/r/CommercialRealEstate
/r/CommercialRealEstate - Place to discuss Office, Retail, Multifamily, Industrial, Hotel, Land, and special purpose commercial real estate
Commercial Real Estate - Sales and Leasing of Office, Retail, Multifamily Residential, Industrial Properties and Land
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/r/CommercialRealEstate
27M here. I dropped out of college in 2019 during my junior year to get my real estate license and have been working as an agent for 5 years at Compass.
2023 was a tough year, especially with news about the commission lawsuit. That pushed me to go back to school to finish my degree in Real Estate, which I should complete by December 2025 or May 2026. Plus I wanna get out of the city I’m in because this where I grew up and spent the last 27 years and I don’t think there’s much left for me here.
I enjoy deal-making, have strong soft skills, and like working with numbers. That’s actually my favorite part of my current role so after exploring different roles, I’ve concluded that Commercial Real Estate Acquisitions is the best fit for my skill set.
My main question: how can I land a job in acquisitions? Is an analyst role the most realistic starting point, or could my experience allow for a jump to associate?
Current resume highlights:
My biggest weakness: modeling in excel so any courses or bootcamp recs for that would be helpful as well!
Any recommendations on additional certifications, courses, or organizations that could strengthen my profile?
Hey guys. I’m about to close on my first piece of a commercial property and I want to purchase it under an LLC. I am partnering with my father on the deal. I live in Rhode Island, he lives in Florida, and the commercial land we are buying is in Georgia. Where should the LLC be incorporated? In one of the states we live or in the state where we are purchasing the property? Or does it not matter at all? Any insight would be appreciated.
Hi, I'm thinking of applying for a position at CBRE Canada. What is the schedule for vacation days? ex, 1-5 years - 3 weeks , 6-10 years - 4 weeks.
Also if you can provide info on sick days, personal days, that would be great.
Thank you
I am in DFW working for a commercial developer and we specialize in medical buildings. Physicians are notoriously difficult to get a hold of to talk about real estate acquisition so I thought if we had a booth at a medical conference, physicians would come to us. Can anyone suggest an effective organization we could contact to have booth at their next conference? North Texas preferable but will travel.
Hi All, I own a strip center in Florida, in an area significantly impacted by the hurricanes.
My center survived with no damage.
I've had the center for 10 years, and am seriously considering selling it since most of wealth is tied up in real estate in Florida. This center has 6 units that are 1000sf or less, and I've typically leased them myself through loopnet, Craigslist, and flat fee mls commmercial listings.
If it were you, would you wait until next year to let the chaos of the hurricane news cycle die down? The property is several miles away from a flood zone or beaches, but I don't want to sell it for a discount if waiting will be beneficial.
My initial instinct is to get a clean environmental report, have a real estate photographer take drone shots and interior shots, put together a marketing brochure , then take it to the best local commercial agents in town, and see if they have anyone that wants to buy it off market. I hesitate to sign a contract with a broker, since I've watched some of the best brokers in our area take 18 months or more to sell a building like this.
The sale price will be in the 2 million range. If a broker brings a buyer to me, what should a fair commission rate be if I have the clean environmental, pictures done, and represent myself with my own attorney and title agency?
Thank you in advance...
Got two written offers at $65M for an off-market strip mall in Long Island. We’re looking for $70M. If anyone’s got serious buyers interested, hit me up.
We are considering the use of partial C-PACE financing to fund the energy and conservation related elements of a new CRE vertical construction project in North Carolina. C-PACE programs were only recently approved for use in NC at the state level - still checking to see of our local county tax authority will participate anytime soon.
In this case the C-PACE loan would be used as part of the total startup capital stack if we can find a lender offering such loans in NC for use together with SBA 7A startup financing.
Looking at the potential benefits of getting lower long-term rates, potentially more attractive terms and lower cost of capital vs. rolling everything into a single new 7A loan.
Please share any recent experience using this type of financing, pros/cons, etc. Thanks in advance for any comments.
While the Dallas Cowboys struggle to win, the team’s home metropolitan area scored a big victory for next year’s real estate investment prospects.
Real estate investors and professionals ranked Dallas-Fort Worth as the top metro for the most promising real estate investment in 2025, a return to the top after last earning it six years ago.
How long does it take you and your company to make an Offering Memorandum?
When do you start drafting the OM?
Hi everyone,
I manage a commercial property with several tenants, and I’m currently facing a pretty frustrating situation with one of them regarding parking.
Our commercial building has an adjacent vacant lot that we allow our tenants to use for parking, which is used mainly by the customers of our anchor tenant - a bar/club/restaurant. Our anchor tenant made an informal agreement with a nearby business (not managed by us and without notification) to use our lot on the days/nights the anchor tenant is not open so their patrons can park due to their small lot size. The reason the anchor tenant made that agreement is because the vacant lot gets too full so their overflow customers are allowed to park at the nearby business. The problem is self-inflicted though: the anchor tenant blocks off 30+ spots for valet service which we did not approve, so the reduction of spots is the reason why they made the informal agreement in the first place.
