I’ve witnessed a paradigm change in the ever-changing world of global commercial real estate (CRE) brokerage that has entirely transformed how the industry operates. In particular, CRE marketing techniques have undergone a substantial transition, as evidenced by an increase in content development, increased branding efforts among CRE agents, and an unanticipated growth in video content output. These trends, which were initially more prominent among mid-sized and smaller organizations before to the epidemic, have acquired even more traction since the outbreak, with larger firms now embracing ..read more

The process of setting the rental rate for a property is not as straightforward as one might think. It involves taking into account a multitude of variables that ultimately affect the final figure. Whether you’re a tenant seeking a new lease, an investor looking for a new opportunity, or a developer looking to maximize returns, understanding the determinants of rental rates is crucial. Let’s delve into the myriad factors that play a crucial role in the establishment of rental rates. Physical Factors Construction Costs When a developer or initial landlord builds a property, they take on signif ..read more

MDL Group Announces New Leadership Team Alignment Las Vegas, NV – MDL Group, a leading Las Vegas-based commercial real estate firm, is excited to announce its new leadership team alignment, effective April 1, 2024. This leadership structure will allow MDL Group to continue to provide exceptional commercial real estate brokerage and property management services and maintain its proud employment culture that values inclusion as well as individual opportunity and empowerment. Under the new leadership alignment: Hayim Mizrachi, CCIM, serves as CEO, Broker and Principal Jarrad Katz, CC ..read more

In the ever-evolving industrial real estate sector, successful transactions hinge on expert market knowledge and strategic marketing. The sale of the warehouse at 2063 University Pkwy in Aiken, SC, exemplifies this approach. The Client’s Challenge The owner, impacted by shifts in manufacturing and market dynamics including COVID-19, was left with an underutilized Class-A warehouse facility. Recognizing the potential to leverage this asset, the client sought to capitalize on the favorable market conditions. Strategic Approach Our team conducted a detailed valuation, taking into account local a ..read more

Back in May 2023, I posted an article on the Florida state sales tax on commercial rent. Florida is a unique state in many ways. But one lesser-known fact is that we are the only state that charges sales tax on rents for commercial real estate. But as of March 31, 2024, it is official. The State Unemployment Compensation Fund has exceeded the pre-pandemic level of $4.07 Billion which triggers a reduction in the State sales tax on rents from 4.5 percent to 2 percent effective June 1, 2024. In Miami-Dade, Broward and Palm Beach Counties, where I work, there is a 1 percent surcharge, so my clien ..read more

  In today’s economic climate, where interest rates seem to change as often as the weather, understanding the impact of leverage on commercial real estate investments is more crucial than ever.  However, with the right tools and knowledge, investors can navigate these turbulent waters and thrive. One such indispensable tool is TheAnalyst PRO software platform, which offers a comprehensive solution to analyze and demonstrate the power of positive leverage. The Importance of Leverage in Current Times  Leverage, the use of borrowed capital to increase the potential return o ..read more

Local Spotlight: Orlando’s Job Market Heats Up Orlando has been identified as one of the new hot spots for jobs in the U.S., experiencing significant growth especially in tech and service sectors. This uptick in jobs is boosting demand for both office and retail spaces, marking a promising trend for local commercial real estate. Investors and businesses may find burgeoning opportunities in the region’s expanding economic landscape. [Read more about Orlando’s job market](https://www.wsj.com/articles/new-job-hot-spots-phoenix-orlando-albuquerque-11672609861)  National News: Puzzling Trends ..read more

Success on the internet continues to be determined by how many eyeballs are attracted to your content. My mission is to produce quality original content related to commercial real estate. I try to post my thoughts in cyberspace on a monthly basis. I post them on my blog, distribute them to my social media followers and email them to a list of around 1,000 clients, colleagues and friends. But what generates clicks on the internet? My most popular post appeared online on April 20, 2020. I gave emphasis to the 4/20 date which seems to have some significance. The article was entitled CBD vs. CBD ..read more

Getting hired by a commercial real estate brokerage can be a competitive process. Here are five steps to increase your chances: Licensing and educational background: Although having your license before interviewing is always an advantage, many employers will be pleased to chat with you if you have your test date set. Additionally, a bachelor’s degree in business, finance, real estate, or a similar discipline is preferred by many commercial real estate brokerages. A solid educational foundation can help you stand out. Create a Strong Resume: Emphasize relevant skills: Customize your CV to h ..read more

Corporate Transparency Act Compliance – Obtain your FinCEN ID NOW The Corporate Transparency Act (“Transparency Act”) is a new federal law that went into effect on January 1, 2024.  It applies to most privately held companies (each, a “reporting company”)[i], especially those typically used for commercial real estate investment and most small businesses. There are exceptions but they are limited. Failure to comply exposes you to fines and criminal liability, including possible jail time.             The Transparency Act is administer ..read more