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.
Similar Posts
QA Team Partner Austin Karrick Receives Connect Media Next Gen Award
Austin Karrick, an accomplished leader in the Tampa/St. Petersburg CRE industry, has been honored by Connect Media with its Next Gen Award. As an office and industrial real estate specialist for Pinellas County at Commercial Partners Realty Inc., Karrick is a dedicated team member and a partner in CPR’s Industrial and Office group, The QA…
CRE WORD OF THE WEEK
It’s Word of the Week Wednesday again! Let’s introduce the phrase market rent. Market rent is the rent a typical tenant would pay for a comparable unit or suite in the same or comparable market. On a good note to remember, A landlord may compare the contract rental rates near their property to understand if…
The CPR Team Welcomes Kevin Yeager
Commercial Partners Realty (CPR) is pleased to announce that Kevin R. Yeager has joined our team as Vice President, Commercial Services. Kevin joins the CPR team after a decade at Colliers with a background in office, retail leasing, and tenant advisory services. CPR commercial services division focuses on partnering with national, regional, and local clients…
CPR TEAM’S BOOMING VENTURES YEAR TO DATE.
Commercial Partners Realty has had a robust year thus far in 2022, completing 56 commercial real estate transactions in the Tampa Bay Market. Below are some of our influential transactions we in the 3rd quarter: CPR Broker Scott Clendening represented the Tenant Gemini Engineering & Sciences Inc., in the lease of an office space for…
CRE WORD OF THE WEEK
It’s Word of the Week Wednesday! We’ve got another cool phrase from the commercial real estate business. Let’s take a look at capitalization rate, also known as cap rate. The cap rate is the rate of return that investors receive on an income producing property. The cap rate is calculated as the ratio between the…
Commercial Partners Team Sets National Record at FGCAR Golf Tournament!
Clouds were gathering on a hot, humid Florida Fall afternoon. Four members of the CPR Team (Austin Karrick, Chris Ewing, Jim Engelmann and Frank Bozikovich) stepped up to the first hole of the Cove Cay golf course. It was the FGCAR Annual Golf Tournament, and this was “The Fastest Hole Competition”. The Fastest Hole Competition…