Category: The Importance of Commercial Real Estate SEO and Online Presence Enhancement

Contributing Author: Jay Verro, CCIM

Wow, another year is coming to an end already! Time to start wrapping up year end closings, preparing for the holidays and looking ahead to 2019.

2018 proved to be the year of the Fed Rate Hikes! While rate hikes have been predicted for several years, they occurred this year. By comparison, the Fed Fund Rate was 1.0% in Q12017 and 1.5% in December 2017. In 2018, the first 3 quarters saw 0.25% increases with another 0.25% increase anticipated this month. It’s realistic that we’ll end 2018 at 2.5%. Many are forecasting another 0.5% increase in both 2019 and 2020, while others forecast a potential reversal in the continued upward rate trends.

Contributing Author: Sean O’Shea

There is a lot of discussion in a range of national publications, right now, to acknowledge that we may be in a new era for Investors.  The 10-Year Treasury Rates have moved past 3.0% for the first time since 2013.  The yield curve of 2 Year and 10 Year has rarely been this close.

So, we ask, “What are the implications for the net lease niche?”

I confess that I am one of the observers who can remember how ‘the music stopped’ in 2008-2009, when Lehman Brothers, Bear Stearns, AIG and other august financial institutions stopped trusting each other and the overnight lending mechanisms of the Repo Market which had come to a halt. Scary times that required the triage of QE by the Federal Reserve and forced mergers of a number of banks and financial institutions to attempt to salvage our economy. As seasoned Net Lease Advisors we not only witnessed this, but were in the middle of it. Continue reading Yield Curves, Interest Rates, Volatility Indexes, and the Impact on Net Lease Sector

Contributing Author: Jay Verro, CCIM

In early April of 2017, I was invited to do a Listing Presentation for a 22 acre parcel of Light Industrial zoned land in Saratoga County, the fastest growing County of New York State. Sounds like a listing that most commercial brokers would jump all over, right? Let’s take a closer look at the marketing challenges that accompanied the property:

• There are 2 parcels of land that lie within 2 different Townships.
• A County Sewer Easement bisects both parcels in the most developable portion of the property and there are no current lateral connections that serve the existing structures on the parcels.
• An electric transmission line crosses the western portion of the property with an approximately 60’ wide easement.
• The property is terrain challenged and to physically get to the top of the property where there are the majority of the developable land requires an access easement from the neighbor to the south, who is also trying to sell.
• A Class C protected trout stream winds through the property, which creates the need for a 100’ setback in addition to the additional wetlands that are on the parcels.
• The permitting and approval process would require coordination among no less than 6 State, Town and County Agencies as well as Utility companies.
• Without the significant expense of adding a bridge to traverse the stream, the result was approximately 2 acres of developable land out of the 22 total acres.

Continue reading Selling a Challenging Commercial Property