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...
South Bend & Mishawaka 2017: A Year of New Construction, Expansion and Renovation
Whether commuting to work, walking your dog through Mishawaka’s Beutter park or riding your LimeBike on the new Smart Streets in Downtown South Bend, you have certainly noticed commercial construction activity...
Looking for a Change? We've Got You Covered!
The real estate industry has historically been an occupation of choice for those seeking a flexible schedule and the chance to utilize relationships to build a career. The industry is romantic and allows people with a penchant for service to support entrepreneurs who are looking to build their dreams or to work with families to find a home. But not everyone is cut out for this line of work. What does it take to be successful in real estate?...
Why Property Management = Financial Success
Whether you own one property or a portfolio, having an experienced property management team on your side is critical for your asset’s financial success.
Here are several key components you should look for in your property management team...
Change is The Only Constant
Long ago, (as some of us might remember) downtowns were the heart of a city, with a strong beating sound of people, shopping, banking, living, entertainment and activity. The economic model changed over the years, downtowns weren’t the go to place anymore, instead sprawling suburban developments featuring one-stop shopping and convenience took over...
A New Generation of Marketing
While working through ideas for this article, one thread seemed to be consistent in my mind, “Time changes everything… or does it?” Millennials won’t remember the unique advertising campaign launched by Burma-Vita Company for their Burma-Shave shaving cream. This family-run business based in Minneapolis, was a pioneer in U.S. outdoor marketing...
Michigan's New "Green" Industry
For the past decade or more, green industrial buildings have been a goal of developers and owners who want to reap the rewards of green technology. Lower operating costs, higher efficiency and less pollution are just a few of the benefits these industrial buildings offer.
Michigan joined into the ranks of medical marijuana states in 2008...
Purpose Before Profit
Back in 1978, a twenty-five year old college dropout by the name of John Mackey and a twenty-one year old Rene Lawson Hardy scraped enough capital together to open a small natural foods store in Austin, Texas...
Successful businesses have processes in place that review their progress from the previous year, forecast needs and strategies for the years ahead. These meetings cover areas such as the current workforce, products, service offerings and expenses. The real estate strategy should be covered in these meetings, if not on a semi-annual or quarterly basis...
Interested in Buying REO Property?
The acronym REO stands for “Real Estate Owned” property. “REO” describes a class of property owned by a lender—typically a bank, government agency, or government loan insurer—after an unsuccessful sale at a foreclosure auction...
Driving Your NOI
As a Property and/or Asset Manager (Manager), we are constantly striving to ensure the highest NOI for every asset within our portfolio by maximizing revenue and minimizing expenses. NOI (Net Operating Income) is a term used to determine the financial health...
Architecture and 3-D Technology
Gone are the days where clients make design decisions solely based on the architect’s tried and true methods of communicating ideas. Floor plans, sections and elevations have been used by architects to convey design intent for centuries....
Funding Your Business Acquisition
Unless a business buyer is strapped with excess cash or has the financial backing of a strong and willing investor, funding a business acquisition can be a risky and stressful venture. Typically, small business acquisitions and start-ups are funded through loans from banks....
Transportation, Distribution & Logistics
The Transportation, Distribution and Logistics (TDL) market sector and Manufacturing market sector stretching from the far west side of South Bend to the east side of Michigan City, even over to the far NW Indiana area has seen a significant growth in real estate inquiries and leasing activity or building activity over the last year and a half, especially in recent months...
4100 Edison Lakes Parkway, Suite 350
Mishawaka, IN 46545
South Bend, IN: 574.318.0996
Elkhart, IN: 574.294.2050