Ron Koenigsberg, CCIM’s Post

This Title Term is found a lot in commercial real estate. Many retail stores have in their agreements. Did you know this type of clause was found in leases? Tell us in the comments! #HomeSale #HomeSaleSettlementServices #TitleTerm

Dear brokers, operators of free standing buildings and sellers: We need your help 🙏🤲 Zucker Investment Group acquired our 41st property this week and entered our 19th state (PA) and we’re hungry for more. “So what do you guys like to buy?” is a very fair FAQ… Answer (in order of preference): 1. Existing freestanding buildings that one of our operating partners is looking to grow into - we are agnostic if there’s an exisiting business/tenant or if it’s vacant. We’d love to help you or a group you represent grow by being a capital partner. Reach out to Kendall Whitaker or Sam Gagliardi to explain what they are doing with restaraunt and automotive groups specifically as examples. 2. Short term, income producing net lease - not only are we as capable as any group on doing blend and extends given our extensive Rolodex of retailer contacts, we also will purchase these deals speculatively in a lot of situations provided real estate fundamentals and deviation from market rents are verified. 3. Vacant repositioning - our team has had tremendous success in buying vacant buildings, all cash and “figuring it out”. From a vacant bank in OH that Dan Sanfilippo sourced to a vacant Burger King we are working through in Tempe, AZ (marketed by Ed Beeh & Chuck Gibson at SRS Real Estate Partners and sourced by Kendall) and a vacant Party City (marketed by Stuart Fagen) on Long Island, NY. We will also consider high yielding, income producing cash flow and covered land play deals. Brokers- make money 3 ways with us (buy side fee, roll it into the deal, and list side) Operators - grow your EBITDA and store count with little to no money invested Sellers- create liquidity events for your long term plan Maybe we can even make a buck too?! 😜 Comment below if you want to connect or know someone we should be talking to! Thanks for helping us keep the dream alive over here.

‘’How important is the rent roll when buying an existing HMO?’’ - One of our vendors asked me the other day. 🏘 Well... Normally, very! Investors purchasing ready-made HMOs with tenants in situ, are usually looking for a steady return on their capital deployed. 📈 An important step to gauging the return you’ll achieve for a fixed price is by reviewing the full rent ledger data (not just the rent roll), comparing it against existing recurring expenses and creating a rental profit statement for the property. We aim to obtain at least 3 years of historic rental data from the vendors we work with and complete a full review. This is usually really beneficial for not only the potential investor but also the current vendor, as we often find potential to add value in multiple ways, such as: ➡ Highlighting to them that management could be improved.  ➡Replacing an existing tenant with proven repeated arrears to increase saleability. ➡ Evidence that this HMO has potential for continuous income for years from multiple rooms, indicating stable income and a good place for tenants to call home. ➡ Expenses may be reduced. ➡ Rooms are under-rented. Being fully transparent means that any investor that buys with us can have complete peace of mind, and confidence in their decision to acquire, meaning less cold feet ❄ and therefore a better selling experience for the existing landlord too.  If there are skeletons there, it’s important to showcase them, not hide them - they’re often not as big a problem as you might think and there’s always a strategy to remedy them! Has anyone ever experienced HMO sales where the rental income data was of little importance? I’d be interested to learn why! P.s I did NOT graffiti my initials onto the building on the bottom left.... a complete coincidence that I only just noticed when going to post this! P.P.S can anyone recognise this beautiful street in Liverpool? #PropertyForSale #PropertyInvestment #OffMarketProperty #HMOInvestment #HMOProperty #PropertyDeal #PropertyDevelopment #BuyToLet #Landlord #UKProperty #PropertyInvestor #RealEstateInvesting #PropertyManagement #InvestInProperty

SCEF Real Estate Ventures is looking is actively looking for retail deals. Acquisition criteria listed below, please contact me with inquiries. Big Box Redevelopment Sites: 10-50,000sf. (former department stores that have opportunities for pad developments are a plus) Single Net: o       Bank Branches with a maximum of 3 years term left. o       QSRs with a maximum of 3 years term left or can be vacant. o       No options remaining or options at FMV o       Strong site fundamentals o       Above market CAP rates Multi-Tenant: o        Value to be realized through lease up. o         Size: 10,000 - 30,000 sq.ft. o         Below market rents preferred o         Strong retail density in immediate market o         Above Market Cap Rates Location: Mid-Atlantic, Mid-West, Southeast Density: Minimum 20,000 people in 5 miles with $50,000 median household income · Price: $100,000 to $5,000,000 #retailrealestate #shoppingcentersforsale #commercialrealestate

https://lnkd.in/guHYHEED ** Investment opportunity to acquire a Family Dollar in Dallas, TX ** with huge reported sales. The subject property is an infill location with almost 200,000 residents within a 5-mile radius. - 9,180 SF Store with Huge Reported Sales  - Tenant has Exercised 2 Options While Paying Full 10% Increase in Rent - No Request for LL Concessions - Rare Lease Structure - Family Dollar Paying Property Taxes Directly - Current Term Expires July 2027 - 4 (5) Year Options Remain With 10% Increases - Infill Dallas Location With Almost 200,000 Residents Within 5 Miles of Subject Property - Ideally Positioned Adjacent to Large Middle School, Dallas Police Department, and US HWY 175 (50K+ VPD) #commercialRE #CRE #dallastx #commercialsale #callapriltobuy #realtor #invest #buyRE

