Dec
30
Heartland Real Estate Business magazine is a great monthly real estate publication. They highlight a variety of relevant commercial real estate stories, including transactions, market profiles, industry news and trend stories. So when they came a'knockin last month, asking if I would write a summary piece on Cleveland's retail ...
Dec
1
Real estate investors are a finicky breed, especially when it comes to analyzing a real estate investment deal. Some will go into great detail - analysis paralysis as I like to say - while others will give the numbers a quick once-over and go with a gut feel. But regardless of the approach, all have some type of return threshold or requirement as a target. In this month's Financial Strategies column of Properties Magazine, we will review some of the ...
Nov
21
Considering the seemingly endless steady stream of dismal news and dramatically reduced activity levels over the last 3 years, the Cleveland investment market could use some good news. And it got just that in October. The total sales volume was healthy, including a mix of small deals and larger deals, across a range of product types. There were several 'market' investment sales, as opposed to the dearth of distressed sales that have dominated the ...
Oct
25
In last month's Properties Magazine, we introduced the overall concept of Time Value of Money. There are six methods associated with TVM, called the six functions of the dollar. The first three are compounding functions, moving money forward over time, and these were covered in the September issue. The last three are discounting ...
Oct
4
In this month's issue of Properties magazine, we introduce the sometimes mysterious concepts associated with compounding and discounting. Although these concepts can be a bit daunting, they can also be extremely helpful to a real estate investor. With a little help from Rod Stewart, we take the mystery out of these concepts, which are ...
Sep
9
The story of Apple is amazing. Founded by three guys in 1976, the company enjoyed great success in the 1980s, went into the doldrums in the 1990s but then skyrocketed in the 2000s. Apple, its products and its culture are the subject of countless blogs but I am compelled to make a couple entries, for one simple reason - I'm a convert. ...
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Aug
29
I've always been a fan of auctions. Maybe its the thrill of the chase or the idea of getting a deal or maybe it's just the whole vibe of the auction house. But whatever it is, I like them. One of my favorite auctions is a classic car auction in Auburn, IN that occurs each year over Labor Day weekend. It's always a great time, particularly since it combines a live auction with another passion of mine - classic/collectors cars. While attending ...
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Aug
24
Real estate valuation is certainly a little bit of art, a little bit of science and a lot of speculation. Everyone has their own 'method to their madness'. But the beauty is that, despite what everyone thinks, the only opinion that matters is the end buyer. When the announcement came earlier this summer that 200 Public Square (formerly known as BP Tower) was going up for sale, the immediate question was 'what is it worth?' This month's Financial ...
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Aug
12
In this month's Akron-Canton Smart Business, SB Equities own Bill Sadataki talks about many of the factors and influences that affect a real estate investor's decision process. A focus of his conversation centers around the industrial park located at CAK, which will soon be unveiled as Port Green at CAK. In the article, Bill discusses concepts such as access to primary transportation arterials, labor supply and overall market appeal. To read the ...
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Aug
8
Although there has clearly been an increase in activity over the first half of 2011, the commercial real estate market continues to be a battlefield. In this month's Properties magazine, we take a look at some of the emerging trends in the Cleveland real estate market. And as you will see, there are certainly a lot more people looking for a fight than actually in one. To read the article, click here. ...
