The Downtown market is off to strong start! As I and the rest of the brokers on my team all live in Downtown’s Olde Town neighborhood, the Central Business District is near and dear to our hearts! It’s great to see so much excitement around the growth downtown, and to hear and be a part
For investors looking for a long-term steady source of income with minimal risk, a triple net lease offers a promising prospect. Unlike double net leases, which require tenants to pay some degree of the rented property’s maintenance costs, real estate taxes, fees, and property insurance, a triple net lease requires the tenant to pay all
Sale of Checker’s Drive-In For Oregon-based real estate developer Michael Pearson, it was the perfect storm. For nine years, he’d owned an investment property in Augusta, GA—a Checker’s Drive-in restaurant with about $415,000 of 1031-exchange deferred taxes on it. The tenant, Star Chain, was a longtime 27-unit Checkers franchisee that had recently declared bankruptcy because
In a commercial real estate transaction, a seller can leave a lot of money on the table if the buyer is well represented and they are not. Worse still, the seller may look to the buyer’s broker for advice and mistakenly believe that they are being represented and receiving advice that is in their best
https://www.youtube.com/watch?v=yFkVA2qSvOY&feature=youtu.be For commercial and multifamily investors, no two documents are more fundamental to understand an investment than the Rent Roll and the Operating Statements. We will be studying the rent roll, looking at some case studies, and hopefully improving our due diligence process. So what exactly is a rent roll? A rent roll is
Historic Tax credits are incredibly complex instruments. They can be used to make historic renovation projects feasible that otherwise would not make financial sense. They can be coupled with other programs such as the opportunity zone program or enterprise zone programs. This article will cover some of the basics and provide links to helpful resources.
John Eckburg, Domino’s Pizza franchisee, was considering what to do with his North Augusta, SC location. It wasn’t performing as well as it had in the past, and he wondered if he needed to move it. It was straddling two different markets, and it wasn’t clear which way to go. The shopping center it was
