>center>View on Google Use the above map to find art galleries on Coral Gables that participate in the Coral Gables Gallery Night. Click any icon to view the address as well as, when available, the gallery’s phone number and website. A good accompanying item for this is the PDF created by the city, with the […]
Ricky Novak joins host Michael to explore best practices and solid strategies for successful 1031 exchanges.
Podcast host and Atlanta based commercial broker Michael Bull discusses and defines off-market properties.
When evaluating the financials of properties there are a couple of important ratios for you to consider, and one you will likely want to know for your bank. Cap Rate: The cap rate, calculated by dividing NOI (net operating income) into the price, is somewhat like an interest rate for a CD or yield on a […]
Experts involved IASB and FASB lease accounting changes join host Michael to share how recent changes might impact one’s business. Will some companies negotiate for shorter leases? What is the impact on company balance sheets and valuations? What impact will there be on lease versus purchase decisions? What is the actual process to capitalize a […]
A multiple listing service, typically referred to as simply “MLS,” is a set of services that enables real estate brokers to establish offers of compensation, i.e. to share commissions, among brokers. It facilitates cooperation with other broker participants as it accumulates and disseminates information among members and to a lesser extent with the public. It […]
Evaluating the best deals on any commercial properties includes understanding the difference between rentable and usable square feet of the real estate property. In general, office space is advertised as rentable square feet which is higher than the actual amount of office space that the actual tenant can or will occupy. Usable Square Feet This […]
Commercial real estate leases are categorized according to two different rent calculation methods. These are “gross” and “net”. As a consequence of this categorization, there are three different types of commercial real estate leases. Gross lease basically implies that a tenant pays the landlord one lump sum amount for rent, and the landlord in turn […]
1. Ask Yourself these important up front questions Knowing yourself, your situation and what you are looking for is the first step to owning your own commercial real estate property. Below are some questions that you should ask yourself: • What type of commercial real estate property are you looking for? • What is your […]
Multifamily housing is typically classified as either “A,” “B,” “C,” or “D,” frequently followed by a plus or minus, for example “B+” or “A-,” indicating the lower or higher end of that classification. The building classifications are generally as follows, but are notably varied in their application. Class A Multifamily Generally garden apartments built within the last […]
Many commercial real estate professionals and tenants have difficulty understanding how space footage is measured for the purpose of commercial rental space. This is an important concept to understand because you do not want to agree to lease a property that does not have adequate usable space for your purposes. Commercial square footage falls into […]
The capitalization rate, commonly referred to as the cap rate, is the ratio of Net Operating Income (NOI) to a property’s value. For example, a property listed for $2,000,000 that generated an NOI of $140,000 would be offered at a cap rate of 7%. Regretfully, there is considerable variance in how this is represented. Many […]
