It’s Word of the Week Wednesday! Let’s take a look at vacancy rate. Vacancy rate is a measurement expressed as a percentage of the vacant space in a rental property, such as a hotel, divided by the total amount of units of the property.
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CRE WORD OF THE WEEK
Good morning, its Word of the Week Wednesday! Let’s take a look at pro forma. Pro forma is a financial analysis forecasting a property’s cash flow using certain projections or presumptions. This can be estimated by using a combination of historical operating data growth assumptions and current market information.
CPR Represents Seller in 21 Acre Brooksville Land Deal
Commercial Partners Realty, Inc. announced today that Pasco land specialist, Jim Engelmann, along with David Culligan and Hayden Peiker, represented the seller, 21 Acres LLC, in the sale of 21 acres of development land located at 19200 Cortez Rd. in Brooksville FL. “The Florida market continues to be strong,” Engelmann says, “not just in Pasco…
CPR Team Welcomes David Culligan
Commercial Partners Realty welcomes broker David Culligan to our team. As an industry expert, Culligan represents commercial clients throughout their entire real estate pursuits. Operating out of the firm’s Tampa office, David is responsible for new business development, as well as all-inclusive consultation for his customers both locally and nationally. His ultimate goal is to…
CPR Represents Seller in $4,000,000 Sale of Land Property in Odessa.
Commercial Partners Realty, Inc. announced today that Pasco land specialist, Jim Engelmann, represented PWS, LLC in the sale of approximately 10 acres of land on State Road 54 in Odessa, Florida. The transaction closed in mid-September for $4,000,000. Located along the highly desirable State Road 54 Corridor in Pasco County, the property is positioned midway…
1031 Talk
Let’s talk about 1031 – not Halloween, but something that faced its own scare this fall – the tax deferment program used by many commercial real estate investors. The original version of the American Families Plan proposed a $500,000 cap on the popular capital gains deferment vehicle. However, the most recent version of the bill…
CPR Team Member Closes 123 Acre Land Sale in Pasco County
Commercial Partners Realty is pleased to announce the sale of 123 acres of retail and multifamily land in the first phase of a mixed-use development on the State Road 54 corridor in Pasco County. CPR Team member Jim Engelmann represented the sellers, Smith HV & Smith MV Co-Trustees & Dolcimascolo MM et al, in the…