A massive commercial building in the heart of Southampton Village changed hands after more than 20 years thanks to revitalization underway. The deal was brokered by @CushWake's Long Island Investment Sales Team and Hamptons @Compass Commercial Team. https://t.co/EY3FXV3YM8
SMG, activity should be picking up. in NYC, PPSFs are, in many cases, at the same level they were at 20-25 years ago. Those who say "it hasn't bottomed out yet" will miss the boat because you won't know we bottomed until 6-9 months after the bottom. If you bought in 2009, do you really think you are upset you didn't wait for the absolute bottom in 2010? Trying to time the absolute bottom is a fool's errand..
Brokers 🙌
If there's a value-add class B retail deal you're working on that you think we should look at, DM me!
We always buy all-cash (principals)
Love to do some more business with the great folks of this community!
( @CWLI_CapMarkets - feel like we're getting close!)
@realEstateTrent Don’t forget about the #1 enabler, the broker who says — “we’ll find a 1031 buyer”, “foreign capital is still available”. Be honest and pitch expectations — You may not always get the listing, but you’ll get their confidence when the bids fall in line!
@realEstateTrent You learn a lot about someone spending 4 hours on the course together — Golf may not be chock-full of long lasting memories, but it’s certainly a great way to connect folks, all shapes and sizes.
Real estate agents, mortgage brokers, property inspectors, appraisers, escrow officers.
There are simply not enough real estate transactions happening to keep everyone fed for much longer.
What a great chart shared by @thecredaily this morning and originated by Jupiter Square.
If you are a #CRE broker or agent, wouldn't you want to live in a state that has the most CRE transactions?
Recognize- even for most of us who would not move - if you are not in these states, your investment clients and business owner clients are likely moving their money out of your state.
#CREShiftHappens #Knowingisntdoing
Dueling condo developments at Long Island's historic Oheka Castle and the country club next door are now pitched in a classic suburban land-use battle. Cover story by @DavidWinzelberg
https://t.co/spmTwZSqSe