenants in the property. If the space is unoccupied at the time the rent roll is produced, the tenant name could be “vacant.” Unit Number : The number of the suite or unit occupied by the tenant. For example, a tenant may occupy 1,000 square feet of space.