Informed commercial real estate news

I’ve heard a story about this with someone in the past, but now it looks like I’m in the early stages of dealing with a problem tenant for a small personal deal I’m under contract for with a couple coworkers. They basically want an unreasonable amount of cash or to renegotiate the lease for them to sign, and pretend to act super confused and act like we’re harassing them when we follow up. And trust me, they know damn well what the spirit of these documents say and that it has no real impact on them. They have like 6 other locations. Unfortunately, standard CRE language was not put into their original leases since it’s like a small 12 flat with a couple ground floor retail tenants. Anyone else have any advice outside of seeking some type of seller concession? I already tried offering them a couple grand in cash just to get it done. Not switching lenders & don’t want to kill the deal. For those curious…it’s a vape shop…always a fucking vape shop…4 years left of term, and if we close i can’t wait to get rid of them. submitted by /u/fluffnstuff1 [link] [comments]

I'm just curious what people think regarding mainly office space since WFH has become so normal and efficient since COVID. I'm seeing more office buildings available, and naturally they have lower occupancy. Do you think the need for office space is just way down and won't bump back up? Or do you feel we are still adjusting a little bit and more people may return to the office? I have investors that aren't afraid to buy some value-add office buildings. Are current times just too scary for them to spend millions on a purchase, then invest however much more just in hopes of people needing the space? If any corporate leases started around 2020, then do we continue to see less occupancy in the next few years? I guess the same question for retail as well, because when nobody could go shopping, online shopping for even groceries became far more common. submitted by /u/Pawz23 [link] [comments]

I am not sure what the guidelines are on something like this. Never done it before but a situation has come up where I could get a couple deals if I pay a referral fee. A couple of the deals would be to licensed agents at different brokerages (in a different state as well with a broker of record of course). If you google this question it says it is utterly and completely illegal but every referenced is residential. But then if you google it and add commercial, it is all on the up and up. So just not sure and cannot seem to get a straight answer so of course I come to reddit submitted by /u/InvestigatorNo7573 [link] [comments]

I'm trying to reach out to small retail property owners to offer portfolio optimization and asset management. Outside of crexi/costar, what are some good data sources? Plenty of SFH sources but can't find any really good ones outside of Crexi/Costar? I want to prove the concept first before I go with those more expensive services. submitted by /u/BourbonSipping [link] [comments]

I spent some time building an amenity map generator for OMs in HTML but it got me thinking about the entire OM which has static data / info within a PDF format. How useful would it be to create an OM that lives in HTML can investors can interact with the data points, i.e. map view with rent / sales comps / amenities / highlight zones of resi development etc. + Dashboard of the deal with the financials/interactive graphs/charts etc. To me this seems much more intuitive and useful. Thoughts? submitted by /u/Tkfit09 [link] [comments]

I’m trying to organize my database and I’m just curious, what do you use or how do you communicate with your database? Can you share your newsletter, or monthly update? submitted by /u/Cash_FlowPro [link] [comments]

How do you handle Buyer's Brokerage Agreements for a Buyer Insisting Seller Pay Commission without exception and will not accept any language for a scenario where they might pay a fee? submitted by /u/No-Bison-5323 [link] [comments]

Curious anyone’s success stories! submitted by /u/irepresentprespa [link] [comments]

Anyone have any insight if they have had experience buying SLB STNL? submitted by /u/irepresentprespa [link] [comments]

Was driving our Tampa competitive set a couple weeks ago and spotted something at a neighboring center I don't see discussed much: Twice the Ice and Watermill Express operating as paying tenants in the parking lot. Most people I talk to have never seen these in person. Even shopping center experts - they're not common in Miami, FL. Twice the Ice — takes up roughly 4-5 parking spaces, rent probably in the $500–$1,000/month range Watermill Express — 2 parking spaces, maybe $300–$600/month rent? The income is there but modest. The bigger issue for me is the redevelopment risk. If you've got a 10-year lease on a vending machine sitting on surface parking and you want to go vertical someday you've got a problem unless your relocation clause is well constructed. The relo problem is 10X more if you got Tesla charging stations by the way. I personally tend to pass on these deals for that reason, but I can see the argument if you're in a stable, no-redevelopment-planned asset and need the ancillary income. Anyone here have these on their properties? Curious what you're actually getting paid. submitted by /u/HueChenCRE [link] [comments]

