Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
Followed Discussions Followed Categories Followed People Followed Locations
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: N/A N/A

N/A N/A has started 1 posts and replied 2 times.

Well, hopefully to answer all of your questions...

I've turned a few good residential deals and the last was a mixed-use property. Having seen the challenges and potential in commercial development, I'm now inexorably drawn to it. I do not own the land yet for this project but I've contacted the current owner; it's available and I've set the acquisition wheels in motion.

I haven't ruled out the possibility of handing the leadershipreigns over to someone more experienced (this may in fact be a condition of the funding) but the idea is mine and has met with good reception from the three commercial investors I've spoken with thus far. One of these is a bank that I've dealt with on previous projects and they didn't flinch (actually, they were rather excited to work with me on this) when I put the initial thumb-to-the-wind figures in front of them,

I've got a couple well-placed contacts in the city's development/planning agency and will be speaking to them today as I'm also investigating the possibility of establishing a public transportation hub on-site as well. The location is perfect and they're actively trying to grow the system. I will also discuss the previously posed question with them, as, IIRC, they maintain open channels with most of the larger commercial entities in the area.

I'm looking at putting together a multilevel urban retail complex (new construction). As I'm green in commercial development, I'm doing my DD and trying to figure out which (if any) of the larger regional retailers (ie., Target) are willing to lease. I know that Wal-Mart, for instance, is pretty steadfast on ownership but I think they've made exceptions recently in urban markets. Is there any good resource for this type of information. Even anecdotal info is apprecaited at this point.

thanks,
-josh