How to Get the Best Price for Your Commercial Property

Almost every week I speak to an owner of a CRE asset who tells me “I want to sell, but only at a great price,” or “I want to sell at the highest price possible,” or some other iteration of this. Of course, this really goes without saying as no one wants to leave money on the table. A good agent who is looking out for their fiduciary will of course try to get the best price, but should also advise the client as to the best course of action in marketing the property to get the best price.

Read More

How to Get the Best Price for Your Commercial Property

Almost every week I speak to an owner of a CRE asset who tells me “I want to sell, but only at a great price,” or “I want to sell at the highest price possible,” or some other iteration of this. Of course, this really goes without saying as no one wants to leave money on the table. A good agent who is looking out for their fiduciary will of course try to get the best price, but should also advise the client as to the best course of action in marketing the property to get the best price.

Read More

How Apartment Rents Can Impact Commercial Real Estate

This past January, a new study came out that shocked me. Even more shocking is that many people didn’t seem to register the impact of the study, or just overlooked it. What I’m talking about is the study that compares apartment rent costs across the country. With an average price of $4,799, Santa Monica now has the highest apartment rents in the nation, followed by New York. Even more surprising is that Venice, just to the south of Santa Monica is now rated number 5 in the nation, having the dubious distinction of beating out San Francisco. Other than making apartments look like a good investment for the future, what does this mean for our local economy?

Read More

How Apartment Rents Can Impact Commercial Real Estate

This past January, a new study came out that shocked me. Even more shocking is that many people didn’t seem to register the impact of the study, or just overlooked it. What I’m talking about is the study that compares apartment rent costs across the country. With an average price of $4,799, Santa Monica now has the highest apartment rents in the nation, followed by New York. Even more surprising is that Venice, just to the south of Santa Monica is now rated number 5 in the nation, having the dubious distinction of beating out San Francisco. Other than making apartments look like a good investment for the future, what does this mean for our local economy?

Read More

Tips to Renegotiate Your Commercial Lease & Potentially Save $$$

It’s been almost five years since you started your company, and you’ve done better than most companies out there… you’re still in business. As you move forward you have many things to consider. One important, but often overlooked, area of business is the commercial lease. A commercial lease can be one of the biggest investments for a company with larger leases costing millions of dollars over the lease term. Savings for these larger leases can amount to hundreds of thousands of dollars when negotiated correctly.

Read More

Tips to Renegotiate Your Commercial Lease & Potentially Save $$$

It’s been almost five years since you started your company, and you’ve done better than most companies out there… you’re still in business. As you move forward you have many things to consider. One important, but often overlooked, area of business is the commercial lease. A commercial lease can be one of the biggest investments for a company with larger leases costing millions of dollars over the lease term. Savings for these larger leases can amount to hundreds of thousands of dollars when negotiated correctly.

Read More