We never approved that informal agreement with the adjacent business and were made aware of it recently. One of the landlord's main concern is the continued use of that lot ruins the asphalt and adds to wear and tear.
The landlord is asking me to request for compensation (+$/month for parking) from the anchor tenant for this parking issue that they are causing. In my opinion, it appears he is more leaned toward generating income from the vacant lot rather than using the added monthly cost as a deterrent for any other business parking on the lot.
I have not talked to the problematic tenant about it, but they’ve been dismissive in the past about the valet service and haven't made any changes. I’m considering sending a formal notice, but I’m worried about escalating the situation and potentially losing the anchor tenant when renewal comes. That is partly the reason why we have not been too aggressive on enforcing the No Valet item. There's multiple stakeholders in this problem (ourselves, anchor tenant, adjacent business) and prior issues brought on by the anchor tenant's actions: reduced parking spots, trash, complaints from the other tenant's regarding their reserved spots.
Would anyone have any advice/recommendations on how to deal with the anchor tenant and/or the adjacent business parking on our lot?
Thanks in advance!
What are exit opportunities for an analyst at a real estate operator with a few years of experience? Doing mostly acquisitions at the moment and some asset management but would like to continue on the acquisitions side.
After many chats with my fellow redditors about how to use AI to create videos about anything . I came up with Destovery
Ways to create videos about anything. It helps you create content faster for your audience.
Please check it out and provide feedback.
Note: Video Generation is expensive thus there is a limit
There's a 200 year-old building for salethat is structurally sound, but in need of a complete renovation. The seller has an agent, and has set a price, but the agent said that no official valuation of the currently vacant property has been done. Should I get my own broker and have someone do an independent valuation?
About to close on a commercial lease. Owner is hesitant to paying me upfront the commission. Selling agent is saying that him getting paid upfront is in jeopardy and “he’s on the same side” as me on regards of getting paid. First commercial deal so I’m not sure how getting paid as agent on both sides work. Anyone help with this? My Mentor is not available for questions.
Hey Commercial Real Estate,
I know this question has been asked many times, but I'm throwing it back out there. I'm an owner/manager of a number of buildings, the main one being an old 2 story building with ~35 tenants that are galleries/offices/retail. There are also a couple of other building with just a couple of tenants. All together maybe 40-50 tenants and ~100,000 sq.ft. plus some acreage of open industrial land. All commercial, no residential.
We've been wanting & needing a Property Management software. Our goals for a platform are to get more organized and centralize information/ operations (dashboards!), better accounting & reports (currently on QuickBooks), track maintenance & repair, better reporting on rent rolls/renewals/accounting, CAM management, lease renewal/expiration tracking & reminders. Nothing in our operation is fancy, highly complex, or out of the box. We demo'ed Yardi Breeze Premier some time ago and were pretty happy with the product, seemed to check all of our boxes, but further research has of course brought up other platforms - Buildium, RentManager, DoorLoop, and some others. AppFolio seemed to be the top tier recommendation but we're too small of an outfit for them.
I've perused tons of threads and there's of course not a clear consensus - just curious as to experiences shared about breeze premier, and what other folks in the industry are working with.
Read a lot of posts about how the lease abstraction tools out there either don't work well or are outsourced humans doing the work. Launched a fully automated tool (1-2 minute abstracts) and have positive feedback from some pilots so curious to get more folks to try it out and see if it's helpful. If you go through a lot of leases and would be open to providing feedback please reach out to info@lucite.ai
I'm in California and am an independent broker doing residential real estate. I have built some relationships that have given me an opportunity to step into a commercial land purchase opportunity. What time resources do you guys recommend for me to read or watch to learn how to navigate this?
Hey everyone! I work at an architecture firm where we primarily design Tilt-Wall or PEMB (Pre-Engineered Metal Building) warehouses, typically with a spec office included. The planning process for these warehouses is highly repetitive—consistent grid spacing, standard tilt-wall panel lengths, etc. I think there’s an opportunity here to streamline this with a specialized Revit plugin, and I’m looking for someone skilled in coding and AI to help make it happen.
Here’s the vision:
Warehouse Layout Automation: The plugin would allow you to select a warehouse type (cross-dock, front-loaded, or rear-loaded) and then specify details like the number of overhead doors and panel height. Based on these inputs, it would automatically generate the basic warehouse layout, saving time on the front end.
Office Layout Suggestions: After defining the office area, you’d input the required number of offices, conference rooms, etc. The plugin would generate several office layout options based on common requirements (open office, private offices, restrooms, storage, break rooms).
While I know AI isn’t perfect, this plugin could help companies save significant time on layout design, letting us focus on detailed construction documents and facade design. Here’s the closest example I’ve found of what I envision: https://m.youtube.com/watch?v=sc6vpcsSA94
I think this could be a valuable tool for architecture firms and developers who want to streamline master planning and design costs. If anyone has experience in AI and coding and is interested in collaborating, please let me know!
