Found 6 blog entries tagged as Commercial Real Estate.

A commercial real estate loan is not the same as a home loan.

Commercial real estate (CRE) is an income-producing property that is only used for business reasons (rather than residential). Retail malls, shopping centers, office buildings and complexes, and hotels are all examples. Commercial real estate loans are used to finance the acquisition, development, and construction of these properties. These loans are secured by liens on the commercial property.

What is the definition of a commercial real estate loan?

Commercial real estate loans are made by banks and independent lenders in the same way that home mortgages are. Commercial real estate is also financed by insurance companies, pension funds, private investors, and other sources, including…

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What Is Depreciation and How Does It Work?

Depreciation is an accounting method for allocating the cost of a tangible or physical asset over its usable life or expected life. Depreciation is a term used to describe how much of an asset's worth has been used. Depreciating assets allows businesses to generate revenue while depreciating a percentage of the asset's cost each year it is in use. Depreciation can have a significant impact on a company's profitability if it is not taken into consideration. Long-term investments can also be depreciated for tax and accounting purposes.

important takeaways

  • The cost of using a tangible item is tied to the benefit gained over its useful life through depreciation.
  • Depreciation can take numerous forms,…

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If you ask any real estate specialist about the advantages of investing in commercial property, you'll almost certainly get a monologue on how commercial property is a better deal than residential property. Commercial property owners adore the extra income flow, the cost-saving economies of scale, the level playing field, the plentiful market for excellent, inexpensive property managers, and the potential for a larger reward from commercial real estate.

But how can you decide which homes are the best? What distinguishes the good deals from the bad?

TAKEAWAYS IMPORTANT

  • Commercial real estate holdings, like other investments, begin with a solid blueprint.
  • Learn how the commercial real estate market differs from the residential real estate…

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What's the Difference Between Single, Double, and Triple Net Leases?

An Overview of Single, Double, and Triple Net Leases

A triple net lease (NNN) is a type of commercial lease that helps landlords decrease risk. A triple net lease is one of three forms of net leases, which are real estate leases in which the tenant is responsible for one or more additional costs. Net leases are commonly employed in commercial real estate and typically include property taxes, property insurance premiums, and maintenance expenditures. Single net leases and double net leases are the other types of net leases besides triple net leases.

In a single net lease, the tenant is only responsible for paying property taxes in addition to the rent. The renter pays rent…

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Opportunity knocks! This very rare opportunity will afford you the ability to have your own storefront in the ever sought-after Water Street district of beautiful Boyne City. Lots of room in this building including a full bath, 12 x 10 work area at the back, as well as a 10 x 15 private office/storage area.

This is your chance to be in the heart of it all right in the middle of the DDA, with Stroll the Streets, and all the special events in Boyne City, you will be in the center of focus! Investment opportunities like this don't come along often, and when they do, they don't last!  (Click here to see all Commercial Real Estate listing in Northern Michigan)

"I'd like to help you buy or sell your Boyne City, Michigan commercial real estate…

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SOLD: 246 E Main Harbor Springs, MI 49740 - $204,000
MLS: 449526 Downtown Harbor Springs Commercial Real Estate Sale

It was a very long and tough negotiation for Brook Walsh, Northern Michigan Escapes founder and Broker. His client is always looking for prime real estate investment properties and had to have this commercial building. However, the seller wasn't going to budge on price. After exhausting all of the active listings, Brook used his real estate investment expertise to successfully negotiate the sale with the owner through the listing agent. (Click here to see all Harbor Springs, Michigan Homes for Sale)

ABOUT 246 EAST MAIN ST IN HARBOR SPRINGS, MI

Newer street-level retail Harbor Springs building, right downtown on Main…

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