Jim's Real Estate - Finance Blog

Thursday, February 7, 2013

CCIM Luncheon 3/6/2012 featuring Dave Porter of Austin Chamber of Commerce

"2012 Update by Austin Chamber"
Networking Luncheon & Presentation

Presentation by:
Dave Porter | Senior Vice President, Economic Development, Austin Chamber of Commerce

Topic of Discussion:

How Austin fared against rival cities, dispelling the myths surrounding the use of financial incentives and what the Chamber hopes to accomplish in 2013.

LUNCHEON PARTNER:

VISIT OUR WEBSITE FOR MORE INFORMATION ABOUT OUR CHAPTER: WWW.CCIMTEXAS.COM

WHEN
March 6th, 2013 - Wed
11:30 - 1:00

WHERE
Westwood Country Club
3808 W. 35th Street
Austin, Texas 78703

DETAILS
Registration deadline is Friday, March 1, 2013 @ 5:00 pm.

Cost is $35 for Members and $45 for guests/non-members.

Wednesday, February 6, 2013

Need to Purchase Multifamily in Austin

Multifamily Development and Existing Stabilized Assets wanted in Austin, TX

Investment Strategy: Core

Purchase Price: Up to 3M

Min Cap: 6.5%

Click here for our Private Client Acquisition Criteria

Nick Nelson, CCIM

KW Commercial

(512) 906-6757 (business)

(512) 777-4066 (fax)

response@hyperionteam.com

Jim Young

KW Commercial

(512) 531-2946 (business)

(512) 565-7509 (mobile)

jimyoung@kwcommercial.com

Rudy's restaurant sites sell in blockbuster real estate deal - Austin Business Journal

This story regarding Rudy's BBQ use of sale-leaseback illustrates greatly the tool's powerful use for commercial real estate owners. I was involved with a similar "sale-leaseback" transaction of an Ear-Nose-Throat Clinic sometime ago. Key to transactions is making sure that the purchase price, often based in the rental income, is in fact a true "market rent". While tempting to setup a deal with higher than market rent, it leaves the Buyer in a lurch if his/her new tenant ever terminates the lease...

http://m.bizjournals.com/austin/blog/real-estate/2013/02/rudys-restaurant-sites-sell-in.html?ana=e_aus_rdup&s=newsletter&ed=2013-02-06&r=full

Jim Young
512-565-7509
Sent from my iPhone
-pardon spelling-