Who do you know need to buy general retail commercial building in Riverside? Cap rate 6.85% assume triple net lease at $1.25 per Sqft that give you $198,750 Net operating income per year and divide it by $2.9 Mil that give you 6.85% return. Should you park your $ at the bank and earn 5.75% on CD? Or should you add this to your real estate portfolio and hold for 5-7 years to earn both 6.85% return plus future appreciation? The choice is your?

List your property if you are going to sell it. Here’s an example. I have a shopping center with 14 tenants. I can present it to a handful of likely buyers. Some of these buyers are professional funds that rely heavily on CAGR and IRRs and financial metrics that don’t show up in a rent roll and operating statement. I need CAM reconciliations and leases and I need a lot of man hours to put together an analysis that includes every rental increase, every option to correctly project income and expenses over the next ten years. Now why am I going to do this on spec? Why am I going to spend hours and hours on a deal I’m going to present to four buyers with someone who may or may not even sell? I’m not. List your property. #stripcenters #essentialserviceretail

A busy couple of weeks for large multifamily deals in Seattle. After a year and a half with just a handful of small deals in the Lake Union area, sales activity soared back in the second quarter of 2024. This month, a pair of large deals pushed sales volume to one of the highest quarterly sales volumes the submarket has experienced. Timberlane Partners purchased the Stack House apartments and the Supply Laundry Building, an office asset leased by Amazon. The two properties together traded for about $115 million. Meanwhile, Carmel Partners acquired The Chroma apartments, which briefly operated under the long-term stay banner Sentral SLU, for $91 million. Both deals represented a more than 20% loss for the sellers. Nearby in Denny Triangle, The Ivey on Boren traded for more than $300 million, though that appears to be a non-arms length transaction. These deals represent some of the area's most significant multifamily sales over the past six quarters. The article in the link (available to CoStar subscribers) details the Timberlane Partners acquisition.

Dutch Bros Coffee for sale | Brand-New, Build-To-Suit Construction with Dutch Bros’ Latest Prototype Including a Double Drive-Thru Corporately Guaranteed, Absolute NNN Lease (Fee Simple Building and Land) | Zero Landlord Responsibilities Long-Term, Passive Investment | New, 15-Year Lease with 10% Rent Increases Every 5 Years Throughout the Initial Term and Options, Providing an Excellent Hedge Against Inflation | Excellent Access and Visibility from Indian Lake Blvd Which Sees ±18,400 VPD Dutch Bros Holds an AUV of $2mm (2023) | Adjacent to Indian Lake Marketplace, a Publix-Anchored Shopping Center | Ideal Retail Corridor, Walking Distance To: Maple Row Shopping Center | Anchored by Kroger & PetSmart | A Home Depot-Anchored Shopping Center A Walmart Supercenter-Anchored Shopping Center Merchant Pointe | a Marshalls, Michaels, and Five Below-Anchored Shopping Center | A Lowe’s-Anchored Shopping Center Hendersonville High School | 1,558 Total Students Less than 1.5 Miles From: The Streets of Indian Lake | a 58-Acre, 180,000 Sf Mixed-Use Development Anchored by Regal, Barnes & Noble, and Talbots | A Sam’s Club-Anchored Shopping Center | A Hobby Lobby-Anchored Shopping Center | Tristar Hendersonville Medical Center | 159-Bed Hospital Dutch Bros (NYSE: BROS) Went Public in 2021 and Holds a Market Cap of ±$5b | #50 on Technomic’s Top 500 Chain Restaurant Report Dutch Bros Is the Third Largest Coffee Chain in The Us with 830+ Units Across 16 States with A Long-Term Goal of Hitting 4,000+ Stores in The Next 10-15 Years | In Q3 2023, Total Revenues Grew 33% Y-O-Y to A Record $265mm Expects to Open at Least 150-165 Locations in 2024 | See OM or ask agent for more info | Has Opened at Least 30 Stores in Seven Consecutive Quarters Nashville is one of the fastest growing areas in the U.S. | Top 10 “homebuyer migration destinations”, according to Redfin | In 2022, about 98 people moved to the Nashville area per day | #1 all-around best market to invest in for 3rd consecutive year (Urban Land Institute and PWC) https://lnkd.in/giXn3quE

Interesting and valuable information!