It has been said that to find better answers, you need to ask better questions. Albert Einstein said, “The important thing is not to stop questioning. Curiosity has its own reason for existing.” Anyone that has worked on an acquisitions team knows that there are always tons of questions. Commercial real estate (CRE) due diligence …
Much more than a risk strategy… It’s no secret that Benjamin Graham has been characterized as one of the greatest investment advisors of the 20th century with his philosophy of “value investing.” While value investing has thrived as a strategy in the securities world since 1949, in the real estate industry value add seems to …
Three common mistakes to avoid during tenant improvement According to the CCIM Institute, tenant improvements, or leasehold improvements, are the customized alterations a building owner makes to rental space as part of a lease agreement, in order to configure the space for the needs of that particular tenant. These include changes to walls, floors, ceilings, and lighting, among …
In 2015, total commercial real estate construction ran a tab of nearly $700 billion US dollars. An estimated 14% of that was caused by rework of human error due to unskilled labor and materials defects. $98,000,000,000 That’s how much is wasted every year in the US construction industry. Think about it. What could you do …