value add: Real Estate is Worthless!
- 01/27/11 12:04 PM
No really, real estate is actually worthless. I'm sure that this might sound strange coming from someone who sells commercial real estate for a living. Does this mean that I've been tricking investors for years now? Nope. It just means that today I'm going to use that minor in philosophy that I earned in college. This is going to sound a lot like the old "if a tree falls in the woods and no one is around to hear it..." paradox. For example, what would you pay for a 1,000,000 SF class A office tower on Mars? My guess is not … (6 comments)
value add: Core, Core Plus, Value Add, and Opportunistic - 4 Commercial Real Estate Strategies
- 01/10/11 02:01 PM
As I mentioned in an earlier post, there are lots of terms used by commercial real estate investors that often confuse or intimidate novice investors. I promised to define some of these terms in occasional blog posts. Well today is your lucky day, because I decided to define four related terms: Core, Core Plus, Value Add, and Opportunistic. These are the four investment strategies, and most commercial real estate investors will focus one or two of these strategies when investing. Core:These are fully stabilized properties with credit quality tenants on long term leases. These investments are well located in primary and secondary markets. … (1 comments)
Commercial Real Estate blog discussing investing, selling, and leasing retail, office, industrial, residential, mixed-use, hospitality, self storage, and other commercial real estate in the greater Reading, PA market.
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No really, real estate is actually worthless. I'm sure that this might sound strange coming from someone who sells commercial real estate for a living. Does this mean that I've been tricking investors for years now? Nope. It just means that today I'm going to use that minor in philosophy that I earned in college. This is going to sound a lot like the old "if a tree falls in the woods and no one is around to hear it..." paradox. For example, what would you pay for a 1,000,000 SF class A office tower on Mars? My guess is not … (6 comments)
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