A commercial real estate (CRE) investment differs considerably from more traditional instruments such as stocks and bonds. There are significant barriers to entry into CRE investments, including more restrictive bank lending requirements, the need for ongoing asset management, the illiquidity of your invested capital, and the significant time and effort required to find a CRE asset suitable for your specific needs. CRE Options in the Immediate Market A typical commercial real estate purchase for investment in greater Houston, including Downtown Houston, The Woodlands, Katy, Sugar Land and all surrounding areas, the commercial real estate market usually range from $2 million and $10 million. Options in this price range can be existing office or medical buildings, retail centers, industrial spaces, multi-tenant warehouses or flex facilities, and in some cases, commercial land for development. Given current financing available, investors typically need to fund 50-75 percent of the total purchase price. What’s It Worth? Arriving at the proper valuation for a potential purchase is critically important and will usually involve in-depth discussions between the buyer, seller, their representatives, attorneys, and partners, if applicable. Investors often evaluate commercial real estate investments based an overall capitalization rate, or “CAP” rate. This is the ratio of […]
As the commercial real estate industry continues to grow in The Woodlands, South Montgomery and North Harris Counties, it’s a great time to own a business, given the variety of commercial real estate properties available for lease and sale. However, it can also be frustrating for entrepreneurs who may not have experience in the pros and cons of leasing versus buying. And even for those business owners who do realize the advantages of Owner-Occupied Commercial Real Estate (OOCRE), they may lack the rental market knowledge or research time needed to decide if it’s the right choice for them. Is OOCRE the Right Choice? To help you determine if OOCRE is the right choice for your business, ask yourself the following questions: Do our short-term goals include rapid expansion? Is my current commercial property lease coming up for renewal within the next three years? Is it important for our company to be in control of future occupancy costs, expansion and parking rights? As an investment, could the real estate return on capital enhance or exceed your business return on capital? Easier to Finance Because there is less risk perceived in OOCRE, commercial lenders are generally more willing to approve loans. There are several […]
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Pictured left to right are Linda Crumley, Tim Maczko, and Lisa Hughes at The Woodlands Area Chamber of Commerce’s 30th Annual Economic Outlook Conference, themed “Grounded In Our Roots – Branching To The Future” held in February at The Woodlands Waterway Marriott Hotel & Convention Center. The J. Beard Real Estate Company served as a Platinum Sponsor and featured an informational booth.
We sponsored Bisnow’s 5th Annual “Future of The Woodlands/Springwoods Village: Growing Through The Downturn” symposium on May 11 held at Three Hughes Landing. The symposium featured a networking lunch followed by a panel discussion from area industry leaders. Josh Fienberg participated on the panel and spoke about commercial real estate.
The J. Beard Real Estate Company was honored to sponsor the March of Dimes, Texas Chapter, Houston Division’s “March for Babies” this year held April 23. Pictured from left are Julie Colwell and Rosa Dye.
We enjoyed playing Bingo For Babies, hosted by Woodlands Preemies to benefit March of Dimes. The J. Beard Real Estate Co. is a corporate sponsor. Pictured from left are Karyn Jackson Stephens, Lauren Crenshaw (Woodlands Preemies team member), Lisa Hughes, Julie Colwell and Liz Grimm (marketing vendor).
The J. Beard Company was a Platinum Sponsor for the Woodforest National Bank – Supplier Charity Golf Tournament on March 22 at the Woodforest Golf Club in Montgomery. Zach Armstrong, a broker in our office, won Closest to the Pin and Longest Drive. Way to go, Zach! Pictured left to right: Robert Marling, Jude McNamara, Terri Visosky, Clyde Drexler, Rodrigo Pelaez, and Zach Armstrong.
We were proud to be a sponsor of the inaugural St. Jude’s Red Carpet for Hope gala. Our summer college intern, Jackson Cain, provided a personal testimonial of his experience as a three-year-old who received treatment from St. Jude’s Children’s Research Hospital. His parents, Chuck and Andria Cain, owners of The Cain Group, served as event chairs for the gala, which raised $175,000.
We were pleased to have sponsored The Woodlands Christian Academy’s Sporting Clay Shoot as a Station Sponsor in February at Able Gun Range in Conroe.