Point Acquisitions Blog
When buying or selling commercial property, you need to be aware of certain commercial real estate closing costs. These costs add up quickly, so it is important to understand what they are and how they will impact your transaction. At Point Acquisitions, we buy commercial real estate in any condition. If you are selling commercial real estate, contact us before taking the steps in this article, as some or all of these costs can be avoided! In this blog post, we will discuss the most common commercial closing costs associated with commercial real estate transactions for sellers. We’ll also advise…
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Commercial rent abatement is an agreement where a tenant pays less or no rent for a certain period when they start leasing a new space. This deal helps tenants save money as they set up their business, allowing them to spend on things like furnishing the space or stocking up on inventory without worrying about rent. Landlords also benefit from offering rent abatement as it makes their property more attractive, helping them fill vacancies faster. Stable, long-term tenants are valuable, and an initial rent break can encourage businesses to commit to longer leases. In this blog post, we’ll explain how…
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Are you wasting time with your commercial property sale? Knowing the property value is key in commercial real estate (CRE) sales. Accurate valuations give competitive pricing and attract qualified buyers. Successful CRE transactions often lie in the underwriting process. Traditionally, a real estate underwriter evaluates financial details, including cash flows, debt to income ratio, and scrutinizes bank statements and employment history. This examination confirms the financial stability of the potential deal. However, this can take months and when you’re eager to sell, waiting on this process means missed opportunities. With advancements in technology, methods like iBuyer have started influencing the…
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Commercial real estate is one of the most important industries in the world. It is responsible for creating and managing essential assets such as office buildings, shopping malls, and industrial parks. If you’re looking to break into this industry or just want to learn more about it, then you should read commercial real estate books! The best commercial real estate books recommended for anyone interested in the industry, from beginners to professionals, cover many topics. These books offer insights into different aspects of commercial real estate, including investing, management, negotiation, and understanding market trends. Here are the highlighted top 10…
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Though overshadowed by other popular Florida destinations like Miami and Tampa, Jacksonville is an economically diverse city. The strong economy and easy quality of life are some factors contributing to a growing population in the region. The commercial real estate market in Jacksonville, Florida, presents a landscape of stability and growth among evolving economic conditions as of early 2024. In the retail sector, despite a higher turnover, vacancy rates have remained stable, and rental terms have become more favorable for tenants due to a scarcity in new developments and a challenging financing environment. The office market reflects a cautious outlook,…
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What is a ground lease in commercial real estate? A ground lease is a real estate term that is often misunderstood. In its simplest form, a ground lease is an agreement between the landlord and tenant in which the tenant leases the land from the landlord for a specific lease period, a ground lease is usually between 50 and 99 years, or more. The lease agreement will spell out the tenant’s rights and obligations, as well as the landlord’s. A ground lease in commercial real estate is a specialized lease agreement where a tenant rents the land from a landlord…
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If you’re a business owner, you know that finding a suitable space for your company is essential. What if you don’t find anything that meets your needs? That’s where build-to-suit commercial property comes in. This type of construction allows businesses to build their own commercial space explicitly tailored to their commercial real estate needs. Read on to learn more about the build-to-suit meaning and why you might need it! What is a Build to Suit lease? Build-to-suit (BTS) is a real estate term for a property constructed to a tenant’s specifications. The developer constructs the building to meet specific design,…
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Real estate investing can be a fantastic way to make money, as well as a catastrophic way to lose it if you don’t know the red flags in real estate. The last thing any buyer or renter wants is their dream home to become a fixer-upper, but sometimes problems with a given location do not reveal themselves right away. A potential investor’s decisions go far beyond the property itself: other concerns include the property’s history, how it is being marketed and maintained, and the surroundings of the property. If you are considering investing in a property with an aim for…
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The real estate investment landscape consists of seemingly limitless options regarding which properties to focus on and how much to invest in them. One of the fundamental choices presented to a would-be investor is whether it is more feasible to invest in residences created for use by a single-family (“single-family” properties), or residences designed with the capacity to house multiple families, separately, in a single structure (a “multi-family” property.). While both options have their attractive points – investing in single-family homes, for instance, is a more manageable choice for a beginning investor, while multi-family properties may be better suited for…
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What does leverage mean in real estate? Leverage in real estate is taking on debt to increase potential returns. Leverage in real estate can be advantageous when done correctly, but it can also cause great harm if not used properly. Leverage real estate to build wealth works best when you can acquire a loan at a low-interest rate and then reinvest that money into an asset that will generate greater returns than your borrowing costs. What is Leverage in Real Estate Investing? How does leverage work in real estate? Leverage in real estate is a bit different than with other…
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