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Oct. 26 (Bloomberg) — Paul Adornato, senior analyst at BMO Capital Markets, talks with Bloomberg’s Julie Hyman about the outlook for the commercial real-estate market and real-estate investment trusts (REITs). (Source: Bloomberg)
www.REIClub.com – Effective Gross Income (EGI) Is An Important Number in Commercial Real Estate. Here’s How To Calculate EGI For Your Real Estate Investment… Hi, this isFrank Chen with REIClub.com, the only site you need as a real estate investor. Today I’ve got quick video on how to calculate effective gross income (EGI) for commercial real estate investing. Effective Gross Income (EGI) The amount of income produced by a piece of property, plus misc income, less vacancy costs and collection issues. Investors use the EGI to determine how much they are willing to pay for the property based on how much they expect to make in earnings. Gross Potential Rent (GPR) The expected income a property will produce when fully occupied and all rents are collected. Example 10 unit apartment $800/month $8000/year x 12 months = $96000 Other Income/Revenues – laundry facilities – vending machines – car wash centers – additional storage – personal errand services – late fees from rent – parking permits – covered parking – etc… Example: $1000/mo in additional revenue $12000/year Total Potential Revenues (Gross Income) GPR + other income = $108000/year Vacancy The vacancy rate is the percentage of all the rental units that are vacant in relation to the total amount of units in the property. (Total Vacant Units) / (Total Units) = Vacancy Rate Average vacancy rates are around 5-10% Credits Money or percentage of income that is estimated to be lost due to non-payment of rents. Also includes …
Hey, check out these auctions: Cool, arent they?
Hey, check out these auctions: Cool, arent they?
Hey, check out these auctions: Cool, arent they?
Hey, check out these auctions: Cool, arent they?
East West Commercial Real Estate is pleased to announce its successful relocation of Jackson Sports Academy (JS
A) to McClellan Park in Sacramento County. Effective December 1, 2012, JSA is taking over 72,000 square feet of primarily warehouse space, which represents only a small portion of the 10 million square feet of commercial real estate that comprises McClellan Park.
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Article contributed by Brian Jacks
Brian Jacks is a Sacramento commercial real estate broker (since 1996) specializing in commercial leasing and investment sale transactions for retail, shopping centers, multifamily, apartments, senior housing, office, industrial, mixed-use, and special purpose properties. Having spent over 20 years with Wells Fargo, he personally facilitated the underwriting, approval and funding of almost 250 commercial loans totaling over $1 billion in proceeds.
Jacks is a Regional Vice President for EAST WEST Commercial Real Estate, a full service commercial real estate brokerage advisor based in Orange County. In addition to serving the Sacramento marketplace, he is also responsible for the company’s current expansion into the San Francisco Bay Area. For more information, contact:
Brian.Jacks@EastWestCommercial.com
Cell (916) 837-3456 | eFax (916) 313-3778
915 L Street, Suite C440, Sacramento, CA 95814
Broker Lic. #01217349
About EAST WEST Commercial Real Estate
EAST WEST Commercial Real Estate is a full service commercial real estate brokerage advisor specializing in investment sales, commercial leasing and finance for retail, office, industrial multifamily, senior housing, self-storage, mixed-use and special purpose properties throughout California and Arizona. The firm is headquartered in Orange County, CA. Brokerage offices include Sacramento, San Francisco, Walnut Creek, San Jose, Oakland, Los Angeles, San Diego, Orange County, Riverside, San Bernardino and Phoenix. Other services include bank REOs, 1031 exchanges, nationwide commercial Business Opinions of Value (BOV’s) and Broker Price Opinions (BPO’s), mortgage brokerage, lender services, and asset management.
Inland Empire Commercial Real Estate Property for Sale — in heart of Riverside, CA. Multi-family property with single family home in front. Motivated Seller. Offered by Michael Duhs of East West Commercial Real Estate in Orange County (949) 939-8352 or www.eastwestcommercial.com East West Commercial Real Estate is a specialist in the sale of apartments, sale and lease of commercial property and buildings, including commercial land, retail, shopping centers, industrial, office, commercial broker price opinions BPO / BOV. Offices throughout California, including Orange County, Los Angeles, San Diego, San Bernardino, Riverside, Sacramento, San Francisco, San Jose, Walnut Creek, and Oakland. Contact Information: East West Commercial Michael Duhs – Managing Director Michael.Duhs@EastWestCommercial.com Direct (949) 939-8352 30262 Crown Valley Parkway, Suite B518 Laguna Niguel, CA 92677
Engage In A Property Tax Appeal? Lower Your Property Tax Once And It Continues For Years. Consumer Reports Report 40% Of The Population Is Over-assessed! Some Say Higher. Step-by-step Specifics, Percentages And Numbers To Use Maximize The Win! Property Tax Appeals – Property Tax Reduction
East West Commercial Real Estate’s Regional Vice President, Brian Jacks, is mentioned in today’s print edition of the Sacramento Business Journal regarding standoff between Walmart, Sacramento County officials and owner of the South Sacramento shopping center vacated by Walmart in 2009. Click Here to Continue!
Article contributed by Brian Jacks
Brian Jacks is a Sacramento commercial real estate broker (since 1996) specializing in commercial leasing and investment sale transactions for retail, shopping centers, multifamily, apartments, senior housing, office, industrial, mixed-use, and special purpose properties. Having spent over 20 years with Wells Fargo, he personally facilitated the underwriting, approval and funding of almost 250 loans totaling over $1 billion in loan proceeds.
Jacks is a Regional Vice President for EAST WEST Commercial Real Estate, a full service commercial real estate brokerage advisor based in Orange County. In addition to serving the Sacramento marketplace, he is also responsible for the company’s current expansion into the San Francisco Bay Area. For more information, contact:
Brian.Jacks@EastWestCommercial.com
Cell (916) 837-3456 | eFax (916) 313-3778
915 L Street, Suite C440, Sacramento, CA 95814
Broker Lic. #01217349
About EAST WEST Commercial Real Estate
EAST WEST Commercial Real Estate is a full service commercial real estate brokerage advisor specializing in investment sales, commercial leasing and finance for retail, office, industrial multifamily, senior housing, self-storage, mixed-use and special purpose properties throughout California and Arizona. The firm is headquartered in Orange County, CA. Brokerage offices include Sacramento, San Francisco, Walnut Creek, San Jose, Oakland, Los Angeles, San Diego, Orange County, Riverside, San Bernardino and Phoenix. Other services include bank REOs, 1031 exchanges, nationwide commercial Business Opinions of Value (BOV’s) and Broker Price Opinions (BPO’s), mortgage brokerage, lender services, and asset management.