Hey everyone. I’m validating a productized service aimed at mid-sized commercial GCs and want some brutal honesty on whether this solves a real headache. The Problem: Chasing sub-contractors for updated COIs (General Liability & Workers' Comp) before the Friday check run is a massive time sink. Worse, if an expired policy slips through and you pay an uninsured sub, your own insurance company hits you with massive penalty premiums during your year-end audit. The Solution: I’m building an outsourced, "invisible" compliance desk. You don't buy or learn any new software. I handle the manual work; you just get the final result. Here is exactly how it works: The Hand-Off: You tell your subs to email all their insurance renewals to a dedicated inbox that I manage. You step out of the middleman role completely. I Do The Chasing: I extract the dates, verify them against state registries, and handle 100% of the follow-up. My system automatically emails and texts your subs 30, 15, and 1 day before their policies expire demanding the new paperwork. The End Result (What You Get): Your bookkeeper gets a single, live Google Sheet that I keep updated in real-time. On Friday mornings, they open it. If the sub's row is GREEN, cut the check. If it's RED, hold the check. Audit Time: At the end of the year, I hand you a clean zip file of every verified COI perfectly organized for your auditor. I’m planning to charge a flat $400/month for this service. To the GCs and bookkeepers out there: Does this save you enough time, friction, and audit risk to justify $400 a month? Let me know why this would or wouldn't work in the real world. Appreciate the feedback. Please know im not looking for cutomers here just curious if this would be helpful. I hope this dosent break any rule mods if it does pls let me know i will instantly take it down. submitted by /u/usman232323 [link] [comments]

We want to maintain a high standard of discussion in this community. Recently, there was a thread that devolved into an unproductive back-and-forth. I missed it in real time as I’m currently on vacation, but it’s a good example of why this reminder matters. The user involved has been issued a temporary ban. If you come across comments or users that appear to be trolling, provoking, or otherwise acting in bad faith, please do not engage. Responding tends to escalate the situation and shifts the focus away from constructive, professional dialogue. Instead, use the report function. This ensures the moderation team can review and address the issue appropriately and efficiently. We encourage thoughtful discussion, differing viewpoints, and informed debate. Those are all welcome here. Disruptive behavior is not. Thank you for helping keep this community focused and valuable. submitted by /u/LordAshon [link] [comments]

I’ve heard a story about this with someone in the past, but now it looks like I’m in the early stages of dealing with a problem tenant for a small personal deal I’m under contract for with a couple coworkers. They basically want an unreasonable amount of cash or to renegotiate the lease for them to sign, and pretend to act super confused and act like we’re harassing them when we follow up. And trust me, they know damn well what the spirit of these documents say and that it has no real impact on them. They have like 6 other locations. Unfortunately, standard CRE language was not put into their original leases since it’s like a small 12 flat with a couple ground floor retail tenants. Anyone else have any advice outside of seeking some type of seller concession? I already tried offering them a couple grand in cash just to get it done. Not switching lenders & don’t want to kill the deal. For those curious…it’s a vape shop…always a fucking vape shop…4 years left of term, and if we close i can’t wait to get rid of them. submitted by /u/fluffnstuff1 [link] [comments]

I'm just curious what people think regarding mainly office space since WFH has become so normal and efficient since COVID. I'm seeing more office buildings available, and naturally they have lower occupancy. Do you think the need for office space is just way down and won't bump back up? Or do you feel we are still adjusting a little bit and more people may return to the office? I have investors that aren't afraid to buy some value-add office buildings. Are current times just too scary for them to spend millions on a purchase, then invest however much more just in hopes of people needing the space? If any corporate leases started around 2020, then do we continue to see less occupancy in the next few years? I guess the same question for retail as well, because when nobody could go shopping, online shopping for even groceries became far more common. submitted by /u/Pawz23 [link] [comments]

I am not sure what the guidelines are on something like this. Never done it before but a situation has come up where I could get a couple deals if I pay a referral fee. A couple of the deals would be to licensed agents at different brokerages (in a different state as well with a broker of record of course). If you google this question it says it is utterly and completely illegal but every referenced is residential. But then if you google it and add commercial, it is all on the up and up. So just not sure and cannot seem to get a straight answer so of course I come to reddit submitted by /u/InvestigatorNo7573 [link] [comments]

I'm trying to reach out to small retail property owners to offer portfolio optimization and asset management. Outside of crexi/costar, what are some good data sources? Plenty of SFH sources but can't find any really good ones outside of Crexi/Costar? I want to prove the concept first before I go with those more expensive services. submitted by /u/BourbonSipping [link] [comments]

