“It’s been said that necessity is the mother of invention. And with the dramatic impact of the current health and economic crisis perhaps it’s more accurate to say that it’s desperation. Yet there are many retailers—from @HomeDepot to @Lululemon, @Best Buy to @Nike, and many more—that were keenly aware of the shifts in #consumerbehavior years earlier, accepted their import and responded in remarkable ways well before a crisis. It is both their commitment to #innovation as well as their more agile business models that explains their better than average performance thus far and that bodes well for the brave new world we are now navigating.“
Charlotte Crown Black Real Estate Association wants residents to know about resources to keep them in their homes and strategies to increase Black homeownership. The group recently hosted its “Pandemic, Protests & Policy” legislative forum that focused on local, state and federal initiatives assisting Black tenants and homeowners during the coronavirus pandemic.
Earlier this year, the National Association of Real Estate Brokers President Donnell Williams visited Charlotte to present the State of Housing in Black America (SHIBA) report. He shared that Black homeownership slightly improved from 40.6% in the second quarter of 2019 to 44% at the end of the year. It still lags nearly 30 percentage points behind white homeownership at 73.7%.
During last month’s virtual forum, NAREB executive director Antoine Thompson discussed coronavirus relief programs like the Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act that reserved $100 billion for rental assistance and $75 billion for a homeowner assistance fund to help with mortgage payments, property taxes, utility bills and more. Approximately 60% of funding would benefit homeowners below 80% area median income.
NAREB is also advocating to expand HUD Section 184 of the Housing and Community Development Act to include African Americans. The act currently helps American Indians, Alaska Natives and Native Hawaiians afford homeownership through low-interest mortgage loans.
“We believe that there needs to be a full-court press to help African Americans to be included in the HUD 184 act to specifically address historic discrimination against African Americans,” Thompson said.
REAL ESTATE REIMAGINED The concept is solid, the listing is pubic, and the sign is up - Let the leasing begin! NAI Maestas & Ward is excited to present 4595 San Mateo. Formerly known as iT’Z Party/Entertainment, this project is being redeveloped for Industrial Use.
“This is an extremely capable building with attributes that lend itself to a new life after it's previous retail use. The landlord has a long term vision for their property and the market has a need for such a well-located asset. Once again Goodman Realty Group is on the cutting edge of real estate trends; acknowledging that large venue experiential retail may be challenged while industrial uses, especially distribution facilities, in the North I-25 corridor, are in great demand. This could be the beginning of a macro trend.” – Comments from the NAI Maestas & Ward Land/Industrial listing brokers on the project, Keith Meyer, @jimwib22 and @alexnicole87.
Click for Property Flyer: https://bit.ly/4595SanMateoFlyer
Click here for Property Video: https://bit.ly/4595SanMateoYouTube
Albuquerque Journal Article: https://bit.ly/4595SanMateo
. #gotspace#remix#reuse#commercialrealestate#commercialrealestatebroker#industrial#warehouse#forlease#opportunity#leaders#cre#bestinclass#marketing#instagreat#architecture#urbaninfill#nmtrue#evonomicdevelopment#contactustoday 📞
0 318 minutes ago
We value our relationships. As a strategic consultant to SOCO, a world-class design and foodie destination led by some of the best, we continue to invest our time ⌛ in each and every space to ensure thoughtful deal making with the best in retail, design along with food and beverage 💯. The approach includes reimagining @SOCOandtheOCMix by defining its revived brand and point of view to seed the entire project with lasting tenants that exemplify phase 2.0 of this Orange County #retailicon .
Located in the 🧡 of Orange County, @socoandthemix delivers shoppers an unparalleled level of access to, and inspiration from, leading designers and a world-class mixture of showrooms. And in the center of it all is Orange County's first food hall and artisan market.
For more information on leasing opportunities at SOCO and the Mix, click the link bio.
3 319 minutes ago
Eric and Mark Szerlag put together a strategic marketing strategy and navigated obstacle to complete this shopping center sale.
They were able to find a buyer in less than a month and sign an anchor tenant for a five year lease.
Read how they created a stable shopping center in South Lyon on our blog (link in bio).
Rare Flagship Opportunity
Located in River North’s rapidly growing Wells Street corridor with over 2,000 new residential units within a 3-block radius.
Ideal for office, medical, and service-oriented uses.
