One of the fundamental requirements of a market analysis is the ability to understand the economics of the location. To fully understand the value that a property in its current or planned use brings to a market, one must consider the economics of urban growth patterns as well as the overall market activity and health …
The phrase “location, location, location” is a phrase used over and over again in the discussion of real estate markets. It continues to be as relevant today because location is ultimately what brings value to a piece of real estate. For example, a high-rise office building in downtown New York City would have comparatively little …
A detailed market analysis is key to any real estate investment decision. Even though the financial projections have far more impact in management and investment decisions, market analysis is behind each and every number in the financial statements. So, it is important to take the time to gather the data required to fully understand the …
Many real estate investors fail to recognize the importance of the market analysis. Whether they lack the skills and knowledge to complete the market analysis or just don’t understand the benefits, market analysis is an undervalued asset in real estate investment. In reality, the market analysis is the most important element in evaluating a real …
For months you’ve been looking. Best Technology Company, Inc. (BTC), your long-time national client, has charged you with finding office space they can lease for their new headquarters. Their requirements are few. In addition to the obvious (i.e., being cost effective and large enough to house their workforce), the building must: (1) have state-of-the-art office …
Every day, and in every market, there are office deals to be made. The question, of course is which will become valuable assets in your real estate portfolio, and which could put the rest of your portfolio in jeopardy. The answer is a thorough and thoughtful investment analysis. We’re going to walk through an office …
Let’s start with the easy stuff. Common area maintenance charges, or CAM charges, are defined by USLegal as the fees: usually paid [by tenants] on a pro rata basis, to compensate the landlord for the costs of operating, repairing, and maintaining common areas. Well that’s a pretty good start, but let’s add one more category …
Created to help low-income, elderly, and disabled households afford decent, safe and sanitary private housing, the Housing Choice Voucher Program (HCVP), commonly known as Section 8, provides a federally-funded subsidy to eligible families, paying for all or a portion of their rent and utilities costs. The Program provides not only significant benefits to these families, …
Your broker just left you a voicemail. He’s got the scoop on a property that hasn’t yet been listed and is right in your industrial wheelhouse: a state-of-the-art intermodal center with three established tenants. Because he’s good at his job, he shares with you not only the sales price, tenant square footages and annual rent …
The New Markets Tax (NMTC) Program was created in 2000 under the Community Renewal Tax Relief Act to attract private capital to those projects benefiting low-income communities and persons, create jobs, and encourage additional economic development. Projects in these communities have historically had trouble finding such investment, resulting in a lack of resources to meet …