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Latest commercial real estate insights from Urban Boulevard

Real Estate Development Feasibility Analysis Guide

As an entrepreneurial real estate developer, you will be presented with numerous development project opportunities. This guide covers the pre-development due diligence required for projects under serious consideration. When we say serious consideration, we mean the period from the time you begin contemplating an offer on a development site to the time you decide to go “hard.”

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scott borasComment
Prepayment Penalty Primer For Commercial Mortgages

Fixed-rate commercial real estate mortgage will include restrictions on your ability to pay off the loan’s outstanding balance prior to maturity. In this post, we explore the basics as well as some of the ins and outs of prepayment penalties and restrictions contained in commercial real estate loans.

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scott borasComment
Will the Gig Economy Drive the Future of Co-Working?

The gig economy encompasses a broad range of industries and occupations, including freelance business consultants, Uber drivers, home health care and construction workers, and people selling stuff on Amazon as a “side hustle.” While it may be easier than ever to go solo, not every gigger is a potential tenant for a co-working space.  

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Trendsscott borasComment
Vetting the Sponsor in Syndicated Development Deals

Why do accredited investors put money into syndicated ground-up development deals? Yield, pure and simple. But does that attractive yield justify the risk? Economic and development risks can be understood; however, assessing the strength of a developer in a syndicated deal can be challenging. And without a strong developer, investors should be very wary about putting money into a development project, no matter how high the pro forma rate of return.

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Co-Working Office Space – A Primer

Space as a service is a thing. And space as a service in the office sector (co-working or flexible workplaces) appears to be booming. The co-working business model is an arbitrage play. Operators hope to scoop up the difference between raw office space lease rates and the rent and add-on fees they can collect by packing members into spaces offering high-quality business services and souped-up TIs.

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