Good morning, welcome back to Word or the Week Wednesday! Let’s look at cash on cash return. Cash on cash return is a measure of the net annual return, minus debt service, the investor made on a property in relation to the amount of cash or equity applied to the purchase.
Hello, Its Word of the Week Wednesday! Today we have Land Assemblage, where 2 or more parcels of land that are adjacent can be combined into one parcel of land. This can give buyers greater development opportunities and sellers obtain higher values on combined land.
Commercial Partners Realty is pleased to announce that our office specialist Erik Anderson has represented the tenant SpaceLab Development, in the sublease of office space located at 100 2nd Avenue South. SpaceLab Development is extending its reach from Detroit and broadening its co-working services that offer various membership levels, ranging from a virtual mailbox to…
Good morning, Here’s another Word of the Week Wednesday! Let’s look at income approach. Income approach is a type of appraisal method that allows investors to estimate the value of a property based on the income the property generates. One method is calculated by dividing the net operating income by the capitalization rate.
Commercial Partners Realty, Inc. is pleased to announce that Kerra Almy has joined our team as an Administrative Assistant. She looks forward to providing support to our agents and clients, applying her marketing and administrative experience. Kerra joins us with a unique background in marketing, education and entertainment. She has developed programs for MOSI and…
Good morning, welcome back to Word of the Week Wednesday! Let’s talk about covenant. A covenant is a written agreement or restriction inserted into deeds or other legal contract documents stipulating certain activities will or will not be allowed on the property.
CPR wishes everyone Happy Holidays! Our offices will be closed December 26th through December 30th. We’ll see you in 2023!
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