Looking for some good books, links etc for starting as a tenant rep. More specifically about commercial leasing for the retail space. Also this may be a lofty goal for a newbie, but any ideas how to get in on a new development for an outlet mall? The developer has been approved to build by the city planner but has yet to start.
Someone on Twitter posted “Is the (bond) market finally learning to distinguish between Class A, trophy office and lower-quality office buildings?
LEX 2024-BBG, a AAA-only CMBS transaction collateralized by 731 Lexington -- a trophy office building ~100% occupied by Bloomberg through 2040 -- cleared the market at J+150, a ~35bps tightening from J+185 where they were initially offered (not including HRR) despite the 4NC2 structure
Compared to BX 2024-BRBK, a ~74% occupied creative-office portfolio, which had AAAs go off at SOFR+300”
Obviously he sits in the industry and is close to it, where could I go as an outsider looking in to get this info?
What conferences would you recommend going to in Canada or United States. I am particularly interested in industrial, small bay industrial, strip malls in Texas, and Ontario, Canada.
For background:
I own and operate a small bay industrial portfolio of 115,000 sq ft spanned over 4 buildings and 20-25 tenants in Ontario Canada. Properties are all owned by me, with no investors, and have preformed well since ownership.
I manage everything inhouse (properties, leases, investment analysis, financing, etc) with the exception of professional support for legal, accounting, compliance, etc.
I am looking to scale the portfolio by syndicating a few deals, and offer real estate advisory (primarily debt advisory). I am an accountant by trade.
Been in this field for over 6 years now doing AM. I just talked to a kid in high school saying he needs to do some sort of professional experience to get into a good school, then intern there to possibly get a masters, then have to work harder to land a role. I’m out here with no masters, not even finance grad and a low tier school like shit kids have it hard now. I didn’t have connections or anything just clawed my way into CRE but I don’t think I would have made it today if I am trying to go in now. Even the excel tests at my firm got harder.
Edit: I’m mostly speaking to the principle side or anyone who gets a salary. Also I am not seeking advice or anything, I’m already an AM for a decent size fund and been an AM for some time now. Just sharing what I thought was interesting and the perception out there.
Edit 2: I’m also shocked at the amount of people that thinks brokerage is the only job in CRE.
Been seeing these more often. You’re either a VP or you aren’t buddy
Why do I want to get into it?
Because I know you get as much opportunities that you allow yourself to have, with that being said, what would you tell your younger self to do in order to be successful in the business?
The current lease proposal said the property will be leased as is, leaving me to be responsible for plumbing, electrical, lighting, storefront glass, etc. my initial reaction was that I wanted to conduct an inspection before signing the lease so that I didn't inherit any faulty switches, cracked glass, whatever else you can think of. Then I started to wonder if I should make him pay for the inspection.... Then I thought wait a minute, I don't own this property so why should I pay to replace the storefront window if someone throws a brick through it?
I'm curious what seems to be the standard here. Is the tenant really responsible for all of these repairs even if it's not his fault? What if a pipe freezes and busts open? Should I be on the hook for that? Or should I stand firm and say no, the landlord will be responsible?
I am a real estate appraiser. I have been asked to appraise 25+/- AC of commercial and multi-family development land. It is zoned for and used for agricultural land, but is at the corner of a busy state highway and major connector road. The land does not have public utilities, but they are close by. The city's future development plan is for retail and multi-family use.
I have a value, but the market is showing a one-year projected exposure time to close. My client would like to know the discount required for them to find a buyer and close it in 90 days. I have very few REO/forced sale comps, but I have discussed it with local commercial brokers. But I was curious, what kind of discount would you expect?
Hi Reddit!
I’m part of a family-owned commercial real estate business, managing a portfolio of over a million square feet across about 50 properties. Our tenants range from major drug stores, grocery chains, and dollar stores to smaller mixed-use businesses, and most of our leases are NNN. Zero residential property and don’t plan to add any.
The portfolio has been homegrown over the last 50 years, and we’re still managing it in many of the same ways we always have. Currently, we’re using Excel spreadsheets to track CAM expenses, do reconciliations and to generate rent rolls. Our accounting is done through Quicken. Payments are made via checks. All of this is extremely manual, and it’s eating up a lot of time.
As we pass the torch to the next generation, we’re looking to modernize our systems and reduce the manual workload. I’ve started exploring PMS platforms like Buildium, Appfolio, Yardi Breeze / Voyager, RentManager, and Entrada, but one of the challenges is finding software that meets the needs of a commercial portfolio AND is built for the modern entrepreneur. For example, DoorLoop looked great, but turned out to be too focused on residential properties for what we need.
I’d love to hear from anyone who has gone through a similar transition. Specifically:
Any insights or advice would be much appreciated as we make this big step forward. Thanks in advance for your help!
Basically what title says I’m looking into buying a car wash and don’t know much about the process. Figured it’d be simple enough as it’s a car wash but wanted to see how to go about getting an agent.