The COMMERCIAL BOARD OF REALTORS – Michigan (CBOR) is proud to bring you Michigan‘s statewide Commercial Property Information eXchange: CPIX. Some agents charge management fees that are far too low; they confuse the work load and work type of residential property against commercial or retail property. By working as a team, LB Commercial Realty is able to offer superior service to property owners, buyers and prospective tenants.
These clients have relied upon us in some of the most challenging and complex real estate transactions in recent years, some of which are listed below. The average Cap Rate on Net Lease Properties might not be attractive for some Investors therefore Distressed Commercial properties may offer more zing.
Commercial property values have fallen more than 40 percent since the beginning of 2007. Vacancy rates in the office sector are forecast to decline from 16.5 percent in the first quarter of this year to 16.0 percent in the first quarter of 2012. A significant wave of commercial mortgage defaults would trigger economic damage that could touch the lives of nearly every American.
The Commercial Property Investor can do this with basic initiatives, for example maintenance or marketing of vacant commercial space. Real Estate allows an investor to own a direct investment versus stock providing independent control of their choices. I recommend it as a good read for investors to better grasp factors beyond yield and capitalization rates to consider when purchasing retail properties.
Loan risks for borrowers and lenders fall into two categories: credit risk and term risk. Finding direct investments is straightforward: Commercial real estate firms like those listed above all have a range of listings nationwide. If you already have a property or multiple properties you want to rent out to tenants, property management companies can work to find you tenants that are interested, and they will manage those tenants as long as they are renting out your property.