If performing due diligence for a commercial project site is analogous to preparing for take-off, then the Environmental Site Assessment (ESA) is part of the aircraft check that gives the green light to fly. An ESA’s purpose is to identify potential contamination in the soil and groundwater before purchasing the land. Its findings can either […]
WHAT MAKES ENVIRONMENTAL ANALYSES IMPORTANT? Read More »
When investors first learn about the option of investing in syndications through online crowdfunding websites, they frequently wonder how they differ from Real Estate Investment Trusts or REITs. An equity mutual fund is a good analogy for a REIT. An equity mutual fund can pay a manager of the fund money to make investment decisions
REIT FACTS YOU MUST KNOW Read More »
Simply put, tax reforms and other changes have an impact. How much profit is taxed on commercial real estate properties? As a result, it’s critical to be aware of any tax benefits that derive from the sale of a property to gain more control over significant capital gains. Tax burdens reduce by using strategies such
4 FACTS TO UNDERSTAND TAX DEFERRALS FOR INVESTMENT PROPERTIES Read More »
If the Phase 1 Environmental Site Assessment (ESA) for a single-tenant build to suit identifies any likelihood of contamination in the soil, groundwater, or a vapor intrusion condition, then ordering a Phase 2 ESA is the smart next step to investigate further. ESAs in Phase 2 (Sub-Surface Environmental Testing) Phase 2 ESA’s goal is to
4 MOST EFFECTIVE TIPS DURING PHASE II ENVIRONMENTAL ASSESSMENTS Read More »
When you read those lists of the “wealthiest people in the world,” you should notice a pattern: most of them are involved in commercial real estate. Investing in real estate provides some of the highest returns. “If you don’t know your numbers, you don’t know your business,” says Marcus Lemonis, self-made millionaire CEO of Camping
6 MUST KNOW STAGES OF PURCHASING CRE Read More »
The entitlement process has always been complicated, time-consuming, and frequently expensive. However, understanding what can be done with a piece of property is essential for determining the real estate feasibility of your project. The land entitlement phase, generally regarded as the riskiest, is a process by which the development entity obtains the legal right to
CHALLENGES AND DIFFICULTIES OF LAND ENTITLEMENT Read More »
What exactly is value engineering? Value engineering investigates and compares alternative means, methods, and materials to initial construction costs. It’s also important to consider the impact on future costs when building to suit. This commercial real estate development stage is used to solve problems and identify and eliminate unnecessary costs. But this method isn’t just
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With the economy on solid ground and remarkable recovery from the Great Recession, it’s no surprise that the Fed has tightened monetary policy over the last year. At its September meeting, the Federal Reserve raised interest rates for the third time this year, bringing them to 2.18 percent. Even though rising interest rates tend to
IMPACTS OF RISING RATES ON CRE Read More »
As part of our effort to deconstruct the value of hiring various professionals (such as general contractors or architects) to assist in the development process, let’s take a look at a profession that has been critical in nearly every aspect of the built world: civil engineer. Hiring a good civil engineer is essential for the
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When finding a location, you may already be familiar with the fundamentals of the site selection process in build-to-suit development. However, as technology and data become more sophisticated, your approach will need to become more detailed. “The goal is to turn data into information, and information into insight,” former HP CEO Carly Fiorina said. Here
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