Truss’ Post

If you can draw your attention away from the massive glittery chandeliers, you’ll see Chelsea Putnam and myself explaining our icebreaker to 170 of our colleagues from Saffron Building Society at our Spring Conference 2024. We ran our icebreaker to get our colleagues from across all areas of the business including Savings, Mortgages, Finance, Marketing, IT, the Executive Team and more, getting to know a little bit about each other. For many, it was the first time they’d met in person on this scale. By getting to know our colleagues, we can begin #BuildingTrust and start #BuildingConnections to ensure we’re #BuildingSolutions to further grow how we’re #BuildingExcellence for ourselves, our colleagues and our members. #BuildingHappy TEAM ACM! 🙌🏼 Bronwen, Chelsea, Megan, Hemalee, Natalie, Molly, Nicola. 📸 @Jessica Pursglove

Here's tip #4 when negotiating a retail lease from our guest Bethany Babcock, Founder and Principal at Foresite Commercial Real Estate. Read the entire interview here:https://buff.ly/3tV6PLq Listen to the episode here: https://buff.ly/4aXV0oo Watch and subscribe to our YT: https://buff.ly/3Sj14QT 4. HVAC and plumbing: If you're on the landlord side, make sure that it's a one-time event, or that it has an end date because if those issues go on indefinitely, that means every buyer or lender that underwrites that property is going to have to underwrite that possible event. If you have an end date, within one year or two years, they can put it in and once that period has passed, that risk subsides. But if it's ongoing, then it's going to diminish the value of the building, because it has to get underwritten each year, or conservatively, every few years, however often they think it might occur. #Bethanybabcock #CRE #crei #leasenegotiation #NNN #NNNleases #retail #tenant #ti

Are we ready for the new standard in buyer representation? Recent practice changes require Realtors® to establish a written agreement with buyers before touring homes. This shift emphasizes the importance of communication and transparency in real estate transactions. Buyers now have several options to ensure their brokerage firm is compensated—each with its own nuances. From directly compensating their brokerage to negotiating credits from sellers, clarity is essential. It's crucial to align expectations early in the process, involving all parties in discussions about compensation agreements. Respecting these new practices not only fosters trust but also smoothens negotiations, ultimately benefiting everyone involved. As industry professionals, we must embrace these changes and educate our clients on how to navigate their options effectively. This proactive approach will ensure that buyers feel supported and informed in their home-buying journey. Let’s work together to uphold the highest standards in our practices. #RealEstate #BuyerRepresentation #RealtorStandards #FloridaRealtors #ClientEducation #ProfessionalDevelopment

Join us for an in-depth webinar today at 4 PM Eastern on Build 2 Rent's Jacksonville Quad (4-Plex) opportunities. Our industry experts will discuss current market trends, investment opportunities, rental yields, financial options, property management, and builder incentives. In this comprehensive session, attendees will gain valuable insights into the economic factors driving demand in the Jacksonville quadplex market, such as population growth, employment trends, and housing supply dynamics. This webinar is a must-attend for real estate professionals and investors looking to capitalize on opportunities in Jacksonville's quadplex market. Register for the webinar: https://shorturl.at/7QAu9 #Build2Rent #Buildforrent #b2r #build4rent #BuildtoRent #InvestmentWisdom #investmentopportunity #SmartInvesting #realestatelife #realestateadvice #flrealestate #FloridaRealEstate #newconstruction #financialliteracy #jacksonville #swflrealtor #B4R #b4r #btr #webinar #realestate #InvestorInsights #market #marketanalysis #details #quadplex #rentalincome #RentalIncomeOpportunity #passiveincome #event

Join us for an in-depth webinar on Build 2 Rent's Jacksonville Quad (4-Plex) opportunities. In this comprehensive session, our Build 2 Rent industry experts will discuss the current market trends, investment opportunities, rental yields, financial options, property management, and builder incentives. Attendees will gain valuable insights into the economic factors driving demand in the Jacksonville quadplex market, such as population growth, employment trends, and housing supply dynamics. This webinar is a must-attend for real estate professionals and investors looking to capitalize on opportunities in Jacksonville's quadplex market. Register for Webinar: https://lnkd.in/etqHePAK #Build2Rent #Buildforrent #b2r #build4rent #BuildtoRent #InvestmentWisdom #investmentopportunity #SmartInvesting #realestatelife #realestateadvice #flrealestate #FloridaRealEstate #newconstruction #financialliteracy #jacksonville #swflrealtor #B4R #b4r #btr #webinar #realestate #InvestorInsights #market #marketanalysis #details #quadplex #rentalincome #RentalIncomeOpportunity #passiveincome #event

