You can download the quarterly market update and learn about trending cap rates, pricing and more for all commercial asset classes. Here is a preview of Multifamily:
Jim Young, CCIM
Longbow Real Estate Group
Partner/Broker
512-565-7509
@jimyoungCRE
Subscribe To
Posts
All Comments
Tuesday, August 11, 2015
Business Analyst Online: (BAO)
At CCIM training in Chicago, learning about:
Business Analyst Online (BAO). It now has mobile feature AND a full feature APP for tablets/iPads. Full feature functionality while on your mobile device or tablet.
Business List:
Type in an entity/tenant you want to research, , like "CVS" and the County, which pulls up a list. The list shows all the CVS sites within a given search area, had contact info and even sales volume estimates.
Express Reports:
More to follow, but pre-loaded reports make easier for user to present on Self-storage, Multifamily, retail and more.
Our Central Texas CCIM Chapter will be hosting a class on how you can use Site to Do Business's Business Analyst Online (BAO)'s tools to make more money for your commercial business. Date is not finalized but likely November 2015. This is open to to all--you don't need to be a CCIM to attend. You may find these tools valuable to your business, and consider becoming a CCIM Candidate to access to this service which is free with your CCIM candidates/Designees.
Jim Young, CCIM
Longbow Real Estate Group
Partner/Broker
512-565-7509
@jimyoungCRE
Thursday, August 6, 2015
Downtown Austin Office for Sublease
919 Congress | Austin, TX 78701
919 South Congress boasts office space just blocks from the Capitol on the 11th floor. The building offers lobby access, secured entry, and underground parking for tenants and guests. The finish out is designer quality and provides Tenants and Client/Visitors with a first class experience.
|
Tuesday, August 4, 2015
Buyer-$5-$30M: 4-5% Cap Rates Ok- Austin Area
I have a new Buyer need:
Experienced Client from out of state seeks to buy investment property & assets with cashflow in downtown Austin, UT, Domain, Burnet, Lamar, South Congress, or other highly visible locations of Austin. He understands the compressed cap rates of Austin MSA. Can go down to the 4-5% cap range for assets in these locations, or with long term leases to high credit tenants such as banks, & publicly traded anchor tenants.
· also do sale-leasebacks,
· or buy the land, and execute a long term ground lease back to the Seller.
· Closing: Can Close Quickly: 30-45 Days
Asset Classes: Office, Retail, MultiFamily (Class A), Ground Leases
Pricing: $30M-$50M, but will buy in smaller blocks of $3-5M each.
Background: Client owns over 5 million square feet of space in NY, FL and other states. Is high net worth individual, and can make quick “go or no go” decisions.
Jim Young, CCIM, Broker
West Point ‘94
11701 Bee Caves Road, Ste 250
Austin, TX 78738
jim@longbowRE.com @jimyoungCRE
512-565-7509
Subscribe to:
Posts (Atom)