Category: The Real Estate Market
June 18th, 2018 | Categories: Property Values · The Real Estate Market
June 1st, 2017 | Categories: Buying a Property · The Real Estate Market
CCR research indicates the Small Business Administration (SBA) is moving to provide improved support for companies to invest in real estate. A program currently available, for companies with good history and financials, is structured to allow business to retain operating cash but also purchase real estate with a low-down payment of $10,000. This program is available for purchases up to $5,000,000.
Real Estate investment for business operations may also see improved cash flow provided by extended SBA 504 loan terms from 20 to 25 years in 2018. These loans, unlike the program above, will continue to be available with minimum 10% down payment provisions. The subject programs should give renters the opportunity to own, build equity, and secure long term plans.
Contact G. Pat Ryan at (847) 361-7871 or [email protected] for additional information and assistance in getting started.
March 14th, 2017 | Categories: The Real Estate Market
Smaller industrial property inventories (2,000-35,000 square feet) have been reduced over the last quarter of 2016 and continuing in 2017. Although prevalent in the entire Chicago six county market, it has been noticeably recognized in the CCR specialty area in the Northwest suburbs. Our current market intelligence from all industrial/commercial association brokers at our monthly meetings and ongoing in co-broker transactions has been consistent. Vacancies have substantially reduced and prices are going back up.
Recognizing our position in the industrial/commercial real estate market, as a small firm, the CCR formula for success, as illustrated in our most recent transaction summary, has been to provide concentrated and non-conflicting service to our clients. We are selectively soliciting new listings and search assignments and we are providing honest experienced guidance. We believe the most effective real estate service to provide the best financial client deal is “just in time” service.
It has always been important, but in this time of volatile market conditions, responsive and dedicated action is paramount to deal success. Deal killers like distractions from assignment overload, corporate misdirection and conflicting real estate brokerage affiliations are inherent in the industrial commercial business. CCR’s small firm model has allowed us to avoid these missteps and has provided continued competitive success.
Please feel free to contact us for any current industrial/commercial real estate information.