Andy and Jessica welcome you to another episode of The Deal Board Podcast. This week they are accompanied by two of Transworld's Real Estate partners to talk about how commercial real estate leads business brokerage and affects business sales now and in the future.
Andy and Jessica are joined today by Phil Kubat, who dives deep into how commercial real estate is now in the Rocky Mountains area, and Alan Kaye, who shares his expertise in commercial deals.
Listing of the week: Jeni Abramson (Beverly Hills) is selling a highly reputable non-medical homecare agency; it is a franchise, so training will be provided by the franchisor and franchisee as well. The business has grown steadily for the last ten years with an impeccable reputation. The asking price is $2.1 million and the business made $2.8 million in revenue in 2022. Call Jeni at (424) 259-1248 or email her at jabramson@tworld.com
Key takeaways:
[3:57] Phil Kubat, an expert in commercial real estate, shares his perspective on the real estate market.
[7:32] Phil talks about the market rates at a national level.
[8:00] Phil shares about retail today.
[9:18] Jessica speaks of the Industrial market.
[11:06] Phil mentions important aspects of the current commercial marketplace.
[11:54] What advice does Phil have for commercial real estate sellers and buyers?
[13:53] Deal of the week: Scott Gorrill (Dallas Central Office) sold a deer corn manufacturer which started in 2015. The company makes $4 million in revenue and $500,000 in SDE. Books and records were super clean, which helped the buyer's due diligence.
[17:35] Alan Kaye, from Transworlds's commercial division, shares how things have changed in the commercial real estate sector.
[18:52] Alan speaks of the effect of the high interest rates.
[20:10] What are some of the "big players" currently doing in the marketplace?
[21:46] What is happening in the office field?
[24:54] Alan talks about the retail space.
[27:55] Alan describes the beauty of SBA financing.
[29:16] Alan and Andrew discuss how interest rates impact retirement plans.
[30:04] Alan emphasizes the upside of investing in Real Estate.
[31:14] To negotiate with landlords is a challenging task, and Alan explains why.
[35:40] Andy affirms: "It is a great time to buy."
[40:05] Listing of the week: Jeni Abramson (Beverly Hills) is selling a highly reputable non-medical homecare agency, it is a franchise, so training will be provided by the franchisor and franchisee as well. The business has grown steadily for the last ten years with an impeccable reputation. The asking price is $2.1 million and the business made $2.8 million in revenue in 2022.
Mentioned in this Episode:
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Email us thedealboard@tworld.com
Call Phil Kubat at (303) 981-1936 or email him at phil@transworldcie.com.
Email Scott Gorrill at sgorrill@tworld.com or call him at (940)230-1280.
Email Alan Kaye at akaye@tworld.com.
Call Jeni Abramson at (424) 259-1248 or email her at jabramson@tworld.com.
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