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Six Essential Steps to Commercial Real Estate Success

Cleveland Appraisal Blog

Are you interested in getting into the world of commercial real estate? Working as a commercial real estate developer can be a lucrative career path for savvy entrepreneurs. Setting Yourself Up for Success in Real Estate Development. In most states, you will need a license to practice real estate.

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Private Investors Seeking Retail Real Estate

McKissock

In recent years, the real estate industry has noticed some significant trends in the commercial and residential housing markets. For instance, in 2021 small and private investment firms were responsible for nearly 3/4 of retail asset acquisitions , representing a 30% increase from the prior 10-year historical average. .

Retail 73
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From Industrial to Retail: A Deep Dive into Evaluating Commercial Real Estate

The Robert Weiler Company

When it comes to commercial real estate – both across the US and here in Columbus, Ohio – the diversity of enterprises and sheer size of the industry can be staggering. To match the girth of American commercial real estate, it would take 7.2 Commercial Real Estate Is Not One-Size-Fits-All.

Retail 158
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Flyhomes acquires Home Sale Assured

Housing Wire

Founded in 2022 by Eric Meadow, Home Sale Assured produces a “Guaranteed Backup” options contract, which enables existing homeowners to buy their next home before closing the sale of their current home. He most recently served as the president of troubled, largely defunct retail lender Celebrity Home Loans.

Contracts 417
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Mr. Cooper to acquire Flagstar’s servicing and TPO businesses for $1.4B in cash

Housing Wire

Cooper Group has struck a deal to acquire a third-party origination (TPO) platform and $356 billion in mortgage servicing rights (MSRs), advances and subservicing contracts from Flagstar Bank , owned by New York Community Bancorp (NYCB). FDIC ) in March 2023, has faced a confidence crisis related to its commercial real estate portfolio.

Business 482
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Rise above the panic, for the housing market’s sake

Housing Wire

trillion in commercial real estate debt will mature, “… by far more than any 5-year period in history.” compared to the week prior and the average contract interest rate for 30-year fixed-rate mortgages with loan balances of $726,200 or less, decreased from 6.48% to 6.45%. Let’s look at the retail industry, for instance.

Retail 403
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‘Find buyers before agents!’ Mortgage industry reacts to the NAR settlement

Housing Wire

You should be finding buyers before real estate agents anyway.” On average, about 50% of referrals to a retail LO come from buyers’ agents, VanFossen said. Having to be somebody’s confidant and advisor on the real estate part would be “tough.” Caccia said that 80% of his business comes from buyers’ agents.

Buyers 509