Amazon To Open Over 250 New Distributions Facilities Of Various Sizes Across The Country In 2021
Online retailer Amazon has kicked off yet another round of large-scale recruitment, with the aim of increasing its fulfillment and transportation headcount by 125,000. The new hiring initiative unveiled on Tuesday is national in scope, though the Seattle-based company is putting special emphasis on 18 states where it’s investing billions in new logistics hubs. The […]
How The Pandemic Changed How We Underwrite Commercial Properties
For the better part of the last 18 months, commercial real estate has been on ice, frozen in place to weather a storm the world is still struggling to understand. The wait-and-see approach can only last so long. As the U.S. economy begins to unfreeze, dealmakers are looking to understand the damage from the thaw. […]
Commercial Real Estate: Buying Versus Building
Few opportunities in life are as fun and challenging as being the owner of a growing small business. As your sales grow you will find your business in a state of transition, quickly adding staff and equipment until at some point the need for a larger commercial space becomes apparent. At that point one decision […]
Commercial Real Estate: Buying Versus Leasing
Most growing businesses will at some point need to either lease or purchase commercial real estate. The decision to buy or lease a commercial property is a critical one and can impact the bottom line of a growing business for years. For companies that need either retail, office, or industrial commercial space; finding the right […]
What Is A Pre-Underwrite?
What is a pre-underwrite? Will it help me win a house in this competitive market? A pre-underwrite is simply submitting your loan information to an underwriter prior to having a house under contract to purchase. With a pre-underwrite, your purchase is not contingent upon loan approval because the loan is already approved. No Surprises in […]
The Benefits Of Tenant Representation
Tenant representation is often overlooked by small business owners when looking to lease a commercial space for their business. Most commercial landlords will be represented by a leasing agent that will gladly show you the space, confirm your financial qualifications, and provide you with lease terms. However, these agents are strictly working for the best […]
Change of Use: Investing in Commercial Real Estate Post Pandemic
The COVID-19 pandemic has fundamentally changed the commercial real estate market. It has changed how commercial real estate will be developed and used. Certain market segments like warehouse space and distribution centers are actually thriving while other segments like retail and hospitality have seen demand drop drastically. It has been noted that the pandemic didn’t […]
State of Commercial Lending……
Because we process through so many loans every month and we are constantly sending deals to numerous lenders every week, I get a real good feel for trends in underwriting. So here is the current state of commercial lending from an underwriters perspective…… SBA- SBA lenders have been steady throughout the pandemic as bailout legislation […]
Commercial Real Estate 2021: It’s All About the Recovery
The US economic outlook is improving as the number of coronavirus cases continues to decline and with the recently passed $1.9 trillion stimulus bill dubbed the American Rescue Plan. As vaccinations continue to be distributed around the country, economic growth is now projected to reach 7%, which would be the fastest rate in nearly forty […]
What Can Commercial Real Estate Expect from the Biden Administration’s Economic Policies?
This is the second in a series about how Biden’s policies will differ from those of the current administration. In my first article, I examined the potential impact of Biden’s expected tax proposals. In this article, I explore the expected spending priorities and regulatory approach, as well as the broader economic climate. Buried under the shocking […]
A Look Back at 2020 and Looking Forward to 2021 for the Atlanta Commercial Real Estate Market
2020 was a year of uncertainty and struggle. Back in January few could predict the multiple crises that would make 2020 a year like no other. In early January the CDC issued travel warnings about a strange new virus outbreak in Wuhan, China. By January 21st the first reported US coronavirus case was confirmed in […]
What a Biden Tax Plan Might Hold for Commercial Real Estate
President-elect Biden’s policies are likely to mark a distinct departure from those under the Trump Administration and, in many cases, won’t be as favorable for the commercial real estate sector. But a full accounting of the expected policies presents a range of plusses and minuses for the industry. In the first of a two-part article, […]