I spent some time building an amenity map generator for OMs in HTML but it got me thinking about the entire OM which has static data / info within a PDF format. How useful would it be to create an OM that lives in HTML can investors can interact with the data points, i.e. map view with rent / sales comps / amenities / highlight zones of resi development etc. + Dashboard of the deal with the financials/interactive graphs/charts etc. To me this seems much more intuitive and useful. Thoughts? submitted by /u/Tkfit09 [link] [comments]

I’m trying to organize my database and I’m just curious, what do you use or how do you communicate with your database? Can you share your newsletter, or monthly update? submitted by /u/Cash_FlowPro [link] [comments]

How do you handle Buyer's Brokerage Agreements for a Buyer Insisting Seller Pay Commission without exception and will not accept any language for a scenario where they might pay a fee? submitted by /u/No-Bison-5323 [link] [comments]

Curious anyone’s success stories! submitted by /u/irepresentprespa [link] [comments]

Anyone have any insight if they have had experience buying SLB STNL? submitted by /u/irepresentprespa [link] [comments]

Was driving our Tampa competitive set a couple weeks ago and spotted something at a neighboring center I don't see discussed much: Twice the Ice and Watermill Express operating as paying tenants in the parking lot. Most people I talk to have never seen these in person. Even shopping center experts - they're not common in Miami, FL. Twice the Ice — takes up roughly 4-5 parking spaces, rent probably in the $500–$1,000/month range Watermill Express — 2 parking spaces, maybe $300–$600/month rent? The income is there but modest. The bigger issue for me is the redevelopment risk. If you've got a 10-year lease on a vending machine sitting on surface parking and you want to go vertical someday you've got a problem unless your relocation clause is well constructed. The relo problem is 10X more if you got Tesla charging stations by the way. I personally tend to pass on these deals for that reason, but I can see the argument if you're in a stable, no-redevelopment-planned asset and need the ancillary income. Anyone here have these on their properties? Curious what you're actually getting paid. submitted by /u/HueChenCRE [link] [comments]

Hey everyone. I’m validating a productized service aimed at mid-sized commercial GCs and want some brutal honesty on whether this solves a real headache. The Problem: Chasing sub-contractors for updated COIs (General Liability & Workers' Comp) before the Friday check run is a massive time sink. Worse, if an expired policy slips through and you pay an uninsured sub, your own insurance company hits you with massive penalty premiums during your year-end audit. The Solution: I’m building an outsourced, "invisible" compliance desk. You don't buy or learn any new software. I handle the manual work; you just get the final result. Here is exactly how it works: The Hand-Off: You tell your subs to email all their insurance renewals to a dedicated inbox that I manage. You step out of the middleman role completely. I Do The Chasing: I extract the dates, verify them against state registries, and handle 100% of the follow-up. My system automatically emails and texts your subs 30, 15, and 1 day before their policies expire demanding the new paperwork. The End Result (What You Get): Your bookkeeper gets a single, live Google Sheet that I keep updated in real-time. On Friday mornings, they open it. If the sub's row is GREEN, cut the check. If it's RED, hold the check. Audit Time: At the end of the year, I hand you a clean zip file of every verified COI perfectly organized for your auditor. I’m planning to charge a flat $400/month for this service. To the GCs and bookkeepers out there: Does this save you enough time, friction, and audit risk to justify $400 a month? Let me know why this would or wouldn't work in the real world. Appreciate the feedback. Please know im not looking for cutomers here just curious if this would be helpful. I hope this dosent break any rule mods if it does pls let me know i will instantly take it down. submitted by /u/usman232323 [link] [comments]

We want to maintain a high standard of discussion in this community. Recently, there was a thread that devolved into an unproductive back-and-forth. I missed it in real time as I’m currently on vacation, but it’s a good example of why this reminder matters. The user involved has been issued a temporary ban. If you come across comments or users that appear to be trolling, provoking, or otherwise acting in bad faith, please do not engage. Responding tends to escalate the situation and shifts the focus away from constructive, professional dialogue. Instead, use the report function. This ensures the moderation team can review and address the issue appropriately and efficiently. We encourage thoughtful discussion, differing viewpoints, and informed debate. Those are all welcome here. Disruptive behavior is not. Thank you for helping keep this community focused and valuable. submitted by /u/LordAshon [link] [comments]