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8 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 Great Things to do in Scottsdale over Super Bowl
5 Great Things to do in Scottsdale over Super Bowl Whether you are looking to start a new business, move the family to a resource rich location or play a few games of golf, Scottsdale, Arizona is the place to be. Some recent reports predict that the Scottsdale Airpark will be home to more than…
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…
Read MoreScottsdale Arizona – A Great Place for Winter Fun
Scottsdale, AZ a Great Place for Winter Fun! In the upcoming winter months and during the holiday season, Scottsdale and surrounding areas will be the home to many wonderful events including: The Arizona Snowbowl – Enjoy S’mores Land, Ice skating and more World of Illumination – World’s Largest Drive-through Light Show Barrett-Jackson Collector Car Auction –…
Read More9 FUN THINGS TO DO IN ARIZONA WHEN THE TEMPERATURE RISES ABOVE 100 DEGREES
GO TO THE MOVIES – There are plenty of movie theaters in the Scottsdale & Phoenix area. MUSICAL INSTRUMENT MUSEUM offers music & craft classes as well as various live music concerts for all ages. Visit the CHILDREN’S MUSEUM – they have plenty of events and DIY ideas ranging from yoga to water bottle bowling.…
Read More3 Popular Commercial Real Estate Loan Options
Interest rates are on the rise since the economy is on the move. Last week the fed raised rates by .5%. If you are considering the purchase of commercial real estate, it is a good idea to look into various loan options to keep the rates and your mortgage payments as low as possible. Listed…
Read MoreSummary of Commercial Real Estate Feasibility Period
When purchasing a commercial property, there is usually a feasibility period (due diligence period) that allows the Buyer to inspect all aspects of the property. The feasibility period usually begins after the opening of escrow. During the Feasibility period, the Seller has a certain number of days to deliver the property information to the Buyer…
Read More7 Reasons driving the Arizona Commercial Real Estate Market
The Phoenix/Scottsdale area real estate market is thriving. Although Covid-19 has seen the loss of numerous small businesses, there are those businesses that continue to do well and even expand. When businesses fail, there is a high demand for the empty spaces. According to Costar, as of October 27, 2021 industrial vacancy rates in the…
Read MoreScottsdale – A Great Place to Work – A Great Place to Live
Scottsdale is a great location to start a new business, lease or purchase commercial space. 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! The Scottsdale area is also a great location for family life – It is close…
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