Arizona Commercial Real Estate Lending Market in Early 2024: A Cautious Optimism

We can offer insights into the Arizona commercial real estate lending market at the beginning of 2024. It’s important to remember this is just a snapshot and the market is constantly evolving. Overall outlook: The landscape is characterized by cautious optimism. Strong economic fundamentals like population growth and a favorable business climate are countered by headwinds like rising interest rates …

Case Study: Usable Square Footage

PROPERTY ACrammed Castle PROPERTY BSmart Space Sanctuary Total Square Footage: 1,500 sq ft Usable Square Footage: 1,100 sq ft (27% loss) Layout: Long, narrow hallways, awkward angles, wasted space under stairs. Living Areas: Small bedrooms, cramped kitchen, limited storage. Outdoor Space: Tiny balcony barely accessible from a single room. Total Square Footage: 1,500 sq ft Usable Square Footage: 1,400 sq ft (7% loss) Layout: Open floor plan, efficient use of corners, minimal wasted space. …

Real Estate ABC Series

Exciting news! We’re kicking off our Real Estate ABC Series, where we’ll explore everything from ‘Appraisals’ to ‘Zoning’! Get ready for a journey through the A to Z of real estate with us.   A = AMORTIZATION Heard of ‘amortization’? It’s like the road map for paying off your loan. With hard money loans, you’ll often have interest-only payments at …

Recent Project Highlights

We’re happy you’re here! Check out some of our recent closings… • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • 6628 S 22nd St., Phoenix, AZ 85042 Property Type: Commercial, …

May 2022: Market News Mash Up

Let’s dive into some developing stories…shall we?  SINGLE FAMILY HOME SURGE Public officials across the U.S. are stepping in to regulations the surge in single-family house rentals as costs climb. According to Costar news, these government entities are going up again the investors snatching existing single-family houses to build new ones for rental purposes only. The combination of increased residential …

PRIVATE LENDING: Overpriced Capital? or Strategic Teammate?

As we all know, the first step in assessing a loan is the “who” and “how”. Usually, you have two options: a bank OR a private lender.  At first glance, banks are usually the traditional and seemingly “cheaper” way to go, while private lending is often the unconventional seemingly “expensive” route. However, once you dig deeper into the opportunity costs, paperwork, and funding-time, …

Collateral-Based Lending

Private money loans – or simply “private money” – is a term used to describe a loan that is given to an individual or company by a private organization (source). What is collateral? Collateral can be used in these types of ‘private money’ loans to ensure a borrower will pay their loan back. These pieces of collateral are often homes, cars, …

What is an Appraisal…and Why is it Important?

What is an appraisal? How is it used? An appraisal is an unbiased estimate of the true value of what a property – whether land, distressed building, or recently constructed multifamily building – is worth. It’s used as an “objective way to assess market value and ensure that the amount of money requested by the borrower is appropriate” (source). Who appraises …

What to know about: Investing in Industrial

We have said it before, and we are saying it again here: the industrial sector is booming. Smaller retail businesses have been forced to pivot to online offerings, thereby limiting their physical brick and mortar presence. This means industrial activities, such as manufacturing, production, assembling, recycling, and research & development, are inevitably set to increase to fulfill the more abundant quantities …