All Posts from Commercial

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What is Proptech? feature image
What is Proptech?
Proptech, also known as Property Technology, is a term used to describe the application of technology to real estate. It has been a growing buzzword over the past decade and the pandemic accelerated... READ MORE
To Buy or to Sell… That is the Question feature image
To Buy or to Sell… That is the Question
Record high prices and very low cap rates have many real estate investors wondering if now is the time to take advantage of the market and sell their properties.  I have spoken with quite a few... READ MORE
2021: A Year for the Record Book for Traverse City Commercial Real Estate feature image
2021: A Year for the Record Book for Traverse City Commercial Real Estate
After a tumultuous 2020, the world seemed to acclimate to waives of shutdowns as the pandemic continued to disrupt life in 2021.  In some ways, disruptions became part of our routine as people... READ MORE
Commercial Purchase Agreements | Pitfalls and Consequences You Should Know feature image
Commercial Purchase Agreements | Pitfalls and Consequences You Should Know
When presenting an offer to purchase real property, the offer is written as a letter of intent (LOI) or a purchase agreement.  A purchase agreement becomes a binding contract once both parties... READ MORE
6 Ways to Value Commercial Real Estate feature image
6 Ways to Value Commercial Real Estate
There is a multitude of methods that can be used to evaluate real estate and the one a buyer chooses should depend on the type of property they are considering and their investment goals.  Last... READ MORE
What is a Cap Rate? feature image
What is a Cap Rate?
It is rare to have a conversation about investment real estate without the term “cap rate” being mentioned.  Cap rate is short for capitalization rate and represents the relationship... READ MORE