While the commercial real estate market in Denver peaks, the market in Grand Junction nears a top that could last another year or two. Here’s an “in the trenches” look at what’s happening locally. While sales and lease transactions are beginning to slow, the total dollar volume rises slightly. The spring commercial market will tell […]
First, a sincere thank you to those who buy, sell, manage, invest and operate their businesses in real estate. That’s what helps me and my peers make a living. When sharing advice about commercial real estate, I never underestimate the value of a good quote — of a different kind. Here are some to consider. […]
Real estate professionals, accountants and financial planners are often asked about holding real estate as a portion of investor assets. As an asset class, real estate has performed well over the past 90 years. But stocks and bonds have retained the edge in retirement holdings primarily because a ready market exists for the quick disposition […]
What makes a property challenged? A property might be challenged if it’s been left in disrepair, has a weak or non-conforming tenant or is located in a less-than-desirable area. A property also could be challenged if it’s physically obsolete, making it difficult to lease for a good return or sell. Perhaps a property has sustained […]
“Under all is the land. Upon its wise utilization and widely allocated ownership depend the survival and growth of free institutions and of our civilization.” So reads the opening words of the preamble to the Realtor’s Code of Ethics and Standards of Practice. Consider, too, a quote attributed to Mark Twain: “Buy land. They’re not […]
Now that residential and commercial investments in the Grand Valley have experienced an upturn, is it time to pull some money out of the stock market and invest in additional real estate? It depends. Any investment decision should be based on answering five important questions: How long will I be able to invest these funds […]
How does an airport affect commercial real estate? I was reminded of that question recently when I flew to Granby to put together a land deal for a client. I thought to myself: If the weather’s clear enough, I could make better time flying to Granby from Grand Junction than I could leaving early, driving […]
“I’m looking for a solid single-tenant, NNN investment property at a 10 cap.” “You know what they say, location, location, location.” “Buy and hold. There’s never a good reason to sell.” “I buy only in the foreclosure market. That’s where the deals are.” “If you don’t have 35 percent down, don’t buy investment real estate.” […]
During the third week of May each year, 35,000 to 40,000 members of the International Council of Shopping Centers gather in Las Vegas to study the latest trends in retail real estate and then attempt to coerce retail developers and their brokers into landing specific retailers for their projects — and vice versa. It is […]
We’ve all heard “the trend is your friend” when investing in stocks and bonds. The adage also applies to investing in real estate. Consider current and future trends to sustain and grow your investments. A good place to begin when considering a trend analysis is to determine what demographics are important for your expected holding […]