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Capital Markets update from Greg Lewis on 50 basis points reduction. Borrowing costs for commercial real estate has come down materially in Q3 and the future looks good. Let’s hope the capital markets continue to stay ahead of any further deterioration of jobs...
As with most businesses, preparing for the sale of a marina facility requires planning and sometimes clean-up so the marina is viewed in the best light possible on the market. As the owner of a marina, you may have operated the marina for many years or just a few....
Accruit is the leading, independent Qualified Intermediary (QI) for the 1031 Exchange. Since inception in 2000, Accruit has worked with Fortune 500 companies, individual property owners/operators, and everyone in-between. With over 200 years of collective experience...
Selling a commercial property is a process that most real estate investors do not frequently go through. This is particularly true for marina owners, where the real estate supports an operating business that usually also serves as the owner’s day-to-day workplace....
We recommend marina owners begin preparing for an exit well in advance of the actual sale year, and one-year at a minimum. This allows ample time to make preparations to the property, your finances and "next steps" without hastily deciding the best course of action....
As we learned in 2022, inflation can have a significant impact on the lending environment, making it more challenging for businesses to obtain financing. With rising prices and increased costs, lenders may be more hesitant to provide loans, and borrowers may struggle...
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