Investing in Multi-Family Housing 4 Things You Should Know… What is Value Add Property? Everyone is clamoring for a “value add” property. A value add property is a multi-tenant property that is not at 100% capacity. This provides an opportunity for an investor to purchase a property for a little less, fill the vacant space …
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 …
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 …
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 …
Read moreSteps to a Successful Commercial Real Estate Transaction
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 …
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 …