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Trick or Treat?

Man and child smiling with a creepy clown figure in a cage beside them. Background shows green trees, cloudy sky. Playful, spooky mood.

 

‘Tis the season of tricks and treats! Let’s see what delectable joys or spooky steps are happening with commercial real estate deals this Halloween season. Just as kids do, let’s start with the “good candy.”

 

What are the current treats? Cuts are top of my list! Not the gory, oozing, and bloody cuts we see in Halloween costumes––quite the opposite. This week the Fed decreased interest rates by 0.25 percentage points as they did in September. These cuts make borrowing cheaper, which makes commercial real estate investing and expansion more accessible. And that means more deals–– the best treat of all for clients and brokers. It’s like the house that gives out full size candy bars! 🍫

 

What are the “tricks” to watch out for? Well, they’re not really tricks, but more like traps that catch you if you don’t watch your step. Unlike in the residential market, commercial loans generally have bank penalties for refinancing or prepayment on an existing mortgage. In their defense, they put in a lot of work to get a commercial loan done. The traps are when owners don’t understand the terms. That’s where brokers come in. We guide clients to collect the treats and not be disappointed by “tricks.” 👻

 

Happy Halloween! 🎃



Smiling man with glasses in a blue checkered shirt and striped jacket, set against a blurred outdoor background with greenery.

Jeff Salzbrun is the owner/broker of Commercial Equities Group (CEG). As a veteran-owned real estate brokerage, CEG has been involved in thousands of sale and lease transactions, ranging from single offices to 250,000+ square foot buildings. At CEG, we get your deal done. We know space, and we know the CRE business.

 

 

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