Calling owners and occupiers alike, Bacon Commercial Real Estate wants to help you! We will take the time, upfront, to objectively lay out all of your options so that you can take the correct path, the first time.
Whether you are an investor or an owner-user, Bacon will ensure that you make the best deal possible. Often, the best deal is not even on the market. Bacon will seek out opportunities that are not on the market by contacting owners directly and calling on properties in transition (Example: A large tenant is moving out or a loan is coming due.) With 30 years of industry experience, Bacon is fully equipped to guide you through every step of the process: from finding the right property and negotiating the best deal to navigating the due-diligence process, securing financing, and ironing out title issues that crop up.
Opinion Of Value
Many times a property owner (or ownership group) needs a quick opinion of value and they do not want to go through the process and expense of getting an appraisal. Bacon Commercial Real Estate can turn around a Broker Opinion of Value in about one week at a nominal cost (or potentially free).
Hold Vs. Sell Analysis
Objective analysis of a property’s position in the market and the various Life Cycle Scenarios will make it a lot easier to make an informed decision of whether to sell or hold a property. The analysis compares the Net Present Value (NPV) of the various Life Cycle Scenarios, and depending on risk factors and ownership’s personal situation at the time, an objective decision can be made about the appropriate next course of action. For example, the NPV of selling a property may be $5,000,000. Let’s say one alternative is to hold and reposition the asset. This scenario results in a certain annual cash flow. We take a look at several years of cash flow for this scenario, discount the cash flows back to the present day, and from this we get a NPV. If the NPV is higher than the selling scenario, then the objective decision will be to hold.
Bacon has sold properties valued from $750,000 to as high as $50,000,000. Depending on the asset, Bacon integrates the property, market trends, and a variety of qualitative factors to achieve the highest sales price under the best terms. To be effective, it is imperative that the Listing Broker presents the property in the best light. This is why Bacon will engage the experts in a given market segment or asset class to ensure success.