Between Two Chairs - Demystifying Commercial Real Estate

Common Area Maintenance includes shared spaces such as lobbies, stairwells, elevators, corridors and entranceways and the cost for maintaining all of these spaces are shared among all of the tenants/users of the building. The common area factor, also known as the loss factor or load factor, is calculated by dividing the rentable space by the useable space.

The Super Bowl has a huge effect on commercial real estate in the host city as well as in the cities the two teams in the Super Bowl hail from. Hotels, restaurants, bars will all be offering fan events, hosting watch parties etc. For South Florida, President's Day weekend actually generates a larger economic impact on the region than hosting a Super Bowl does. We have the International Boat Show ,...

Did you know: If a property you are purchasing has ever had a FEMA claim payout you must carry flood insurance or you will be ineligible for FEMA funds? If someone gets injured on your property while committing a crime, you as the owner are liable for their injury? A sole member LLC formed in Florida doesn't have the same legal protections as a multiple member LLC?

Knowing your state and local economic development partners is important to know where real estate in your community is going. In this episode, get a glimpse of where Miami has been, how it got to where it is today, and where it is headed based on efforts by the Beacon Council, government officials, current residents and brokers are doing to bring people and jobs to Miami. We are so much more than...

Whatever your answer is, whatever black swan event may happen, regardless of who becomes president, Ryan Holiday's book, The Obstacle Is The Way, can get you in the right mindset to take advantage of any challenges that may came your way. "Great individuals, like great companies, find a way to transform weaknesses into strengths".

The Obstacle Is The Way, by Ryan Holiday helps remind us to put things into perspective and focus on what we can control. With all of the economic uncertainty, political noise, global unrest, etc. it is easy to lose focus and let headlines control or affect how we see things. Those of us who can remember that things and events are neither good nor bad they just are, can find opportunity when other...

Our first episode on 2024! New year, new goals, new opportunities. To take advantage of all that this year has to offer you are going to need to connect the dots and make connections between the news, events, conversations and your local market to find the opportunities. The Miami Underline and Brightline are examples of literally connecting the dots, by connecting neighborhoods, but how did these...

The last episode of the year! Time to reflect on lessons learned & set goals and intentions for next year. Key takeaways for the year were patience, the resiliency of the South Florida real estate market, focus on what you can do & tune out the noise, the power of perception, simplify, make sure your family gets best of you not what is left of you, and the rewards of teaching, whether thro...

Infrastructure, AI, pricing reset, affordability, logistics shift, housing and labor shortages, oh my! These are some of the issues we cover as we go over the Counselor of Real Estate 's Top 10 Issues Affecting Real Estate in 2024.

Retail is where the fun happens! It is the epicenter of creativity where businesses get to directly engage one on one, in person, with their customer. What makes shopping centers an attractive investment? Tune in to this episode to get a general overview of this asset class.

She is a mother, teacher, coach, business owner, friend and canvassing queen. She freely shares information and encourages everyone to succeed. "I love helping independent retailers achieve their American dream. It is why I got into retail to begin with." The resilience, drive, ambition and creativity of Mom & Pops excites Beth and her excitement is contagious. We hope you enjoy listening to t...

We attended our first South Florida Independent Retailer Awards (SFIRA) this year and were so impressed with the experience of having landlords, retail reps, and small businesses all in on place on a scale that made it easy to interact. Pull up a chair and hear about the experience of supporting local businesses and #cre students.

PortMiami's cruise and cargo operations have a significant impact on commercial real estate. Cruise passengers stay in hotels, shop in stores, and visit restaurants before and/or after their trips and cargo obviously affects warehouse demand. The logistics of how a port operates also affects real estate. 354,000 jobs are created by the port and affordable housing is a huge issue for employee reten...

Love to travel and stay in hotels? Learn how this fascinating asset class differs so much from other commercial real estate from industry expert, Robin Webb, principal at Commercial America Properties in Orlando. In addition to representing hotels and buyers, he is also a hotel investor with deep insights into their operations and the nuances involved in selling, owning, investing in hotels. We gu...

Planning for 2024? Keep in the mind the rule of 3's; it applies to so many aspects of the commercial real estate industry. In this episode we dive into Marcus Lemonis' People, Processes & Product and my version People, Planning, and Property as a basis for defining goals for next year.

Hear key takeaways from two commercial conferences, the C5+CCIM in Atlanta and the Miami Commercial Conference . The takeaways included learning from failure, being genuine, you only have between 7-10 seconds to establish trust, and so much more. Lessons learned from NBA Hall of Famer, David Robinson , Chris Voss of the Blackswan Group , and a rockstar lineup of CRE experts across the asset classe...

In this episode we get DeLea's insights about AI, social media, Austin, fear, and commercial real estate. I love her philosophy of buying on the edge of scary...remember, things that scare us challenge us to grow! DeLea is smart, open and funny, Pull up a chair and join us as she shares how cowgirl math has served her better than sexy math and other of her investment strategies.

According to a 2022 Researchandmarkets.com report, the market size of ghost/cloud kitchens was $57B in 2022 and is expected to grow to $113B by 2027. With the popularity of restaurants, new food concepts, and delivery apps, ghost kitchens are a great way to test your concepts and get started in the restaurant business without having to go to the expense of renting and building out a retail space....

Continuing with our October Halloween/Scary theme, this episode discusses ideas to get over your fears through planning so you are ready to take advantage of opportunities that will present themselves. If you are a new agent or investor you need to have clear, specific goals; get to know your market and see if it aligns with your goals; and finally get to know your properties and see which ones al...

The title of this episode is a quote from Zig Ziglar. Which camp would you rather be in? Everyone knows negative news sells and focusing on the negative news can be paralyzing to an individual, a business, an economy and can become a self fulfilling prophecy. Between perception and reality lies opportunity, so take advantage of this time of year and the negative headlines regarding commercial real...

Fall is the beginning of South Florida's BUSY season, so no time to fall back on your prospecting. A lot of people are winding down for the year but, if you want to avoid a roller coaster ride in 2024, use this time of year and all of the great events that are going on to connect with your sphere, create traditions, review your goals for 2023 and set up your goals and processes for 2024 . The 4 Di...

The office asset class has been in the news a lot lately due to vacancy rates, remote work, and fears of a crash as CMBS loans come due in the next couple of years. Following Warren Buffet's idea of invest when people are fearful, we tour Miami's office market and discuss differences between A,B & C office buildings as well as different Miami neighborhoods.

What do the children's book, The Little Engine That Could , Henry Ford and commercial real estate have in common? You need the right mindset to deal with the ups and downs of commercial real estate. You will get a lot of no's before you get a yes and what you can do versus what you are willing to do to get to the yes, will make a huge difference.

Building communities and creating the fabric of where people want to live, work and play with landuse and zoning attorney Estrellita Sibila. When you look at zoning, you are not only studying the history of a place you also get a glimpse of the future and what the place can be. Zoning is complicated, especially in Miami-Dade County. In addition to Miami 21, a form based zoning code that creates co...

It doesn't matter when you start in real estate. Whether the market is booming, busting, or just chugging steadily along, what you do every day is what is going to determine the strength of your business. Pay attention to the headlines, but don't dwell on them whether positive or negative. Most headlines are nationally focused and negative news sells. Focus on what is happening locally and bringin...