Some question the value of a survey when it involves commercial real estate, but the right survey can be invaluable. It is also recommended not to rely on an existing survey if it does not reflect all existing improvements and easements, is blurry or damaged. Surveys...
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Commercial Real Estate
What to do when real estate appraisals and purchase prices differ
It is common for buyers, sellers, lenders and real estate professionals to place different appraisal values on the same property. Reconciling the differing values is a significant part negotiations between the buyer and the seller. However, once they can arrive at an...
Why those bank failures impact commercial real estate financing
We wrote about commercial real estate indicators at the end of last year. At that time, there was concern about interest rates, inflation, recession fears, falling prices and other issues. We did not predict that the federal government would have to bail out banks,...
Passive real estate investments can be a viable option
Those who are financially strategic understand the necessity of diversifying their investment portfolio. Real estate investments are often complementary because they are less volatile than the stock market and include a finite and insured inflation hedge. Investors...
How to address differences between the appraisals and offer price
One issue that can kill a real estate transaction is the gap between the offer and the appraisal. Banks typically will only lend the amount they think the property is worth. For example, the buyer's offer for an apartment building may be $10 million, but the bank's...
6 Commercial real estate indicators to watch in 2023
The white-hot real estate market here in Texas and throughout the country has been a prime reason for the Federal Reserve to raise its interest rates four times in 2022, going to the highest rate since 2008. This change caused a modest and slow decline in prices in...
Large investors target student housing real estate opportunities
The student housing industry has proved to be one of the most resilient asset classes during the pandemic and continues to grow during the current turbulent economic period. In Texas and other states, student housing has largely resisted the impacts of inflation while...
Remote workers influence commercial real estate
Most workplaces across Texas and the rest of the nation shut down when the COVID-19 pandemic hit. While many lost their jobs, millions could work from home. Statistics show that after 2 ½ years, a significant number are still remote, at least part of the workweek....
5 trends influencing commercial real estate in Houston
As the Texas economy continues to evolve as people emerge from their pandemic cocoons, several trends have taken hold in the ever-dynamic Houston commercial real estate market. The Houston Chronicle reports many of these developments were already in progress when the...
The ‘Great Repurposing’ of commercial real estate
For decades, large and medium-sized companies in Texas and across the country placed their headquarters in massive downtown buildings. From the 1960s through the 80s, suburban office parks became all the rage for businesses wanting to provide a campus-like environment...