Consumer Price Index (CPI): It is the measure of inflation as experienced by urban consumers. As an NAI member, NAI Pleasant Valley has strengthened its ability to help clients at any scale, in every part of the property ownership life cycle from brokerage services to facilities and property management. David Paine, Head of Real Estate at Standard Life Investments, describes commercial property as an “attractive component” of a “diversified, multi-asset portfolio”, and says that good property of this sector should remain resilient.
As an independently owned firm, PHP Commercial is not bound by rigid policy guidelines like some national real estate firms headquartered in far-off cities. Your clients want an agent who will immediately bring a listed property to the attention of such people.
The “commercial meltdown” doesn’t apply to property owners who left their equity untouched. Mr. Weiner also serves as a senior partner of Apollo and is the head of the commercial real estate debt business. There is not that kind of bad debt in commercial; instead a lot of businesses went under due to a long deep recession, thereby creating a lot more inventory on the market.
Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. The new bill focuses on small retailers, office tenants and manufacturers. Be proactive in your property promotion processes so that the listing for sale or lease stands uniquely different in its marketing campaign from the others in the area.
Problems in commercial real estate typically focus around loss of rent, tenant problems, wasted time, inefficiencies in returns, competition pressures, disposal needs, functioning of the property, age of the asset, or repositioning etc. Consideration #1 – Similar Properties – The comps that you choose need to be similar properties, in both type and size, to the commercial real estate you are planning on purchasing.