PURCHASING REAL ESTATE
5 Key Steps to Purchasing a Commercial Building Using SBA Financing
Purchasing an office or industrial building is a major step for a growing business. While every transaction is unique, most follow a similar process. Working with an experienced real estate professional is key for guidance through the complex process and to a successful close of escrow. 1. Pre-EscrowSecure financing and negotiate the purchase contract. 2.…
Read MoreDemographic Shifts Affecting Real Estate
A major factor that is affecting the real estate market are the demographic shifts that are expected. Arizona is expected to see continued growth and development in the next several years. Listed below are some demographic trends that are expected to affect the commercial real estate market in Scottsdale: Mixed Use properties are gaining popularity combining…
Read MoreScottsdale, AZ – a Great Place to Do Business…A Great Place for Family Fun!
Scottsdale, AZ – a Great Place to Do Business…A Great Place for Family Fun! Scottsdale, AZ is a city that celebrates passion in all its forms. In the upcoming winter months and during the holiday season, Scottsdale will be the home to many wonderful events. This year Jelly Roll will be playing at the Waste…
Read More8 Steps to Finding Industrial and Office properties in Scottsdale, AZ
7 PROS & CONS OF AI AND HOW IT CAN AFFECT THE COMMERCIAL REAL ESTATE MARKET
AI (Artificial Intelligence) is a technology that can enable computers, sensors, robots, geo-locators, etc to perform tasks to simulate human intelligence and problem solving. With AI’s help, commercial real estate agents can take advantage of this technology, however there are some negatives. Listed below are 7 Pros and Cons: PROS: CONS: Although AI is new…
Read MoreRising Interest Rates: 6 Tips to Consider when Purchasing or Leasing Commercial Real Estate
Now that interest rates are on the rise and inflation is at 40-year highs, there are many concerns in the commercial real estate industry. The Feds indicate that Interest rates are expected to continue to rise through the end of the year and potentially into the first or second quarter of 2024. They are still…
Read MoreSummer Golf in Arizona (4 Top Courses)
Scottsdale is a great location to start a new business. Some recent reports predict that the Scottsdale Airpark will be home to more than 4,000 businesses employing as many as 80,000 employees by the year 2030! Scottsdale is also known for its amazing golf courses. During the summer months (June through August), some of the most popular…
Read More8 TIPS FOR MANAGING A COMMERCIAL REAL ESTATE PROPERTY
Listed below are 8 tips for effectively managing a commercial real estate property. Successful property management can help bring down the cost of maintaining a building and maximize revenue.
Read More5 GENERAL STEPS TO PURCHASING A BUILDING (USING SBA FINANCING)
Purchasing a new office or industrial building for your business is an exciting step in the journey of one’s company. One important consideration in purchasing a building is the process one goes through from financing to opening and closing escrow and all the steps in between. Below is a general timeline of items to be…
Read More6 Things to Consider in a Rising Interest Rate Environment
Now that interest rates are on the rise and inflation is at 40-year highs, there are many concerns in the commercial real estate industry. The Feds are raising interest rates in an effort to curtail inflation – but this quick reaction is causing worry among investors. The Feds indicate that Interest rates are expected to…
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