🆕 on the blog: from Seattle to Miami, 75 Regency employee volunteers from 19 Regency Centers offices gave back to their local communities by way of food donations to those in need. 🍛 During a two-week period, 2,100 meals were donated by teaming up and partnering with more than a dozen local charities. #weareregency#ourcommunities#givingback#cre
0 635 minutes ago
FOR SALE OR LEASE‼️
- 2 Class A buildings left in office park
- +/- 32,000-110,000 SF
- Buildings can be demised
- Southwest Las Vegas Submarket
- Excellent visibility on S. Durango Drive
Contact our team for more details! Taber Thill, SIOR NV-S.0051684 Patti Dillon, SIOR NV-S.0047352 Megan McInerney NV-S.0188475
The COVID-19 pandemic resulted in unprecedented business situations for all of us. Construction sites were temporarily shut down, non-essential businesses were being forced to suspend their physical operations, businesses implemented, either voluntarily or by necessity, work from home procedures, and the list goes on, not to mention the human toll that this crisis has had.
The sudden change to business operations have left many wondering about the economic impact to not only Greater Boston, but also the global economy. While some believe we will have a V-shaped recovery, our team feels that is wholly unrealistic given it has never happened in the past. What is the state of the market today and how will it impact leasing going forward? What about the status of in-process real estate transactions and whether there are any rent relief provisions included in your lease? While we are facing one of the worst economic downturns on record, as with the Great Recession, Boston is in a much stronger position to rebound than other markets, beginning with its solid “meds and eds” foundation.
The Tenant’s Point focuses on the impact COVID-19 has had on commercial real estate, what our outlook on the market will be as a result of the pandemic and understanding your lease in an era of uncertainty.
Click the link in our bio download our latest report.👆
In an effort to highlight our history, progress, creativity, and accomplishments as a company we will be presenting a weekly Case Study for your consideration.
Q: Where does Pugliese Creative Ventures invest and develop?
A: We are primarily focused in southeast Florida but will invest and develop in any Florida market with a scarcity of land or barriers to entry for competitive properties.
Just Sold $950,000 Fourplex in Coral Gables Fully Rented
This is a special one, I found this one helping a friend look for apts in Coral Gables and we came across this property and just asked the owner the magic question "are you interested in selling ? " she said yes - I turned around and made one call to a client and we had it under contract in a week. My advise to agents Whenever you talk to a property owner always ask if they are interested in selling. They might say no, but hey they might say yes ;)
I buy houses site unseen! 💰 All cash 💰
Manhattan Brooklyn Queens Bronx
Any price range
Vacant or Tenanted
Must need renovation or redevelopment
Ask me about paid bonuses for off-market deals
Contact me anytime,
5 15813 July, 2020
I’m so grateful to receive Michiana’s 40 Under 40 award! So incredibly honored and excited.🌟
Each interaction, failure, win, lesson that I’ve received in the marketplace has taught me something valuable that I am able to carry forward in my businesses and in my life.
Thank you @sbrchamber for your impact in the community and for this recognition!
You can’t pour from an empty cup. Don’t be afraid to take a day off and recharge yourself. That’s one thing I’ve had to remind myself of here lately. When the tornado / pandemic hit, I took two days off in three months. I was in the office every. single. day. and while I was incredibly productive and it was what The Cauble Group needed, it took a toll. So, today I took a half day. Came back home and worked (kinda) from the couch and I’ll be golfing this afternoon. Don’t wear yourself so thin that you burn out. The race doesn’t matter if you never finish!
Shoot day! Still trying to pull the set together - not exactly sure what I want up on the wall behind me or on top of the filing cabinets, but we’re working on it. Definitely a work in progress but staying true to one of my favorite phrases - “don’t let perfection stand in the way of good enough.” Not everything has to be perfect. Just get out there and do it. Also - new video dropping at 12:30! Discussing 5 different ways you can buy commercial real estate with NO money.
74 25511 June, 2020
Is anyone missing in-person meetings right now? I used to be out of the office 90% of the day in meetings - I would take a meeting with just about anyone that wanted to sit down with me because I felt it was a good opportunity to expand my reach. After spending the majority of my days in the office for the past few months, I realized just how productive I could be not taking any meetings. In fact, I’ve decided moving forward that unless it’s a meeting with a potential client or investor, I’ll only open my schedule 1 month per quarter. What new habits will you maintain moving forward?