Archive for January, 2009

Workspace strategies

Here’s an interesting article on alternative work spaces…..With the face of the company workspace changing and with technological advances, employees are no longer chained to a desk within the confines of an office.  Companies are becoming less beholden to an actual physical space.  That said, commercial landlords would do well to provide/allow for flexibility within [...]

Fair Pay!

With the recent signing of the Lily Ledbetter Fair Pay Act by President Obama, apartment owners, along with other employers, would do well to review not only their pay structures, but also all administration and policies to ensure that any inequities are corrected and comply with the new law.  The Fair Pay Act allows employees [...]

Do Your Homework

If apartment owners want to achieve high returns on buying debt on distressed properties and projects, they need to do their homework so they well know what they’re getting into and what these transactions offer.  “Most people who currently have debt maturing and who have had debt on those properties for a very short period [...]

Orange County Apartments

Even with the current economy, Orange County apartment values have remained high.  Why not?  It’s a beautiful place to live, unending coast line, the ocean, sunshine, the luxury lifestyle.  What’s not to love?  For buyers looking for opportunity, acquiring distressed multifamily assets at bargain prices may well be in the investment waters of Orange [...]

Appealing to Gen Y Renters

Here’s a living concept whose time has come…the Generation Y demographic. Upwardly mobile, recent college grads want amenities and necessities such as game rooms, computer labs, coffee bars, fitness rooms, and laundry facilities.  Catering almost exclusively to these residents, developers are blending together in great room concepts where students could live, work, and most importantly, [...]

Blueprint for 2009

Even though we’re into February, it’s still not too late to make some good new year’s resolutions.  Here’s some I came across that bode well for good business, that are well worth making and following though.  I especially liked the honesty of the first one.  While many employees fear their losing their jobs, honesty is [...]

Cost Segregation and other tax saving words

Lately I’ve been hearing more and more commercial property owners are taking advantage of cost segregating their real property. This strategy can have significant tax benefits, so I encourage you to get hold of Susan Nichol with Commercial Property Consultants if you are exploring this avenue.
Enter Susan Nichols, a savvy commercial property investment advisor.  Her [...]

CCIM NoCal Chapter meeting, Pleasanton January 13, 2009

Click the title for the full message.
Business coach Paul Kingsman (www.PaulKingsman.com) was our mentoring speaker and certainly left a memorable impression on the minds of those present. His message was that great rewards do not come easily or quickly and gave inspirational notes to stay on course and avoid distractions. Paul Kingsman should know, he [...]

CCIM NoCal Chapter meeting, Pleasanton January 13, 2009

Click the title for the full message.
Business coach Paul Kingsman (www.PaulKingsman.com) was our mentoring speaker and certainly left a memorable impression on the minds of those present. His message was that great rewards do not come easily or quickly and gave inspirational notes to stay on course and avoid distractions. Paul Kingsman should know, [...]

Investors & Owners: Helping You With the Numbers

Something I’m often asked about by those I mentor and by investors is how I setup the calculations for accurately determining commercial real estate investment decisions.
Short of telling you to take the CCIM courses to learn everything you need to know in commercial investing, reading this article by Donald J. Valachi found on the Commercial [...]

Commercial Real Estate: Advice for 2009

I agree with some ‘best advice’ tips noted in Commercial Investment Real Estate’s Jan/Feb ‘09 issue.

“Invest in publicly held REITs - they will lead the recovery.”
“Focus on 24-hour coastal cities: Seattle, San Francisco, and Washington, D.C., are the top three investment markets.”
“Buy or hold multifamily, hold office and hotels, and buy residential building lots, but [...]

Smart Buyers Can Come Out Ahead By Executing a Value Play on an Apartment Purchase

A great article I read in Units magazine (Nov 2008 issue) sums up the key mistakes to watch out for in order not to come out upside down on an attempt to accomplish a value play on a multifamily purchase.
If a prospective property is able to be purchased at a discount compared to current market [...]