The market has shifted and now many of the investors I speak with say that they are only focused in reliably high cashflow properties. They explain "You have to underwrite more conservatively and no longer factor in high appreciation or rental increases. Less speculation and more consistency." Often this translates to more density in more mature markets. For all who agree, please join us for an in-depth webinar on Build 2 Rent's Jacksonville Quad (4-Plex) opportunities. Register for Webinar: https://lnkd.in/epKvX-pi In this comprehensive session, our Build 2 Rent industry experts will discuss the current market trends, investment opportunities, rental yields, financial options, property management, and builder incentives. Attendees will gain valuable insights into the economic factors driving demand in the Jacksonville quadplex market, such as population growth, employment trends, and housing supply dynamics. This webinar is a must-attend for real estate professionals and investors looking to capitalize on opportunities in Jacksonville's quadplex market. #Build2Rent hashtag #Buildforrent hashtag #b2r hashtag #build4rent hashtag #BuildtoRent hashtag #InvestmentWisdom hashtag #investmentopportunity hashtag #SmartInvesting hashtag #realestatelife hashtag #realestateadvice hashtag #flrealestate hashtag #FloridaRealEstate hashtag #newconstruction hashtag #financialliteracy hashtag #jacksonville hashtag #swflrealtor hashtag #B4R hashtag #b4r hashtag #btr hashtag #webinar hashtag #realestate hashtag #InvestorInsights hashtag #market hashtag #marketanalysis hashtag #details hashtag #quadplex hashtag #rentalincome hashtag #RentalIncomeOpportunity hashtag #passiveincome hashtag #event

Join us for an in-depth webinar on Build 2 Rent's Jacksonville Quad (4-Plex) opportunities. In this comprehensive session, our Build 2 Rent industry experts will discuss the current market trends, investment opportunities, rental yields, financial options, property management, and builder incentives. Attendees will gain valuable insights into the economic factors driving demand in the Jacksonville quadplex market, such as population growth, employment trends, and housing supply dynamics. This webinar is a must-attend for real estate professionals and investors looking to capitalize on opportunities in Jacksonville's quadplex market. Register for Webinar: https://lnkd.in/epKvX-pi #Build2Rent #Buildforrent #b2r #build4rent #BuildtoRent #InvestmentWisdom #investmentopportunity #SmartInvesting #realestatelife #realestateadvice #flrealestate #FloridaRealEstate #newconstruction #financialliteracy #jacksonville #swflrealtor #B4R #b4r #btr #webinar #realestate #InvestorInsights #market #marketanalysis #details #quadplex #rentalincome #RentalIncomeOpportunity #passiveincome #event

𝐊𝐞𝐲 𝐭𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬 𝐟𝐫𝐨𝐦 𝐭𝐡𝐞 𝐀𝐩𝐫𝐢𝐥 2024 𝐘𝐚𝐫𝐝𝐢 𝐌𝐚𝐭𝐫𝐢𝐱 𝐑𝐞𝐩𝐨𝐫𝐭: 1. Nationwide Impact: The average annualized same-store rent per square foot now stands at $16.25, decreasing from $17.21 the previous year. 2. Metro-Level Trends: Cities like Atlanta and Miami see some of the most significant declines, with rates decreasing by as much as -7.5%. However, New York shows resilience with a milder rate drop of -2.9% despite substantial new supply. 3. Stabilizing Construction Rates: Despite declining street rates, the national new supply pipeline remained stable, with the amount of space under construction accounting for 3.7% of existing inventory. This indicates sustained developer interest in the self-storage market. 4. Rental Rate Compression: Leasing strategy changes, particularly by Real Estate Investment Trusts (REITs), have intensified competition, pushing down street rates. REITs have dropped their rates significantly, forcing smaller operators to follow suit to maintain occupancy levels. #cre #selfstorage #investmentsales #oaksidecompanies #selfstoragedata

See why "Brokers Await Uptick in Net Lease Retail Sales" & which corridors are considered "prime" for industrial developers — on the cover of Heartland Real Estate Business' October issue: Brokers Await Uptick in Net Lease Retail Sales While the decline in interest rates is expected to motivate buyers and sellers, the process will take time to unfold as cap rates play catch-up, say industry experts. By Kristin Harlow; insights from - Randy Blankstein, The Boulder Group; Dan Elliot, SRS Real Estate Partners; Jeff Lefko, Hanley Investment Group - Real Estate Advisors; Ashish Vakhariya, CRE Investment Advisor, Marcus & Millichap.   Industrial Developers Stake Out Prime Corridors Interstate access is key for landing tenants who seek logistical efficiencies.  By Kristin Harlow; insights from - Mike Hawryluk, ICG CRE; Aaron Martell, Logistics Property Company, LLC; Christopher Mergenthaler, DarwinPW Realty/CORFAC International; Matt Rauenhorst, OPUS DEVELOPMENT CORPORATION; Adam Gibbs, GLD; Bob Smietana, HSA Commercial Real Estate; Steve Ostrowski, Colliers; Terry Grapenthin, Lee & Associates Commercial Real Estate Services. Inside This Issue:   -Strong Demographic Growth Drives Development in Omaha   -Small, Multi-Tenant Buildings Shine in Chicago Office Market   -Property Tax Reductions Increase Profits of Data Centers Read the issue: https://lnkd.in/eQUR9xGU #CRE #Retail #Industrial #HeartlandREB

The Compass Q1 2024 Real Estate Market Reports are here and the first-quarter home sales activity around Southern California saw an overall increase...As we enter the next quarter of the housing market, partnering with experienced agents and brokers remains key. #realestate #MarketReport #marketinfo #losangelesrealestate https://lnkd.in/gE-NENsJ