Right of First Refusal As Tenant. What happens at Auction Sale?
Reddit - Commercial Real Estate
by /u/MakeOSUGreatAgain63
2h ago
I’m about to lease an old building (1960’s Class C Retail) that I have intentions of buying. Seller is elderly person using rent collection as “fixed income” and retirement supplement. Elderly person is current owner. Plans to give building to children at death via stepped-up basis to avoid taxes. Children do not plan on holding, they want to sell. They do not like being property managers (at least they say so far). Building was previously national tenant that went dark due to crime and theft. I am backfilling myself at about 70% of their rent rate. No TI. Will spend $80k in upgrades and $300 ..read more
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Commercial Office Space Leasing in Bannerghatta Main Road Bangalore India.
Reddit - Commercial Real Estate
by /u/RealtyWorldIndia
2h ago
Ready to take your operations to the next level? Look no further than Salarpuria Infinity, situated strategically on Bannerghatta Main Road. Enjoy the perks of a prime location, with sizes ranging from 8000 to 28000 sq.ft., modern facilities, and ample parking space. Contact Realty World India at ? +91-9916255610 to explore this incredible opportunity further. Don't miss out on the chance to unlock your organization's potential! #OfficeSpace #Bangalore #BusinessExpansion #CorporateSpace #OrganizationSpace #PrimeLocation #ModernFacilities #CommercialRealEstate #ExpansionOpportunity #MetroStati ..read more
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CCIM, CPM, what's next? How do I get into my first deal?
Reddit - Commercial Real Estate
by /u/Ok_Pair7475
8h ago
Title says it all. I am 27, working in happily Mortgage Lending (LifeCo) after a stint Asset Management (where I got my CPM) and I guess I am wondering what I do next. I am working on my MBA right now as well but once that is done I am really just wondering how the hell I raise/save/get cash for that first deal!?! That's the question that's always eluded me. I have all this education, “all” this experience and these designations but how do you get together the cash to get into your first deal, and how big was your first deal? What should I be looking for? Who should I be looking to? I recentl ..read more
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Anyone ever bought a county owned property? Light industrial property
Reddit - Commercial Real Estate
by /u/Tkfit09
8h ago
I came across a small bay industrial site and it appears that the county owns the property. I'm curious if anyone has ever purchased from the county and what that process could look like? submitted by /u/Tkfit09 [visit reddit] [comments ..read more
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Is it a mistake to go to MBA with hopes of getting an associate job?
Reddit - Commercial Real Estate
by /u/excelquestionf1112
9h ago
Alt account. I have several years of work experience and have worked in real estate as well on an investment team. My entire team got laid off and so I recruited for new jobs and also applied to business school. The job search was brutal with basically no openings even at the analyst level, let alone associate roles. I just got in to a Top 15 mba and got almost a full ride. I read the MBA forum and their sentiment is awful and they basically say that real estate jobs are non existent, but I can’t tell if that’s because they are more focused on traditional mba paths. So what from here? I can’t ..read more
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Is it worth it for me to join the NAIOP in Toronto chapter?
Reddit - Commercial Real Estate
by /u/disturbtheuniverse19
12h ago
Hi everyone, I work in operations for a lender in Toronto but I want to get into underwriting. I was recommended the A.CRE course and plan on taking soon. If I join NAIOP, it will be as a developing member and I'll have to pay the fee myself. Is anyone here a member of the Toronto chapter? Is it worth the membership fee for someone in my situation? submitted by /u/disturbtheuniverse19 [visit reddit] [comments ..read more
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Commercial Rent - What’s the additional rent average for Vancouver, BC
Reddit - Commercial Real Estate
by /u/iloveplants38
13h ago
Commercial property question: Wondering if $19 per sf for additional rent is average right now. For reference the space is in White Rock, a suburb of Vancouver BC, and the minimum rent is $34 per sf submitted by /u/iloveplants38 [visit reddit] [comments ..read more
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How do those of you at medium to large firms handle things such as LLC management, title insurance etc across your portfolio?
Reddit - Commercial Real Estate
by /u/Grav3y57
13h ago
Hey all, I am currently investigating the pain points around managing medium to large commercial real estate portfolios and I'd love to hear what the current tools / solutions are to manage things such as title insurance, LLC formation, compliance etc. It seems to me like there is some opportunity to streamline these things so I'd love to hear any current pain points that you all have. If this sounds like something that would be valuable to you or your business I'd love to chat. submitted by /u/Grav3y57 [visit reddit] [comments ..read more
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Should I move my license to CBRE? 6 Years in Brokerage
Reddit - Commercial Real Estate
by /u/DoubtSmart2572
15h ago
I have an opportunity to be a broker at CBRE. I have been at my current firm for 2 years and another firm before that for 6 ( I was doing property management there as well so I didn't have the typical growth curve). The firm I'm at now is mainly residential and the largest in our market by about 10x. They give me a lot of leads, the culture is great, the splits are great, and I think in another year or two it will continue to be a great referral source. There are so many residential agents here and majority of their referrals come to me. But CBRE just proposed me coming over to them. I live i ..read more
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Best cities in Georgia or South Carolina for investment?
Reddit - Commercial Real Estate
by /u/Both_Win9280
16h ago
I’m looking to get into the multi family markets in South Carolina or Georgia, but I’m not a local to the states. Which cities/areas do any locals/investors recommend I look into for long term appreciation? I was exploring Savannah, GA but I’d love to hear feedback from people who are more familiar with the states. submitted by /u/Both_Win9280 [visit reddit] [comments ..read more
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