The Rise of “Urb-Suburbs”

We tend to think of urban and suburban areas as completely different from one another. One is filled with skyscrapers and crowds, and the other is filled with picket fences and barbeques. However, 2020 has seen the boundaries between these two areas blur. This grey area has created new neighborhoods called “urban suburbs”, or “urb-suburbs” …

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Shifting Demographics to Shape CRE

Millennials recently outnumbered Gen X and Baby Boomers as America’s largest generation. This kind of demographic shift has major implications for commercial real estate. Trends show that younger-age demographics want to settle down in suburban communities in order to escape city life. However, they are not the typical single-family home and mini-van suburbia that immediately …

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Rethinking Flexible Space

Rethinking Flexible Space in 2020 and Beyond Commercial real estate is constantly being shaped by the latest trends. It seems like standards are always changing and tenant demands are frequently shifting. This can make it difficult for CRE professionals to plan their long-term strategies. While CRE is an industry that requires everyone to stay on …

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Consider a Seller Note

Often when selling your business or your commercial real estate, one of the challenges is the ability of a buyer to obtain financing to fund the acquisition. Perhaps the buyer is coming up cash short or traditional bank financing is unable to cover the full asking price and the required LTV (loan-to-value) ratio. This situation …

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Opportunity Zones

What are Opportunity Zones? An Opportunity Zone is an economically-distressed community where investors can earn preferential tax treatment for pouring capital into it. Post-recession, some communities simply did not recover and these particular communities have become opportunity zones. These zones are approved by the federal government and remain opportunity zones 10 years after they have …

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Smart Thinking

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The real estate market is ever-evolving and it can be challenging to stay on the cutting edge, especially when it comes to technology. Yet technology is all around us and it affects the way we do business – our culture, efficiencies and client interactions. Overall the real estate industry has been slow to embrace change, …

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Designations in Commercial Real Estate

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When it comes to trusting someone with one of your largest assets, commercial real estate, it is imperative to choose the best professionals and firm. Professional designations are much more than acronyms at the end of a name. These prestigious credentials showcase expertise and experience within the industry. Brokerage CCIM stands for Certified Commercial Investment …

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What Does NAI and Cressy Mean?

What does a brokerage affiliation mean? Our firm, Cressy Commercial Real Estate recently announced our new global affiliation with NAI Global, creating our new brokerage division, NAI Cressy. What does that mean, and why does it matter? Our new commercial real estate partner, NAI Global is the single largest, most powerful global network of owner-operated …

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Steps to a Successful Commercial Real Estate Transaction

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Successful commercial real estate closings do not just happen, it takes an experienced team to pave the way for a smooth transaction.  Which is why at Cressy Commercial Real Estate we have implemented a process that walks our clients through each step of the transaction, from contract signature to the moment when the final documents …

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Is Now the Time to Sell Your Small Business?

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2017 saw a record number of small businesses being sold. According to leading sales website, BizBuySell.com, 9,919 small businesses were reported sold in 2017, a 27% increase over 2016. The increase in sales volume can be attributed to the steady improvement in the economy, sales growth and increasing profitability of small businesses. Since an owner’s cash …

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