Properties of all shapes and sizes are under the Lender’s microscope. Even property “owners” with long-term relationships with multiple assets with the same lender are under the lender’s microscope. Lenders use ratios, and when the ratios don’t match up with a...
Sacramento Light Rail gets a makeover, but how will we pay for it? And If we expand it, how will we increase ridership? Will it help if Gas Prices hit $10 a gallon? In Europe, mass transit is widely used; why? Here’s what’s happening: New Trains, Improved...
When I sat down to write this post, I wanted to discuss US history’s biggest real estate deals—deals like Sears Tower, which sold for $1.3 Billion, the GM Building in NY, which sold for $2.8 Billion, or Clint Eastwood and Arnold Palmer’s purchase of Pebble...
Strategies for Achieving Client Goals Our clients’ needs constantly change, particularly over the last four years, so it’s crucial to adapt, anticipate, and proactively assist your clients – even if they are unaware they need help. Clients don’t...
Commercial Real Estate is all about long-term relationships. While what you know is important, who you know and – who trusts you – is paramount. Relationships take time, sometimes years, to develop. When you have been in the CRE business for a long...
You are probably very familiar with hybrid work. Frankly, most of us start dozing off when we see another article about “The New Normal,” and I was hesitant to write about it. But the changes in Sacramento are worth noting. Recently, I toured an...
Tom Bacon has been assisting clients with their commercial real estate needs since 1984. The commercial real estate industry is a long term, relationship business. In dealing with others, a level of understanding must be achieved before the end goal can be achieved. We focus on exceptional work every step of the process while keeping an eye on the desired outcome. An exceptional outcome is the natural conclusion to a professionally orchestrated transaction or assignment.