There are many different types of commercial properties that are poised to withstand economic downtown—for instance, Class B office buildings. Investing in these specific properties is a wise decision alone, but there are also a few steps you can take yourself to further protect your asset. Don’t over-leverage As a commercial real estate investor, one [...]
Finding the right property for your Alaska commercial real estate needs is a major step in itself, but once you've done so, you will then move on to negotiating the lease. A commercial office lease—whether you're looking for a medical office, retail space, condo office space or business park—will be inundated with key terms and legal information that [...]
When you're looking to invest in Alaska commercial real estate, there are many risks looming around the corner. In fact, they are quite easy to run into if you're not prepared or well researched. So how do you steer clear of these investor mistakes? Getting to know the market with the help of one of [...]
As you may know, real estate ebbs and flows just like any market. Periods of intense activity can often be followed by a winding down over several months, or even over the course of a year. It is the economy that plays the most pivotal role in these commercial real estate market cycles and any [...]
Classification of commercial properties in Alaska is typically based off of the current use. For example, a restaurant on a B-3 or general commercial lot would be categorized as Hospitality—Restaurant on akCOMMERCIAL.com. However, the B-3 zoning would allow for a user to potentially change the usage and/or redevelop the lot for a different purpose. If [...]
Higher is not always better. In a previous article, we reviewed the CAP rate as an initial indicator of value in Alaska commercial real estate. Now, let’s break down a couple common pro forma line items and explore how these variables affect CAP rates and the risk profile. Reserves vs. No Reserves Capital reserves are [...]
Both commercial real estate investors and professionals alike in Alaska will take a close look at an investment opportunity before they make their final decision, examining various value factors. One in particular is the CAP rate or capitalization rate. You have may have heard of it before, but what is it? CAP rate = NOI [...]
Whether you're looking to invest in commercial real estate in Alaska or are simply searching for the right office building or property for your business, you likely have dozens of questions on your mind. Questions surrounding the location, price and space will arise and you will find yourself wondering if Anchorage AK commercial real estate is the best investment [...]
